ReportWire

Tag: Global

  • MGM Resorts Posts Strong Q4 and FY 2025 Results, Prepares for Further Growth

    [ad_1]

    Global casino and hospitality giant MGM Resorts International has published its financial results for Q4 2025 and FY 2025, highlighting the continued strength of its portfolio. With the Osaka resort being built, MGM is even more optimistic about what the future might hold.

    Q4 Was a Strong Quarter Despite the Vegas Setbacks

    In its release, MGM Resorts highlighted Q4 2025 consolidated net revenues of $4.6 billion, marking an increase of 6% from Q4 2024. Net income attributable to MGM Resorts almost doubled to $294 million compared to $157 million in the prior year period.

    In the meantime, the company reported adjusted EBITDA of $635 million for Q4 2025, up 20% from $528 million in Q4 2024.

    MGM Resorts also reported diluted earnings per share of $1.11 in Q4, which marks an increase of over 100% from $0.52 in the prior year quarter. The company also reported adjusted diluted earnings per share of $1.60 in Q4 compared to $0.45 in the prior year quarter.

    The company’s business on the famed Vegas Strip remained strong but experienced a slight decrease in net revenues and adjusted EBITDAR to $2.2 billion (-3%) and $735 million (-4%), respectively.  

    MGM Resorts’ regional operations, on the other hand, drove net revenues of $950 million, up 2% year-one-year, as well as segment adjusted EBITDAR of $280 million, which was mostly consistent with the prior year period.

    MGM China, on the other hand, experienced a stellar growth as net revenues increased by 21% to $1.2 billion compared to $1 billion in Q4 2024. The segment’s adjusted EBITDAR increased by 30% to 332 million from $255 million in Q4 2024.

    Last but not least, MGM Digital reported net revenue growth of 35% to $188 million ($140 million in Q4 2024). The segment also reported segment adjusted EBITDAR loss of only $7 million, representing an improvement from a loss of $22 million in the prior year quarter.

    In Q4, the company also repurchased 15 million shares of its common stock for $516 million, per its share buyback program. All repurchased shares have been retired, MGM added. It also noted that, as of December 31, its repurchase plan allowed it to buy an additional $1.6 billion of shares.

    MGM Resorts Fared Well in 2025

    In the meantime, MGM also reported its FY 2025 results, highlighting consolidated net revenues of $17.5 billion, up 2% year-on-year. Net income attributable to MGM Resorts was $206 million, representing a decrease from $747 million in 2024.

    Consolidated adjusted EBITDA for 2025 was $2.4 billion, up 1% year-on-year. Diluted earnings per share, on the other hand, were $0.76, down from $2.4 in 2025. MGM reported adjusted EPS of $3.31 in 2025 compared to $2.59 in 2024.

    The Las Vegas Strip segment saw its annual revenues decrease by 4% to $8.4 billion, with the segment’s adjusted EBITDAR decreasing by 8% to $2.9 billion.

    The company’s regional operations recorded net revenues of $3.8 billion and segment adjusted EBITDAR of $1.2 billion, representing increases of 1% and 2% from 2024, respectively.

    MGM China continued to experience double-digit growth with net revenues and segment adjusted EBITDAR both increasing by 11% to $4.5 billion and $1.2 billion, respectively.

    MGM Digital also experienced double-digit growth in terms of net revenues, which increased by 19% to $1.2 billion. However, the segment reported adjusted EBITDAR loss of $90 million compared to a loss of $77 million in 2024.

    MGM Resorts’ Leadership Hailed the Results

    MGM Resorts’ CEO, Bill Hornbuckle, was pleased with the results, attributing them to the company’s diversified operational strategy. He added that he is very optimistic about the company’s future.

    As we enter 2026, we are full of optimism for the future driven by the solid base of group and convention business and the completion of the MGM Grand renovations in Las Vegas, continued solid and unwavering results in our Regional Operations, premium mass leadership position at MGM China, double digit revenue growth in BetMGM North America Venture, and an international pipeline of long-term growth with MGM Osaka.

    Bill Hornbuckle, president & CEO, MGM Resorts

    Jonathan Halkyard, MGM Resorts International’s chief financial officer, added that, in addition to the favorable results, 2025 was a year for “important financial stewardship initiatives.” Halkyard added that these initiatives armed MGM Resorts with the financial means to pursue further growth and generate shareholder value.

    In the meantime, MGM also reported the financials of the BetMGM brand.

    [ad_2]

    Angel Hristov

    Source link

  • Measuring student global competency learning using direct peer connections

    [ad_1]

    Key points:

    Our students are coming of age in a world that demands global competency. From economic interdependence to the accelerating effects of climate change and mass migration, students need to develop the knowledge and skills to engage and succeed in this diverse and interconnected world. Consequently, the need for global competency education is more important than ever.

    “Being born into a global world does not make people global citizens,” Andreas Schleicher of the Organization for Economic Cooperation and Development (OECD) has said. “We must deliberately and systematically educate our children in global competence.” 

    Here at Global Cities, we regularly talk with educators eager to bring global competency into their classrooms in ways that engage and excite students to learn. Educators recognize the need, but ask a vital question: How do we teach something we can’t measure?

    It’s clear that in today’s competitive and data-driven education environment, we need to expand and evaluate what students need to know to be globally competent adults. Global competency education requires evaluation tools to determine what and whether students are learning.

    The good news is that two recent independent research studies found that educators can use a new tool, the Global Cities’ Codebook for Global Student Learning Outcomes, to identify what global competency learning looks like and to assess whether students are learning by examining student writing. The research successfully used the evaluation tool for global competency programs with different models and curricula and across different student populations.

