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Business
April 3, 2025
Kalshi Lawyer to Join DOGE, Report Says
Eliezer Mishory, a lawyer at event-based trading platform firm Kalshi, is supposedly taking a position at the Department of Government Efficiency (DOGE) at the US Securities and Exchange Commission. Kalshi Lawyer to Join Musk’s DOGE, Rumors Say According to recent reports, Mishory, the chief regulatory officer and general counsel at Kalshi, is set to join […]
Business
April 3, 2025
Casino Mogul Steve Wynn Among Reported Indirect Bidders for TikTok
Wall Street Journal reports that Steve Wynn, the casino mogul and billionaire, has been asked to back a play for TikTok, although he would not be doing so directly. According to the publication, another company, AppLovin, has placed a purchasing bid and has reached out to Wynn, trying to solicit additional funding. Steve Wynn Not […]
Business
April 3, 2025
Light & Wonder Withdraws Jewel of the Dragon Overshadowed by Aristocrat
Light & Wonder has been under a lot of pressure from competitor Aristocrat, which accused the former company of copying its acclaimed Dragon Link game series by developing its own Dragon Train games. Jewel of the Dragon Withdraw by Light & Wonder Preemptively Although Light & Wonder denied the accusation at first, a court ruling […]
Business
April 2, 2025
Sportradar Bullish on Annual Revenue of $1.8B for 2027
Sports data and tech firm Sportradar has disclosed its long-term financial targets, saying that it hopes to generate at least $1.84 billion in revenue for 2027. The company also targets continued EBITDA growth, hoping to retain its existing momentum. Sportradar Targets Significant Growth for the Next Three Years On April 1’s investor day, company executives […]
Business
April 2, 2025
Star Entertainment’s Search for Liquidity Continues as Salter Brothers Deal Falls Through
The Star Entertainment Group’s financial woes continue as its negotiations with Salter Brothers Capital fall through. The latter company had expressed interest in financing the Australian operator’s debt but has seemingly withdrawn the deal. The Deal Fell Through Just when things were beginning to look better for Australia’s embattled Star Entertainment Group, the company announced […]
Business
April 2, 2025
BlueBet Stays Confident About Buying PointsBet Despite Competing Offer
Australian betting company BlueBet keeps pushing to buy PointsBet even though Japanese firm MIXI wants it too. BlueBet CEO Andrew Menz feels good about their chances, saying talks with PointsBet shareholders have gone well overall. BlueBet Challenges PointsBet’s MIXI Deal, Emphasizes Strength of Its Own Offer The company still wants to make the deal happen […]
Business
April 1, 2025
Nevada Gaming Revenue Down in February
The Nevada Gaming Control Board (NGCB) has published its official financial report for February 2025, highlighting a decrease in operator revenue and an increase in contributions to the state. The decrease was due to weaker performance across multiple markets, including a drastic revenue decline across Vegas Strip casinos. Nevada Gaming Earned $1.2B The statewide gaming […]
Business
April 1, 2025
Veikkaus Adds Two New Directors, Reaffirms Olkkonen as Chair
Veikkaus Oy, Finland’s gambling monopoly, announced changes to its board of directors. In addition to reaffirming Kaisa Olkkonen as chair of the board, the company announced the addition of industry veterans Martti Ala-Härkönen and Charles Cohen to the team. The Board Will Be Comprised of Seven Directors Veikkaus, which remains Finland’s only legal gambling operator, […]
Business
April 1, 2025
EveryMatrix Adds Industry Expert Sjöberg as CCO of SlotMatrix
EveryMatrix, a leading provider of iGaming products and solutions, has announced the appointment of a new chief commercial officer for its SlotMatrix content platform. The one up to the task is industry heavyweight Björn Sjöberg who joins the team from competitor Evolution Gaming. Sjöberg Will Be Responsible for EveryMatrix’s Content Division According to EveryMatrix’s announcement, […]
Business
April 1, 2025
Bally’s Gets New Rating Blow Because of Chicago Project
Bally’s Corporation is facing yet another financial setback as a leading Wall Street ratings agency has downgraded its credit once more. Award-winning provider of “credit ratings, commentary, and research,” Fitch Ratings, announced it dropped Bally’s rating from “B” to “B-” due to “execution risk in the development of the Chicago projects,” along with a series […]
