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Business News and Headlines
Business
May 3, 2023
Caesars Publishes Q1 Report, Seeks to Reduce Outstanding Debt
Caesars Entertainment has published its Q1 2023 report, highlighting its financial performance during the period. The company recorded rising net revenues, while net losses continued to decrease. In Q1 2023, Caesars saw its quarterly revenues rise to $2.8 billion, representing an increase of 23.7% from Q1 2022’s results. Meanwhile, the company’s net losses decreased as […]
Business
May 3, 2023
Betfred and US Integrity Hit the Refresh Button on Long-Standing Partnership
The wholly-owned American subsidiary of Betfred Group which operates more than 1400 betting shops and online and mobile products across the UK and South Africa has decided to extend its lucrative partnership with US Integrity. The two started collaborating in 2020 when the sports wagering monitoring company started to provide the sportsbook with its top-tier […]
Business
May 3, 2023
Flutter Posts Strong First Quarter Results with Revenue Up 54%
The international sports betting and gambling company, Flutter Entertainment, released a new trading update, outlining its performance for the first quarter of 2023. Judging by the preliminary figures revealing the performance for the three-month period ended March 31, 2023, the company has seen strong growth in revenue as well as an increase in its number […]
Business
May 3, 2023
Kambi Group Secures Independence and Bolsters Capital Flexibility
Kambi’s impressive 2022 financials have given the group sufficient leeway to sort out its capital and achieve improved flexibility, aiding its objectives and providing additional shareholder value. The two recent measures should make the company significantly more attractive to investors and enable it to pursue its goals on its own terms. The Company Secured Its […]
Business
May 3, 2023
Microgaming Promotes Stephen Fisk to CEO Role
Gambling software company Microgaming, confirmed Tuesday a senior-level leadership change. The leading developer of iGaming software and solutions revealed that Stephen Fisk has taken over the role of chief executive officer (CEO). The appointment, which Microgaming says is with immediate effect, sees Fisk take over the role from Andrew Clucas. Stepping in as CEO, Fisk […]
Business
May 3, 2023
GLI Bolsters Global Leadership Team with Key Appointments
Gaming Laboratories International (GLI), a globally recognized provider of gaming testing and assessment services, has announced the promotion of four of its leaders within the organization. Mackenzie Haugh, James Boje, Devon Dalbock, and Martin Britton have been elevated to strategic positions within GLI’s leadership, reflecting the organization’s commitment to providing world-class delivery and exceptional customer […]
Business
May 2, 2023
Altenar’s Partnership with Atomo Marks a Significant Milestone
Altenar’s deal with a global operator and platform provider like Atomo Gaming should bolster both companies and create new growth opportunities. The developer has gathered substantial momentum in 2023, expanding across Latin America and the Balkans. Atomo will benefit from Altenar’s comprehensive multi-channel software solutions, further diversifying its offerings. Atomo Empowers Its Rapid Global Expansion […]
Business
May 2, 2023
ParlayBay Expands Global Footprint via Dafabet Deal
The leading provider of innovative sports betting titles, ParlayBay, announced a new partnership with the popular and trusted operator Dafabet. Seeking at expanding in strategic markets in Asia and India, the new deal will see Dafabet’s platform introduce popular games from ParlayBay. Such titles include CS:GO, as well as the recently released Stack ‘Em esports […]
Business
May 2, 2023
Betty.ca Secures Funding in a HappyHour-led Round
HappyHour.io, a gaming investor, unveiled an investment in Betty.ca, an Ontarian online casino brand. Betty will use the money to consolidate its presence in its home market and further expand its footprint in North America. HappyHour explained that it decided to support the casino company because of its unique positioning, proprietary platform and experience management. […]
Business
May 2, 2023
EveryMatrix Names Gonzalo De Osma Bucero Chief Financial Officer
The provider of software and solutions for the online gambling industry, EveryMatrix, announced a senior-level appointment Tuesday. The company unveiled it strengthened its leadership team by hiring the experienced gaming executive with extensive knowledge, Gonzalo De Osma Bucero. Joining EveryMatrix, he was appointed to the role of chief financial officer (CFO). In his new role, […]