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Business & M&A
26 recent stories
La AFA presentó a Kalshi como sponsor oficial para el Mundial 2026
La Asociación del Fútbol Argentino (AFA) anunció la incorporación de Kalshi como sponsor oficial de la institución para la Copa Mundial de la FIFA 2026. Como parte del acuerdo, el […]
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Why Man City Esports isn’t just a badging exercise
Michael Russell reveals how Man City’s Rocket League rise and RLCS showing come from a decade of selective, sustainable esports investment Football clubs have developed a reputation for putting their names on almost anything if it promises revenue or new fans. Modern supporters see it in partnerships that feel disconn…
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Kalshi launches Asociación del Fútbol Argentino sponsorship
Kalshi has signed a sponsorship deal with Argentina’s football federation (AFA) to serve as an official sponsor of the national team during the FIFA World Cup 2026. According to the terms of the agreement, Kalshi will get to use AFA’s intellectual property in its marketing materials, which includes the country’s blue …
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Global Gaming Women accepting nominations for Patty Becker Pay It Forward Award
Global Gaming Women on Monday announced the non-profit organization is accepting nominations for the 2026 Patty Becker Pay It Forward Award through 5 p.m. PST on July 3. The award recognizes people who embody Patty Becker’s legacy of “generosity, mentorship, advocacy, and unwavering commitment to helping others succee…
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Gaming Stocks Extend Their Rally as Sentiments Improve Amid Iran Peace Deal
Gaming stocks had a stellar week, and the Roundhill Sports Betting & iGaming ETF soared over 7%, bridging its year-to-date (YTD) losses to just about 4%. While it is still underperforming the S&P 500 Index this year, the performance gap has narrowed over the last couple of weeks. DraftKings and Genius Sports were the …
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Why China is suddenly opening its payments system
China is known for keeping its payments system closed, so why is it suddenly involved in cross‑border partnerships with foreign networks? China has caught the industry’s attention with a run of unexpected payment deals involving OwlTing, Visa, UnionPay and mBridge. Access to the mainland market has been tightly contro…
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FeedConstruct nets yet another Latin American basketball partner
FeedConstruct is betting heavily on basketball this year, it seems, adding yet another tournament to its partnership portfolio. The SoftConstruct-owned sports data company has signed a global streaming and data rights deal with Equador’s Liga Básquet Pro. Latin America, and particularly Latin American baseball, has be…
Read summary →The short-and-long-term effects of Manchester United’s new debt
Manchester United is set to repay new loans at a higher interest rate than it was previously paying back, as the club posted an operating profit for Q3 Manchester United have agreed to take on $550m (£410m) in new borrowing, taking the Premier League club’s total debt above £700m. United owed $425m (£317m) in senior […
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UK government plans to strip Sport England of planning powers
Ministers’ plans would weaken the body that oversees how grassroots facilities are protected and delivered, despite promising investment in community sport The UK government’s plan to cut Sport England’s statutory role would leave councils to make complex decisions with far less specialist input, says national consult…
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Sportybet Backs Kenyan Talent with VURUGU 2 Sponsorship.
Sportybet is the official sponsor of the highly anticipated boxing event in Kenya; The Vurugu 2. The showdown takes place on June 20, 2026, at the Sarit Expo Centre in Nairobi. The fight card features several high-profile matches, including a headliner performance by Nigerian artist Ruger. The event features high-prof…
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Vyking Ventures announces strategic investment in PrizeKings
Vyking Ventures, the investment arm of Vyking, today announced a strategic investment in PrizeKings, a technology-led prize draw business building transparent, locally relevant competition platforms for fast-growing entertainment markets. The investment reinforces Vyking Ventures’ commitment to backing companies at th…
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Razorpay’s rumored IPO to spark new growth across India’s fintech market?
The initial public offering (IPO) filed confidentially from Razorpay could bring forth new funding opportunities for India’s wider fintech market. India-based payments company Razorpay is planning a $600m initial public offering (IPO) for later this year. The company confidentially filed for its IPO in India today (15…
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UK Finance: Fraud losses hit £1.28bn as criminals exploit human trust
UK Finance’s Annual Fraud Report reveals investment and purchase scams at record highs, as banks press tech and telecoms firms to share the fraud burden Criminals stole £1.28bn ($1.72bn) through payment fraud in the UK last year, with fraudsters moving away from technical attacks in favour of targeting people directly…
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Nevada abstract report highlights profitability woes in Las Vegas amid two megadeals
The saying is that the house always wins, but that wasn't the case for Las Vegas casinos in FY25.
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Flutter to Delist From London Stock Exchange in Latest Strategic Shift
The company said the move follows a review of its dual-listing structure and will leave Flutter trading exclusively on the New York Stock Exchange from August. Flutter Entertainment announced that it intends to delist from the London Stock Exchange (LSE) and become exclusively listed on the New York Stock Exchange (NY…
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Flutter to delist from London Stock Exchange effective August 2026
Flutter's delisting from LSE supports a wider trend of companies moving away from UK exchanges, to access better liquidity in the US.
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Caesars Insiders Dump Shares At Prices Lower Than Pending Fertitta Offer
Two insiders at Caesars sold large stakes in the company this week at prices below the $31 per share offered by Fertitta Entertainment. Director Michael Pegram and Chief Legal Officer Ed Quatmann Jr.... The post Caesars Insiders Dump Shares At Prices Lower Than Pending Fertitta Offer appeared first on Legal Sports Rep…
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DraftKings Stock Rallies On Prediction Markets Volume Report, Robins Comments
DraftKings shares extended their gains Wednesday after the company reported growing prediction market volume. Shares of DraftKings closed at $28.79, up 16.2% from Monday’s close before the... The post DraftKings Stock Rallies On Prediction Markets Volume Report, Robins Comments appeared first on Legal Sports Report.
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How does the Mpumalanga gambling sector punch above its weight?
Mpumalanga generates nearly a third of South Africa's gambling revenue despite accounting for less than 10% of its population.
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Episode 36: From Mexico to Austria, with a $5.7bn Caesars deal in between
From a shifting Mexican market to Austria's monopoly shake-up, Ed and Robin have plenty to get their teeth into this week.
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Bally’s Intralot strikes £243 million deal for Evoke takeover
After months of exploring strategic options, struggling operator Evoke has agreed to an all-share takeover by Bally's Intralot.
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Allwyn records 21% Q1 net revenue uptick supported by PrizePicks acquisition
In its financial breakdown for Q1 Allwyn said Betano had increased its revenue by 27%, compared to the previous year.
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After Caesars deal, Diller’s MGM bid is latest bullish bet on the future of Las Vegas
Two of Las Vegas' biggest casino players could change hands at the same time now that media mogul Barry Diller has tendered a buyout offer of MGM Resorts.
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Paf expands shipboard gaming with acquisition of Bell Casino
Paf’s shipboard footprint will expand from 26 to approximately 80 vessels during the acquisition.
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Las Vegas revenue up in April, but tourism and air travel lag
April was reminiscent of 2025 for Las Vegas stakeholders, with gaming revenue spiking while tourism and air traffic lagged.
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Casino mogul Tilman Fertitta agrees to buy Caesars for $5.7bn in transformative deal for Las Vegas Strip
If completed, the deal will likely become one of the largest casino acquisitions in US history
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