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Industry
September 15, 2025
Rumors Say Polymarket Considers $9B Valuation While Kalshi Targets $5B
Polymarket and Kalshi, two leading platforms in the prediction market space, are reportedly pursuing new funding rounds at valuations of $9 billion and $5 billion, respectively, marking a huge growth compared to just relatively recently. Polymarket and Kalshi Eye Multi-Billion-Dollar Valuations According to The Information, Polymarket has received offers valuing the company as high as […]
Business
September 15, 2025
Bragg Gaming Secures New Financing Deal to Boost Growth
Bragg Gaming Group has reached a new milestone thanks to a recent financing agreement with the Bank of Montreal (BMO) that will bolster the company’s financial position. This development will grant the iGaming technology provider access to fresh credit of up to $6 million. The funding will be instrumental in Bragg’s continued growth and expansion […]
Industry
September 9, 2025
New York GGR Increases in August, Following an Unexciting Summer
The New York State Gaming Commission (NYSGC) has published its revenue report for August, highlighting statistics about the performance of the local gaming industry. Sports Betting Experienced Significant Growth According to the NYSGC’s official report, the state’s total sports betting handle for August reached $2.04 billion, marking the first time gaming in the Empire State […]
Industry
September 8, 2025
Entain Stock Jumps as Analysts Discuss New Strategic Moves
Entain Plc shares rose this week after analysts discussed new strategies for its US joint venture and broader M&A plans. The betting company based in London and co-owner of BetMGM with MGM Resorts International, became the best-performing stock on the FTSE 100 on Friday after Jefferies issued an optimistic report. Jefferies Remains Optimistic on Entain […]
Industry
September 5, 2025
Sweden’s Gambling Market Shows Modest Growth amid Policy Debates
Sweden’s regulated gambling industry experienced a slight increase in second-quarter revenues, rising to SEK 7.02 billion ($750 million). According to recent data released by Spelinspektionen, the Swedish Gambling Authority, the figure represents an improvement of 1.9% compared to the same period last year and a more notable 5.9% increase from the previous quarter. However, some […]
Business
September 5, 2025
Allwyn Posts Unaudited Q2 Report, Highlights Strong Results
International lottery giant Allwyn International has published its preliminary unaudited financial report for the second quarter of 2025 (the three-month period ended June 30, 2025). The report outlined favorable increases across the board, with the exception of the company’s operating EBITDA, which suffered a hit. Another Quarter of Solid Financial Performance Allwyn’s unaudited Q2 report […]
Industry
September 5, 2025
Jefferies Improves Its Macau Casino Forecasts
Investment banking firm Jefferies has updated its Macau forecasts, increasing its gambling revenue projections for the region. Despite its previous reservations, the firm now seems much more optimistic about the local industry’s potential. Jefferies Is Optimistic About Macau Despite the Slower Start to 2025 Jefferies‘s previous forecast predicted that Macau’s casinos would reach MOP […]
Business
September 3, 2025
Jason Ader’s 26 Capital Collapses into Bankruptcy After Failed Okada Manila Deal
Wall Street investor Jason Ader, well-known for his high-profile ventures into the gaming sector, has placed 26 Capital Acquisition Corp, his special purpose acquisition company (SPAC), into Chapter 11 bankruptcy. The filing marks a dramatic fall from grace for a company that once aimed to bring one of Asia’s largest integrated resorts, Okada Manila, onto […]
Business
September 3, 2025
Holland Casino Swings Back to Profitability Despite Rising Tax Pressures
As the first half of 2025 draws to an end, Holland Casino posted a profit of EUR 14.2 million ($16.6 million), reversing the loss in the same period last year. While positive, these gains are the result of significant cost-cutting measures, strategic restructuring, and the sale of two properties, rather than stemming from an increase […]
Business
September 2, 2025
Analysts Flag Structural Challenges for Tabcorp Despite Earnings Lift
Australian gambling giant Tabcorp is expected to post improved financial results in Q2 2025. However, analysts warn that deeper structural issues continue to loom over the company’s future. Recent regulatory issues and policy changes in key regions could further undermine the operator’s position if it fails to adapt. On-Course Shops Will Be the First to […]
