Grupo Codere is reportedly exploring the separate divestment of its three core business units to improve the prospects of a company sale. Investors are considering individual transactions for its European retail, Latin American retail, and US-listed online gaming divisions following limited interest in an outright group purchase. The split approach aims to unlock market value by catering to specialized regional and digital buyers.
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Sportradar reported a 24% increase in revenue to €363 million for the third quarter of 2026. Profit for the period rose 20% to €27 million, while Adjusted EBITDA grew 21% to €102 million, delivering a 28.2% margin. The sports technology company also recorded an increase in net cash from operating activities.
Cashpoint Denmark has officially rebranded as Merkur Bets, aligning with Merkur Group's broader international rebranding strategy across Europe. The transition encompasses approximately 200 retail betting locations across the country, where the brand maintains over 50 percent of the land-based sports betting market. Alongside the visual refresh, the business is also integrating the EveryMatrix platform.
Caesars Entertainment has launched Caesars Rewards Empire Builder, a progression-based loyalty feature available in eligible US jurisdictions. Integrated into Caesars Palace Online Casino and Caesars Sportsbook & Casino, the feature enables players to accumulate Tier Credits across both casino and sports betting verticals. Users can advance through a monthly progression system to unlock personalized rewards, bonuses, and incentives.
Lottomatica has reaffirmed its position as Italy's gambling market leader as it moves to complete its all-share merger with Spanish operator CIRSA this November. The Milan-listed company reported continued domestic dominance, securing a 31.7% share of the Italian online betting sector as of the third quarter.
MGM Resorts International plans to invest approximately $2 billion in its MGM Osaka integrated resort development, allocating around $1 billion annually across 2027 and 2028. According to Chief Financial Officer Jonathan Halkyard, the Japan project and potential share repurchases represent the operator's primary capital allocation priorities over the coming years.