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Business
March 24, 2025
Billionaire Pub Baron Mathieson Endorses Bally’s Bid for the Star
One of the world’s leading entertainment companies recognized for its “innovation, energy, and dedication to creating thrilling gaming experience,” Bally’s Corporation, has received endorsement from Star Entertainment Group’s largest shareholder in its bid to take control of the struggling Australian casino operator. Billionaire Pub Baron Bruce Mathieson Supports Bally’s Offer According to local reports, Bruce […]
Business
March 21, 2025
XLMedia Receives Only $1M Despite Robust Sportradar Financials
XLMedia PLC, a once-leading digital media company, recently announced it will receive a performance-related earnout of $1 million from Sportradar AG. This development comes after XLMedia sold its North American business to Sportradar in November 2024, a deal that initially envisioned a maximum total potential consideration of up to $30 million. Sportradar’s Business Model Proved […]
Business
March 20, 2025
Gambling.com Confirms Strong Q4, Expects Continued Momentum
Gaming industry affiliate services provider Gambling.com has published its official Q4 and 2024 report, showing results that were mostly consistent with the figures outlined in its earlier preliminary report. The company reiterated its optimistic 2025 revenue and EBITDA outlook, expressing confidence in its position. The Company’s Results Are Consistent with Its Preliminary Report The company’s […]
Business
March 20, 2025
Bragg Gaming Publishes 2024 Financials, Reaffirms Guidance
Bragg Gaming Group has published its official financials for 2024, confirming many of the metrics outlined in its previously published preliminary report. The company reiterated its optimistic outlook for 2025, saying that it expects its revenue to continue soaring. The Report Was Strong, as Expected In Q4, the company’s revenue increased 16.3% year-on-year to a […]
Legal
March 20, 2025
Turkey Cracks Down on Payment Providers Facilitating Illegal Gaming
Turkey has cracked down on several payment firms believed to be connected to illegal iGaming. Dozens of individuals were arrested in the process, including the firms’ chairman. Dozens of People Were Arrested On Monday, the Turkish police made a total of 52 arrests in Istanbul as part of its crackdown on illegal gambling. The police […]
Industry
March 19, 2025
Pennsylvania iGaming Thrives Despite February Revenue Dip
Pennsylvania’s gambling sector saw a moderate slowdown in February, with total revenue dropping 4.3% year-on-year to $477.2 million, according to data from the Pennsylvania Gaming Control Board (PGCB). Despite this dip, iGaming revenue surged, helping offset losses from traditional casino games and sports wagering. While the data does not encompass verticals like skill games or […]
Business
March 19, 2025
Sportradar Publishes FY24 Report, Confirms IMG ARENA Acquisition
Sports data giant Sportradar has published its FY 2024 results, reporting a significant increase in revenue. In addition to that, the company unveiled a major new acquisition deal, announcing that it will acquire IMG ARENA in a $225 million deal. Sportradar Publishes Its 2024 Report In its report, Sportradar outlined full-year revenue of EUR 1.1 […]
Business
March 19, 2025
Bally’s Plans Casino with Ownership Perks for Bronx Locals
Bally’s Corporation, the leading hospitality and gaming company, is one of nearly a dozen gambling operators and coalitions looking into the possibility of securing a casino license in New York. While competition is fierce, only three licenses are up for grabs. Benefits for Bronx Residents Include Pledges to Community Programs, Investment Opportunities In an effort […]
Industry
March 14, 2025
New York Sports Betting Handle Stumbles in February amid Market Uncertainty
New York’s mobile sports betting handle dipped below the $2 billion threshold for the first time in six months, as February’s total bets amounted to $1.98 billion. The decline represented a 20.2% drop from January’s record $2.48 billion handle. However, the figure still represents an 11.2% year-on-year growth compared to February 2024. Revenues Followed a […]
Business
March 14, 2025
Cirsa IPO on Hold as Blackstone Reacts to Market Uncertainties
Late last month, we reported that the private equity firm, Blackstone, may consider introducing initial public offering (IPO) for Cirsa, the leading Spanish gambling company. Going public on Madrid’s stock exchange may raise between $746 million and $1.1 billion for 20% or 25% of its shares. However, while Cirsa was expected to go public at […]
