Browsing Category
Gaming, Casino and Gambling Industry News
251 posts
Super Stacked Sunday lifts Americas Cardroom as Run Up Series finishes 8% above guarantee
Americas Cardroom’s Run Up Series finished above its $10 million guarantee, but a sizeable $33 Main Event overlay shows how sharply online poker liquidity can vary across buy-in tiers.
Imagine Island found one million players without paid marketing. Can Magic Potion Games monetise that trust?
Imagine Island attracted more than one million beta players without paid marketing. Magic Potion Games must now prove that organic growth can become recurring membership revenue without compromising its child-safety proposition.
Lottery Corporation (ASX: TLC) profit falls 22% after A$350m jackpot drought but dividend stays intact
Lottery Corporation profit fell 22% after weak jackpots cut about A$350m from revenue, yet ASX kept its 16.5-cent dividend despite a 107% payout.
Evoke posts flat £887.5m H1 revenue as £243m Bally’s Intralot vote nears
Evoke held H1 revenue at £887.5m and net debt at £1.9bn as UK duty rises cut EBITDA 12%, with the £243m Bally's Intralot takeover vote on 17 August.
Tabcorp bets A$267m on BetMakers as A$30m synergy target turns technology overhaul into an M&A test
Tabcorp Holdings is moving to acquire BetMakers Technology Group for an enterprise value of about A$267 million, using the wagering technology company to accelerate a broader digital overhaul. The deal looks dramatically cheaper if management delivers A$30 million of targeted annual cost synergies, making integration rather than the takeover premium the central financial test.
GearUP wants Escape from Tarkov players to try it free, but August 11 is the date that really matters
GearUP Portal Pte. Ltd. is giving Escape from Tarkov players free network optimisation through August 11, placing its routing technology directly in front of players during the game’s first Kord Breach season.
Light & Wonder, Inc. (ASX: LNW) jumps 5% as digital growth lifts Q2 margins
Light & Wonder rose 5% after Q2 margins improved. Gaming growth, digital revenue and a US$5.2bn debt load now shape the LNW outlook.
Why Stellantis is sending the Dodge Viper into gaming and LEGO instead of showrooms
Stellantis is using the discontinued Dodge Viper ACR to connect gaming, physical collectibles and automotive heritage, giving the performance nameplate fresh global exposure without announcing a return to vehicle production.
Electronic Arts (NASDAQ: EA) shares approach $210 offer as EU clearance nears for $55bn buyout
European regulators are expected to approve the Saudi PIF-led acquisition of Electronic Arts without conditions, tightening the deal spread while leaving US national-security approval as the most important remaining risk.
Xbox is cutting 20% of its workforce. Can a smaller gaming business finally work?
Microsoft is eliminating 4,800 roles, with Xbox absorbing most of the cuts as the technology giant divests studios, reduces costs and redirects capital toward artificial intelligence.