    Global Cities developed the Codebook to help researchers, program designers, and educators identify, teach, and measure global competency in their own classrooms. Created in partnership with Harvard Graduate School of Education’s The Open Canopy, the Codebook captures 55 observable indicators across four core global learning outcomes: Appreciation for Diversity, Cultural Understanding, Global Knowledge, and Global Engagement. The Codebook was developed using data from our own Global Scholars virtual exchange program, which since 2014 has connected more than 139,000 students in 126 cities worldwide to teach global competency.

    In Global Scholars, we’ve seen firsthand the excitement of directly connecting students with their international peers and sparking meaningful discussions about culture, community, and shared challenges. We know how teachers can effectively use the Codebook and how Global Cities workshops extend the reach of this approach to a larger audience of K-12 teachers. This research was designed to determine whether the same tool could be used to assess global competency learning in other virtual exchange programs, not only Global Cities’ Global Scholars program.

    These studies make clear that the Codebook can reliably identify global learning in diverse contexts and help educators see where and how their students are developing global competency skills in virtual exchange curricula. You can examine the tool (the Codebook) here. You can explore the full research findings here.

    The first study looked at two AFS Intercultural Programs curricula, Global You Changemaker and Global Up Teen. The second study analyzed student work from The Open Canopy‘s Planetary Health and Remembering the Past learning journeys.

    In the AFS Intercultural Programs data, researchers found clear examples of students from across the globe showing Appreciation for Diversity and Cultural Understanding. In these AFS online discussion boards, students showed evidence they were learning about their own and other cultures, expressed positive attitudes about one another’s cultures, and demonstrated tolerance for different backgrounds and points of view. Additionally, the discussion boards offered opportunities for students to interact with each other virtually, and there were many examples of students from different parts of the world listening to one another and interacting in positive and respectful ways. When the curriculum invited students to design projects addressing community or global issues, they demonstrated strong evidence of Global Engagement as well.

    Students in The Open Canopy program demonstrated the three most prevalent indicators of global learning that reflect core skills essential to effective virtual exchange: listening to others and discussing issues in a respectful and unbiased way; interacting with people of different backgrounds positively and respectfully; and using digital tools to learn from and communicate with peers around the world. Many of the Remembering the Past posts were especially rich and coded for multiple indicators of global learning.

    Together, these studies show that global competency can be taught–and measured. They also highlight simple, but powerful strategies educators everywhere can use:

    • Structured opportunities for exchange help students listen and interact respectfully with one another
    • Virtual exchange prompts students to share their cultures and experiences across lines of difference in positive, curious ways
    • Assignments that include reflection questions–why something matters, not just what it is–help students think critically about culture and global issues
    • Opportunities for students to give their opinion and to decide to take action, even hypothetically, builds their sense of agency in addressing global challenges

    The Codebook is available free to all educators, along with hands-on professional development workshops that guide teachers in using the tool to design curriculum, teach intentionally, and assess learning. Its comprehensive set of indicators gives educators and curriculum designers a menu of options–some they might not have initially considered–that can enrich students’ global learning experiences.

    Our message to educators is simple: A community of educators (Global Ed Lab), a research-supported framework, and practical tools can help you teach students global competency and evaluate their work.

    The question is no longer whether we need more global competency education. We clearly do. Now with the Codebook and the Global Ed Lab, teachers can learn how to teach this subject matter effectively and use tools to assess student learning.

    Latest posts by eSchool Media Contributors (see all)

    [ad_2]

    Marjorie B. Tiven, Global Cities, Inc.

    Source link

  • Santeda Linked to $2.7 Billion Illegal Gambling Network, According to GAMRS

    [ad_1]

    According to a GAMRS report co-authored by DealMeOut CEO Jordan Lea, Curaçao-based operator Santeda International BV and its Mystake, Cosmobet, Velobet, Goldenbet, and Rolletto brands are at the heart of a black-market gambling network that generates over GBP 2 billion (around $2.70 billion) annually.

    GAMRS stands for the Gambling Industry Accreditation, Monitoring & Registration Service, and it is an independent organization that works with gambling operators, regulators, and public authorities to help keep licensed gambling markets free from illegal influence and unsafe suppliers.

    As part of the report, GAMRS collected testimonies from 96 customers who had gambled with Santeda brands. These respondents reported losing a combined total of GBP 241,152 (about $322,500) solely on the Mystake platform. GAMRS estimated Mystake’s annual turnover at GBP 1.2 billion (roughly $1.6 billion), roughly a third of Santeda’s overall revenue, with UK players accounting for 64.8% of the platform’s global traffic.

    Between August and October 2025, Mystake recorded 3.4 million visits, averaging approximately 1.1 million visits per month. UK users also demonstrated the highest engagement, with an average session lasting 22 minutes and 27 seconds and 14.93 pages per visit.

    One individual reported that after losing their father, their gambling had spiraled out of control. They stated that, although they had signed up with Gamstop, they began receiving offers from Mystake and Goldenbet casinos. Over the course of three days, they spent GBP 49,300 (around $66,000), even taking out two large loans. The individual added that Mystake showed no concern; despite being informed of their gambling addiction, the platform continued sending repeated offers to lure them back. They said this experience had devastated their life.

    GAMRS Explains Why This Might Be Happening

    According to GAMRS, unlike regulated firms operating within licensed markets, Santeda pays minimal tax in the offshore jurisdictions where it operates. This enables the organization to reinvest substantial sums into aggressive consumer acquisition and retention strategies.

    GAMRS assessed that migration to the black market is being accelerated by increasingly restrictive regulation in licensed markets. While regulatory measures aimed at reducing gambling harm are both necessary, current approaches are unintentionally strengthening the illegal market, the organization says. The report further explained that as gambling taxation rises across regulated markets, driven by sustained lobbying and political pressure groups, licensed operators are increasingly compelled to reconsider their investment in marketing, bonuses, rewards, and player incentives.

