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    M&A / Business

    M&A / Business

    Analysts cautious on Genius Sports but Macquarie views firm as “fishing well”

    Market analysts remain largely supportive of Genius Sports following its Q3 results, even as several investment firms trimmed price targets amid recent stock declines. The sportstech supplier reported strong quarterly performance, raising its full-year revenue guidance to $1bn alongside projected adjusted EBITDA of $287m to $297m. While broader analyst sentiment leans cautious, Macquarie maintained a positive outlook, viewing the company as well positioned in the market.

    SBC News
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    M&A / Business

    Bally’s up 21 per cent as landside moves pay off in Baton Rouge and Marquette

    Bally's has reported preliminary third-quarter revenue of $807.6m, reflecting a 21.7% increase year-over-year. The performance was supported by a 22.8% rise in B2C revenue to $257.5m and a 3.2% increase in Casinos & Resorts revenue to $408.6m. Gains in the land-based division were largely driven by recent landside moves at Bally’s Baton Rouge and Bally’s Marquette.

    G3 Newswire
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    M&A / Business

    Encore Boston Harbor strike comes to an end with new labour agreement signed

    An eight-and-a-half-week strike at Encore Boston Harbor has concluded following the ratification of a new five-and-a-half-year collective bargaining agreement. More than 1,300 workers represented by Teamsters Local 25 and UNITE HERE Local 26 voted overwhelmingly in favor of the deal. The agreement ends prolonged industrial action prompted by contract negotiation disputes.

    G3 Newswire
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    M&A / Business

    Playtech banks on Florida against UK and Brazil gut punches

    Playtech has cited market strength in the US, Colombia, and Mexico as buffers against recent Q3 trading headwinds from higher UK taxes and online gambling restrictions in Brazil. The London-listed technology supplier informed markets that it now expects to achieve adjusted EBITDA of €300m for 2026. The upgraded outlook reflects confidence in its expanding Americas footprint despite regulatory pressures in other key regions.

    SBC News
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    M&A / Business

    Taxing Times Across Europe

    Taxing Times Across Europe

    Europe's publicly traded gambling operators are reshaping their business plans and financial forecasts to manage rising fiscal pressure. In response to increasing tax rates across the continent, companies are implementing cost-cutting measures, protecting customer investment, and exploring market consolidation.

    iGaming Business
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