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Business News and Headlines
Business
November 2, 2023
ESPN BET Is Set to Officially Launch on November 14
ESPN BET, one of the most highly-anticipated online sports betting platforms in the United States, finally has an official launch date. As announced by ESPN, the new online sportsbook is set to debut on November 14. ESPN BET is set to launch in a total of 17 states, including Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, […]

Business
November 2, 2023
Jelly Entertainment Completes Wundermachine Acquisition
Jelly Entertainment, the fast-growing UK-based iGaming developer, has announced the completion of the acquisition of Wundermachine, a leading provider of technology and social gaming content. The acquisition represents an important part of Jelly’s plan for growth and expansion on a global scale. By acquiring Wundermachine, the company anticipates strengthening some of its strategic operations, including […]

Business
November 2, 2023
GiG Moves for Andrew Cochrane as Platform & Sportsbook CBO
The 2012-founded leading iGaming technology company that supplies products, services, and solutions to iGaming operators, Gaming Innovation Group (GiG), has announced the appointment of ex-DraftKings and SBTech executive Andrew Cochrane as its new chief business officer for Platform & Sportsbook. The move, which will see the new CBO work together with Platform & Sportsbook’ recently […]

Business
November 2, 2023
RSI Publishes Q3 Report, Highlights a Quarter of Increasing Profitability
Rush Street Interactive (RSI), a leading US iGaming and sports betting company, has published its Q3 report, covering the period ended September 30. The company recorded higher metrics and lower losses and is optimistic about its future in the iGaming sector. RSI posted revenue of $169.9 million, which represents a year-on-year increase of 15%. Q3 […]

Business
November 2, 2023
Entain Posts Strong Growth with Group NGR Up by 7% In Q3
The global sports betting and gaming group, Entain plc, released its latest unaudited financial report, revealing insights regarding the company’s performance for the third quarter of 2023. The new update encompasses the trading period between July 1 and September 30, 2023. Overall, Entain reported a 7% increase in total group net gaming revenue (NGR), including […]

Business
November 2, 2023
Sportradar Hints at Reducing Workforce Amid Strong Q3 Results
The leading global sports technology company developing immersive experiences for bettors and sports fans across the globe, Sportradar Group AG, released its latest trading update Wednesday. The company uncovered details regarding its financial performance for the quarter ended September 30, 2023, revealing an uptick in revenue along with a decrease in total profit from continuing […]

Business
November 1, 2023
Caesars Posts Good Q3 Results, Anticipates Strong Finish of 2023
The leading gaming and entertainment company, Caesars Entertainment, released its latest trading update Tuesday. The company unveiled details regarding its third quarter results, pointing to strong performance and an increase in net revenues. Overall, Ceasars’ net revenues for the three months ended September 30, 2023, were just shy of $3 billion. The company’s $2.99 billion […]

Business
November 1, 2023
Crown Is Renegotiating Its $1B Tax Guarantee with NSW
Crown Resorts is renegotiating its 1 billion-dollar (AUD) tax guarantee agreement with the New South Wales government. In 2013, the operator promised to pay at least $1 billion in license fees and taxes over the 15 years after the opening of its Sydney property. However, the casino didn’t quite pick up as Crown Resorts had […]

Business
November 1, 2023
Light & Wonder Leverages Playzido to Supply Caesars with Sweet 16 Blackjack in Michigan
Light & Wonder has leveraged its content creation platform Playzido to supply bespoke content to Caesars Digital online in Michigan. As a result, the latter company’s Caesars Palace Online Casino and Caesars Sportsbook & Casino brands will now be able to engage fans with an exclusive version of HITSqwad Gaming’s Sweet 16 Blackjack game. The […]

Business
November 1, 2023
Kambi Publishes Q3 Report, Highlights Importance of Recent Deals
Kambi Group has published its report for the third quarter of 2023, highlighting its financial results and its recent achievements. In addition to recording higher metrics across the board, Kambi scored “landmark signings” with Svenska Spel and LiveScore Group. In Q3, Kambi recorded revenue of €42.1 million ($44.4 million), exceeding Q3 2022’s result of €36.7 […]
