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Todd Cravens Named President of Betson Gaming Division

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H. Betti Industries Inc, the leading distributor of amusement and gaming equipment and parts, has announced the appointment of Todd Cravens as President of Betson Gaming. In this expanded leadership role, Cravens will oversee all aspects of its growing gaming division, with a focus on expanding market share, building the product portfolio, and accelerating growth in new and existing markets.

Since joining the Company in January 2025 as Senior Vice President of Gaming, Cravens has made an immediate and measurable impact across the business. His leadership has helped sharpen Betson’s gaming strategy, align the team, and focus on new revenue streams, while also bringing operational discipline and strategic vision to other areas of the company.

“Todd has quickly proven himself to be a dynamic and transformative leader and a key member of our senior Leadership team. In a short period of time, he’s elevated not just our gaming business but added value across the entire enterprise. We’re excited for what’s ahead as he takes this next step,” said Bob Geschine, President of H. Betti Industries.

With decades of experience in gaming and amusements, including prior roles as CEO of Galaxy Gaming and other executive leadership positions in the casino and amusement industries, Cravens brings a unique blend of industry expertise, customer focus, and entrepreneurial energy.

As President of Gaming, Cravens will focus on:

‱ Expanding Betson’s gaming footprint in key regulated markets

‱ Driving new product partnerships

‱ Leading legislative strategy for emerging markets

‱ Building a high-performance sales and service organization

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‱ Enhancing Betson’s brand as a leader in both gaming and amusements

“The Betson name has a rich legacy in gaming and amusements, and I’m honored to lead our efforts to take that to the next level. This is a growth story — and we have a talented team, a great product portfolio, and a tremendous opportunity to grow our business and help our customers win,” said Cravens.

Cravens will continue to be based in Betson’s Henderson, Nevada office and will report directly to Bob Geschine, President of H. Betti Industries.

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Quick Custom Intelligence Unveils One Big Beautiful Bill ‑Optimized Win/Loss Toolkit – A Simple Path Through the 90% Cap

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Quick Custom Intelligence Unveils One Big Beautiful Bill ‑Optimized Win/Loss Toolkit – A Simple Path Through the 90% Cap

 

Quick Custom Intelligence (QCI) announced the release of its trade secret protected BBB‑Optimized Win/Loss toolkit, a new package available across QCI Host¼, QCI Marketing¼, and QCI Playerℱ that helps casinos and their patrons navigate the upcoming 90% wagering‑loss cap contained in the “One Big Beautiful Bill Act.” (BBB).

Built With Gaming‑Tax Experts

Working hand‑in‑hand with nationally recognized gaming advisors, QCI has engineered a turnkey toolkit that will ensure that more than 99% of players experience zero to minimal tax impact—from penny‑slot enthusiasts to high‑limit table gamers.

“Our customers asked how to keep their players engaged once the BBB Act takes effect. We worked through the long weekend and delivered a compliance‑ready answer that puts actionable information in both the patron’s and the accountant’s hands—while keeping our intellectual property secure,” said Andrew Cardno, Co‑Founder & CTO of QCI.

Key Features

Proprietary Tax‑Optimization Engine – Automatically aggregates each player’s activity using QCI’s confidential methodology, delivering precise win/loss figures compliant with BBB requirements.

90%‑Cap Readiness Dashboard – Highlights any year‑to‑date gain total that exceeds 90% of losses, flagging potential “phantom‑income” exposure before tax filing day, and suggests remedial actions that are available to the player.

One‑Click CPA Export – Generates a clean PDF/CSV packet suitable for Form 1040 attachment—eliminating the need for manual spreadsheets.

Rapid Roll‑Out – Delivered as a standard content pack; no schema changes, no downtime.

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Availability

The BBB‑Optimized Win/Loss toolkit is shipping today to all cloud and on‑prem customers running AGI55 or later. Operators can enable it in hours via routine configuration.

Quick Custom Intelligence (QCI) builds award‑winning operational, marketing, and player‑development tooling for the global gaming industry.

