Hasbro climbs after new casino licensing deals

Evolution AB (publ)

01/07/2025 14:45

** Shares of toymaker Hasbro HAS.O rise as much as 2.8% to a near three-year high $75.89 in early trading

** Co announces new multi-year licensing partnerships with casinos including Aristocrat Technologies ALL.AX, Evolution EVOG.ST, Galaxy Gaming GLXZ.PK and Bally’s BALY.N

** "Hasbro has a nearly 30-year history of licensing its age-appropriate IP to the gambling sector. With this new lineup of partners, the company is expanding access to entertainment experiences that reimagine its brands for a growing base of adult fans and gamers," the company says company

** Up to last close, stock has risen 32% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))