Business
May 14, 2026
Macquarie Analyst Chad Beynon Says DraftKings Will Continue Growing Fast
In a May 8 investor note, Macquarie analyst Chad Beynon explained that DraftKings has seen one of the most compelling structural growth stories in the gambling industry in recent times. Macquarie Analyst Has Faith In DraftKings’ Business Model Beynon highlighted DraftKings’ leadership in both online sports betting and iGaming, emphasizing the company’s expanding range of offerings, […]
Industry
May 14, 2026
Analysts Stay Bullish on Playtech amid Diversification Efforts
Playtech enjoys continued analyst confidence amid improving investor attitudes. Peel Hunt has maintained its “Buy” rating and held firm on a GBP 6.90 ($9.30) price target. Analysts drew attention to the company’s shares, which have climbed sharply in recent months. Peel Hunt attributes this climb to a more focused business model and new growth avenues. […]
Business
May 13, 2026
Allwyn Doubles Down on Expansion Plans Despite Investor Apprehension
At Allwyn’s recent Ordinary and Extraordinary General Meetings, the company approved all proposed resolutions, such as board reappointments and the relocation of its registered office to Switzerland. However, some lingering concerns remain, particularly concerning the company’s share price. Following the merger with OPAP, the stock dropped from above EUR 20 ($23.42) to just over EUR […]
Business
May 12, 2026
Waterhouse VC Secures Option to Buy Stake in Spinlab Studio
Waterhouse VC, an Australian investment fund specializing in global publicly listed and private businesses operating in wagering and gaming, has secured a three-year option to acquire a stake in Spinlab Studio, a no-code iGaming platform allowing clients to build, launch, and scale their own platforms. Waterhouse Could Acquire a Non-Controlling Stake in the Company Waterhouse […]
Business
April 7, 2026
Las Vegas Sands Faces Analyst Skepticism
Shares in Las Vegas Sands came under pressure this week after a cautious note from Jefferies cast doubt on the group’s near-term growth story. Despite previously positive results, analyst David Katz downgraded the stock from “buy” to “hold” as the company focuses on attracting premium mass market customers in Macau. While this sector has become […]
Business
March 13, 2026
Hacksaw Gaming Launches New Investment Division Hacksaw Ventures
Popular casino game provider Hacksaw Gaming has introduced a new iGaming “investment and acceleration” division called Hacksaw Ventures, aimed at supporting early-stage companies that are helping reshape the gaming ecosystem. Hacksaw Gaming Reveals New Hacksaw Ventures Investment Division According to the company, the initiative reflects its ongoing mission to push the boundaries of gaming by […]
Business
March 13, 2026
Kjerulf Ainsworth Sets Out to Acquire 5.5% Stake in Ainsworth
Kjerulf Ainsworth has submitted a bid to acquire 5.5% of Ainsworth’s ordinary shares for AUD 1.30 ($0.92) apiece. The offer comes shortly after Novomatic’s attempt to acquire the rest of the company fell through. The Offer Represents a 23.8% Premium Kjerulf Ainsworth is an existing shareholder who has long sought to expand his stake in […]
Industry
March 2, 2026
BettingStartups Launches Investment Arm to Expand Into Real-Money Gambling
BettingStartups has broadened its scope beyond media with the creation of a new investment arm focused on early-stage real-money gaming ventures. Initially, the fund expects to deploy cheques ranging from $100,000 to $250,000. BettingStartups Capital Will Lead the Way BettingStartups Capital, а newly formed entity made for the occasion, will target pre-seed and seed companies […]
Prediction Markets
February 18, 2026
Novig Secures $75M in Series B Funding Round
Novig, a fast-growing sports trading platform designed with the sports fan in mind, announced the closure of a Pantera Capital-led Series B funding round. The extra money will allow Novig to grow its platform and introduce improvements that set it apart from the competition. The Company Secured $75M to Grow Its Predictions Platform In its […]
Business
February 6, 2026
Genius Sports Stock Plummets, Shareholders Unimpressed with Legend Deal
Genius Sports just set out to acquire Legend, a global, digital sports and gaming media network built to monetize attention, in a groundbreaking $1.2 billion deal. While the company was thrilled about this move, investors did not reflect the same enthusiasm. Investors Don’t Believe the Acquisition Was a Genius Move Genius Sports just announced that […]
