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Business News and Headlines
Business
October 6, 2023
MGM Resorts Cybersecurity Issue to Impact Q3 2023 Earnings
MGM Resorts International has revealed that the recent cybersecurity incident, which caused widespread disruptions across its North American operations, will have significant repercussions beyond damage to its reputation. The attack caused chaos and confusion among clients, with an upcoming lawsuit already in the works. Data breaches further exacerbated the issue, giving the hackers access to […]

Business
October 6, 2023
News Corp Divests Stake in Betr, Says Report
The up-and-coming betting start-up, Betr, launched its services last October with a groundbreaking promotional campaign. At the time, the company sought to establish a strong presence in the regulated gambling sector in Australia, while at the same time engaging and retaining a large customer base rapidly. Several months after its launch, Betr was hit with […]

Business
October 5, 2023
Konami Gaming Appoints Five New Directors
Konami Gaming has introduced major changes to its leadership team, announcing a series of new promotions. The company’s sales and business development teams will be reinforced with experienced new individuals whose job will be to help the company explore opportunities in key markets. Among the new appointees are Josh Faish and Justin Torres who have […]

Business
October 5, 2023
White Hat Agrees to Power Christchurch Casino’s Online Offering
White Hat Gaming, the leading iGaming platform and technology provider, powering the global betting and gaming sector, announced a new partnership, allowing it to significantly expand the reach of its technology. On Thursday, the company revealed it joined forces with the leading casino operator in New Zealand, Christchurch Casino. Under the terms of the new […]

Business
October 5, 2023
NagaCorp’s Financial Confidence Rises with Improved VIP Gaming
Prominent Hong Kong-listed casino operator NagaCorp remained confident it would fulfill its financial commitments, particularly as it approaches the maturity date of its outstanding senior notes in July 2024. This optimism is underpinned by the company’s bolstered cash reserves, significantly enhanced due to the stellar performance of its flagship property, the Cambodian integrated resort NagaWorld. […]

Business
October 5, 2023
Playtech Supplies Content to Adjarabet in Armenia and Georgia
International gambling technology leader Playtech has made a strategic foray into Georgia and Armenia thanks to a new partnership arrangement with Adjarabet, a local gambling powerhouse. The new deal will allow Playtech to expand its presence in the region, in line with the company’s pursuit of global expansion. At the same time, it highlights the […]

Business
October 5, 2023
Sazka to Benefit from OpenBet’s Neccton Technology via New Deal
The leading platform, content and service provider, powering betting and gaming operators, OpenBet, announced a new partnership with the Czech Republic lottery operator, Sazka. Announced Thursday, the new collaboration sees the operator strengthen its compliance capabilities with OpenBet’s gambling compliance solutions from Neccton. Back in July this year, OpenBet announced the acquisition of Neccton. The […]

Business
October 5, 2023
RubyPlay Inks Deal with Yellow Social Interactive, Enters US
The innovative business-to-business (B2B) iGaming content developer, RubyPlay, announced a new important partnership Wednesday. The company confirmed it entered the United States for the first time, thanks to a new content distribution deal with the fast-growing social gaming operator, Yellow Social Interactive (YSI). In addition to entering the US, the latest collaboration marked an important […]

Business
October 4, 2023
Paddy Power to Close 21 Shops, Promises to Support Affected Employees
Irish gambling company Paddy Power is set to close several shops in the country, local media outlets announced. According to the reports, the operator will be shutting down a total of 21 of its retail locations across Ireland. The company plans to close the venues in question because of their failure to perform well enough. […]

Business
October 4, 2023
GiG Leading Goldenpark’s Way into Ontario via Partnership Extension
The 2012-founded leading technology company that offers iGaming products, services, and solutions to operators, Gaming Innovation Group (GiG), has announced that its multiple-award-winning platform will support Goldenpark’s entrance into Ontario’s regulated online gaming market. The decision represents an expansion of the solid partnership that already exists between the two parties. Goldenpark’s First Deal Out of […]
