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Business
April 8, 2025
The Star Enters Binding Term Sheet with Bally’s, Completes Sydney Asset Sale
The Star Entertainment Group, Australia’s embattled casino operator, announced that it has struck a definitive debt financing deal with Bally’s Corporation. In addition to that, the former company confirmed the completion of its sale of The Star Sydney Event Centre. The Deal with Bally’s Progresses In line with its recent announcement, The Star entered into […]
Business
April 8, 2025
EveryMatrix Onboards Marc Burroughes as CasinoEngine CCO
EveryMatrix has announced yet another C-suite appointment, this time naming the experienced Marc Burroughes as the chief commercial officer (CCO) of its Casino division. The group’s CEO welcomed the appointee and highlighted his impressive track record across the B2B sector. The Appointee Will Lead the CasinoEngine Division As CEO of the casino division, driven by […]
Business
April 8, 2025
Gambling.com: EverQuote CEO Mendal to Replace Michaelson
Multi-award-winning supplier of digital marketing services for the global online gambling industry, Gambling.com Group Ltd, has announced an important change at the top, with Gregg Michaelson set to step down this spring. Smooth Leadership Transition The NASDAQ-listed company announced that the longtime board member will officially resign from the board of directors on May 14, […]
Business
April 8, 2025
AC Casino Operators Report Dip In Revenue but Post Profits
The New Jersey Division of Gambling Enforcement (DGE), the state’s gambling regulator, released its latest financial data, highlighting the performance of casino operators for the fourth quarter and full year 2024. While licensees reported a dip in their net revenue for the year and a decrease in hotel occupancy, all operators were profitable. Net Revenue […]
Business
April 7, 2025
Star Entertainment Accepts Bally’s AU$300M Rescue Deal
Australia’s embattled casino operator, Star Entertainment Group, received a lifeline from Bally’s Corporation early last month. At the time, the latter company proposed AU$250 million ($158 million) to help the former and become a major shareholder. The announcement came after Star failed to disclose its six months results for the period ended December 31, 2024, […]
Business
April 7, 2025
Rivalry Seeks Strategic Opportunities, Initiates Review
Rivalry, a gaming company describing itself as “the leading sportsbook and iGaming operator for digital-first players,” has unveiled a new strategic initiative. According to the company, it has onboarded the services of a third-party advisory firm to explore strategic opportunities. In addition to that, Rivalry announced that it has secured a new loan. Rivalry Considers […]
Business
April 7, 2025
Gambling Stocks Slide as Trump Tariffs Rattle Global Markets
International gambling stocks took a tumble on Monday morning as escalating anxiety over the Trump administration’s aggressive tariff policy sent the markets into a tailspin. The economic uncertainty triggered by a new wave of trade measures ripped into multiple industries, with the gaming sector emerging as one of the unintended casualties. Tariffs Exacerbated Existing Issues […]
Business
April 7, 2025
Mark Giannantonio Envisions Bright Future for Atlantic City
The global market took a hit last week after President Donald Trump’s sweeping tariffs shook investor confidence, triggering a major sell-off and erasing trillions in wealth across U.S. markets. These tariffs, which will likely drive up the cost of nearly everything from consumer goods to raw materials, are also expected to impact operating costs for […]
Business
April 4, 2025
WyoLotto COO Medina to Join NCPG Gambling Committee
Established in 2013 and launched one year later to generate revenue for cities, towns, and counties in Wyoming using “responsible management and sale of readily available, low-cost, fun, and entertaining lottery products,” WyoLotto has become a part of the unique culture of the state that carries the untamed spirit of the West. Over the years, the […]
Business
April 4, 2025
Playtech Live Veteran Edo Haitin Leaves After 9 Years on the Job
Edo Haitin, one of the longest-serving Playtech senior executives, has announced in a LinkedIn post that he will be withdrawing from the company to pursue other opportunities. Haitin joined Playtech, as part of a portfolio company he headed at the time, in 2016 and spent nine years with the gambling major in various positions. Edo […]
