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Industry
February 11, 2025
Gibraltar Adopts INTERPOL’s I-GRIP Mechanism to Freeze Illicit Funds
The Gibraltar Financial Intelligence Unit (GFIU) has unveiled a new tie-up with INTERPOL that would strengthen the British Overseas Territory’s anti-financial fraud mechanisms. Known as a major licensing hub for gambling, Gibraltar is always at a higher risk of being exploited by criminal organizations. GFIU Joins Forces with INTERPOL According to the announcement, Gibraltar’s GFIU […]
Business
February 11, 2025
Catena Media Posts Weak 2024 Results, Remains Confident in Its Strategy
Affiliate powerhouse Catena Media has published its year-end report for the period January-December 2024. Despite a noticeable decline in revenue, the company remains confident that its business strategy will soon pay off. Optimization Measures Stabilized EBITDA in Q4 In Q4 2024, Catena Мedia reported EUR 10.2 million ($10.5 million) in revenue from continuing operations. This […]
Business
February 10, 2025
Superbet Announces Important €1.3B Injection of Capital
Superbet, the Romanian group that wants to “bring exciting, technology-powered entertainment in Sports & Gaming to millions of customers around the world,” has completed a €1.3 billion ($1.34 billion) refinancing agreement with Blackstone. The agreement, which was also backed by funds managed by HPS Investment Partners, was officially announced on February 7. On Track with […]
Business
February 10, 2025
Star Entertainment Confirms Getting Queen’s Wharf Bids
At the beginning of February, it was rumored that private equity giant Blackstone was considering taking over Star Entertainment once the Australian group was placed into voluntary administration. Now, the ASX-listed owner and operator of The Star Sydney, The Star Gold Coast, and Treasury Brisbane has confirmed it was pondering several proposals for its stake […]
Business
February 7, 2025
How Brazil’s First Month of Regulated Betting Looked Like
The newly regulated Brazilian betting market has completed its first entire month, and the pressing question regarding the channelization rate is looming over the industry. Early estimates from AI-driven market analytics platform Blask indicate that Brazil’s betting sector generated approximately $154 million in gaming revenue during the first month of 2025. Blask analyzes billions of […]
Industry
February 5, 2025
H2 Gambling Capital Predicts Huge Rise in Brazilian iGaming
H2 Gambling Capital’s latest study reveals significant growth in Brazil’s online betting and iGaming market, with active accounts expected to reach 36 million by 2026. H2 Gambling Capital Announces Details on Brazil Study Global specialist gambling sector market data provider H2 Gambling Capital has provided some new data for the upcoming trends in the iGaming […]
Business
February 5, 2025
Blackstone Could Wait for Star to Be Placed Under Administration
Blackstone, a major alternative asset manager with over $1 trillion in assets under management, is reportedly eyeing ASX-listed group that owns and operates The Star Sydney, The Star Gold Coast, and Treasury Brisbane, Star Entertainment. Different Approach Instead of making a regular move, the NYSE-listed company that serves institutional and individual investors and has deep […]
Business
February 4, 2025
BetMGM Posts 2024 Report, Expects to Meet 2025 EBITDA Goals
Betting and gaming juggernaut BetMGM has published its FY 2024 financials, delivering revenue growth and optimistic EBITDA forecasts. While the brand is still EBITDA negative, it is convinced that 2025 may be a turning point. BetMGM Hopes to Turn EBITDA-Positive Soon BetMGM, which is jointly owned by MGM Resorts International and Entain, reported net revenue […]
Business
February 4, 2025
US Tariffs on Canada May Harm Tourism, Lead To Job Losses
After returning to the White House as the new President of the United States late last month, Donald Trump has been busy with work. Signing pardons and proposing the implementation of tariffs were only a small portion of the new President’s busy schedule. Trump proposed the implementation of tariffs on Canada, Mexico, as well as […]
Lottery
February 3, 2025
Lottery Couriers Grow Exponentially in Texas
Lottery courier operators across the United States enable customers to buy tickets for official state lottery games and participate in national draw games like Powerball and Mega Millions. Offering convenience, lottery courier apps allow customers to securely purchase a ticket and participate in a range of different games. While in some states such apps operate […]