    Recently, the UK government has been discussing the Autumn Budget, which foresees a significant increase in the taxes of gambling operators in the country. However, many have criticized this decision, including the British Gaming and Betting Council, which said the tax hike could make the legal gaming industry less competitive, resulting in a potential user drain to the more dangerous black market.

    GAMRS seems to have a similar opinion on the matter, as according to the organization, black market operators face no such constraints and are already capitalizing on this imbalance.

    It warned that further fiscal or regulatory pressure on the licensed sector will inevitably accelerate consumer migration toward illegal operators, who offer significantly more attractive incentives, fewer restrictions, and no consumer protections.

    GAMRS emphasized that regulators and governments must now confront the likelihood that the current well-intentioned policies may, in fact, be amplifying the very harm they are intended to prevent.

    [ad_2]

    Stefan Velikov

    Source link

  • Pragmatic Play introduces The Bingo Spot Game Show

    [ad_1]

    Pragmatic Play is bringing a fresh game show that is set to innovate the live casino segment with the introduction of The Bingo Spot.

    As the name suggests, this is a game that focuses on bingo gameplay, reimagining it as a live product and allowing it to offer exhaustive winning combinations.

    The Bingo Spot Brings Multipliers and Massive Winning Potential

    The Bingo Spot will have players match ticket numbers, as the game follows the familiar logic of randomly drawn balls.

    The prizes could quickly go up to 250x, offering participants the opportunity to not only experience a beloved game in a slick setting, but also to get something out of it as well.

    Pragmatic Play’s chief operating officer, Irina Cornides, welcomed the opportunity and said:

    The Bingo Spotis a standout addition to Pragmatic Play’s live casino portfolio, injecting fresh energy into the classic bingo format. Offering the chance for random multipliers in every round and prizes of up to 20,000x, the new game show delivers round-the-clock excitement and entertainment for players.

    Yet, Pragmatic Play has been keen to leave its signature style all over the game, providing players with more excellent game features to look forward to. Among those are the five Lucky Numbers multipliers designed to elevate the experience a step further.

    The multipliers can be 2x, 3x, or 5x, and they will vary each round. What is best is that the multipliers are combined, and the maximum win you can score on the game can easily hit 20,000x per ticket, making for a truly outstanding experience across the board.

    Even More Bingo Balls for Higher Win Chances

    This is not all that the game has in store for you, however, as it brings even more relevant and worthwhile opportunities. The game also features the Wild Ball option, which will throw in between one and four additional balls, boosting your overall chances to win.

    The Bingo Spot builds on a long and established lineage of unique and worthwhile game shows by Pragmatic Play among which are other spot-on games, such as Money Time, Sweet Bonanza CandyLand, and MegaWheel.

    Pragmatic Play has been building upon its portfolio with fresh releases, with the company adding a brand-new product, only recently – Super Bike Racing to its virtual sports library. The company also expanded into cricket in November.

    [ad_2]

    Jerome García

    Source link

  • Air New Zealand to Revamp Loyalty Program

    [ad_1]

    Air New Zealand’s Airpoints loyalty program will be renamed as “Koru” beginning April 2026 and gain two new status tiers for a total of five, the carrier announced Tuesday. 

    Koru Bronze will be the new base tier for those without status, who will be able to earn Airpoints and Status Points, according to Air New Zealand. 

    Koru Silver, Gold and Platinum tiers will replace Airpoints Silver, Gold and Elite, and the qualifying Status Points will remain the same for each category—450, 900 and 1,500, respectively, according to Air New Zealand. Members will receive all current benefits, plus some new ones. 

    An additional benefit for Silver includes five bonus Status Points (currently called Frequent Flyer Status Boost) for every 10 qualifying flights with the carrier. Currently, only Gold and Elite members earn bonuses.

    Gold and Platinum members will have access to the new Status Points Top-Up, a feature that will offer members “just shy” of requalifying up to 30 Status Points for Gold and up to 50 Status Points for Platinum to retain their respective tiers. This benefit is available once every three years. 

    Platinum members also will have enhanced Status Rewards and access to the new Koru Premier Lounge at Auckland International Airport, when it opens.

    The new top tier will be Koru Black, which will require 3,200 Status Points, including 1,920 from qualifying flights in a year. Benefits will include all Platinum offerings, plus 40 Status Points per 10 qualifying flights and a top-up amount of up to 70 Status Points. They also will receive three recognition upgrades, two short-haul recognition upgrades per year and eight valet parking vouchers. Koru Black members also will have their points “upweighted” by 60 percent, versus 10 percent for Silver, 30 percent for Gold and 50 percent for Platinum.

    [ad_2]

    dairoldi@thebtngroup.com (Donna M. Airoldi)

    Source link

  • Flutter Lowers Its 2025 Guidance Due to Q3 Trouble

    [ad_1]

    Online sports betting and iGaming powerhouse Flutter Entertainment has published its Q3 results. While the company’s revenue experienced double-digit growth, its net loss broadened due to a variety of headwinds.

    Flutter’s Revenue Was Strong, But Losses Mounted

    Flutter’s report for the three months ended September 30 outlined revenue of $3.8 billion, marking an increase of 17% year-on-year. The revenue in the US increased by 9%, with the International segment showing growth of 21%.

    In addition to that, Flutter’s adjusted EBITDA increased by 6%, reaching $478 million. The adjusted EBITDA margin for the same period was 12.6%, the company reported.

    These metrics reflected the acquisitions of Snai and Betnacional, as well as the strong performance of the company’s iGaming segment.

    The company’s net loss, however, increased dramatically from $114 million in Q3 2024 to $789 million in Q3 2025. This reflected a loss per share of $3.91, up from $0.58 in the prior-year period. According to Flutter, the net loss reflects the non-cash impairment charge of $556 million triggered by India’s sudden U-turn in terms of gaming policy. The loss also reflects a $205 million payment to Boyd to revise US market access terms.

