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Business News and Headlines
Business
November 16, 2021
Playmaker Records Profits in Q3 of 2021; Gross Profits Reach $4.5 Million
The third-quarter revenue of Playmaker, the sports media company, reached $4.8 million. This is a massive improvement from the same period in 2020, when it did not record revenue at all. The main contributor towards the Q3 revenue of Playmaker this year are the acquisitions that the company had in the recent period. Playmakers’ Gross […]

Business
November 16, 2021
Rhode Island Lottery Sees Significant Increase in Fiscal Year Profits
According to Monday’s statement from Rhode Island lawmakers, the Rhode Island Lottery brought in nearly $302 million for the state’s general funds for the fiscal year ending June 30. This is nearly $18 million more than the previous year. However, in the prior year, the state’s lottery revenues were more than $397 million. Rhode Island […]

Business
November 16, 2021
ComeOn Introduces C-Level Changes to Meet Growing Demand
ComeOn Group has announced that it has reorganized its C-level leadership after announcing three new executives who will lead its product, technology, and performance marketing units. The changes come as the company continues to see strong demand for its iGaming solutions, ComeOn Adds Execs The B2C gambling subsidiary of Cherry AB has promoted Cristiano Blanco […]

Business
November 15, 2021
Online Casino PlayStar Appoints Gustav Vadenbring as CFO
Online casino brand PlayStar announced today its senior management team would have a new addition following the appointment of Gustav Vadenbring as the brand’s chief financial officer (CFO). ‘Major Coup’ The appointment of industry veteran Vadenbring to the online casino brand effective January 10, 2022, is coming during a period in which final preparations for […]

Business
November 15, 2021
Spelinspektionen Issues a Remark for Betsson over Football Betting Breaches
Last year, the Gambling Act in Sweden was amended in a way to prohibit licensed sportsbooks from accepting bets on penalties such as yellow cards in football. According to a statement released by the Swedish Gaming Inspectorate (Spelinspektionen) on Monday, Betsson received a reprimand regarding breaches of those rules. Spelinspektionen Finds That Betsson Accepted Bets […]

Business
November 15, 2021
Change at the Helm of Microgaming as CEO Coleman Steps Down
Global supplier of online gaming software Microgaming announced today its CEO John Coleman would be stepping down from the executive role at the end of the year and would be succeeded by the company’s COO, Andrew Clucas. Stepping Down as CEO Microgaming chief executive officer Coleman will step down on New Year’s Eve as CEO […]

Business
November 15, 2021
Karsten Fogh Holanng Named CEO of Danske Spil
Danske Spil’s board has elected a new Licens Spil (licensed games) chief executive, set to take over in 2022 – Karsten Fogh Holanng. Licens Spil is the online gambling and sportsbook unit of Denmark’s gambling operator, which is owned by the state. Holanng Will Take Over in February 2022 Before being appointed as Licens Spil’s […]

Business
November 15, 2021
CGA Appoints New Members to Board of Directors
The Canadian Gaming Association (CGA) is expanding its Board of Directors following its Annual General Meeting on November 10, 2021, when the Board decided to appoint four new directors, the CGA announced today. ‘Testament to Exponential Growth’ The CGA’s Board of Directors added Scott Burton, chief executive officer of FansUnite Entertainment, Neil Erlick, chief corporate […]

Business
November 15, 2021
FUN88 and Tottenham Hotspur Celebrate 10 Years Together
FUN88 is celebrating its 10th anniversary with Premier League soccer club Tottenham Hotspur in Asia and Latin America. The sports betting operator was one of the first to secure partnership rights with a premier soccer club and use it as part of its advertising efforts in Latin America and Asia. The Spurs are FUN88’s official betting partner for the regions, and […]

Business
November 15, 2021
DraftKings’ Permanent Sportsbook at Foxwoods Open For Business
The Foxwoods Resort Casino has a new DraftKings sportsbook that “softly” opened to the public on Saturday. It boasts more than 12,000 square feet, including a 50-by-30-foot LCD monitor, 300 linear foot wall-hugging TV screens, two full bars and food service on both floors, plush furniture and two dozen beers on tap. Topping it all […]
