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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 The latter company had expressed interest in financing the Australian operator’s debt but has seemingly withdrawn the deal.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 […]
Business
March 31, 2025
Group Partouche to Sell Former Cannes Casino Site
French gaming powerhouse Groupe Partouche announced that it is divesting one of its properties in France. While the company didn’t go into details about the sale, it confirmed that it expects to close the agreement very soon. The Casino Was Relocated Last Year Groupe Partouche confirmed that it has decided to sell the building where […]
Business
March 31, 2025
The Jockey Club Names Jim Mullen as Its New Group CEO
The Jockey Club, the largest group in British horseracing, announced the appointment of industry heavyweight Jim Mullen as its new group chief executive officer. The current interim CEO will remain on board to ensure a smooth transition of responsibilities. According to the announcement, Mullen joins The Jockey Club from Reach, the largest commercial news publisher […]
Business
March 27, 2025
Playtech Sees Revenue Uptick from Continuing Operations in 2024
The fast-growing platform, content and services provider, catering to the global gambling industry, Playtech, released its latest financial update, highlighting strong growth for the year ended December 31, 2024. The company’s latest report highlighted a number of accomplishments, while uncovering details regarding its plans for 2025. Playtech Highlights a Number of Important Achievements Notably, Playtech’s […]
