Economy/Finance

PointsBet’s Takeover Battle Intensifies Amid Vote Dispute

PointsBet's battle for control intensifies as its shareholders narrowly approved a takeover deal with Japanese firm MIXI, but not without a significant challenge from rival bidder Betr Entertainment. Despite th...

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Arizona's sports betting market experienced a surge in betting activity in March 2025, with bettors wagering an impressive $887.4 million, marking a 16.8% year-over-year increase compared to March 2024. Despite...

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Polymarket, a decentralized prediction platform, is approaching the final stages of securing a $200 million funding round that will propel its valuation beyond the $1 billion mark. This major milestone for the ...

Hacksaw AB Makes Debut on Nasdaq Stockholm After Successful IPO

Shares in Hacksaw AB have commenced trading on the Nasdaq Stockholm Main Market, following the completion of a highly successful initial public offering (IPO). The company, which specializes in B2B technology p...

SIGA Achieves Record Profits in 2024-25 Fiscal Year

The Saskatchewan Indian Gaming Authority (SIGA) has achieved an extraordinary financial feat, reporting a record $378 million in gross revenue for its 2024-25 fiscal year, surpassing the previous year's total o...

The 13 Hotel in Macau Changes Hands After Discounted Sale

The 13 Hotel, a luxury property in Macau long associated with financial troubles and unfulfilled ambitions, has reportedly been sold after several unsuccessful sale attempts. While the buyer's identity and fina...

AGI Announces PHP59 Billion Investment for 2025 Expansion

Alliance Global Group Inc. (AGI) has announced a significant capital expenditure (capex) of PHP59 billion ($1 billion) for the year 2025, signaling a robust plan for expansion across its diverse portfolio. The ...