Business
March 20, 2026
Evolution Halts 2025 Dividend, Sparks Market Speculation
Evolution has drastically shifted its financial approach by proposing to suspend its dividend for 2025. This development is a notable shift from the company’s previous commitment to distribute half of its yearly profits to investors. The decision, announced by the company’s board, may signal a shift in priorities as the live casino giant tackles rising […]
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
February 24, 2026
PENN Entertainment Reaches Milestone Agreement with Minority Shareholders
PENN Entertainment has reached a truce with activist investor HG Vora Capital Management, ending the mounting internal frictions that have been plaguing the company for the past year. PENN announced a new cooperation agreement with the hedge fund and will appoint three new independent directors to its board: Heather Ace, Jeffrey Fox, and Fabio Schiavolin. […]
Business
February 10, 2026
Shareholders Show Strong Confidence in the Allwyn–OPAP Merger
Shareholders signal significant support for the proposed merger between Allwyn and OPAP as the deal promises to redefine Europe’s lottery and gaming landscape. OPAP held an extraordinary general meeting at the beginning of January, allowing investors to exit the company. Only 6.7% of OPAP’s outstanding shares were compensated in this manner, signaling that most shareholders […]
Business
September 15, 2025
Star Entertainment Says JPMorgan Chase Is No Longer Substantial Shareholder
Australian casino company The Star Entertainment Group Limited has published a new shareholder update, revealing that American multinational finance corporation JPMorgan Chase & Co. and its affiliates have ceased to be substantial shareholders of the company. JPMorgan Chase & Co. Ceases to Be a Substantial Shareholder In an Australian Securities Exchange (ASX) filing, The Star […]
Business
August 20, 2025
SkyCity Requests Trading Halt Ahead of FY 2025 Report & Capital Raise
SkyCity Entertainment Group Limited, a major tourism, leisure and entertainment company in New Zealand and Australia, has requested a trading halt ahead of its next financial report. The company noted that the halt will allow it to wrap up the details of a potential capital raise. SkyCity Wants to Maintain an Orderly Market In its […]
Business
August 11, 2025
Ainsworth Shareholders Say Novomatic’s Takeover Undervalues the Company
Novomatic’s plan to acquire the remainder of gaming machine manufacturer Ainsworth Game Technology and take the company private might fall through amid shareholder dissent. Major stakeholders criticized Novomatic’s deal, saying that it has put them in a difficult position. Novomatic Seeks to Acquire Ainsworth Novomatic, which is among Europe’s largest gaming tech giants, set out […]
Industry
June 27, 2025
Macquarie: Online Gaming and Betting Stocks to Flourish Despite the Headwinds
iGaming stocks are rising incredibly fast, with many experiencing much faster growth than some of America’s top stocks. According to analysts, this rise is poised to continue despite certain regulatory headwinds in the US. Online Gaming Stocks on the Rise According to Chad Benyon, an analyst for Macquarie Equity Research, iGaming stocks are rising roughly […]
Business
June 26, 2025
MIXI Proposal Fails as PointsBet Admits Technical Mistake Distorted Vote
PointsBet has come forward to confirm that a technical mistake had skewed the results of its recent shareholder vote for the company’s acquisition by Japanese tech firm MIXI. After re-evaluating the results, it turns out that the deal will not pass after all, to the relief of Betr Entertainment. System Error Excluded Betr’s Vote Betr […]
Business
May 21, 2025
Playtech Shares Decline Amid Strong US Growth and LATAM Challenges
Playtech shares were trading down 2.55% at 343.50 pence (about $4.59) per share in London as of May 21, following a trend in the decline of the company’s shares that has been observed over the past months. Playtech Shares See Prominent Shifts Despite this, in a report earlier today, the gambling software developer said it […]
