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Business News and Headlines
                          Business
                        January 18, 2024
          
          
            Betfair Promotes Rich Hayward to Managing Director Role
            
              Betfair, the world’s biggest online betting exchange that is also a part of Flutter Entertainment, strengthened its team with a senior-level promotion. Rich Hayward, an experienced executive with the company announced he was elevated to the role of managing director at Betfair for Flutter UK & Ireland. Announced Wednesday, the senior-level promotion marks the latest […]            
          
         
                  
      
                          Business
                        January 18, 2024
          
          
            Flutter Posts Strong Q4 Results, Plans to Retain Momentum in 2024
            
              The globally recognized betting and gaming operator, Flutter Entertainment, released its latest trading update, uncovering details regarding the company’s performance for the fourth quarter of 2023. The new unaudited report emerged Thursday and highlights strong growth in terms of revenue and the number of average monthly players (AMPs) for the latest trading period. Flutter posted […]            
          
         
                  
      
                          Business
                        January 18, 2024
          
          
            Atari’s Las Vegas Hotel May Become a Reality Very Soon
            
              Atari’s Las Vegas hotel might become a reality this year, according to reports. The planned Las Vegas property was first proposed in 2020 and will be one of the first locations for what Atari hopes to become a chain of branded hotels. GSD Group, the company behind the Atari-branded hotels project, provided renderings of the […]            
          
         
                  
      
                          Business
                        January 18, 2024
          
          
            Study Suggests Indiana Can Rake in Millions in Tax Revenue from iGaming
            
              Currently, less than ten US states offer legal online gambling activities. Unlike sports betting which is available in close to 40 states, iGaming activities are yet to lift off and expand across the country. Major online gambling markets are New Jersey, Pennsylvania, as well as Michigan. Considering the benefits the activity can bring, different states […]            
          
         
                  
      
                          Business
                        January 17, 2024
          
          
            888 Records 8% Annual Revenue Drop in 2023
            
              The UK-headquartered, leading betting and gaming company that acquired William Hill’s non-US business in 2022, 888 Holdings Plc, has published its post-close trading figures.  The report indicates an 8% decrease in the group’s annual revenue for the full year 2023, emphasizing important drops in the UK online and global markets. The fourth quarter’s revenue reached […]            
          
         
                  
      
                          Business
                        January 17, 2024
          
          
            Flutter Completes Majority Acquisition Deal with MaxBet
            
              Gambling giant Flutter Entertainment announced that it has completed its majority acquisition of MaxBet, a Serbian gambling operator. The move was officially announced in September 2023, with Flutter agreeing to pay €141 million (roughly $153 million, current rates) to acquire a majority stake in the Balkans-oriented company. The deal has now been closed, putting Flutter […]            
          
         
                  
      
                          Business
                        January 17, 2024
          
          
            Massachusetts Casinos, Betting Operators Post Strong December Results
            
              The gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), released its latest report Tuesday, outlining details regarding the performance of licensed sports betting and casino operators for December. Last month marked a strong period for brick-and-mortar casinos and sports betting operators, considering that the total taxable gaming revenue hit $163.6 million. This result marked […]            
          
         
                  
      
                          Business
                        January 17, 2024
          
          
            GLI Names Ginnie Hollis and Samantha Powell as VPs of Engineering
            
              Gaming Laboratories International (GLI), a provider of high-quality testing services to the gambling industry, announced two important promotions. As reported by the company, the experienced Ginnie Hollis and Samantha Powell have been promoted to vice president positions, reinforcing the company’s global leadership team. Ginnie Hollis, GLI said, is based in GLI’s office in Colorado, USA, […]            
          
         
                  
      
                          Business
                        January 17, 2024
          
          
            Aristocrat Launches NFL Super Bowl Link ahead of the Super Bowl
            
              Aristocrat Gaming continues the rollout of its NFL-themed slot games. Yesterday, the leading slot machine and casino game manufacturer released its new NFL Super Bowl Link. The new title is a class 3 game on Aristocrat Gaming’s popular MarsX Portrait cabinet and comes just in time for the real-life Super Bowl. Described as a high-volatility […]            
          
         
                  
      
                          Business
                        January 17, 2024
          
          
            Play’n GO Breaks through in West Virginia via RSI Partnership
            
              This newest expansion follows the success Play’n GO experienced with Rush Street Interactive (RSI)’s BetRivers brand in Michigan. The collaboration aims to replicate this success in West Virginia, bringing some of Play’n GO’s classic titles to Rush Street’s players. The leading supplier’s impressive US track record means the launch should significantly further its regional ambitions. […]            
          
         
                  
      