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Business News and Headlines
Business
February 21, 2024
Caesars to Acquire WynnBET’s Michigan iGaming Operations
The leading betting and gaming operator, Caesars Entertainment, announced an important acquisition, allowing it to significantly strengthen its footprint in one of the six online gambling markets across the United States. On Tuesday, the company confirmed the acquisition of WynnBET’s Michigan iGaming operations. In other words, Caesars acquired the company’s online gambling operations in the […]

Business
February 21, 2024
Aruze Lands 14 Tribal Approvals and Four More State Licenses
Leading supplier of innovative gaming solutions committed to delivering unparalleled entertainment experiences, Aruze Gaming Global (AG2), has “proudly” announced it managed to secure a series of regulatory approvals from 14 tribal entities spread all across the United States. The company, which displays a versatile portfolio of state-of-the-art services and products, also obtained licenses from the […]

Business
February 20, 2024
Flutter Entertainment’s Singular Names Phil Garner Managing Director
The international software company that is a part of the world’s leading gaming and sports betting operator Flutter Entertainment, Singular, announced an important senior-level appointment. The company revealed on Tuesday it selected Phil Garner for the role of managing director. In his new position with Singular, he is expected to play an instrumental role in […]

Business
February 20, 2024
UFC Names Stake.com as Official Partner
Stake.com, the leading crypto gambling website, has formed a major new partnership agreement with the UFC, the world’s premier mixed martial arts organization. As the MMA association’s official partner, Stake will unleash a variety of exclusive UFC-themed experiences. According to the announcement, Stake.com will provide martial arts fans with many exclusive promotions, VIP experiences and […]

Business
February 20, 2024
FDJ Reportedly Considers Divesting Sporting Solutions
La Française des Jeux (FDJ), the premier lottery and sports betting operator in France, confirmed earlier this week that it will officially launch its public tender offer for Kindred Group. The announcement came after its blockbuster $2.5 billion bid was approved by the Swedish gambling regulator with the company confirming that the offer is expected […]

Business
February 19, 2024
Kambi Extends Platform Deal with PENN through December 2025
Kambi Group, a provider of premium sports betting services to licensed B2C gaming operators, announced that it has extended its retail sportsbook platform deal with PENN Entertainment. As a result, Kambi will continue to supply its partner’s land-based casinos with its sports betting suite. Under the terms of the original partnership deal, Kambi was set […]

Business
February 19, 2024
Flutter’s Elders Leaves 11-Year Position for Better Collective
Anthony Elders took it to his LinkedIn account to announce he will be leaving the London FTSE100- and Euronext-listed online sports betting and gaming company that operates innovative and distinctive brands, Flutter Entertainment. Elders, who spent close to 11 years with Flutter’s PokerStars, Paddy Power, and Betfair in various positions, will join Better Collective at […]

Business
February 19, 2024
Swintt Supplies Light & Wonder’s Aggregation Platform with Games
Leading gaming software developer Swintt has minted a new partnership with the American gambling content powerhouse Light & Wonder. Under the deal, the latter company will distribute its new partner’s cutting-edge games through its global distribution network. The agreement will expand Swintt’s global footprint, allowing its premium titles to reach millions of new players. As […]

Business
February 19, 2024
Betsson Returns to the Netherlands via $30M Holland Gaming Technology Acquisition
Online gambling group Betsson announced its re-entry into the Dutch market via the acquisition of Holland Gaming Technology and Holland Power Gaming. The EUR 27.5 million ($29.6 million) deal will allow Betsson to triumphantly return to the Netherlands after its exit several years ago. The gambling group had to pull out from the newly-regulated Dutch […]

Business
February 19, 2024
Wynn Resorts Executives Sell $3M in Company Stock
Recently, several DraftKings executives sold nearly $80 million worth of company shares. This was evident from Form 144 filings released by the company, confirming that executives dumped some $78.8 million in company shares between January 22, 2024, and February 8, 2024. The list of DraftKings executives who sold part of the company’s shares includes Jason […]
