Business
February 2, 2023
DraftKings Lays Off 3.5% of Its Global Workforce
DraftKings has joined FedEx and Rivian Automotive in announcing job cuts, aligning with a growing trend among US corporations. The company announced the move aims to boost efficiency and will affect about 140 jobs. A Major Portion of the Job Cuts Are in Europe, Asia, and the Middle East The majority of the impacted positions […]
Business
February 2, 2023
Better Collective Buys 5% Stake in Catena Media
The news was reported in a very short press release from Better Collective stating that the company is satisfied with its investment and does not wish to comment on it any further. The Start of a Collaboration Between Fierce Rivals It is interesting to see how the two companies will collaborate. Up to now, they […]
Business
February 2, 2023
BetMakers Forgoes Matt Tripp Compensation Package
As reported by the Financial Review, the company decided against a possible payment of a compensation of AU$ 7 million ($5 million) for the famous gaming entrepreneur. BetMakers explained that the canceled bonus payment comes after Tripp did not deliver a “transformational deal” for the company. Considering the hefty compensation, the deal, reportedly was a […]
Business
February 1, 2023
Simplebet’s Micro-betting Products Exploded in Popularity during the NFL Playoffs
The company reported rising interest in its products during the first three rounds of the National Football League Playoffs. It also noted that some of its niche markets have been very active, with one of the biggest markets being the “Who will score a touchdown on this drive?” bet. Many Were Interested in Micro-betting The […]
Business
February 1, 2023
Sportradar Selects Severine Riviere for Chief People Officer
The company revealed Wednesday it expanded its leadership team by appointing Riviere to the position of chief people officer. The appointment is with immediate effect and sees Riviere bring more than 20 years of experience. In her role as a part of Sportradar, she will spearhead the company’s human resources management and strategy. As chief […]
Business
February 1, 2023
Paddy Power Secures “Superbrand” Status for Its Leading Campaigns
The gambling company with online and retail operations spread across Ireland and the UK has been recognized as a superior and creatively engaged brand in the British gaming market. The brand known as “Home of the Money Back Special” has received the yearly accolade from the center that does independent consumer surveys to determine which […]
Business
February 1, 2023
Entain Reports Strong Fourth Quarter and 2022 Growth
On Wednesday, the company revealed it has seen an increase in its net gaming revenue (NGR) for the fourth quarter as well as the full year 2022. Judging by Entain’s latest report, NGR for Q4, which includes the period between October 1 and December 31, 2022, increased by 11% when compared to the corresponding period […]
Business
February 1, 2023
Flows Brings Its No Coding Solutions to Vincitù
As a result, Flows will deliver its innovative no-code platform that allows partners to synthesize and create new gaming products and solutions, relying on automation tech and various features that require no prior knowledge of coding languages. The No Coding Future of Development Arrives at Vincitù Flows’ innovative product allows partners to access various data […]
Business
February 1, 2023
Gaming Realms Posts Strong Results as CEO and CFO Change
The company’s new appointment coincides with a strong uptake in the company’s results during 2022, where revenue increased by the outstanding 27% on a year-over-year basis. New Executive to Preside Over Company’s Strong Growth Segal previously served as a financial officer for the company, and he is privy to the way its finances and operations […]
Business
February 1, 2023
Mohegan Becomes Casino Partner of Soloviev Group for NY Bid
The bid for the project comes after recently, the gambling regulator in the state, the New York State Gaming Commission, opened an application request for the development of three downstate casinos. Those strategic projects are expected to deliver long-term value, boost tourism and deliver unique experiences for the visitors, something that both Soloviev Group and […]
