Business & M&A

DraftKings shares rose about 5% after Bank of America upgraded the sports betting company from “Neutral” to “Buy,” pointing to the growing potential of prediction markets. Analyst Julie Hoover kept a $27 price target for DraftKings, which entered the prediction market scene after buying Railbird Te…

Sportradar has agreed to sell Synergy Sports’ coaching and scouting business Atrium Sports to Teamworks Innovations for $170 million in cash. Sportradar will retain the tech assets and resources supporting its core gaming, betting and media business. These consist of various automatic videography c…

SBC Summit Europe will bring together the businesses, regulators and policymakers shaping the future of regulated gambling across the continent when it takes place at RAI Amsterdam from 19–21 April 2027. Originally announced in February this year, the heart of the new event will be more than 3,000…

Informa has agreed to acquire Clarion Events for €2.64 billion ($3 billion) from Blackstone firm. The deal aimed to expand Informa’s B2B events portfolio. Informa’s plans include raising around €1.1 billion through new share issue to help finance the transaction. The shares of the firm rose 4% afte…

A US appeals court has sided with Tennessee and Ohio against Kalshi, arguing that the latter states may continue subjecting the prediction market platform to local gambling laws. This is an important turn of events, with a decision rendered on September 25 by the 6th US Circuit Court of Appeals in…

The AGEM Index fell 6.1 percent month-on-month in September, marking its first monthly decline since March, with Aristocrat Leisure and Light & Wonder the largest negative contributors. The index dropped […] The post AGEM Index falls 6.1% MoM in September as supplier stocks weaken first appeared on…

Bloomberry expands its online gaming portfolio with OnlyFun.PH, combining gaming, livestreaming, and creator interaction. The post Bloomberry expands online gaming portfolio with OnlyFun.PH launch first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Brazil’s decision to ban licensed online gambling could result in approximately 21.6 million bettors shifting to offshore platforms, according to a report by gaming market intelligence firm Blask. The report, published on Tuesday, draws on the consumer behaviour patterns that were seen after India’…

Iris opens a $23.1 million offer for the remaining Reef Casino Trust units, seeking full ownership and a potential ASX delisting. The post Iris opens Reef Casino Trust buyout offer, seeks delisting first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Crane NXT Co, a provider of payment technology and security solutions to the casino industry, has announced the appointment of Jeong Kim (pictured) to its board of directors, with effect from October 29. The United States-based company said in a Wednesday announcement that Mr Kim brings decades of…

CLSA links Francis Lui’s Galaxy Entertainment share purchase to improving governance and highlights stronger cash flow prospects after 2027. The post CLSA views Galaxy Entertainment chairman’s purchase as positive governance signal first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

The government of Japan’s Aichi prefecture says it has received expressions of interest from private-sector operators for a possible integrated resort (IR) with a casino on Chubu Centrair International Airport Island (pictured), in central Japan. In a Wednesday announcement, the prefectural authori…

Cambodian authorities are to expand inspections of casinos nationwide this month, as part of efforts to eliminate unauthorised online gambling operations within licensed gaming venues. The inspections will focus on identifying online gambling activities conducted covertly within casino buildings an…

Singapore casino resort Marina Bay Sands hosted professional golfer Lily Muni He for what the property termed a youth engagement session, focused on “resilience, self-belief” and personal development. The event brought together aspiring golfers from the Singapore Golf Association and LLD Sports, as…

Macau’s visitor tally for this year’s October Golden Week stood at just above 1.14 million, showed data published by Macau’s Public Security Police. The daily average for the reporting period was above 163,320 arrivals, higher than last year’s average of 143,090, which itself had been an October Go…

A Mohegan Sun table games dealer has triumphed at the G2E Dealer Championship in Las Vegas. The winner said that the competition was incredible and that the win made it even more memorable. The Winner Faced Off Against the Best Dealers on the Continent The second annual G2E Dealer Championship just…

Macau recorded 1.14 million visitor arrivals during October Golden Week, averaging 163,000 a day despite a late-holiday slowdown. The post Macau records 1.14M visitors over seven-day October Golden Week first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

US financial services company EDGE Markets is deploying AI agents on its EDGE Pro platform and partners to serve as automated margin guardrails for institutions participating in 24/7 prediction market trading. EDGE Markets Announces Integration of AI Agents According to the company, the new capabil…