Atlantic City casino workers' union Unite Here Local 54 has finalized new, shorter-term labor agreements with all nine properties, indicating potential future negotiations. These deals come as new economic research suggests Atlantic City's casino industry faces significant pressures, particularly from impending competition from New York City casinos.
DraftKings has expanded its prediction market platform by introducing new 5-minute crypto markets, allowing users to wager on Bitcoin and Ethereum price movements. This initiative targets short-term contracts and is being advertised in states without legal sports betting. It signifies a major operator diversifying its offerings and exploring new market segments.
Sportradar has significantly expanded its partnership with Polymarket, integrating exclusive streaming rights for major leagues like the Bundesliga and Euroleague Basketball, alongside official data for Tennis Grand Slams. This collaboration deepens Sportradar's role as a technology partner in the prediction market category, covering over 20 global sports leagues and competitions. This move enhances data and streaming offerings for Polymarket's users.
Thomas Arasi, President and COO of Bloomberry Resorts, is spearheading efforts to revitalize the Philippine casino market leader, Solaire, focusing on both its land-based operations and growing online presence. His leadership aims to improve performance and market position in the competitive Filipino gaming landscape.
Allwyn reported a 27% increase in net revenue for the quarter, largely attributed to strong performance across its global operations and growth spurred by the PrizePicks acquisition. This financial success highlights the company's expanding market presence and strategic M&A activities.
Australian betting giant Tabcorp reported a significant 43.6% increase in net profit after tax for FY2026, reaching $2,636.3m, despite only a 0.8% rise in revenue. This strong profit growth was attributed to effective cost control and a new retail commercial model. Both Wagering and Media and Integrity Services divisions contributed to the revenue growth.
Entain, a leading iGaming operator, is expected to be demoted from the FTSE100 to the FTSE250 index during the upcoming quarterly review by FTSE Russell. This potential downgrade reflects a decline in the company's market capitalization, placing it among the companies most likely to exit the blue-chip index.
Amusnet Gaming has secured a conditional license from the Alberta Gaming, Liquor and Cannabis (AGLC), allowing it to supply online gaming content to licensed operators in the province. This expands Amusnet's Canadian footprint, following its earlier entry into Ontario, and marks another step in its North American expansion strategy.
Allwyn reported a significant boost in Q2 2026 revenue, with its acquisition of PrizePicks contributing an additional €231m from daily fantasy sports operations. This acquisition highlights sports and gaming products as key growth drivers for the company.
GiG Software plc is planning a strategic return to the B2C market by acquiring an 80% stake in 888AFRICA from evoke for approximately €16.4m. This acquisition will be funded through a directed share issue and convertible loan agreements totaling €8.5m. The move signals a significant M&A activity and a shift in GiG's business model.
Macau operator SJM Holdings reported an 18.5% year-on-year revenue decline to HK$12,084m over the last six months, primarily due to the ongoing impact of its satellite casinos not contributing. Despite some individual casino growth, the overall absence of satellite casino revenue significantly impacted market comparisons.
Papua New Guinea is set to welcome its first casino in nearly two decades with the opening of the Pacific Pearl Casino in Port Moresby. The new boutique establishment will feature 100 slot machines, 20 gaming tables, and a dedicated VIP area.
Gaming Innovation Group (GiG) is reportedly planning an €8.5 million capital raise to fund the acquisition of 888Africa. This move would signify GiG's return to the B2C gambling sector, following its strategic pivot to B2B operations in 2023.
Atucha Strategic Advisory (ASA) and MentorBet, the consultancy arm of Grupo Oklahoma, have announced a strategic alliance to develop the betting and gaming market in Mexico. Antonio Lara will lead MentorBet's involvement in this collaboration, with both teams planning to meet operators at SiGMA North America in Mexico City.
Instant Win Gaming (IWG) has secured a new six-year contract extension with the Michigan Lottery, ensuring it will continue to supply its eInstant games until July 2032. This renewal solidifies IWG's ongoing partnership as a key eInstant provider for the lottery.
SkyCity Entertainment, a New Zealand-based operator, has rejected two unsolicited takeover proposals, reportedly from global investment giant Oaktree Capital Management and Iris Capital. The company confirmed it received the non-binding, indicative proposals but found they did not reflect the fundamental value of its business.
Betting operator Midnite is making its first international expansion, targeting the Canadian market. The company has hired former FanDuel Canada Senior Commercial Director, Dale Tang, to lead this strategic move as it seeks to replicate its UK success overseas.
Booming Games has partnered with KingMakers, a prominent African sports betting and gaming platform, to integrate its portfolio of slot titles across KingMakers' brands, BetKing and SuperSportBet. This strategic agreement significantly strengthens Booming Games' presence and distribution across the African market.
BETER, a provider of live streams, data, and odds for esports and sports, has expanded its U.S. presence into a tenth state by securing a Vendor Registration license in Virginia. This new license allows BETER to supply its exclusive content to operators within the state, building on its existing operations in nine other U.S. states.
Betable, an iGaming platform provider, has partnered with Delasport to enhance its sportsbook capabilities. This collaboration aims to support operators in launching and scaling betting brands in regulated international markets, with the integration already live across eight brands.
Vivid Gaming, a B2B slot game developer, has partnered with Betsson, a major online gaming operator, to significantly expand the distribution of its slot titles. This agreement will see Betsson offer Vivid Gaming's full portfolio across multiple jurisdictions, strengthening the studio's global reach.
Over 1,300 workers at Encore Boston Harbor, represented by Teamsters Local 25 and UNITE HERE Local 26, have overwhelmingly voted to authorize a strike. The action aims to demand fair pay and improved working conditions, potentially disrupting operations at the major casino property.
Technology provider Digitain has expanded its UK footprint by partnering with new operator Silkbet, providing its sportsbook and iGaming solutions. This collaboration enables Silkbet, which secured its licenses in May, to launch its challenger brand in the competitive UK market.
Evolution's board of directors has unanimously recommended shareholders reject Candle Lake's mandatory takeover offer of SEK695 per share, stating it significantly undervalues the company. The board believes the offer does not reflect Evolution's strong financial performance, future prospects, or fair market value.
888AFRICA, a joint venture between evoke and Christopher Coyne, has partnered with predictive intelligence firm Axom Gaming to enhance its marketing capabilities in the competitive African betting market. Axom will deploy its decisioning layer, integrating its technology to improve CRM and marketing efforts for 888AFRICA. This move signifies a strategic investment in customer engagement in a growing region.