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Business News and Headlines
Business
November 6, 2023
FDJ Completes PLI Acquisition, Expands International Presence
La Française des Jeux (FDJ) has completed its acquisition of Premier Lotteries Ireland (PLI). Valued at over $400 million, the deal will expand FDJ’s presence in Europe and turn it into a major international company. The deal was originally announced this summer when FDJ unveiled its plans to acquire PLI’s entire share capital. PLI is […]

Business
November 6, 2023
Jennifer Barber to Step Down from NorthStar Gaming CFO Role
The owner and operator of NorthStarbets.ca, an online casino and sportsbook gaming platform in Ontario, NorthStar Gaming, unveiled future changes to its senior-level team. The company has announced that its current chief financial officer (CFO), Jennifer Barber, intends to step down from her role. The C-suite change is effective a month from now, starting from […]

Business
November 6, 2023
Bally’s Reports Strong Q3 Performance amid Regulatory Challenges
Bally’s Corporation’s third-quarter trading report revealed consistent growth across most metrics, reflecting its successful efforts to adapt to rising industry challenges. The United Kingdom is emerging as an increasingly significant market for the renowned US gambling group despite the country’s ongoing regulatory changes. Such successful financial results should set the stage for further growth in […]

Business
November 6, 2023
Pernille Holbøll Returns to Better Collective as Senior Director of AI Editorial Content
Pernille Holbøll, Better Collective’s former group branding and media senior director, has returned to the company in a newly created position. The experienced appointee joins the leading digital sports media group as senior director of AI editorial content & editorial innovation. Holbøll’s first time as a member of the company was in 2022 when she […]

Business
November 6, 2023
GiG Agrees to Integrate Jooba Tech’s Jackpot Management System
The leading iGaming technology company, offering services, solutions and products for the online gambling industry, Gaming Innovation Group (GiG), has announced a new partnership with Jooba Tech, an industry-leading provider of solutions for the iGaming vertical. Under the terms of the freshly minted agreement, GiG agreed to integrate Jooba’s revolutionary Jackpot Management System into its […]

Business
November 6, 2023
Konami Posts H1 FY2024 Results, Reports Increase in Gaming & Systems Segment
Entertainment powerhouse Konami Group has posted its results for the first half of the fiscal year. The company reported its results for the six-month period ended September 30, marking a sharp increase in its Amusement and Gaming & Systems segments. The company’s overall revenue increased by 3.7% year-on-year to JPT 153.9 billion (roughly $1.02 billion). […]

Business
November 6, 2023
Evolution Navigates Challenges in US Market, Explores M&A Opportunities
In the midst of intensifying competition in the US live dealer market, Evolution Group is contemplating its position, considering potential mergers and acquisitions, according to a recent report by Eilers & Krejcik Gaming (EKG). Evolution Navigates RNG Hurdles and Explores IGT Acquisition While Evolution has been thriving in the North American live casino segment, it […]

Business
November 3, 2023
DraftKings’ Q3 Results and Improved Guidance Highlight the Success of Its Strategy
DraftKings has published its Q3 2023 results, updating its guidance thanks to its strong performance. The American betting company posted revenue of $790 million for the period – a figure that represents a staggering 57% year-on-year increase from the $502 million recorded in 2022. In the wake of this strong figure, DraftKings raised its FY […]

Business
November 3, 2023
BetMGM Launches Borgata Bingo Online App in NJ
Gambling juggernaut BetMGM has announced the launch of Borgata Bingo online in New Jersey. The new online bingo platform provides local consumers with access to the first 75-ball real money online bingo product in America. The new product is built for BetMGM by Entain and leverages the former company’s experience in the global gaming sector […]

Business
November 3, 2023
Legal Betting Market in Kentucky Grows Steadily since Launch
Early in September, Kentucky introduced retail and mobile sports betting. Nearly two dozen mobile and land-based sports betting operators licensed in the state started offering their services to bettors and sports fans alike. The move of lawmakers to legalize sports betting comes as no surprise, considering the growing popularity of the activity across the United […]
