Business
October 23, 2025
Evolution Posts Mixed Q3 Report, Vows to Continue Improving
Evolution has published its Q3 2024 report, highlighting a slight decrease in revenue for the quarter and a slight increase for the year-to-date period. In any case, the leadership remained convinced in the company’s “exciting future” and vowed to take action against the authors of the controversial 2021 report. Evolution’s Q3 Results Were Mixed In […]
Business
October 23, 2025
LVS Q3: Company Continues to Overperform in Macau and Singapore
International gaming and hospitality giant Las Vegas Sands has published its financial report for the third quarter of the year (Q3), reporting a strong financial position. As a result, the company’s board announced an increase in dividend. A Successful Quarter for the Company In its report, the company outlined net revenue of $3.33 billion for […]
Industry
October 22, 2025
Pennsylvania Gaming Revenue Climbs Again as Online Play Drives Growth
Pennsylvania’s gambling industry retained its considerable momentum in September 2025. The Pennsylvania Gaming Control Board (PGCB) reported total revenue of $535.8 million across all verticals, including casino gaming, sports betting, fantasy contests, and video gaming terminals. With a 5.9% increase from September 2024’s $505.9 million, Pennsylvania remains one of the US’s most robust gambling jurisdictions. […]
Business
October 22, 2025
Winvia Entertainment Targets UK Prize Draw Sector in November IPO
Winvia Entertainment PLC has announced plans to raise £40 million ($53.5 million) through a share placing ahead of its expected initial public offering on London’s AIM market in early November. This development marks a vital milestone for the technology-driven entertainment group as it seeks to consolidate its presence in the UK prize draw sector and […]
Business
October 15, 2025
Rank Group Posts Q1 Results, Highlights Growth Despite Setbacks
Rank Group has published its financials for the three-month period ended September 30, 2025 (Q1), highlighting increases across the board. Rank Group’s Revenues Increased Across the Board In its report, Rank Group highlighted Q1 net gaming revenue (NGR) of GBP 210 million ($281.4 million), up 9% year-on-year. Taking a look at how the serious segments […]
Business
October 15, 2025
Entain Posts Q3 Results, Reiterates FY 2025 Guidance
Entain has published its Q3 financial update, highlighting favorable metrics. Thanks to the increasing financials, the company reiterated its FY 2025 guidance. Entain Experienced Stable Growth In its report for the three-month period from July 1 to September 30, 2025, Entain recorded a total group net gaming revenue (NGR) increase of 7% on a constant […]
Business
October 14, 2025
BetMGM Posts Q3 2025 Update, Highlights Double-Digit Increase in Revenue
Leading sports betting and iGaming operator BetMGM has published its Q3 2025 update, highlighting a double-digit increase in revenue. Revenues Continued to Soar In its report, BetMGM emphasized that its Q3 performance has been ahead of expectations due to tailwinds across both its betting and online gaming divisions. As a result, the company’s net revenue […]
Business
October 14, 2025
Xtremepush Secures Investment of Almost $13M from AshGrove Capital
Xtremepush, an AI-driven CRM and gamification platform, has raised $12.6 million in new funding from long-standing investment partner AshGrove Capital, aiming to use the new funds for further expansion into new markets. Xtremepush and AshGrove Capital Sign Financing Deal According to a press release, the B2B software-focused investor has provided the company with a flexible […]
Legal
October 13, 2025
Gambling Mogul Marcel Boekhoorn Ordered to Divest His Novum Bank Shares
Dutch billionaire Marcel Boekhoorn, a major investor in the gambling sector, has been directed by the Malta Financial Services Authority (MFSA) to divest his shares in Novum Bank after losing his “fit and proper” status. MFSA Orders Boekhoorn to Divest His Shares Boekhoorn, who has significant investments in casino game developer Habanero Systems, is among […]
Business
October 13, 2025
Kalshi Secures $300M Funding, Hits $5B Valuation
Tarek Mansour, CEO of Kalshi, has confirmed in a LinkedIn post the long-rumored $300 million investment secured in the company’s latest funding round, bringing the company’s valuation to $5 billion, as stated last month. Kalshi’s CEO Announces the Company Hit Its Previously-Stated Validation This new capital injection boosts the valuation of the prediction market leader […]