    Despite that, the adjusted earnings per share painted a better picture, showing an increase of 29% to $1.64.

    Flutter’s net cash from operating activities, meanwhile, decreased by 28% to $209 million, again due to the Boyd payment. The company’s free cash flow at the end of the quarter was down 78% year-on-year to $25 million.

    Flutter Lowered Its 2025 Outlook Due to the Headwinds

    Due to the impact of Q3 and the upcoming launch of FanDuel Predicts, Flutter has updated its 2025 outlook. The company now expects group revenue of $16.69 billion for the year, and adjusted EBITDA of $2.915 billion for the same period.

    Flutter noted that these figures reflect reductions of $570 million and $380 million from the previous guidance, respectively. Despite that, the expected revenue and EBITDA still represent year-on-year growth of 19% and 24%, respectively.

    CEO Jackson Was Pleased with the Results Despite the Setbacks

    Peter Jackson, Flutter’s chief executive officer, was pleased with the results, calling Q3 a solid quarter, despite the setbacks. He was especially thrilled about the upcoming launch of FanDuel Predicts and the recent international acquisitions, which will be key growth drivers.

    We have a strong platform for executing our capital allocation strategy, with a continued focus on creating long-term shareholder value.

    Peter Jackson, CEO, Flutter Entertainment

    In the meantime, Flutter’s FanDuel brand just exited Nevada due to growing friction with state regulators about prediction markets’ legal status.

    [ad_2]

    Angel Hristov

    Source link

  • Industry Veterans Launch Big Daddy Gaming, a Disruptive Game Studio

    [ad_1]

    A trio of esteemed gaming industry veterans has joined forces to disrupt the slots sector with a new studio. Titled Big Daddy Gaming, the project seeks to breathe new life into the slots market.

    Gaming Experts Unveil Big Daddy Gaming

    As mentioned, Big Daddy Gaming was founded by a trio of gaming industry veterans. These include the following:

    • Simon Hammon – former CEO of Relax Gaming
    • Daniel Eskola – product expert and former member of Relax Gaming and Kindred
    • Erland Hellstrom, former head of region of Evolution

    According to the announcement, Hellstrom will serve as Big Daddy Gaming’s chief executive officer.

    The founders were not shy about their ambition to redefine gaming, breathing creativity back into the slots sector.

    The studio’s commercial launch is set to take place in the fourth quarter of 2025.

    The New Studio Rejects Stale Content  

    Big Daddy Gaming’s leaders challenged the iGaming market, expressing discontentment with the overabundance of slot games that fail to truly resonate with players. The company highlighted its desire to disrupt the market with products that break the mould and create long-term engagement.

    Big Daddy Gaming noted that it is preparing to kick off its business with a blast, teasing that it has already negotiated deals with several top-tier operators and is ready to unleash its cutting-edge content.

    The studio plans to differentiate itself from the competition with proven mechanics and charming humor that will keep players around for a long time.

    Big Daddy Gaming Wants to Deliver Unmatched Value to Clients

    Big Daddy Gaming’s founders commented on the upcoming launch, expressing confidence in the new studio’s future. Hellstrom said that the business will be underpinned by individuals with deep understanding of the industry and tier-one operator relations, setting it up for success.

    With Big Daddy Gaming, we are excited to deliver on the promise that our focus and experience translate directly into unmatched value creation for our partners.

    Simon Hellstrom, CEO & founder, Big Daddy Gaming

    Hammon, on the other hand, said that Big Daddy Gaming will leverage its founder’s expertise to position itself as a “reliable, highly profitable asset” for future clients. Eskola added that the Big Daddy Gaming team’s ethos is to start partnerships humbly and ensure meaningful returns.

    [ad_2]

    Fiona Simmons

    Source link

  • Opinion | The U.N. Blinks on Its Carbon Tax

    [ad_1]

    Leaders delay a vote on its taxation-without-representation scheme.

    [ad_2]

    The Editorial Board

    Source link

  • IBIA Reveals 5-Year Strategy, Changes Brand Identity in Celebration of 20th Anniversary

    [ad_1]

    The International Betting Integrity Association (IBIA) announced the launch of its new five-year strategy to champion higher standards within the sports betting sector. Dubbed Mission 2030, this initiative comes just as the IBIA revealed a new brand identity in celebration of its 20th anniversary.

    IBIA Remains True to Its Purpose

    In line with the IBIA’s goal of strengthening integrity across the sports sector, Mission 2030 lays down core objectives for protecting the sector from fraud and harmful influence. The mission focuses on three core objectives, which include the following:

    • Strengthening IBIA’s Global Monitoring & Alert Platform (Global MAP) to enhance the organization’s ability to identify suspicious betting activity and help with investigations.
    • Expanding the organization’s ties across the global sports integrity sector, resulting in greater collaboration with various bodies.
    • Implementing stronger regulations, improved league policies, and better athlete education in order to prevent issues in advance.

    The IBIA called Mission 2030 a “strategic roadmap” that establishes key areas of focus, while still providing the association with sufficient flexibility to respond to emerging trends, like cryptocurrencies, artificial intelligence, esports, and new market launches.

    IBIA’s chief executive officer, Khalid Ali, said that the organization’s 20th anniversary is both a time to reflect on the past and look to the future.

    Our new strategic roadmap charts how we will continue to deliver best in class integrity services to our members, deepen collaboration with our partners, and successfully confront the challenges and opportunities reshaping our industry.

    Khalid Ali, CEO, IBIA

    Ali added that the organization will continue to grow, evolve, and adapt to new trends.

    IBIA Updated Its Brand and Site

    In addition to unveiling its new five-year strategy, the IBIA celebrated its anniversary with a new brand identity. Featuring a brand-new logo and a sleek new website, the new identity highlights the IBIA’s ethos of pursuing constant improvement.

