Business
April 27, 2023
Betsson Posts 30% Revenue Increase for Q1 2023
The globally recognized company that manages and invests in fast-growing businesses primarily within the iGaming vertical, Betsson AB, published its interim report covering the period between January and March 2023. The new financial report reveals the company enjoyed a strong start of 2023 with revenue increasing year over year. In Q1 2022, Betsson reported revenue […]
Business
April 27, 2023
Evolution Celebrates Stellar 2023 Start with Q1 Revenue Increase
Leading business-to-business (B2B) solutions provider for the iGaming industry Evolution released its results for the first quarter of 2023. Judging by the latest figures, between January and March this year, the company reported strong growth with operating revenue hitting €429.6 million ($474.4 million). This result, when compared to the corresponding period in 2022 when the […]
Business
April 27, 2023
REEVO Supplies Livespins with Content, Agrees to Distribute the Product
Livespins, a socially-charged slots platform, has announced a partnership agreement with the casino content developer and aggregator REEVO. As agreed, the latter company will provide its full slots portfolio to Livespins. Livespins adds a social element to playing slot games, allowing customers to bet behind a streamer, brand ambassador or celebrity acting as a host. […]
Business
April 27, 2023
Flutter Shareholders Expected to Greenlight US Listing
Earlier this year, Flutter Entertainment, the global gaming and entertainment company, announced its plans to consult with its shareholders for an additional US listing. Currently, the company is listed on the London Stock Exchange. However, considering the growth of FanDuel in the US, it sought to consult its shareholders on whether or not to engage […]
Business
April 27, 2023
ICRG Appoints Nicole Scott as Director of Tribal Nations Relations and Comms
Nicole Scott will serve as International Center for Responsible Gambling (ICRG) director of tribal-nations relations and communications, the institution confirmed in a press release. Scott will be tasked with various responsibilities, including the development and maintenance of existing relationships with tribal communities and organizations. Tasked with Overseeing the Full Communication She will be in charge […]
Business
April 26, 2023
Boyd Gaming Shows No Signs of Slowing Down, According to Q1 Results
Boyd Gaming has built upon its substantial 2022 momentum, capitalizing on its diverse and resilient portfolio. Successful launches in new jurisdictions and the further development of existing markets were instrumental in maintaining revenue and EBITDAR growth. Such stellar results put the operator in a comfortable position to consolidate its market position and remain vigilant for […]
Business
April 26, 2023
Rivalry to Receive $7.3M in Pinnacle-led Funding Round
Rivalry, an international sports betting and media company will receive $7.34 million (converted to USD) in funding through a new financing round. To that end, the company will issue up to 6,666,666 subordinate voting shares at a price of $1.10 each. The funding round will be led by Pinnacle and will feature a variety of […]
Business
April 26, 2023
David Hammond Steps in as UK Tote Group CCO
The Group is appointing David Hammond as CCO for the United Kingdom whereas Jon Knapman will step in as CCO for the company’s global markets. The new appointments will strengthen the company’s operational capabilities and bring a pair of well-versed industry veterans, capable of scaling the Group’s domestic and international reach. Hammond Ready to Help […]
Business
April 26, 2023
Kindred Unveils Review of Strategic Alternatives
Kindred Group, a company behind several major gambling brands, announced that it has launched a review of strategic alternatives to maximize shareholder value. Its board of directors will now explore approaches that Kindred can take to bolster its business. The process will see Kindred’s directors evaluate its world-class portfolio of iGaming and online sports betting […]
Business
April 26, 2023
Kambi Reports Revenue Increase of 19% For Q1 2023
The business-to-business (B2B) provider of sports betting services and solutions for the gambling industry, Kambi Group plc, released Wednesday its unaudited report outlining the company’s performance for the first quarter of 2023. Judging by the figures, the company reported growth with revenue hitting €44.0 million ($48.6 million) in Q1 2023. This result, when compared to […]
