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Business
July 2, 2024
BlueBet Exits Indiana, Initiates Review of US Assets
BlueBet has decided to pull out from the Indiana market amid various setbacks. In addition, the betting operator has initiated a strategic review of its operations in the United States. BlueBet originally entered the Indiana wagering sector through an agreement with Caesar Entertainment’s Horseshoe Hammond property. However, the Australian operator opted to cancel the deal, […]
Business
July 1, 2024
Werner Becher to Succeed Kristian Nylén as Kambi’s CEO
Kambi Group has appointed Werner Becher, an experienced gambling industry veteran, as its new chief executive officer. Set to replace the outgoing Kristian Nylén in late July, Becher will bring a wealth of experience, setting Kambi up for future success. The appointee is an industry powerhouse who has formerly served a variety of noteworthy companies. […]
Business
July 1, 2024
Analyst Bullish on MGM’s Potential Online Gambling Expansion
A few years ago, in 2022, MGM Resorts International announced the acquisition of LeoVegas, a leading sportsbook brand with a growing presence. Last week, the company confirmed its plans to acquire Tipico’s US platform in order to strengthen LeoVegas’ presence in the country, paving the way for its further growth and expansion. Although financial details […]
Business
June 28, 2024
GiG Names Christian Uhrenholt as Gentoo Media CFO
Gaming Innovation Group (GiG), the leading technology company that supplies iGaming operators with solutions, services and products, strengthened its affiliate business with the addition of Christian Uhrenholt. On Friday, the company announced it appointed the executive with extensive experience to the role of chief financial officer (CFO) of Gentoo Media, its successful affiliate business. The […]
Business
June 28, 2024
Entain UK Names Industry Heavyweight Charlotte Emery as CMO
Entain has appointed industry heavyweight Charlotte Emery as the new chief marketing officer of its UK business. In this position, she will be responsible for the brand’s marketing amid a transformational period. As mentioned, Emery is no stranger to the gambling industry, having already spent some four years at the British gambling giant William Hill. […]
Business
June 28, 2024
Nevada Gambling Operators Post Revenue Record in May
May marked an incredibly busy month for gambling operators across Nevada and Las Vegas in particular. Newly released data from the state gambling regulator, the Nevada Gaming Control Board (NGCB), reveals that nonrestricted gaming licensees reported a gaming win of $1.32 billion last month. The result marked a new May record for the state and […]
Business
June 27, 2024
FansUnite Asks Shareholders to Approve $37.5M Sale of Betting Hero to GeoComply
FansUnite Entertainment announced the sale of its Betting Hero business to GeoComply Solutions and Hero Group Corp. As per the deal, FansUnite will sell all outstanding shares for $37.5 million, $30.6 million of which will be paid in cash at the closing. FansUnite added that it expects approximately $20 million in net proceeds from the […]
Business
June 27, 2024
‘Soft2Bet Invest’ Innovation Fund Supports Industry Pioneers
Soft2Bet, a leading iGaming turnkey solutions provider, is excited to announce the launch of ‘Soft2Bet Invest’, an innovation fund nurturing the next wave of pioneering solutions in the iGaming and casual gaming sectors. This fund will provide financial and business support to entrepreneurs who share Soft2Bet’s passion for innovation and growth. The Company Is Confident […]
Business
June 27, 2024
New York Casino Bidder Vows $250M Community Investment
With three new downstate casino licenses up for grabs in New York, competition is fierce. So far, several recognizable gambling and entertainment operators have shown interest in developing a casino. Companies interested in submitting a license bid can do so by July 31, 2024, while the three new licenses are expected to receive approval by […]
Business
June 27, 2024
Station Casinos to Enhance Durango with New Garage and Gaming Area
Station Casinos is already planning to expand its Durango Casino & Resort Property just a few months after its opening. Located in the southwestern part of the Las Vegas Valley, the property is now set to receive a bigger parking lot and a new gaming area. Station Casinos’ plan is to significantly expand the property’s […]
