Industry
November 20, 2025
Macau to Review Casino Operators’ Investment Commitments
Macau chief executive Sam Hou Fai stated that the government intends to assess the progress made by the city’s six casino operators on the gaming and non-gaming investments they committed to in their concession contracts, with the review covering the period from 2023 to 2025. Macau Wants Updates on Investments Back in December 2022, the […]
Business
October 20, 2025
GiG Software Announces Launch on OTCQX Market
GiG Software, a leading provider of online gaming technology, has announced that it has started trading on the OTCQX Best Market. According to the company’s leadership, this move will increase the company’s already significant market presence. GiG Goes Live on the OTCQX Under the GIGXF Symbol In its official announcement, GiG Software said that its […]
Legal
October 16, 2025
UK Arrests Man Believed to Be Tied to Rory Campbell’s Betting Scheme
The United Kingdom has arrested an individual believed to have ties to a GBP 8 million sports betting scheme. While the man remained unnamed, officials noted that he might have participated in fraud related to the matter. The Man Was Released on Bail The man in question was described as a 37-year-old man, whose name […]
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 10, 2025
Evolution Prevails in US Securities Case After Court Dismisses Investor Lawsuit
Evolution AB has won a significant legal battle in the US after a federal judge dismissed a long-running securities fraud lawsuit against the Swedish gaming giant. The ruling, issued on September 5, 2023, by the US District Court for the Eastern District of Pennsylvania, marks the definitive end of months of legal battles. Evolution Proved […]
Industry
October 7, 2025
Sharp Alpha to Invest $150M to Boost Customer Acquisition in Gaming
Gaming-oriented venture capital firm Sharp Alpha has closed a $150 million fund that, according to the company, will empower gaming businesses. Sharp Alpha to Empower Gaming Businesses According to the announcement, the Sharp Alpha UA Fund I will target a variety of businesses in sectors such as sports betting, online casino, and prediction markets. The […]
Industry
October 1, 2025
Midnite to Triple Down on Growth Thanks to $100M Credit Facility
UK-facing sports betting operator Midnite has secured a revolving credit facility that will power its local expansion. This comes several months after the sportsbook closed a multi-million dollar funding round. The Funds Will Provide the Company with Financial Flexibility According to the latest announcement, Midnite has secured a revolving credit facility of up to $100 […]
Industry
September 11, 2025
ASIC Probes Private Equity Firm for Allegedly Gambling with Investor Funds
Australia’s top financial authority is stepping up its investigation into a private equity group accused of siphoning tens of millions of dollars in investor funds into gambling. The Australian Securities & Investments Commission (ASIC) claims that First Mutual Private Equity raised approximately $53 million from investors between March 2024 and July 2025, presenting their operations […]
Business
September 2, 2025
Glitnor Group Secures EUR 55M Facility from HG Vora Capital
Glitnor Group has secured a significant financial investment following a contribution of EUR 55 million ($64.2 million) from the US-based HG Vora Capital Management. This capital injection will support the operator’s expansion via mergers and acquisitions while bolstering strategic growth initiatives in regulated markets across Europe and North America. The deal should also help Glitnor […]
Business
August 28, 2025
KKCG Offloads 4.27% Allwyn Stake
Czech investment company KKCG announced that it has sold a 4.27% stake in its subsidiary, the leading lottery operator Allwyn International. The buyer of the stake was J&T ARCH Investments, a Prague Stock Exchange-listed investor fund. J&T ARCH Joins Allwyn’s Investor Lineup According to the announcement, the Czech investment firm KKCG has sold the 4.27% […]
