You're right they don't have a board and definitely weren't punished by both the FTC/DOJ for anti-trust and manipulative business practices.

Just a small mom and pop shop that somehow seems to elude themselves from the typical braindead MBA playbook of ruining lives to justify their shitty business decisions.

Hopefully the beloved indie game studio can navigate these waters successfully! Lots of sharks out there that like to rat fuck the commons for personal gain, wouldn't want that to happen to the gaming company that helped normalize gambling to children.

Market in this context doesn't necessarily mean the publicly traded markets, it can mean the investor market (and their ability to raise), the financial market (their ability to get loans or other financial products), all of these things are dependent on their overall company performance, which can be manipulated in the short term by mass firing 1k employees so some executive can hit a KPI and get their bonus. Ya know, sociopathic stuff like that.

Just a company with 40%+ of ownership from Tencent, Disney and Sony (all public traded companies). You could have googled this