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Business News and Headlines
Business
October 25, 2023
7777 gaming Inks Deal with Magicbet ahead of SiGMA Malta Participation
Fast-growing gambling content provider 7777 gaming has announced a partnership with another big Bulgarian gambling operator. As revealed, the supplier will inject content into Magicbet, a famous land-based operator that recently forayed into the online gaming space. As a visionary in gaming, Magicbet recognized the importance of tapping into the potential of iGaming. In order […]

Business
October 25, 2023
Shareholders Disagree With Tabcorp’s Remuneration Plan
The remuneration of Tabcorp’s executive sparked a debate at the company’s recent annual general meeting (AGM) that took place Wednesday, ultimately resulting in a dip of 4% in its stocks. More than one third of the company’s shareholders, or some 34%, disagreed with a proposed remuneration plan for Tabcorp’s senior-level members. The latest announcement comes […]

Business
October 25, 2023
Playtech Supplies Live Casino Content to FanDuel Canada
Playtech, a leading gambling software development company, has unveiled a new partnership agreement with the North American gaming powerhouse FanDuel. The new Canada-facing deal will see the former company roll out live casino content on FanDuel’s Canadian platform, reinforcing its local product offering. FanDuel will thus be able to channel more players toward its platform […]

Business
October 25, 2023
PointsBet Reports Slight Dip In Turnover Post US Assets Sale
The leading betting and iGaming company with a strong presence across Australia and North America, PointsBet, released its Q1 FY24 activities report, sharing insights regarding its performance for the latest trading period. The company released its report Wednesday, revealing that its total sports betting handle halted at AU$611.0 million ($387.5 million) for Q1 FY24. This […]

Business
October 25, 2023
GLPI Reportedly Mulls over Further Investment in Oakland A’s Vegas Stadium
Gaming and Leisure Properties (GLPI), a Wyoming-based real estate investment trust specializing in casino properties, might consider boosting its investment in a Las Vegas baseball stadium. The stadium in question will be on the site of Tropicana Las Vegas and has already secured $175 million from the company. This information comes from Mitch Germain, a […]

Business
October 25, 2023
Boyd Gaming Posts Increase in Total Revenue for Q3 2023
The leading land-based and online gambling operator with a strong presence in the United States, Boyd Gaming, released its latest financial results, outlining details regarding the company’s performance for the third quarter of 2023. The latest unaudited figures, encompassing the three months ended September 30, 2023, reveal that the company posted total revenue of $903.2 […]

Business
October 24, 2023
Jim Purcell Joins MiFinity as Chief Operating Officer
The global leader in digital payments and financial technology, MiFinity, announced a new senior-level appointment Tuesday. The company revealed that it hired Jim Purcell, an expert with significant financial experience, to the role of chief operating officer (COO). Becoming a part of MiFinity, he brings extensive experience after holding senior-level roles and overseeing the growth […]

Business
October 24, 2023
Catena Media Names Pierre Cadena VP Corporate Strategy
The leading global company generating high-value leads for betting and online casino operators, Catena Media, announced a new senior-level appointment. The company confirmed Tuesday it hired the seasoned expert with a track record in the media and entertainment sector, Pierre Cadena. Joining the company’s C-suite, he was appointed to the role of VP corporate strategy. […]

Business
October 24, 2023
Widerström Spends $1.16M to Double 888 Shareholding
Per Widerström, the new head of 888 Holdings, has purchased over a million company shares, drastically increasing his stake. The move highlights the new CEO’s confidence in the value of the company’s shares and his conviction that the shares will rebound. Widerström’s latest move saw him spend £949,000 (approximately $1.16 million) on a total of […]

Business
October 24, 2023
iTech Labs Parts Ways with Sreekumar, Names Rizaldi as New CEO
iTech Labs, a world-leading testing and certification laboratory for online gaming systems, announced that its founder, Kiren Sreekumar, has retired from his position as CEO and managing director. Sreekumar vacated his seat on October 11, in line with his planned retirement. Sreekumar founded iTech Labs in 2004 and, over almost two decades, cemented the company […]
