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Business
July 24, 2025
Las Vegas Sands’ Q2 Report Underscores Its Strengths
International gaming and hospitality giant Las Vegas Sands has published its financial results for the second quarter of the year, reporting an increase in its revenue and EBITDA. According to the company’s official announcement, high hold on rolling play at its Marina Bay Sands property played a big role in achieving these favorable results. Q2 […]
Legal
July 23, 2025
Whistleblower Accuses EY of Enabling Organized Crime with Links to Gambling
A former partner at Ernst & Young (EY), by the name of Joe Howie, who spent 35 years in various roles at the firm, has alleged that EY knowingly delivered audit and compliance services to gambling clients with suspected ties to transnational organized crime, including Chinese mafia figures involved in US-listed casino companies. He also […]
Business
July 23, 2025
Kambi: Tough Comparisons and Headwinds Result in Weaker Q2
Kambi Group, a B2B provider of sports betting services, has published its report for the second quarter of the year, highlighting its resilience despite a decrease in revenue. While the leadership expects further headwinds in 2025, it remained optimistic in the company’s ability to generate value. The Company’s Q2 Report Outlined Suboptimal Performance Kambi’s financial […]
Business
July 22, 2025
Evoke Posts Solid Q2 Gains, Holds Course on FY25 Targets
Betting and gaming giant Evoke, the parent company of William Hill, 888, and Mr Green, has reported a second-quarter surge in revenue and earnings, driven by robust growth across its international digital business and an impressive recovery in retail operations. CEO Widerström noted that the company would strive to maintain this trajectory and deliver lasting […]
Business
July 21, 2025
Pavilion Payments Expands Capabilities via CasinoSoft Acquisition
Pavilion Payments completed the acquisition of casino compliance software specialist CasinoSoft. This move aims to enhance operational efficiency across the gaming industry’s most complex areas, such as AML compliance, jackpot processing, and tax reporting. This development should also enable Pavilion Payments to retain its momentum and secure additional strategic partnerships. Evolving Challenges Require Innovative Solutions […]
Business
July 21, 2025
Allwyn Acquires Stoiximan, Divests Assets in Australia and Germany
Lottery and casino powerhouse Allwyn has completed its acquisition of Stoiximan by acquiring the remaining shares in the company. At approximately the same time, the company divested casino assets in Australia and Germany, furthering its online focus. The Company Set Out to Acquire the Remainder of Stoiximan According to Allwyn’s official announcement, Stoiximan, which is […]
Business
July 18, 2025
Betsson’s Shares Plummet in Spite of Favorable Q2 Report
Betsson Group has published its report for the second quarter of 2025, reporting a significant organic increase in revenue. Despite that, the company’s shares have taken a dip. Betsson’s Report Outlined Double-Digit Revenue Growth According to Betsson’s report, its group revenue stood at EUR 303.7 million ($353 million) for the period, up 12% year-on-year. This […]
Business
July 17, 2025
Posh Monkey Studios Secures Investment from Velo & Deal with Games Global
Posh Monkey Studios, an ambitious developer of iGaming products, has secured a strategic investment from Velo Partners. The extra funding will help the studio accelerate its growth on a global scale. At the same time, the studio inked a deal with Games Global. The Exact Sum Was Not Disclosed Although the announcement didn’t specify the […]
Industry
July 15, 2025
Dutch Gambling Regulator Takes Aim at Illegal Advertising Network
Kansspelautoriteit (KSA), the Netherlands Gambling Authority, has taken decisive action against three companies for continued promotions of unlicensed gambling platforms on Dutch-facing websites. SBM Holding Group, Sun Block Media Labs 2.0 Ltd, and JEF Holdings Ltd face a penalty order that could cost them up to €225,000 ($261,000) if they continue to host illegal gambling […]
Business
July 15, 2025
Rivalry’s Exceptional Q1 Highlights the Success of Its Restructuring
Leading sports betting and media company Rivalry has published its belated Q1 results, highlighting significant progress. The company’s restructured model has been a success, according to the leadership, which lauded the “full emergence of Rivalry 2.0.” Rivalry Opens a New Chapter Rivalry, which underwent a significant restructuring, announced that these efforts have helped it reduce […]
