Business
April 14, 2023
Lottomatica Prepares for IPO, Targets $467M
Apollo Global, an American global private equity firm, has confirmed its IPO plans for the Lottomatica division, saying that it plans to have it go public on the Euronext Milan exchange by the end of April. The IPO is expected to help Lottomatica reduce its debt. According to the announcement, the IPO will consist of […]
Business
April 14, 2023
888’s FY 2022 Report Reveals Mixed Results, Management Remains Optimistic
888 Holdings’ FY22 results and Q1 2023 trading update showed strong performance in key verticals, but UK and Middle East compliance issues dampened performance in these jurisdictions. The William Hill acquisition was a significant investment that had a transformative effect on the group, substantially improving its 2023 prospects. Overall, 888’s leadership stood by its earlier […]
Business
April 14, 2023
Better Collective Deepens Moat with Skycon Limited Acquisition
Digital sports media group Better Collective has acquired Skycon Limited, a British global display advertising company, in a $57 million deal (converted to USD). The new acquisition will help the former company cement its leading position in sports media, helping it improve its advertising efforts. Skycon Limited was founded in 2017 and is a Newcastle-under-Lyme-based […]
Business
April 13, 2023
BeyondPlay Secures $5.5M in Latest Funding Round
BeyondPlay, a company that combines a custom-built platform with streaming technology and social features, has raised over $5.52 million thanks to its latest funding round. The software firm attracted the attention of several notable investors. BeyondPlay’s latest round was led by Bettor Capital, a US-based early-stage venture capital fund. It focuses on investments to providers […]
Business
April 12, 2023
Everi Enhances Games and Fintech Solutions with Acquisition of Video King
Everi Holdings Inc., a major provider of casino gaming products and services, has agreed to purchase certain assets of Video King, a top provider of integrated electronic bingo gaming devices and systems for $59 million. The acquisition is expected to be immediately beneficial to the company’s earnings and cash flow. Video King Licenses in 60 […]
Business
April 12, 2023
Aristocrat Leisure adds Jennifer Aument as Non-Executive Director
Aristocrat Leisure Limited, the Australian gaming and gambling company, has announced the nomination of Jennifer Aument as its new non-executive director. Aristocrat Welcomes Jennifer Aument to Board, Cites Strong Infrastructure and Digital Tech Skills Jennifer Aument’s previous leadership roles in large US and Australian infrastructure companies, including her recent role as global transportation chief executive […]
Business
April 11, 2023
Intralot Posts 2022 Results, Prepares to Face Economic Difficulties in 2023
Intralot, an international gaming solutions and operations leader, has published its FY 2022 results, showing slight group revenue decrease. Despite the setbacks, the positive annual and quarterly EBITDA changes attested to the effect of the company’s strategy. Intralot reported FY 2022 group revenue of $428.7 million (converted to USD), marking a 5.1% year-on-year decline. EBITDA, […]
Business
April 11, 2023
GeoComply Reinforces Team with Ex-Secret Service Special Agent
The leading geolocation, fraud and risk services provider, GeoComply, strengthened its team of experts by hiring a former US Secret Service Special Agent. The company unveiled Tuesday it expanded its Risk Services team with the addition of Michael Dawson, a former Secret Service Special Agent with more than two decades of experience. Dawson marks the […]
Business
April 11, 2023
MeridianBet Vows Support for UN’s Global Compact Initiative
The popular online sports betting and gaming group, MeridianBet Group, reaffirmed its commitment to sustainable growth and responsible business practices by joining a global initiative. The company confirmed Monday it joined the United Nations (UN) Global Compact initiative. The unique initiative, which thousands of companies have joined already, supports the voluntary development of a platform […]
Business
April 11, 2023
Private Equity Firms Show Interest in Israel-Based Playtika
The Israel-based digital entertainment company, developing and publishing mobile gambling games, Playtika, continues to pursue options for a strategic combination or takeover. It was back in February last year when the company confirmed plans for a strategic combination and even the possibility of a sale. Not unexpectedly, since the announcement, Playtika’s shares picked up. Despite […]
