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Business
January 22, 2024
Action Network CEO to Step Down at the End of January
In November 2018, sports betting-oriented Action Network appointed Patrick Keane as chief executive officer. Now, the company considered “the most trusted source for sports betting insights & analytics” is getting ready to bid farewell to Keane at the end of his five-year tenure in the leading position. This is because Keane has announced his resignation […]
Business
January 22, 2024
Kindred Posts Strong Q4 Results amid Takeover Bid from FDJ
The leading global online gambling operator, Kindred Group, released a new report, highlighting details regarding its fourth quarter and full year 2023 performance. The new preliminary financial report revealed that the overall revenue of the company for Q4 2023 hit £312.9 million ($398 million). This result marked an increase of 2% when compared to the […]
Business
January 22, 2024
FDJ Explores Blockbuster $2.5B Deal to Acquire Kindred Group
France’s premier lottery and sports-betting operator, La Française des Jeux (FDJ), is on the verge of clinching a monumental deal to acquire the Stockholm-listed Kindred Group for approximately $2.5 billion. Kindred Group Purchase Signals Ambitious Online Gambling Expansion for FDJ FDJ, a dominant force in France’s lottery and offline sports betting arena is seeking to […]
Business
January 19, 2024
Curaçao Gaming Control Board Adds Cedric Pietersz as Supervisory Board MD
The Curaçao Gaming Control Board announced that it has added Cedric Pietersz to its supervisory board. The appointee will serve as the board’s new managing director from February 1, 2024, the body added. Pietersz lacks prior experience in the gambling industry but boasts over 20 decades of experience in the fields of management and supervision. […]
Business
January 19, 2024
Play’n GO Smashes Daily Active Players’ Record in December
The leading supplier of casino entertainment responsible for creating premium business-to-business online slots, Play’n GO, has proclaimed the month of December 2023 as the highest-performing month in all of its history. Play’n GO has reached a record number in terms of rounds played, daily active players, as well as gross gambling revenue. Here is a […]
Business
January 19, 2024
Social Betting Specialist Dabble Seeks US Expansion
Dabble, a fresh Australian social betting platform, is already eyeing expansion in the USA. This announcement follows its recent foray into the region. For reference, Dabble was founded in 2020 and offers a variety of socially-charged betting experiences to its fans. Its clients can follow other users, chat with friends and other bettors, comment on […]
Business
January 19, 2024
OnAir Entertainment Launches Investigation into Corporate Espionage Allegations
Several days ago, live casino specialist OnAir Entertainment was accused of corporate espionage. The company is now seeking to combat these allegations and prove them wrong. For reference, the allegations stem from Ivans Ivanovs, the company’s former senior product owner. Ivanovs accused OnAir’s game portfolio lead, Igors Veliks, of maintaining user access to Playtech’s internal […]
Business
January 19, 2024
Deutsche Bank Analyst Reevaluates Q4 Projections for Las Vegas Sands
Las Vegas Sands, the globally recognized hospitality and gaming company, confirmed the launch of a massive revamp at Marina Bay Sands back in February 2022. Earlier this week, the second phase of the project was initiated which involved a $750 million reinvestment. Again, this week, Las Vegas Sands’ share price target marked an increase. Carlo […]
Business
January 19, 2024
Caesars Entertainment Preliminary Q4 Results Fail to Meet Expectations
Caesars Entertainment (NASDAQ: CZR) provided a preliminary view of its fourth-quarter results in a Form 8-K filing with the Securities and Exchange Commission (SEC), indicating that the company might miss analysts’ EBITDA and sales projections. Likely expecting this development, the company recently announced a new tender offer, hoping to solidify its financial position. Most Metrics […]
Business
January 18, 2024
EveryMatrix Co-Founder Hornsletten Moves to CEO of Games
The bold iGaming provider leading the way with innovative solutions, EveryMatrix, has announced that its co-founder, Stian Hornsletten, will move to the position of chief executive officer of the Games division at the start of next month. The news comes after the WLA Safer Gambling–certified company appointed Nikolina Gabelica as the new head of lottery […]
