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Business News and Headlines
Business
December 10, 2024
BetMGM Names Ex-Fiat Chrysler Head Hurbis as New CMO
BetMGM, the joint venture between MGM Resorts International and Entain Holdings, has appointed seasoned marketing executive Casey Hurbis as its new chief marketing officer (CMO). Impressive Experience Over Three Decades The company praised Hurbis for his “innovative, needle-moving strategies” and extensive experience spanning over three decades in multiple industries. Hurbis joins BetMGM after a recent […]

Business
December 9, 2024
Allwyn Q3 Boosted by Strong Performance in Key Markets
Allwyn has published its preliminary unaudited financial results for the third quarter of 2024. As the company recorded increases across the board, CEO Robert Chvatal expressed excitement about its standout performance in Greece and Cyprus. A Strong Quarter for Allwyn In Q3 2024, Allwyn reported a total revenue of EUR 2.14 billion ($2.26 billion), marking […]

Business
December 9, 2024
Yolo Entertainment Enhances Leadership with New COO, Three Directors
Yolo Entertainment, the company behind several leading iGaming brands, has enhanced its team with the addition of a new chief operating officer and three new directors. The new appointees will bolster the group’s leadership, allowing it to maintain its growth curve. Sandra Vask Will Head the Daily Business Operations The new addition to the group’s […]

Business
December 6, 2024
Playtech Founder Buys Miami Mansion, Plans Big Changes
Teddy Sagi, the founder of the gaming software development giant Playtech, has purchased a huge waterfront home in Miami Beach. The billionaire is reportedly planning to demolish the old building and construct a state-of-the-art mansion. Sagi Envisions Erecting a High-Tech Mansion The home in question was sold to Sagi by a company related to the […]

Business
December 6, 2024
Hector Fernandez to Lead Combined IGT and Everi Enterprise as CEO in 2025
Hector Fernandez will take charge as CEO of the merged business combining International Game Technology’s (IGT) Gaming and Digital division with Everi Holdings, once the deal closes. Apollo Global Management Plans New Leadership Structure Post-Acquisition This news comes after Apollo Global Management affiliates bought both companies taking a big step to build a varied gaming […]

Business
December 5, 2024
TGLAB Acquires SysGaming, Targets LATAM Growth
TGLAB, an ambitious and progressive iGaming technology partner, has announced its acquisition of SysGaming, a Brazil-based gambling software provider. This agreement is set to enhance the former company’s overall capabilities and presence in the LATAM region. TGLAB Will Reinforce Its Position in LATAM TGLAB already boasts a robust footprint in Latin America, with its presence […]

Business
December 5, 2024
Sportradar CFO Discusses Strategic Growth and Innovation
At the Morgan Stanley Global Consumer and Retail Conference held on 4 December, Sportradar’s CFO, Craig Felenstein, shared perspectives on the company’s growth trajectory and strategic priorities. Felenstein emphasized a balanced commitment to organic growth and targeted acquisitions, leveraging the company’s robust financial foundation to maintain momentum despite rising macroeconomic challenges. Sportradar Carefully Evaluates M&A […]

Business
December 5, 2024
EveryMatrix Enters Croatia with First Omnichannel Deal with a T1 Partner
Leading provider EveryMatrix has unveiled a foray into yet another market. This time, the supplier’s cutting-edge products have taken off to Croatia where the company has teamed up with ArenaCasino. EveryMatrix’s First Omnichannel Deal with a Tier-1 Partner The new provision partnership was described as one of EveryMatrix’s largest projects of 2024. Per the deal, […]

Business
December 5, 2024
Robinhood Eyes Entry into Sports Betting Market
Robinhood Markets, the brokerage that has shaken up traditional trading platforms, is looking to jump into the sports betting sector. CEO Vlad Tenev revealed this information during the company’s first investor day hinting that the firm sees big cultural and customer worth in this field. Though Robinhood has not said it will do this, Tenev’s […]

Business
December 5, 2024
Aristocrat Gaming CEO Hector Fernandez Exits for Unnamed Competitor
Hector Fernandez, the boss at Aristocrat Gaming, has moved on, with the executive leaving the company with immediate effect, Aristocrat Leisure Limited confirmed in a filing on Thursday. Long-time Aristocrat Gaming veteran steps down from CEO post Fernandez has been a long-standing company veteran, and he first started as CFO at the Americas Gaming business […]
