Business & M&A

Swedish gaming giant Evolution AB has received a $13.8 billion takeover offer from Kenneth Dart’s Candle Lake Ltd., though the reclusive billionaire is unlikely to actually acquire the company. Under Swedish law, crossing a 30% threshold in a publicly traded company triggers a mandatory buyout offe…

Las Vegas is losing two of its most enduring headliners — one temporarily, one permanently. This week, Rod Stewart canceled his August run at the Colosseum at Caesars Palace after undergoing what his representatives described as a routine coronary stent procedure. The cancellations cover six dates…

JPMorgan Chase (NYSE: JPM) reportedly ended its banking relationship with Polymarket last October as regulatory scrutiny intensified around the prediction market operator. Citing unidentified sources with knowledge of the matter, The Financial Times reports that the largest U.S. bank debanked Polym…

Macau continues to seek ways to lessen its economic dependence on casino gambling. The local government announced this week a plan to raise non-gaming sectors’ gross domestic product (GDP) contribution to 60% by 2030. Macau Chief Executive Sam Hou Fai unveiled the “New Blueprint, New Journey, New O…

Repealing the UK’s ‘aim to permit’ licensing principle risks messy and potentially major legislative changes for the UK’s already beleaguered retail gambling sector.

A New Jersey man has pleaded guilty to defrauding nearly 100 victims of more than $47 million through a Ponzi-like investment scheme, with much of the stolen money used to cover his “gambling habit.” The United States Attorney’s Office for the District of New Jersey said Thursday (Aug. 13) that Leo…

Ontario’s vision for a “Las Vegas North” moved significantly closer to reality after casino operator MGE (MGE Niagara Entertainment Inc) agreed to end its exclusive gaming rights in the Niagara region. The Ontario government announced an agreement with MGE, a milestone in the province’s Destination…

The igaming affiliate and media company has published its Q2 report.

The Cayman Islands-based investment entity now holds nearly 32% of Evolution shares which trigged a mandatory offer obligation.

Travellers International Hotel Group Inc, which runs the Newport World Resorts casino and leisure complex in the Philippine capital Manila, saw attributable net income that “nearly doubled year-on-year” in the first half of 2026, to PHP568 million (US$9.2 million). That is according to a Friday pre…

Rokker's white paper also outlined the regulatory uncertainty following HMRC's confirmation that prize draws will not be exempt from VAT.

How does an AI video generator work? An AI video generator is software that turns text, images, or audio into a finished video using artificial intelligence. The AI handles all steps: picking visuals, writing or reading a script, syncing captions, adding music, and sometimes generating fully origin…

Q2 earnings revealed mixed performances across the LatAm region. RSI posted strong growth among monthly actives, while Entain said it would not overspend in a challenging Brazil.

Gambling harm support charity to also provide free treatment in Northern Isles.

CEO Stella David and Michael Snape highlighted the CEE exit as an opportunity to de-lever, unlock and return capital to shareholders.

The update on the pilot scheme comes after the Commission confirmed its data would not be published until September.

Strong digital growth helped Rank Group deliver higher underlying profits during its FY'26 period, despite mounting tax and regulatory pressures in the UK.

Elite Competitions forecasts 60% growth over the next three years, alongside £100 million in revenue for 2026.