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Gambling News - 'Finance'
Sports
August 28, 2025
Our Hong Kong Foundation Wants to Fund Sports with Betting Money
Our Hong Kong Foundation, a Hong Kong think tank focused on the city’s social and economic development, has encouraged the government to use the proceeds from betting to enhance the local sports sector. The Think Tank Wants to Turn Hong Kong into a Mega Sports Events Capital In its latest report, Our Hong Kong Foundation […]
Industry
August 28, 2025
Inspired Entertainment to Sell Holiday Parks Business to GENDA
Inspired Entertainment, a leading B2B provider of content, technology, hardware, and services to the gaming industry, has unveiled the planned sale of its holiday parks business and certain associated leisure assets. Inspired Offloads Its Holiday Parks Business In its official press release, Inspired Entertainment said that it has entered into a definitive agreement with entertainment […]
Industry
August 27, 2025
The Star Fails to Negotiate Covenant Waivers with Lenders
The Star Entertainment Group’s financial troubles continued, as the company found itself unable to secure lender waivers that would have allowed it to breach the terms of its debt agreements without risking penalties. The Terms Are Unacceptable to The Star In an official Australian Securities Exchange (ASX) release, the company responded to a recent publication […]
Business
August 22, 2025
Hann Holdings Defers $236M IPO as Casino Markets Change
Hann Holdings Inc. has chosen to postpone its PHP 13 billion ($236 million) initial public offering (IPO). Prior to this decision, the company remained undeterred by the struggles facing the country’s brick-and-mortar casinos. Hann Holdings Inc. Takes a Step Back Hann stated that the decision was prompted by current market conditions and sentiment, which the […]

Industry
August 22, 2025
PGCB Publishes July Report as Industry Revenue Grows to $558M
The Pennsylvania Gaming Control Board (PGCB) has published its financial report for July, highlighting a double-digit increase in gaming revenue. While most verticals experienced growth, table games, VGTs, and fantasy sports declined slightly. Online Gaming, Especially Slots, Experienced Stellar Growth According to the PGCB, the combined total revenue generated by the state’s gaming industry reached […]

Business
August 21, 2025
Better Collective Holds Steady According to Q2 2025 Interim Report
Leading digital sports media group, Better Collective, has published its interim report for the second quarter of 2025, showing results in line with expectations, despite revenue declining year-on-year as the group continues to tackle regulatory changes in primary markets. 18% Revenue Drop In Q2 2025 Revenue reached EUR 82 million (USD 95.5 million), signaling an […]

Insider
August 19, 2025
Angels or VCs: who should you bet on for your iGaming start-up?
It’s a decision that can define your company’s trajectory, and I’ve seen it play out countless times. Here’s how it goes A young iGaming start-up is gaining traction. It’s backed by a smart team with a clear vision, and investors are circling. Usually, start-ups are simply relieved to secure funding, whatever the source. But where […]

Business
August 15, 2025
3G Capital Exits DraftKings Stake Despite Strong Quarterly Performance
Investment company 3G Capital Partners has sold all its DraftKings shares, getting rid of 70,000 Class A stocks in the second quarter of 2025, as shown in its newest report to the US Securities and Exchange Commission. This sale ends the hedge fund’s connection to the online betting company, which it had started to reduce […]
Industry
August 14, 2025
BSP Orders E-Wallets to Cut Ties with Online Gambling Sites Within 48 Hours
The Philippine Central Bank, also known natively as Bangko Sentral ng Pilipinas (BSP), has given all e-wallet providers a 48-hour deadline to disconnect their platforms from online gambling websites. BSP Sets Ultimatum for E-Wallets BSP Deputy Governor Mamerto Tangonan disclosed the matter during the Senate Committee on Games and Amusements hearing on Thursday, stating that […]
Business
August 14, 2025
Bragg Gaming Group Publishes Q2 Results, Expresses FY 2025 Confidence
Bragg Gaming Group, a B2B provider of iGaming tech and content, has published its financial report for Q2 2025, highlighting an increase in revenue, despite a slight drop in adjusted EBITDA. The company also updated its full-year forecasts, as it shifts toward high-quality earnings. The Adj. EBITDA Decreased Despite an Increase in Revenue In Q2 […]