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BOYD GAMING TO SELL FANDUEL INTEREST FOR $1.755 BILLION

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BOYD GAMING TO SELL FANDUEL INTEREST FOR $1.755 BILLION

 

All-Cash Transaction Unlocks Significant, Unrealized Value for Boyd Shareholders
Boyd, FanDuel Extend Market-Access Agreements through 2038

Boyd Gaming Corporation announced it has entered into a definitive agreement to sell the Company’s 5% equity interest in FanDuel Group to Flutter Entertainment plc for cash consideration of $1.755 billion.

The transaction is expected to close in the third quarter of 2025, subject to regulatory approvals. The Company intends to use net proceeds to reduce debt.

Keith Smith, President and Chief Executive Officer of Boyd, said: “This transaction unlocks the tremendous unrealized value that our investment in FanDuel has created for our Company. As a result, we are in a significantly stronger financial position to continue executing our strategy of investing in our properties, pursuing growth opportunities, returning capital to our shareholders, and maintaining a strong balance sheet.”

In addition to purchasing Boyd’s equity interest in FanDuel, Boyd and FanDuel will terminate certain existing market-access agreements between the parties and enter into new agreements to provide, among other things, for an extended term through 2038. The agreements will also provide Boyd with a fixed fee per state from FanDuel’s mobile sports-betting operations in Iowa, Indiana, Kansas, Louisiana and Pennsylvania, as well as FanDuel’s online casino operations in Pennsylvania, upon the close of this transaction.  FanDuel will also continue to operate Boyd’s retail sportsbooks outside of Nevada through mid-2026, after which time Boyd will assume responsibility for these operations.

Under terms of the revised market-access agreements with FanDuel, the Company now expects its Online segment will generate $50 million to $55 million in operating income and Adjusted EBITDAR for the full year 2025, and approximately $30 million in 2026.

Smith added: “The partnership between Boyd and FanDuel has been a remarkable success for both companies.  FanDuel has emerged as the nation’s clear leader in online sports-betting, while Boyd has been able to leverage this partnership to profitably participate in the rapid growth of sports betting across the country.  It has been a privilege to work with the Flutter and FanDuel teams, and we look forward to supporting FanDuel’s continued growth and success through our market-access agreements across the country.”

Moelis & Company LLC served as exclusive financial advisor to Boyd Gaming on the transaction.  Morrison & Foerster LLP served as legal advisor to Boyd Gaming on the transaction, with Brownstein Hyatt Farber Schreck, LLP advising on the commercial agreements.

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Pavilion Payments Partners with Pawnee Nation to Deliver Seamless Casino Funding Solutions Across All Three Properties

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Pavilion Payments, the leading omnichannel payment solutions provider in the gaming industry, has announced a partnership with Pawnee Nation, launching a suite of VIP Preferred funding solutions at their three properties: StoneWolf Casino, Trading Post Casino, and TeePee Casino and Smoke Shop.

Through this partnership, Pawnee Nation will leverage Pavilion Payments’ industry-leading VIP Preferred eCheck and Choice4 deferred settlement services at both the cage and VIP Financial Center self-service kiosks. Cash advance will be available at the cage, while the kiosks will offer multi-factor authentication (MFA) and ATM access, providing players with secure, convenient, and flexible funding options. Additionally, Pawnee Nation will implement VIP Shield, Pavilion Payments’ comprehensive Title 31 compliance solution, to enhance security and streamline regulatory compliance.

“We’re proud to partner with Pawnee Nation and support their ongoing commitment to delivering exceptional guest experiences. Our mission is to empower operators with secure, efficient, and forward-thinking payment technologies. We’re honored to support Pawnee Nation as they continue to drive innovation in the gaming space by streamlining transactions, strengthening compliance capabilities, and enhancing player satisfaction,” said Dan Connors, Chief Executive Officer of Pavilion Payments.

“Partnering with Pavilion Payments allows us to offer our players flexible and hassle-free funding options backed by trusted, industry-leading technology. This partnership aligns with our commitment to deliver exceptional guest experiences while supporting operational excellence across all three properties,” said Robert Wallar, CEO of Pawnee Tribal Development Corp.

By deploying Pavilion Payments’ integrated solutions, Pawnee Nation is making it easier for guests to access their funds and enjoy a more seamless and secure experience—while giving casino operators more control, insight, and efficiency in their payments environment.

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