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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 […]
Business
February 16, 2024
Peru Greenlights Asensi Technologies and eCOGRA’s Certification Services
The Peruvian Ministry of Foreign Trade and Tourism has authorized Asensi Technologies and eCOGRA to offer their certification services in the country. Asensi Technologies Praises This “Significant Achievement” According to Asensi Technologies, its launch in Peru represents a significant achievement and attests to the company’s commitment to excellence and quality. The accreditation, Asensi Technologies hopes, […]
Business
February 16, 2024
Lottery.com Acquires SportLocker and Unveils Next-Gen Sports Entertainment Platform
Lottery.com, a prominent online lottery services provider, has made a strategic move in the digital entertainment landscape by acquiring S&MI Ltd, the parent company of SportLocker, and simultaneously launching it as Sports.com. This acquisition will see Sports.com emerge as a next-gen digital sports entertainment platform, blending innovative community-driven features with expansive content and technology. The […]
Business
February 16, 2024
DraftKings Posts Exceptional Q4 Results, Updates 2024 Guidance
The leading North American sports betting and iGaming operator, DraftKings, released its latest financial report. On Thursday, the company disclosed details regarding its performance for the fourth quarter and fiscal year 2023, highlighting a significant increase in revenue. DraftKings’ latest unaudited report reveals that its revenue for 2023 hit $3.67 billion. This result, compared to […]
Business
February 16, 2024
Betsoft Catapults Peruvian Presence via Retabet
Betsoft has unveiled a partnership with Peru’s premier gaming destination, retabet.pe. The deal will enhance the provider’s position in the LATAM region and will see it supply its new partner with a range of games. Betsoft Takes Retabet’s Offering “to the Elite Level” According to the announcement, cutting-edge titles such as Pho Sho, Super Golden […]
