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Business
March 21, 2025
Fitch Affirms BB- Rating and Stable Outlook for MGM Resorts
Fitch Ratings affirmed a BB- rating for MGM Resorts International and its subsidiaries. The rating reflects MGM’s EBITDA leverage and places MGM’s stock into non-investment grade. In addition to an Issuer Default Rating (IDR) of BB-, Fitch affirmed MGM’s senior secured debt at BB+ with a Recovery Rating of RR1. The unsecured debt, on the […]
Business
March 20, 2025
Ulrik Bengtsson to Resign from Chairman Role at Raketech
The leading online affiliate and content marketing company, Raketech, announced that its chairman will soon step down from his senior-level role after agreeing to transition to a full-time CEO position at another company. That’s the case for Ulrik Bengtsson, who joined the company several years ago and has played an important role in its growth […]
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 […]
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 […]
Industry
March 13, 2025
Gambling Industry Leaders Address Rising Challenges and Emerging Opportunities
At the NEXT Summit New York 2025, gambling industry executives, legal experts, and visionaries gathered to discuss the new challenges and opportunities shaping the future of gaming and wagering. Regulatory scrutiny, responsible gambling initiatives, and economic volatility were among the most popular topics as panelists emphasized the importance of strategic flexibility in an evolving industry. […]
Industry
March 12, 2025
Dragon Gaming Teases Lone Star Longhorn, a Wild West Slot
Dragon Gaming, a leading casino game developer, has teased a new game that will send gamblers on a journey across the Wild West. The new slot is called Lone Star Longhorn and, as the title suggests, will see players embark on a thrilling trek across the Texas of old. Embrace the Spirit of the Wild […]
Business
March 7, 2025
Lottery.com Acquires PlusEVO’s Spektrum Tech Platform for $1.5M
Lottery.com, a provider of technology to the digital lottery and sports betting industries, has unveiled a major acquisition agreement that will support its launch and global expansion. According to the announcement, Lottery.com will acquire the Spektrum Ltd division of PlusEVO in an all-stock deal. Lottery.com Acquires Spektrum in an All-Stock Deal In its official release, […]
Business
March 7, 2025
LV Sands CEO Goldstein to Step Down, Dumont Expected to Succeed
NYSE-listed Las Vegas Sands has announced that chairman and chief executive officer Robert Goldstein will transition to the role of senior advisor beginning March 1, 2026. The leader in developing and operating integrated resorts with pioneering properties also revealed that its board of directors plans on nominating current president and chief operating officer Patrick Dumont […]
Business
March 6, 2025
Entain Posts Robust 2024 Financials, Expects Continued Growth
Global gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billion), supported by an 8% increase in EBITDA to £1.09 billion ($1.41 billion). Entain remains optimistic regarding its prospects […]
Business
March 6, 2025
Flutter Leaders Discuss the Company’s Q4 Results and 2025 Prospects
Flutter Entertainment’s recent earnings call highlighted the company’s optimism about its business and long-term potential. CEO Peter Jackson and CFO Rob Coldrake were happy with the performance and looking forward to continued success in 2025. CFO Coldrake Says Flutter Is “Quite Sanguine” about Its Margins The call, which took place on March 4, saw the […]
