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Business
September 25, 2023
Mark Stebbings Plans to Step Down from COO Role with Betfred
The leading gaming and sports betting company that has a rich history of more than 50 years and operates more than 1,350 betting shops, Betfred, would soon have to start looking for a new group chief operating officer (COO), after Mark Stebbings, who currently holds the role, announced his plans to leave the company. The […]
Business
September 25, 2023
Entain Hit by Regulatory Headwinds, Prepares for Slower Online Growth
The global gaming, sports betting and interactive entertainment company, Entain, released a new report Monday, providing an update on its current trading as well as FY 2023 guidance. The recent report included details regarding strategic actions that seek to drive shareholder value and accelerate its operational performance. Focusing on current trading, Entain said that has […]
Business
September 25, 2023
The Star Entertainment Group to Raise $770,000 to Cover Existing Debts
The Star Entertainment Group, an Australian casino and hospitality company, continues to encounter financial trouble following its recent regulatory hurdles. Amid these difficulties, the company unveiled its plans to raise AUD 1.2 billion (around $770,000) to reinforce its business and deal with existing debts. As outlined in an ASX announcement, Star Entertainment will use a […]
Business
September 25, 2023
Loto-Quebec Posts Strong Revenue for Q1 of Fiscal 2023-2024
Loto-Quebec, the Canadian lottery and casino operator, released its latest financial results, outlining details regarding its performance for the first quarter of the fiscal year 2023-2024. In its latest report, the operator confirmed that it has seen total revenues of CA$711.2 million ($528.2 million), as well as a consolidated net income of CA$380.9 million ($282.9 […]
Business
September 22, 2023
GiG Selects Jonas Warrer for Acting Group CEO Role
The leading iGaming technology company delivering services and solutions to the iGaming vertical, Gaming Innovation Group (GiG), announced a new strategic senior-level appointment. On Friday, the company confirmed that its Board of Directors selected Jonas Warrer to serve as acting group CEO. GiG explained that the appointment is effective immediately. Taking on the role of […]
Business
September 21, 2023
Soft2bet Continues European Push with Italian Expansion
The business-to-business (B2B) casino and sportsbook platform provider, delivering reliable and seamless solutions and services to the online gambling sector, Soft2Bet, announced it continues its expansion across Europe. The company revealed Wednesday that it will expand into the Italian gambling market. This expansion, Soft2Bet confirms, is possible thanks to its recent acquisition of a Maltese […]
Business
September 21, 2023
Second Quarter Gambling Revenue in Spain Soars by 55%
Spain represents an important gambling market on the Old Continent. Currently, the country offers online gambling, as well as sports betting, bingo and fantasy contests. Recently, the gambling regulator in Spain, the Directorate General for the Regulation of Gambling, released its most latest report, revealing details regarding the performance of licensed gambling operators for the […]
Business
September 21, 2023
Play’n GO Becomes a Signatory of The Climate Pledge
Play’n GO, a Swedish-based casino entertainment provider, has signed The Climate Pledge, joining a community of over 400 other companies. By joining the initiative, the supplier has reiterated its commitment to a sustainable and environment-friendly future. The Climate Pledge was created in 2019. The initiative requires all participants to reduce their carbon emissions, eventually achieving […]
Business
September 20, 2023
Gambling Sector in Pennsylvania Posts Strong August Results
The gambling regulator in Pennsylvania, the Pennsylvania Gaming Control Board (PGCB), releases monthly reports revealing details regarding the performance of regulated gambling operators in the state. Such reports include insights regarding the total revenue generated from all forms of gambling, including slots, table games, online gambling, sports betting, video gaming terminals (VGTs) and fantasy contests. […]
Business
September 20, 2023
Pragmatic Play Creates Bespoke Live Casino Game for 1xBet
Leading online casino content provider Pragmatic Play has unveiled an expansion of its partnership with 1xBet. Under the renewed agreement, the former company will supply its client with a bespoke live casino game show called Wheel of Luck. According to the announcement, the new game is based on Pragmatic Play’s beloved Mega Wheel game show. […]