    According to the announcement, the six interwoven segments of the new logo stand for the main stakeholders responsible for protecting the integrity of the sports sector: operators, sports, regulators, law enforcement, athletes, and institutions.

    The organization’s new motto, “Safeguarding Sports Betting,” meanwhile, emphasizes the essence of what the IBIA stands for.

    CEO Ali commented on the new brand identity, saying that it is more than a visual identity – according to him, the new logo and site are a “key building block of Mission 2030.”

    [ad_2]

    Angel Hristov

    Source link

  • Trio Wins Nobel Prize in Chemistry for Work on Molecular Construction

    [ad_1]

    Susumu Kitagawa, Richard Robson and Omar M. Yaghi were awarded the Nobel Prize in Chemistry for developing a new form of molecular architecture called metal-organic frameworks that can harvest water from desert air, capture carbon dioxide, store toxic gases or catalyze chemical reactions.

    The structures, metal ions connected by carbon-based linkers, have large holes that allow other molecules to flow in and out, almost like rooms in a house. They can capture and release gases, water or other substances. Changing the size or shape of its components can make a countless amount of new frameworks designed for specific substances, reactions or to conduct electricity.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

    [ad_2]

    Brianna Abbott

    Source link

  • The Top 5 Countries Where Hiring Is a Game-Changer in 2025

    [ad_1]

    As a founder and CEO who has scaled multiple ventures across industries, I’ve had the privilege of hiring talent from all corners of the globe: the Philippines, Ukraine, Bangladesh, India, South America, Israel, and more. And I can tell you firsthand—the diversification of experiences, backgrounds, and even languages that comes from building global teams doesn’t just fill roles; it supercharges business. The creativity, resilience, and specialized skills that global employees bring to the table push companies far beyond what a single local workforce can achieve.

    Take the Philippines, for example: I’ve consistently seen individuals who are deeply committed to service, bringing unmatched dedication to customer care and client solutions. Israel, on the other hand, produces some of the most competitive minds I’ve ever worked with—designers, engineers, coders, managers, and executives who are globally recognized for their innovation and leadership. By weaving together these different strengths, businesses can thrive in ways that no single labor market could deliver alone.

    For entrepreneurs, hiring internationally isn’t just about saving costs. It’s about tapping into the unique DNA of each market: the drive, the discipline, the creativity, and the resilience that can help you scale smarter and faster. Below are the top five countries every entrepreneur should be watching when building world-class, globally competitive teams.

    1. The Philippines: Service excellence and customer-centric culture

    The Philippines remains one of the top destinations for global hiring, particularly in roles tied to customer service, sales support, and business process outsourcing. Entrepreneurs have long turned to the Philippines for its large English-speaking workforce and competitive labor costs, but the true differentiator is cultural alignment.

    Filipino professionals often demonstrate extraordinary empathy, patience, and adaptability—traits that make them especially strong in customer-facing roles. Beyond call centers, the country’s workforce is expanding into digital marketing, accounting, and back-office operations. With government support for digital infrastructure and a digitally savvy population, the Philippines continues to anchor itself as a reliable hub for scaling service operations.

    Best for: Customer success, sales support, digital marketing, and back-office administration.

    2. India: Engineering depth and scalable tech talent

    India has long been a technology powerhouse and continues to lead as one of the most attractive global hiring destinations. With its vast population of engineers, software developers, and IT professionals, India offers deep scalability. Whether you need to hire a small dev team or spin up a 100-person engineering division, India provides the pipeline.

    The country’s leading universities produce hundreds of thousands of engineers annually, and with a thriving startup ecosystem in Bangalore, Hyderabad, and Pune, professionals are increasingly experienced in global SaaS, AI, and fintech industries. Labor costs remain competitive compared to Western markets, but what sets India apart now is its ability to blend scale with specialization. From AI researchers to cloud architects, India provides both breadth and depth.

    Best for: Software engineering, data science, IT infrastructure, and scalable tech teams.

    3. Israel: Innovation and leadership at the highest level

    Known as the “Startup Nation,” Israel has earned a global reputation for innovation, resilience, and leadership. With one of the world’s highest densities of startups per capita, Israel has cultivated a workforce that thrives under pressure, excels in problem solving, and pushes industries forward through sheer ingenuity.

    Entrepreneurs looking to hire in Israel will find talent globally competitive in design, product engineering, cybersecurity, and executive leadership. Many Israeli professionals have military backgrounds in intelligence and technology units, sharpening their leadership, teamwork, and technical expertise. While labor costs are higher than in countries like India or the Philippines, the return on investment comes from high-impact innovation and leadership that can redefine entire industries.

    Best for: Executive leadership, product design, engineering, cybersecurity, and R&D innovation.

    4. Poland: Europe’s rising tech and operations hub

    Poland has rapidly become one of the most sought-after hiring destinations in Europe, thanks to its strong educational system, central location, and European Union membership. The country offers a large pool of engineers, finance professionals, and multilingual talent, making it an excellent option for companies needing European presence without the costs of London, Paris, or Berlin.

    With its growing reputation as a nearshore hub for Western Europe, Poland is home to thriving startup ecosystems in Warsaw, Kraków, and Wrocław. Its workforce combines technical expertise with strong cultural and linguistic alignment for both European and U.S. companies. In addition, Poland’s time zone makes it an ideal bridge between U.S. and Asian teams.

    Best for: Engineering, finance and accounting, operations, multilingual support, and European expansion.

    5. Mexico: Nearshoring advantage for U.S. companies

    As supply chains and workforce strategies shift closer to home, Mexico has become a nearshoring powerhouse for U.S. entrepreneurs. Its proximity to the United States allows for easier collaboration across time zones and more cost-effective travel, while still offering significant labor cost advantages.

