Deals & M&A
Kenneth Dart acquires 5.8% DraftKings stake through Candle Lake
Dart’s DraftKings investment adds to his gambling holdings alongside an almost 30% stake in FanDuel owner Flutter.
Deals & M&A
Acquisitions, mergers, partnerships and commercial agreements.
Deals & M&A
Bally’s discusses selling rights to $1.1bn Las Vegas development
A potential project rights sale supports Bally’s search for capital while it carries approximately $4.5bn in debt.
Deals & M&A
Hard Rock starts residence sales at US$850m San Juan casino development
Investors can purchase residences from US$900,000 ahead of the casino development’s scheduled 2029 opening.
Deals & M&A
Morningstar assesses limited AI threat to Aristocrat and Light & Wonder machine businesses
Morningstar's assessment identifies licensing and established operator relationships as protections for the suppliers' machine earnings.
Deals & M&A
Novig reports first-week prediction market trading volume above USD125m
Novig’s first-week trading volume exceeded USD125m while its sports prediction exchange faces regulatory disputes in five states.
Deals & M&A
ParlayX develops prediction market platform focused on combination bets
ParlayX’s planned prediction market platform centres on combination bets, following its original intention to concentrate on parlays.
Deals & M&A
TaDa Gaming releases 3 Tomb Keepers in Brazil
The release adds a TriLuck-featured game to TaDa Gaming's Brazil offering.
Deals & M&A
Exalogic expands Fast Track collaboration on CRM for licensed Italian brands
Exalogic’s licensed brands in Italy are covered by its expanded collaboration introducing Fast Track’s agentic CRM workflows.
Deals & M&A
US legal sports betting handle reaches $167bn in FY 2025
Investors can assess US sports betting growth through $167bn in handle and a 23% increase in gross revenue.
Deals & M&A
DraftKings reports 650% increase in World Cup wagers compared with Qatar tournament
DraftKings’ 650% wager increase gives investors a measure of World Cup betting growth compared with the previous tournament.
Deals & M&A
Researchers record 10.39% win rate across Nigerian betting influencers’ tips
Operators’ affiliate arrangements pay tipsters based on followers’ stakes regardless of outcomes, alongside a documented 10.39% combined win rate.
Deals & M&A
Casino Magic advances US$15m hotel project in Neuquén
Casino Magic’s US$15m hotel project forms part of investment commitments tied to renewed provincial casino concessions.
Deals & M&A
Morningstar assesses AI risk as limited for major gaming technology suppliers
Morningstar identifies licensing protection, regulator relationships and leased-machine installations as limiting AI threats to suppliers, with weaker brands more exposed.
Deals & M&A
Blokotech launches BlokoPredict prediction markets engine for B2B partners
Operators can embed branded prediction markets within existing websites using automated pricing, trading, settlement and compliance controls.
Deals & M&A
Paradise Entertainment projects HK$82.6m loss for first half of 2026
Lower equipment revenue and the end of casino management income both contribute to Paradise Entertainment’s projected loss.
Deals & M&A
DigiPlus appoints Teneo as strategic adviser for global growth
DigiPlus’s appointment of Teneo gives investors a concrete step supporting the company’s global growth ambitions.
Deals & M&A
Penn Entertainment plans $195m relocation of New Orleans casino
Penn Entertainment’s planned $195m casino relocation requires Louisiana Gaming Control Board approval, making regulatory consent a condition for construction.
Deals & M&A
CreedRoomz launches Crypto Market simulator with payout up to 99%
CreedRoomz’s launch adds speculative market mechanics to its iGaming offering, with an advertised payout of up to 99%.
Deals & M&A
Macquarie reiterates DraftKings Outperform rating after second-quarter results
Beynon’s assessment gives investors a view of DraftKings’ prediction market growth alongside its core business performance.
Deals & M&A
JPMorgan reportedly ends Polymarket banking services over regulatory concerns
The reported termination suggests regulatory concerns could affect Polymarket’s access to banking services, although Polymarket says its broader JPMorgan relationship remains active.
Deals & M&A
Bally’s reports $792.2m Q2 revenue and warns of financing needs
Bally’s expects additional financing needs to meet liquidity and leverage requirements, with disposals, equity and borrowing under consideration.
Deals & M&A
Bally’s Intralot reports €34m UK tax impact on Q2 EBITDA
For investors, the UK tax increase reduced Bally’s Intralot’s Q2 EBITDA by €34m amid slower-than-expected UK market consolidation.
Deals & M&A
Fortuna Entertainment completes TOPsport acquisition to enter Lithuania
Fortuna Entertainment enters Lithuania through TOPsport’s acquisition as the gambling market records 16.8% year-on-year growth.
Deals & M&A
DigiPlus appoints Teneo as strategic adviser for overseas expansion
DigiPlus appointed Teneo as strategic adviser while considering further overseas expansion and holding South African and Brazilian licences.
Deals & M&A
Sands China doubles interim dividend to HKD0.50 per share
Sands China shareholders will receive double the prior-year interim dividend, with the distribution totalling HKD4.05bn.