Latest Gaming Industry News

Light & Wonder, Inc. has announced a proposed $1 billion private offering of senior unsecured notes due 2033, aiming to refinance existing debt and support corporate initiatives.

SkyCity Entertainment Group has successfully completed a NZ$240 million equity raise through a fully underwritten entitlement offer, with retail shareholders subscribing to one-third of their entitlements. New shares will begin trading next week on both the NZX and ASX.

PlaySide Studios has completed a $1.825 million Share Purchase Plan, adding to a recent $6.47 million private placement, to strengthen its balance sheet and support marketing efforts for upcoming game releases.

Streamplay Studio’s FY25 preliminary results reveal a striking 121% income surge, driven by the strategic acquisition of North American game studio Noodlecake, positioning the company for a $10 million annual income trajectory.

BetMakers Technology Group delivered a strong FY25 with a 5.6% half-on-half revenue growth and record profitability, while advancing its technology transformation and signing a strategic acquisition in Nevada.

The Star Entertainment Group updates investors on ongoing negotiations with lenders over financial covenant waivers and signals imminent release of unaudited accounts for June 2025.

PlaySide reports a 25% revenue decline and a $12.1 million net loss in FY25, driven by fewer original IP launches and restructuring costs. The company raises capital and streamlines operations ahead of major 2026 game releases.

PlaySide Studios reported a 25% revenue decline to $48.7 million for FY25, resulting in a $12.1 million net loss. The company is banking on new game launches and cost savings to reverse the downturn in FY26.

Ainsworth Game Technology reported a steady half-year profit of $4.9 million on a 25% revenue increase, driven by strong domestic sales and new product launches, while navigating regional challenges and a looming Novomatic takeover bid.

Ainsworth Game Technology reported a robust 25% increase in revenue for the first half of 2025, driven by strong land-based sales and new product launches, but statutory profit plunged 65% due to foreign exchange losses and one-off transaction costs. The company’s strategic acquisition by Novomatic advances as shareholder approval looms.

SportsHero Limited has entered the Southeast Asian mobile gaming market by signing an exclusive distribution agreement with Yes2Games, bringing globally popular titles like Fruit Ninja and Jetpack Joyride to Indonesia, the Philippines, Thailand, and Malaysia.

Reef Casino Trust has received a revised $184.3 million takeover offer from Morris Group, intensifying a competitive bidding process with Iris Cairns Property. Unitholders are advised to hold off on decisions as the Independent Board Committee evaluates the proposals.