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Business
November 11, 2024
PointsBet Quashes Takeover Rumors
A report published a few days ago suggested that an unidentified Asian company is interested in acquiring Australian betting powerhouse PointsBet. The latter company, however, has now come forward to deny the hearsay. The Report Alleged an Asian Company Is Interested in PointsBet The original report was posted on Friday by The Australian. In its […]
Business
November 11, 2024
Game Lounge Expands Global Reach with Meneer Casino Acquisition
Game Lounge, a leading global iGaming affiliate company, has struck a strategic deal to strengthen its European presence by acquiring Two Kings Consultants B.V., the parent company of the acclaimed Dutch iGaming affiliate site Meneer Casino. This strategic acquisition aligns with Game Lounge’s ambitions to expand into regulated markets. The Two Companies Have a Shared […]
Business
November 11, 2024
DraftKings Considers Political Betting in the Wake of the Election
The US presidential elections are now over, cementing Trump’s return to the White House. Sports betting giant DraftKings is already looking far ahead, eyeing political betting opportunities for the next election. A Very Different Framework In a conference call, the company’s chief executive officer, Jason Robins, acknowledged the intense political betting activity. He called non-sports […]
Business
November 11, 2024
DraftKings CEO Emphasizes Strong Growth Potential in Online Sports Betting
DraftKings CEO Jason Robins shared a positive outlook on the future of online sports betting pointing out big chances to grow and expand even with recent money changes. In a talk with Jim Cramer, who hosts CNBC’s Mad Money, Robins spoke about how the company did in Q3 2024 and gave his thoughts on the […]
Business
November 8, 2024
Evoke Shifts Focus to Europe with 2025 iCasino Shutdown in Michigan
Releasing its Q3 financial results recently, Evoke hinted at its plans to abandon the market in the United States and focus on European markets where it already enjoys exceptional growth. Part of that plan affects the company’s operations in Michigan via Sports Illustrated Casino and Sportsbook. The Company Offloads US B2C Assets Under Evoke’s plan, […]
Business
November 7, 2024
Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials
Catena Media is eyeing new cost-cutting measures after challenging third-quarter results in 2024. The Malta-based company, specializing in digital marketing for the online gambling sector, saw its quarterly revenues dip by one-third, from EUR 15.9 million ($17.2 million) to EUR 10.7 million ($11.58 million) year-on-year. These results mark a trend of revenue decline that CEO […]
Business
November 7, 2024
Enteractive Appoints Lukasz Zebrowski as Head of Compliance
Enteractive, a specialist in betting and gaming player retention and reactivation, has reinforced its leadership with a new head of compliance. The company named the experienced Lukasz Zebrowski to the position, tasking him with the important role of ensuring that the company is compliant with the markets where it operates. Enteractive Is Committed to Remaining […]
Business
November 7, 2024
Super Group Q3 Report Shows Africa Focus Is Paying Off
Super Group, Betway’s parent company, has published its financial report for the third quarter of the year, reporting a record-breaking revenue figure. The company attributed its amazing financials to its growth in key markets such as Africa, Europe and Canada. Super Group’s Strongest Q3 Yet Super Group, which operates Betway and Spin, reported revenue of […]
Business
November 6, 2024
Livesport’s Flashscore Network Acquires BeSoccer’s Asset Portfolio
Livesport‘s flagship product, the Flashscore network, has successfully completed the acquisition of BeSoccer, a Spanish platform specializing in live scores, statistics, and news dedicated to soccer fans. The Largest Acquisition in Livesport’s History The strategic move with undisclosed terms underlines the brand’s commitment to expanding its presence in the sports tech industry, bringing an additional […]
Business
November 6, 2024
Kambi Maintains Growth Trajectory with Solid Q3 Results
The trusted provider of sports betting services and solutions, Kambi, released its latest financial update, pointing to strong results for the third quarter of 2024. Share Repurchase Program Announced with Q3 Financials On Wednesday, the company confirmed that its Q3 revenue hit €43.0 million ($46.3 million), a figure that pointed to a single-digit increase when […]