    Mexico’s workforce is highly capable in manufacturing, engineering, customer service, and logistics. For tech and professional services companies, Mexico also provides a growing talent base in software development and design. U.S. companies hiring in Mexico benefit not only from cultural alignment but also from reduced communication barriers and faster turnaround times compared to more distant markets.

    Best for: Manufacturing, logistics, software development, and U.S.-aligned service operations.

    Building smarter, not cheaper

    Hiring globally in 2025 isn’t simply about labor arbitrage. It’s about strategic diversification—understanding where a market excels and weaving those unique strengths into your company’s DNA.

    As an entrepreneur who has hired across continents, I can say with certainty: Global teams aren’t just cost-saving measures—they’re growth accelerators. They bring perspectives you won’t find in one country alone, and those perspectives often shape the difference between companies that stall and those that scale. In a world where speed, innovation, and adaptability define success, the smartest entrepreneurs will be those who build borderless teams.

    [ad_2]

    Roy Dekel

    Source link

  • Evolution Reveals New Development Studio Sneaky Slots

    [ad_1]

    Evolution announced the launch of Sneaky Slots, an exciting new addition to its portfolio of top-tier online slot studios, which already features renowned names like Nolimit City, Red Tiger, NetEnt, and Big Time Gaming.

    Evolution Unveils Sneaky Slots

    The studio debuts with Nip Tuck, a surreal slot experience that explores the obsession with perfection. Following its launch, the studio plans to release a new title every month for the remainder of the year. Malcolm Mizzi, Head of Commercial Operations of RNG at Evolution, described the launch of Sneaky Slots as a natural next step for the company

    He emphasized that, with the support of Evolution’s One Stop Shop and global sales network, Sneaky Slots is launching with a level of momentum that few new studios enjoy. Mizzi expressed confidence that the new brand will attract both players and industry insiders, positioning itself as a standout newcomer to watch.

    Mizzi further noted that Sneaky Slots represents a bold and rebellious approach to game design. The studio’s titles, he explained, are daring, eccentric, and rich in personality. Instead of chasing complexity or extremes, the focus is on creating immersive, unforgettable atmospheres that players genuinely enjoy. With Sneaky Slots, the team aims to open the door to something edgier by inviting players to explore the unexpected.

    It’s interesting to note that the announcement of this large expansion comes amid an intensification of legal trouble that Evolution has been embroiled in with law firm Calcagni & Kanefsky. 

    What Does Sneaky Slots Promise to Bring to the Table?

    According to its own words, Sneaky Slots is already stirring excitement within the iGaming industry. While little is known about the team behind the brand, many in the industry see it as a spiritual sibling to Nolimit City, with which it shares a strong creative and technical connection.

    In its debut announcement, Nolimit City confirmed that Sneaky Slots has been granted access to its trademarked xMechanics, which is a suite of proprietary game features that helped establish Nolimit’s cult status among players and streamers. These include popular mechanics like xNudge, xWays, and xBomb, which have powered some of Nolimit’s most iconic titles, such as San Quentin 2, Fire In The Hole 3, and Brute Force Alien Onslaught.

    Sneaky Slots’ initial roadmap points to a bold and unconventional creative vision. Its launch lineup features three provocatively titled games, such as Freak Show Revelation, Nip Tuck, and Gopnik, hinting at edgy themes and unpredictable gameplay designed to stand out in a crowded market.

    [ad_2]

    Stefan Velikov

    Source link

  • Light & Wonder Bolsters Its Leadership Roster with Leading Talent

    [ad_1]

    Light & Wonder, Inc. (L&W) has announced a key addition to its senior leadership team with the appointment of Rohan Gallagher as executive VP and global chief corporate affairs officer. The position will be based in Sydney, where Gallagher will oversee investor relations, ESG, corporate social responsibility, and international communication. This newly created position will help Light & Wonder enhance engagement during a transformative period.

    Gallagher Brings a Wealth of Experience

    The move comes as Light & Wonder finalizes its transition to a primary listing on the Australian Securities Exchange (ASX). CFO Oliver Chow commended that the appointment of Mr. Gallagher was a crucial step to bolster the company’s presence in Australia and abroad. Chow lauded Gallagher’s experience and was confident that the new addition to the company’s leadership would introduce crucial skills and in-depth knowledge.

    “I’ve worked with Rohan for many years in different capacities, and his knowledge of the gaming industry and what it takes to succeed is unparalleled.” 

    Oliver Chow, Light & Wonder CFO

    Gallagher’s career extends to gaming giant Aristocrat, where he led investor relations and treasury functions. The new L&W executive VP noted that the timing of his appointment aligned with Light & Wonder’s momentum as the company seeks to extend its global presence. He viewed the position as a unique opportunity, hoping to contribute to its lasting success.

    “I look forward to amplifying Light & Wonder’s voice, strengthening connections with its communities, and driving meaningful change that supports L&W’s next level of growth.”

    Rohan Gallagher, Light & Wonder executive VP and global chief corporate affairs officer

    Gallagher boasts over two decades of experience in the financial sector, previously holding senior positions in equities research, corporate broking, and investor relations. Before joining Light & Wonder, he worked as managing director at Jarden Group’s Institutional Equities division, taking a leading role in sales, research, and corporate advisory. 

    Light & Wonder Maintains Impressive Momentum

    This new appointment coincides with a busy time for the company. Earlier this month, L&W announced it had been accredited by the Philippine Amusement and Gaming Corporation (PAGCOR), paving the way for the launch of its iGaming platform in the Philippines and marking its first entry into an Asian regulated market. Once operational, the Philippines will become Light & Wonder’s 47th regulated market worldwide.

