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Business News and Headlines
Business
April 21, 2023
Flutter Ranked Top Employer on LinkedIn’s Top Companies List
The distinction further exemplifies the company’s commitment to supporting its team members across various jurisdictions as the company steers towards an ever-expanding presence in the global regulated gambling industry. Best Place to Work in the Gambling Industry Flutter is presently ranked #2 in LinkedIn’s Top Companies List in Ireland, and the company, which hires some […]
Business
April 20, 2023
LVS Q1 Results Skyrocket as Asian Markets Rebound
Las Vegas Sands posted its financial results for the first quarter of the year, highlighting a robust recovery in Macau and Singapore. The leading integrated resort developer reported impressive revenues from its Asian operations. LVS reported Q1 net revenue of $2.12 billion which is over two times higher than the figure recorded in Q1 2022. […]
Business
April 18, 2023
Monte-Carlo Société des Bains de Mer Adds New CFO
Monte-Carlo Société des Bains de Mer, a Monaco-based casino and hospitality company, has designated Vincent Bouvet as its new chief financial officer. The new hire took office yesterday, April 17, the company said. Bouvet is a 49-year-old professional who has extensive experience in finance. Prior to joining Monte-Carlo Société des Bains de Mer, the new […]
Business
April 18, 2023
Entain Posts Strong First Quarter Results with Revenue Up 22%
The global sports betting, entertainment and gaming group, Entain, released its latest trading update, outlining a strong performance of the company for the first quarter of 2023. The group released its report for the trading period between January 1 and March 31, 2023, pointing to a significant growth in net gaming revenue (NGR), complemented by […]
Business
April 18, 2023
ESA Gaming Continues Italian Expansion via BetFlag Deal
The provider of innovative games, ESA Gaming, announced a new partnership with the operator BetFlag. Details of the new deal emerged Tuesday and see the operator benefit from ESA Gaming’s non-traditional EasySwipe content. Thanks to the new partnership, the innovative games provider expands further the reach of its content. But the deal brings benefits for […]
Business
April 18, 2023
Stakelogic Delivers Content for OneCasino in the Netherlands
The provider of engaging games for the iGaming sector, Stakelogic, announced a new deal with the leading operator in the Netherlands, OneCasino. Announced Tuesday, the new collaboration sees the operator tap into a portfolio of games provided by Stakelogic. Thanks to the new deal, OneCasino gains access to a range of modern video slots, as […]
Business
April 18, 2023
MSG Entertainment Sells Majority Stake in Tao Group Hospitality
Madison Square Garden Entertainment Corp. has agreed to sell its 66.9% majority interest in Tao Group Hospitality, the nightlife and dining company behind the brands Lavo, Hakassan, and Marquee, to Mohari Hospitality, PokerStars co-founder Mark Scheinberg’s investment company. Upon completion of the sale, MSG Entertainment expects to receive net cash proceeds of approximately $300 million. […]
Business
April 17, 2023
Better Collective Boosts Efforts in Digital Display Advertising with Skycon Limited
Skycon Limited will be brought under Better Collective’s roof and provide the established media company with a number of cutting-edge solutions that should help it to establish a more “audience-based” approach when seeking to further its marketing strategies. Skycon will fit nicely with Better Collective’s existing Paid Media approach, helping the division significantly expand its […]
Business
April 14, 2023
Lottomatica Prepares for IPO, Targets $467M
Apollo Global, an American global private equity firm, has confirmed its IPO plans for the Lottomatica division, saying that it plans to have it go public on the Euronext Milan exchange by the end of April. The IPO is expected to help Lottomatica reduce its debt. According to the announcement, the IPO will consist of […]
Business
April 14, 2023
888’s FY 2022 Report Reveals Mixed Results, Management Remains Optimistic
888 Holdings’ FY22 results and Q1 2023 trading update showed strong performance in key verticals, but UK and Middle East compliance issues dampened performance in these jurisdictions. The William Hill acquisition was a significant investment that had a transformative effect on the group, substantially improving its 2023 prospects. Overall, 888’s leadership stood by its earlier […]