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Business News and Headlines
Business
October 17, 2023
Canada’s Gateway Casinos Contemplates $2B Sale Amidst Industry Shifts
Gateway Casinos & Entertainment Ltd., one of Canada’s leading gambling enterprises, is currently weighing its strategic options, considering a potential sale or other avenues, sources familiar with the matter disclosed. The company, which boasts 31 gaming properties scattered across British Columbia, Ontario, and Alberta, is actively seeking a valuation of around $2 billion, including a […]

Business
October 16, 2023
Mansion Group Shuts Down Casino.com and MansionCasino.com
Several months after leaving the UK market, Mansion Group has also unveiled the shutdown of its B2C brands, Casino.com and MansionCasino.com. As reported by SBCNews, the two brands will cease to operate in less than two weeks. Things haven’t been easy for the Gibraltar-based casino brand, which was also forced to cease trading its MansionBet […]

Business
October 16, 2023
Per Widerström Officially Assumes CEO Position at 888
Per Widerström, Catena Media’s former non-executive director, has begun work as 888 Holdings’ new chief executive officer. The appointment, which was announced earlier this year, will see the appointee relocate to London to stand at the head of the prestigious gambling company. Widerström boasts some 17 years in the online casino industry and has served […]

Business
October 13, 2023
Sports Betting Handle in Indiana Grows in September
The gambling regulator in Indiana, the Indiana Gaming Commission, released its latest report, revealing details regarding the performance of sports betting operators for the month of September. The recent report reveals that the betting handle posted by regulated betting operators last month hit $404.1 million, marking a year-over-year increase. A comparison to the $382.5 million […]

Business
October 13, 2023
Disney Ready to Enter the Sports Betting Arena with ESPN Bet App
Disney is making a significant leap into sports betting by launching the ESPN Bet app next month. While the move has stirred internal debates and concerns, the allure of attracting a younger, predominantly male audience and tapping into the growing sports betting industry has proven too compelling to ignore. The Partnership Leverages Disney and Penn’s […]

Business
October 13, 2023
Asia Leads Online High-Stakes Market According to SOFTSWISS
According to data from premium iGaming technology provider, SOFTSWISS, alongside information resulting from its Casino Platform data analysis, the Asian continent is currently in the lead in terms of VIP gambling. At the same time, Europe continues to be the highest-ranking continent when it comes to financial performance and the generation of revenue. Let’s take […]

Business
October 13, 2023
Elys Unveils US-Facing Online and Mobile Sports Betting Brand
The leading interactive gaming, sports betting and technology company, Elys Game Technology, confirmed its plans to expand further within the regulated betting sector across North America. On Thursday, the company introduced www.SportBet.com, its new online and mobile sportsbook focused on the market in the United States. Through its new Elys America platform, the company plans […]

Business
October 13, 2023
Mohegan Names Greene as VP of Online Marketing of Digital Division
Casino & hospitality giant Mohegan has reinforced its leadership team with the addition of Guy Greene. The new appointee will serve as vice president of online marketing of the gambling company’s online casino division, helping it expand its footprint. In his new role, Greene will be responsible for enacting the company’s marketing strategies and promoting […]

Business
October 13, 2023
Hofbauer Departs Svenska Spel, Set to Join Telia as CEO in 2024
Swedish state-owned gambling company Svenska Spel announced that it will be parting ways with Patrik Hofbauer, who is set to explore new opportunities. Hofbauer, currently serving as the operator’s president and chief executive, believes that the gambling company is in a good position to continue without him. The outgoing CEO joined Svenska Spel back in […]

Business
October 13, 2023
Scientific Games Welcomes Angela Goodwin as VP of Operations
In a move to further strengthen its global presence, Scientific Games has announced Angela Goodwin as the new vice president of operations for their renowned instant game management program. Goodwin Takes the Helm at Scientific Games’ Enhanced Partnership Program With 16 years of expertise in lottery instant product manufacturing and management, Goodwin is set to […]
