Gambling News - 'Business'
Business
February 6, 2026
MGM Resorts Posts Strong Q4 and FY 2025 Results, Prepares for Further Growth
Global casino and hospitality giant MGM Resorts International has published its financial results for Q4 2025 and FY 2025, highlighting the continued strength of its portfolio. With the Osaka resort being built, MGM is even more optimistic about what the future might hold. Q4 Was a Strong Quarter Despite the Vegas Setbacks In its release, […]
Business
February 6, 2026
Genius Sports Stock Plummets, Shareholders Unimpressed with Legend Deal
Genius Sports just set out to acquire Legend, a global, digital sports and gaming media network built to monetize attention, in a groundbreaking $1.2 billion deal. While the company was thrilled about this move, investors did not reflect the same enthusiasm. Investors Don’t Believe the Acquisition Was a Genius Move Genius Sports just announced that […]
Industry
February 5, 2026
NA Snowstorms Have a Significant Effect on Gambling Revenue, Analysts Say
According to recent analyses by Jefferies Equity Research and J.P. Morgan, the harsh weather that much of North America has recently experienced has had a measurable effect on the revenue and visitation numbers of traditional land-based casinos. Jefferies Equity Research’s Analysts Project Lower Revenues Jefferies Equity Research analyst David Katz attributed recent performance to adverse […]
Industry
February 5, 2026
AGEM Index Dips Slightly in January
The AGEM Index declined in January, with mixed results for the world’s 10 leading gaming suppliers. Most companies experienced a downturn in stock performance due to issues ranging from legal disputes to cautious investors. Six of 10 companies saw price drops. Aristocrat Leisure Limited led with a 7.9% decrease and a loss of over 53 […]
Business
February 5, 2026
Genius Sports Acquires Legend, Publishes Preliminary 2025 Results
Genius Sports, the official data, technology and broadcast partner that powers the global sports, betting and media ecosystem, announced that it has penned a definitive agreement to acquire Legend, a global, digital sports and gaming media network built to monetize attention. In addition to that, the company published its preliminary results for the year. Genius […]
Prediction Markets
February 5, 2026
Kalshi Disputes Report Claiming That Prediction Markets Users Lose Money Faster
A recent report by a Wall Street analyst suggested that regular prediction market users lose money faster than their traditional sports betting peers. Needless to say, Kalshi wasn’t exactly pleased. The Report Said Prediction Markets Favor Pro Traders The initial report was the brainchild of Citizens analyst Jordan Bender and cited betting data to suggest […]
Business
February 5, 2026
Playtech’s H2 2025 Update Highlights the Company’s Strength
Playtech has published its trading update for H2 2025, reporting strong performance and setting optimistic expectations for its financial report. However, the company also acknowledged certain headwinds that it is now facing in certain key markets, such as the UK. Playtech Bullish on 2025, Optimistic about 2026 The update highlighted Playtech’s continued strength, which was […]
Business
February 5, 2026
Evolution Pleased with FY 2025 Financials Despite Multiple Setbacks
Evolution, a provider of cutting-edge online casino games and live casino experiences has published its financial results for the final quarter of 2025, reporting decreases in revenue and EBITDA. Despite that, the net revenues for the full year remained stable. Evolution Faced Some Setbacks in Q4 In Q4 2025, Evolution’s net revenues reached EUR 514.2 […]
Business
February 4, 2026
2025 Was a Record Year for BetMGM, Which Exceeded All Expectations
Online gaming and sports betting giant BetMGM has published its financial results for 2025, highlighting performance that exceeded its leadership’s expectations. As revenue continued to experience double-digit growth, the company turned EBITDA positive, sparking optimism about its long-term success. BetMGM Remains on Track to Achieve EBITDA of $500M in 2027 The report outlined FY 2025 […]
Business
February 4, 2026
Crypto.com Bets on Prediction Markets with Launch of Its OG Platform
Crypto.com has doubled down on its US expansion plans with the launch of OG, a standalone prediction market platform that brings regulated event trading to a wider audience. The company intends to expand its current operations into a vertical that has drawn growing interest from sports fans, investors, and regulators while incorporating lessons learned from […]