Casino Mogul Steve Wynn Among Reported Indirect Bidders for TikTokWall 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
Kalshi Lawyer to Join DOGE, Report SaysEliezer 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 SayAccording to recen
Catena Media Releases Annual 2024 Report, Highlights TransformationThe leading affiliation marketing services provider, powering online betting and casino operators across the globe, Catena Media, published its 2024 annual report. Released on Wednesday this week, the report highlighted a number of c
The Netherlands Records €1BN Record-Smashing Gambling TaxAs per information from Statistics Netherlands (Centraal Bureau voor de Statistiek, CBS), the body in charge of publishing “reliable and consistent statistical information” that responds to the demands of society, collected revenue from gambli
Halal Sportsbook Founder Wants to Add MMA & Esports MarketsZaid Abu Soud, former MMA organizer and founder of a Halal sportsbook is looking to expand his app to include many new sports. The innovative app currently allows fans to predict the outcomes of soccer games without violating Shariah but
Playtech Sees Revenue Uptick from Continuing Operations in 2024The 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 rep
Gambling.com Confirms Strong Q4, Expects Continued MomentumGaming industry affiliate services provider Gambling.com has published its official Q4 and 2024 report, showing results that were mostly consistent with the figures outlined in its earlier preliminary report. The company reiterated its optim
Robinhood Unveils Prediction Markets Hub in Time for March MadnessTrading platform Robinhood is seeking to capitalize on the March Madness hype with markets for this year’s edition of the tournament. Customers can expect to find offerings involving their favorite basketball teams and players.The off
Bet365 Forays into Tennessee and IllinoisBet365, a leader in sports betting, has expanded its US presence by launching in two new markets. The company’s products are now available to players in the states of Illinois and Tennessee, providing locals with exciting wagering opportunities.Bet365 Enters
LNW Gaming to Shut Down Michigan Facility, Lay Off WorkersLight & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company.Layoffs Are Upcoming A
Cirsa IPO on Hold as Blackstone Reacts to Market UncertaintiesLate last month, we reported that the private equity firm, Blackstone, may consider introducing initial public offering (IPO) for Cirsa, the leading Spanish gambling company. Going public on Madrid’s stock exchange may raise between $746
Sparket’s Contests Are Available in 43 StatesSparket, a champion of innovation in social gaming tech, has launched real money skill gaming contests in multiple US jurisdictions. In addition to that, the company was decorated as one of the most promising gaming technology startups.Sparket Expands Its
Andy Hendrickson Resigns from CTO Role at AristocratThe global entertainment and gaming content company, Aristocrat Leisure Limited, announced changes to its senior-level management team. On Wednesday this week, the company confirmed that its chief technology officer, Andy Hendrickson, has taken the
Entain Posts Robust 2024 Financials, Expects Continued GrowthGlobal gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billi
Alberta Bans US Slot and VLT Purchases Amid Trade TensionsLast week, the government of Alberta, Canada, took a major step in response to the escalating trade tensions with the U.S. by banning the purchase of slot machines and video lottery terminals (VLTs) from American suppliers. This move, wh
Nevada Gambling Watchdog’s Analyst Retires After Decades of ServiceA recognizable gaming research analyst and expert with decades of experience in Nevada would be stepping down from his role. That’s the case for Michael Lawton, the Nevada Gaming Control Board’s (NGCB) senior economic analyst, a newl
