Business & M&A

Proprietary trading firm Raven has initiated a strategic funding round at a $90 million pre-money valuation. With backers like Coinbase Ventures and CMCC Global, Raven has secured significant investor attention. Raven operates across crypto, real-world assets, and prediction markets, and is operati…

In her first major public appearance since becoming the UK’s gambling minister, Vicky Foxcroft confirmed the government is preparing a consultation on the Gambling Act’s “aim to permit” rules. Foxcroft added that the consultation would start soon but refused to give a specific date, raising specula…

As part of a broader effort to lure more business from institutional market participants, Polymarket announced today that it hired former Goldman Sachs partner Lisa Mantil as head of institutional growth. In her new role at Polymarket, Mantil, who spent nearly three decades at the largest U.S. inve…

Boyd Gaming sold the former Eastside Cannery site in the eastern Las Vegas Valley for $28.8 million following official approval for a housing project. The gaming operator finalized the transfer of the 29.5 acre parcel located along Boulder Highway at Harmon Avenue on September 10, according to publ…

GamblingNews recently reported that Saracen Casino Resort, а Quapaw Nation-operated property, made the sudden decision to terminate two executive-level employees due to alleged misconduct. The casino has now come forward to announce the appointment of a new chief executive officer. Rod Centers to S…

Pennsylvania businesses housing slot machines disguised as skill games face law enforcement action if the gambling devices are not removed from their premises by Oct. 14, 2026. That’s the date the Pennsylvania Supreme Court’s 120-day stay on its June ruling that skill games are slot machines expire…

Raven, a liquidity provider to prediction markets, recently closed a financing round led by Coinbase Ventures and CMCC Global that values the firm at $90 million. Coinbase Ventures is the venture investing arm of Coinbase Global (NASDAQ: COIN), the cryptocurrency exchange giant with an increasingly…

LISA, the first K-pop artist with a Las Vegas residency, has expanded hers with two newly added shows at The Colosseum at Caesars Palace: Nov. 12 and 19. The additions bring “VIVA LA LISA” to six total dates, after the initial four (Nov. 13-14 and 27-28) reportedly sold out in under 10 minutes when…

Government and Lisbon city dignitaries join ribbon-cutting ceremony as SBC Summit returns to the Portuguese capital Multiple Portuguese government and Lisbon city dignitaries turned out to welcome SBC and its 40,000 attendees to the city for the third year running, taking part in an official ribbon…

The rise of illegal online gambling platforms in Brazil post-outright online betting ban has now ensued, with an eye-watering amount of unlicensed operators beginning to infiltrate the South American country. President Lula’s decision to prohibit regulated online gaming and betting operators came a…

White Hat Gaming has appointed Leon Thomas, a former Hard Rock Digital and Entain executive, as Chief Commercial Officer to drive commercial growth as operators worldwide look to re-platform in regulated markets. The post White Hat Gaming appoints Leon Thomas as CCO to lead growth across regulated…

IGT will unveil its new brand identity at the 2026 Global Gaming Expo (G2E), held from September 28 to October 1 at The Venetian Las Vegas. The post IGT signals next chapter with a bold brand refresh at G2E Las Vegas 2026 first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

SOFTSWISS has unveiled the 2027 edition of its iGaming Trends report, a research-backed guide designed to support decision-making across the industry. The post SOFTSWISS rolls out 2027 iGaming Trends report, backed by industry research first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Flutter and Entain have warned that Brazil’s decision to prohibit online gambling could affect their full-year results, with both operators revising expectations following the measure introduced by President Luiz Inacio Lula da Silva. The provisional ban must receive congressional approval within 1…

Buzz words are nice, but the stakes are stacking up for sports, wagering and technology leaders as to who will dominate and commercialise future audiences. “Nothing is linear anymore. We must expect that sports live in a mixed environment. But there is now an opportunity to commercialise every elem…

Ainsworth Game Technology will feature PLAYBOY ELITE™ as the centrepiece of its Global Gaming Expo (G2E) 2026 lineup, alongside new game content and cabinet technology for Latin American and European markets. The collaboration with Playboy will be showcased on the Raptor 65" cabinet at Booth 2659 a…

DR Gaming Technology (DRGT) has appointed former Group Chief Financial Officer and Executive Board Member Koen De Wispelaere as its new Chief Executive Officer (CEO). De Wispelaere joined DRGT in 2015 and has worked closely with Jurgen De Munck, the company's former CEO and co-founder who now serve…

RedCore shared what determines the outcome of the entire pitch in the first seconds, why numbers are more convincing than loud statements, and why the final part of a pitch should prove the hypothesis rather than simply ask for funding. A pitch almost always starts the same way: the founder sits do…