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Angel Hristov's latest articles
Business
August 16, 2022
Genius Sports’ Q2 Results Show Strong Growth
Sports data and tech company Genius Sports posted its financial results for the second quarter of the year. The company recorded high revenues, while its losses plummeted. Genius Sports’ Revenues Increased Genius Sports said it earned $71.1 million during the second quarter of the year. Notably, this number represents a 27% increase on the 2021 […]
Industry
August 16, 2022
BluBet Approved for Virtual Slots in Germany
Gambling and sports betting brand BluBet has been approved to operate virtual slot games in Germany. The company received the virtual slot machine license from the State Administrative Office of Saxony-Anhalt and will now be able to diversify its offer in the country. BluBet Receives a Virtual Slots License The license approval is welcome news […]
Sports
August 16, 2022
Sharp Becomes SportsGrid’s Lead Pro Football Analyst
SportsGrid, a provider of live sports news and odds, has reinforced its team with Warren Sharp as its new lead pro football analyst. The NFL specialist will host live reports and keep sports fans updated on the latest developments in the league. Sharp Joins SportsGrid Sharp joins the sports news company amid the National Football […]
Industry
August 16, 2022
Notable Industry Experts Back Kinectify’s Funding Round
Kinectify, a provider of modern risk-management software designed by AML practitioners, shared that it has raised a preferred seed round. Several notable companies and investors opted to support the compliance firm. Investors Support Kinectify’s Funding Round Kinectify’s cutting-edge tech provides operators with compliance solutions that help them navigate the regulatory landscape and prevent fraud on […]
Business
August 16, 2022
EBet to Lay off Workers as Part of Profitability Plan
EBet, a global provider of advanced esports wagering products and technology, will be laying off over half of its workers. The company cited profitability goals as the reason for the drastic measures. EBet Announced Profitability Plan In May, EBet posted its results for the second quarter of the fiscal year. Although the company’s revenues rose […]
Industry
August 16, 2022
ParlayBay to Power TOPsport with Sports Betting Games
ParlayBay – an iGaming startup focused on creating immersive sports betting experiences – will power the Lithuanian sports betting giant TOPsport with its critically-acclaimed sports betting products. ParlayBay Agrees to Power TOPsport with Games The agreement will see ParlayBay provide TOPsport.lt with its full suite of sports betting games. This will include cutting-edge titles such […]
Sports
August 15, 2022
Animal Capital and Other Investors Fund 20Shots
20Shots, a business-to-business developer of fantasy sports software, has received extra funding to power its business. Investors supplied the company with $482,334, helping it reach a valuation of $6 million. 20Shots Received Half a Million in Funding The success of Fantasy5, 20Shots’s Premier League-themed fantasy sports product, attracted the attention of notable investors, including Animal […]
Industry
August 15, 2022
Sightline Promotes Four Women to Leadership Positions
Sightline Payments, a provider of cashless payment solutions, has strengthened its team with four new promotions. The company picked four loyal employees and provided them with leadership roles. The four employees that Sightline opted to promote are Felicia Gassen, Kathleen Duffy, Katie Kuthe and Rose Zwirn. Each one of them has served the company for […]
Casino
August 15, 2022
Genting Singapore Posts H1 Results
Genting Singapore, Singapore-based regional leisure, hospitality and integrated resorts development specialist, posted its financial results for the first half of the year. Although the company’s overall revenue increased, its profits suffered amid high costs and changes in the regulatory landscape. Genting Singapore’s Revenues Increased Genting Singapore, which operates Resorts World Sentosa, reported revenue of $481.8 […]
Industry
August 15, 2022
Inspired to Acquire PlayAGS, Reports Have It
Inspired Entertainment, a provider of gambling machines and technology, may soon acquire PlayAGS, an NYSE-listed producer of gaming tables and interactive solutions. According to reports, the former company put forward $370 million to acquire PlayAGS. Inspired Entertainment to Acquire PlayAGS Reuters first reported Inspired Entertainment’s intentions. However, PlayAGS soon confirmed the rumors by saying that […]