    In July, the company secured its place as one of the first B2B suppliers to be licensed in the United Arab Emirates. This move will allow it to provide land-based electronic gaming machines, table games, and digital casino content. A UAE license could be pivotal for reaching new audiences and helping the company reinforce its focus on compliance and responsible gaming practices.

    With Gallagher’s appointment, Light & Wonder is positioning itself to communicate its strategy to stakeholders more clearly as it gears up for further expansion in global regulated markets. His appointment underlines the company’s ongoing efforts to promote transparency and investor confidence, while building long-term value.

    [ad_2]

    Deyan Dimitrov

    Source link

  • The 10 best countries to retire right now—and America didn’t make the cut | Fortune

    [ad_1]

    Baby boomers aren’t just flocking down to sunshine states like Florida to kickstart their retirement careers anymore—they’re booking a one-way ticket overseas for a better quality of life. 

    While the United States lacks a formal retirement visa, many other countries offer dedicated programs for retirees to have more affordable living and a new laid-back lifestyle, which is why it’s no surprise the U.S. didn’t make the cut in the Global Citizen Solutions’ 2025 retirement report. 

    For expats ready for cobblestone views and sipping coffee on a sunny terrace, the new report ranks 44 passive income and retirement visa programs. It also evaluated 20 key indicators grouped into six main categories: visa procedures, citizenship and mobility, economic factors, tax benefits, quality of life, and safety and social integration. Each country received a score out of 100. 

    Many of the top-ranked countries were in Europe and South America. Portugal ranked as the best, followed by Mauritius and Spain.

    “The countries dominating our rankings understand that successful retirement migration isn’t just about letting people in, it’s about helping them thrive,” Patricia Casaburi, CEO of Global Citizen Solutions, tells Fortune. 

    Portugal, Mauritius, and Spain top the list, she said, because they truly support new residents with tools to build a life. “They offer language programs, streamlined healthcare registration, and clear pathways from temporary residence to citizenship,” Casaburi explained. “Countries that treat retirees as temporary visitors rather than future citizens consistently underperform.” 

    The 10 best countries to retire abroad in 2025

    1. Portugal
    2. Mauritius
    3. Spain
    4. Uruguay
    5. Austria
    6. Italy
    7. Slovenia
    8. Malta
    9. Latvia
    10. Chile 

    Portugal 

    Coming in at number one was Portugal, where dual citizenship is allowed. The European country offers citizens a D7 Visa, a type of residency visa designed for people who have a stable passive income—making it a popular option for retirees. 

    What matters most to new international citizens is feeling secure and being able to build a real life in their new country, and Portugal excels at letting boomers build a new life without losing their roots. 

    “[Portugal] has institutional frameworks suggesting it will remain stable for the next 20-30 years of your retirement. Before making the move, research the country’s healthcare system rankings, political stability indices, and infrastructure investments. Visit during different seasons and talk to expat communities who’ve been there for 5+ years,” Casaburi added. 

    A single applicant needs about €870 per month in stable passive income. The processing time takes around 12 months. After the initial residency permit is granted and you’ve lived there for at least 5 years, you can apply to be a permanent citizen. Portugal also taxes its citizens on the income they make inside and outside of the country.

    Mauritius 

    Next at number two was the eastern African country, Mauritius. Retirees can obtain a residence permit by demonstrating a minimum monthly income of $1,500, with processing times typically around three months. 

    The permit allows the main applicant to include their spouse or legal partner, as well as dependent children, making it a family-friendly option. Retirees benefit from a territorial tax system, meaning foreign-sourced income is not taxed, and there are no wealth or inheritance taxes. After six years of residency, retirees become eligible to apply for citizenship, and dual citizenship is permitted. 

    Spain 

    Number three was Spain. The Spanish non-lucrative visa (NLV) is designed for non-EU citizens who wish to live in Spain without engaging in any work. To qualify, applicants should have a stable income of at least €2,400 per month. 

    Processing for a visa typically takes around three months. Once approved, residents are subject to Spain’s worldwide tax system and potential inheritance tax. The NLV provides a pathway to Spanish citizenship after 10 years of legal residence, or just 2 years for citizens of select Latin American and other historically connected countries. Dual citizenship is allowed, depending on the laws of the applicant’s country of origin.

    Uruguay 

    Coming in at number four was the South American country Uruguay, where residents need an income requirement of $2,000 of stable passive income a month. Processing time takes about one month. The main applicant can include spouse or legal partner, minor children and dependent adult children, there are no imposed taxes on foreign-sourced income, and no wealth and inheritance tax. Dual citizenship is allowed and the path to citizenship takes about 5 years. 

    Austria 

    Ending the top five was Austria. The country offers an independent residence permit as a pathway for people who can prove they have an income to support themselves while abroad. Processing time takes about 4 months and the main applicant could include a spouse, legal partner and minor children. For tax benefits, they have a worldwide tax system—meaning the country taxes its citizens on all their income, regardless of where it was earned—and no inheritance tax. The path to citizenship is 10 years, with dual citizenship allowed. 

    Are you looking to retire abroad? Fortune wants to hear from you. Contact Jessica.Coacci@fortune.com

    Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.

    [ad_2]

    Jessica Coacci

    Source link

  • CTM Pushes Results Announcement to November

    [ad_1]

    Corporate Travel Management has pushed back further the release of its 2025 fiscal year results as it continues to address an auditing issue with its financial reporting, the company announced.

    CTM last month said it had been informed by its auditors that it needed to adjust the timing of when certain revenues and costs were recognized in Europe between the 2025 fiscal year and previous comparative reporting periods. The travel management company said KPMG is conducting a “detailed review” of financial statements for the 2023, 2024 and 2025 fiscal years, and that the “significant amount of work” and “subsequent audit work” would not be completed by its previously set deadline of Sept. 25. CTM now expects to provide an update in November.

    CTM voluntarily suspended trading of its securities on the Australia Securities Exchange amid the audit, and that suspension will remain in place until its 2025 fiscal year accounts are released, the company said.

