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Business News and Headlines
Business
October 25, 2023
PointsBet Reports Slight Dip In Turnover Post US Assets Sale
The leading betting and iGaming company with a strong presence across Australia and North America, PointsBet, released its Q1 FY24 activities report, sharing insights regarding its performance for the latest trading period. The company released its report Wednesday, revealing that its total sports betting handle halted at AU$611.0 million ($387.5 million) for Q1 FY24. This […]

Business
October 25, 2023
GLPI Reportedly Mulls over Further Investment in Oakland A’s Vegas Stadium
Gaming and Leisure Properties (GLPI), a Wyoming-based real estate investment trust specializing in casino properties, might consider boosting its investment in a Las Vegas baseball stadium. The stadium in question will be on the site of Tropicana Las Vegas and has already secured $175 million from the company. This information comes from Mitch Germain, a […]

Business
October 25, 2023
Boyd Gaming Posts Increase in Total Revenue for Q3 2023
The leading land-based and online gambling operator with a strong presence in the United States, Boyd Gaming, released its latest financial results, outlining details regarding the company’s performance for the third quarter of 2023. The latest unaudited figures, encompassing the three months ended September 30, 2023, reveal that the company posted total revenue of $903.2 […]

Business
October 24, 2023
Jim Purcell Joins MiFinity as Chief Operating Officer
The global leader in digital payments and financial technology, MiFinity, announced a new senior-level appointment Tuesday. The company revealed that it hired Jim Purcell, an expert with significant financial experience, to the role of chief operating officer (COO). Becoming a part of MiFinity, he brings extensive experience after holding senior-level roles and overseeing the growth […]

Business
October 24, 2023
Catena Media Names Pierre Cadena VP Corporate Strategy
The leading global company generating high-value leads for betting and online casino operators, Catena Media, announced a new senior-level appointment. The company confirmed Tuesday it hired the seasoned expert with a track record in the media and entertainment sector, Pierre Cadena. Joining the company’s C-suite, he was appointed to the role of VP corporate strategy. […]

Business
October 24, 2023
Widerström Spends $1.16M to Double 888 Shareholding
Per Widerström, the new head of 888 Holdings, has purchased over a million company shares, drastically increasing his stake. The move highlights the new CEO’s confidence in the value of the company’s shares and his conviction that the shares will rebound. Widerström’s latest move saw him spend £949,000 (approximately $1.16 million) on a total of […]

Business
October 24, 2023
iTech Labs Parts Ways with Sreekumar, Names Rizaldi as New CEO
iTech Labs, a world-leading testing and certification laboratory for online gaming systems, announced that its founder, Kiren Sreekumar, has retired from his position as CEO and managing director. Sreekumar vacated his seat on October 11, in line with his planned retirement. Sreekumar founded iTech Labs in 2004 and, over almost two decades, cemented the company […]

Business
October 24, 2023
Light & Wonder Finalizes SciPlay Acquisition
Leading gambling products and services provider Light & Wonder has finalized the acquisition of SciPlay Corporation, a developer and publisher of digital games on mobile and web platforms. Announced earlier this year, the M&A deal was signed in early August. Under the deal, Light & Wonder acquired the remaining 17% equity interest in SciPlay for […]

Business
October 23, 2023
Sisal Selects Sian Carson for Chief People Officer
Sisal, the leading online gambling operator that is a part of Flutter Entertainment, announced an important C-suite appointment. The company revealed on Friday that it selected the seasoned expert with significant organizational and HR experience, Sian Carson, for the role of chief people officer. Joining Sisal’s C-suite, she is expected to oversee strategic processes related […]

Business
October 23, 2023
GAN Obtains Regulatory Approval from Nevada Gaming Commission
The leading international business-to-customer sports betting operator and North American business-to-business provider of real money internet gaming solutions, GAN, announced it achieved a major milestone in Nevada. The company revealed Friday that it secured regulatory approval from the Nevada Gaming Commission, the state governmental agency in charge of regulating gambling activities together with the Nevada […]
