The board says the mandatory offer undervalues Evolution, whose shares are now trading nearly 20% above the bid. Evolution’s board of directors has recommended that shareholders reject Candle Lake Limited’s…
The gambling ban changed the shirts. It may also have reset what many clubs can charge for them. The English Premier League kicked off on Friday, marking the first time…
An unidentified buyer has reportedly expressed interest in Bally’s project adjacent to the A’s ballpark. A deal must be struck before Thursday. Bally’s Corporation could sell its planned Las Vegas…
The sports-focused exchange reported significant early trading activity as it simultaneously fights regulators in five states. Novig generated more than $125 million in notional trading volume during the first week…
More than 99% of the votes backed the acquisition, with the expectation of closing at the end of 2026 or early next year. Bally’s Intralot’s acquisition of Evoke has moved…
Bally’s says it is pursuing asset sales, equity and new debt as liquidity pressure grows alongside major casino development projects. Bally’s Corporation reported strong revenue growth in the second quarter,…
The Ladbrokes and Coral owner absorbed a £56 million H1 EBITDA hit from increased remote gaming taxes, with the full impact still to come in H2. Entain says the U.K.’s…
Carl Icahn put $34 per share on the table. However, Caesars ultimately stuck with Tilman Fertitta’s $31 offer after months of competing takeover talks. A new proxy filing has shed…
Despite a significant dip in second-quarter profitability, DraftKings’ prediction market volume has climbed nearly fivefold since April, with management expecting customer growth to accelerate further during the NFL season. Profits…
PENN’s four regional divisions combined to generate $1.505bn in revenue for a retail segment record. Adjusted EBITDAR rose 5.6% to $517.2m, lifting the retail margin to 34.4%. PENN shares closed…