    [ad_2]

    mbaker@thebtngroup.com (Michael B. Baker)

    Source link

  • Bolt Business Promotes Hackett to Operations Director

    [ad_1]

    Ride-hailing app Bolt has promoted Bolt Business regional director for Europe Amy Hackett to global operations director for the division, the company announced Tuesday. 

    Hackett’s new remit includes “driving operational excellence by maximizing the strategic impact of Bolt Business teams, technology and processes.” Sales, partnerships, enablement and customer support now report directly to her. She also is responsible for planning and hiring, according to Bolt.

    While leading Bolt Business in Europe, Hackett grew the team from three people to 100 and launched the service in more than 200 cities, according to Bolt. 

    Bolt Business launched in 2018. It currently is available in more than 50 countries in Europe and Africa, according to the company.

    [ad_2]

    dairoldi@thebtngroup.com (Donna M. Airoldi)

    Source link

  • Animo Launches Next-Gen Live Gaming with Animated Hosts on Stake

    [ad_1]

    Animo Studios, founded by leading livestreamer and Fortnite champion Harley Fresh, has unveiled a collection of live, animated characters for online gaming. The platform launched exclusively with Stake on Monday, September 8, and is available for a limited time.

    Animo Promises a Unique Gambling Experience

    By blending advanced motion capture, live broadcasting, machine learning, and proprietary tech, Animo enables human hosts to become live-action characters. Each of them has its own name, backstory, and personality. Designed to deliver a highly immersive experience for online gamers and bettors, these animated hosts interact with real-world objects in dynamic virtual environments. Players can engage directly with their hosts, unlocking a new level of interaction, immersion, and trust.

    Animo is poised to transform table games, game shows, and more, according to Animo CEO Harley Fresh, who has nearly 8 million YouTube subscribers. He explained that the company is redefining how people play, connect, and engage in the online space. Fresh also noted that the live entertainment sector has remained stagnant for too long and emphasized the company’s vision to bridge the gap between gaming and iGaming.

    As mentioned, the service is supported by Stake, a leader in online betting and online casino games. Brais Pena, Chief Strategy Officer at Easygo, the Melbourne-based tech company behind Stake, highlighted Animo’s cutting-edge use of software and hardware. He explained that Animo elevates the entertainment experience to an entirely new level. He added that it’s precisely the kind of project Easygo is eager to support.

    What Else Does Animo Offer?

    Animo’s proprietary technology is built for scalability, with plans to expand beyond table games into live game shows and other upcoming products. The partnership between Stake and Animo opens significant opportunities for IP and brand development in the live entertainment and gambling space. To support this vision, Animo has teamed up with industry veterans known for their work with major brands such as Netflix, Warner Bros., and Universal Studios.

    As mentioned, Animo’s characters have their own unique personalities and looks. However, Animo will also give celebrities and influencers the chance to integrate IP-based characters into its platforms, game shows, and other formats, which will expand their reach to broader audiences. Positioned to draw in entirely new demographics and re-engage online players with live table games, Animo has already partnered with some of the world’s leading iGaming operators and aggregators. 

    [ad_2]

    Stefan Velikov

    Source link

  • Make Winning Investments in Dragon Gaming’s Crypto Jackpots

    [ad_1]

    Dragon Gaming has unveiled a new slot game that will dazzle all fans of crypto trading. The provider’s latest title is called Crypto Jackpots and, as its name suggests, will see players tackle the volatile cryptocurrency market.

    Crypto Jackpots Metrics

    • Rows: 1
    • Reels: 1
    • Paylines: Ladder
    • Volatility: Medium
    • RTP: 93.89%
    • Max win: 500x

    Do You Have What It Takes?

    Dragon Gaming’s latest slot game breaks the mould of slot gaming, introducing a fast-paced single-reel slot action. In this game, players will strive for one of three progressive jackpot prizes: the Mini, the Minor, and the Grand.

    By landing on crypto coins, players will increase the jackpots, while wild symbols will make it easier to win. Players can either risk it all and continue to grow their jackpots or decide not to risk a market crash and collect their Cashpot winnings early.

    With a RTP of 93.89% and a Grand jackpot of 500x the stake, Crypto Jackpots will keep players at the edge of their seats with each spin.

    Reach Satoshi-Level Fame

    In Crypto Jackpots, players can land on a variety of symbols, all of which will affect their payout differently. Collecting crypto token symbols will help players climb toward sky-high jackpots. The Dogecoin symbol will allow players to climb the Mini jackpot ladder. In the meantime, the Ethereum symbol will advance the Minor jackpot tracker, while Bitcoin will allow players to work toward the Grand jackpot.

    Wild booster symbols maximize the winning potential, allowing players to skip a few steps while the market crash symbol drains players’ liquidity, leaving them with empty pockets.

    As mentioned, Crypto Jackpots incorporates a “crash game” element allowing players to choose when to collect their winnings and when to continue. This effectively allows gamblers to adjust their playstyle to their risk appetite and enjoy Crypto Jackpots at their own pace.

    The release of Crypto Jackpots comes a month after Dragon Gaming launched Chick vs Croc, another game that put players’ nerve and love for risk-taking to the test.

    [ad_2]

    Angel Hristov

    Source link

  • Travelport Introduces TAP Air Portugal NDC Content

    [ad_1]

    TAP Air Portugal’s New Distribution Capability (NDC) content is now available to agencies connected to the Travelport Plus platform.

    The distribution agreement, first announced last November, includes all of TAP’s NDC fares, routes, services and ancillaries.

    The content can be accessed by Travelport Plus users in 29 countries, including Portugal, the U.K., U.S. and :the majority” of countries in the European Union, the companies said.

    [ad_2]

    Lauren Arena

    Source link