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Business
May 22, 2023
Paf to Acquire 888’s Latvian-Facing Businesses in a $31M Deal
The leading betting and gaming company that is globally recognized with its brands that include Mr Green, William Hill and 888, 888 Holdings Plc, announced it has come to an agreement to sell its Latvian-facing business. In a deal for some €28.3 million ($30.6 million), the company agreed to sell its Latvian business to Paf […]
Business
May 22, 2023
GLI Group Buys Out Remaining Shares in iTech Labs
Gaming Laboratories International (GLI) Group has completed a transaction for the remainder of shares in iTech Global, a gaming testing laboratory that will now significantly strengthen the company’s reach and expertise in the provision of sophisticated certification services for the sector. iTech to Continue Operating Under Its Own Brand Neither party has shared information about […]
Business
May 19, 2023
Light & Wonder Plans to Acquire All SciPlay Public Shares for $422M
The global gaming supplier that creates systems, content, and hardware connecting iconic titles across all channels has sent the proposal to the board of directors governing its social casino arm SciPlay Corporation. Provided the proposal will be received and accepted, SciPay would turn into Light & Wonder’s wholly-owned subsidiary. $20 per Share in an All-Cash […]
Business
May 18, 2023
Aristocrat Capitalizes on Its Aggressive Expansion with Stellar H1 Financials
Global gaming solution provider Aristocrat Leisure has reported positive financial results for the first half (H1). The company’s focus on diversifying its portfolio through strategic acquisitions is already paying dividends, ensuring fiscal stability despite macroeconomic pressures. North American operations performed exceedingly well, justifying further investments in the region. Revenue Growth Retains Its Momentum Aristocrat’s H1 […]
Business
May 18, 2023
Gambling.com’s Q1 Revenue Hits Record with 36% Increase
The leading provider of digital marketing services for the global iGaming vertical, Gambling.com, released its latest trading update. On Thursday, the company released its unaudited first quarter results, outlining its performance for the three months ended March 31, 2023. Judging by the recent data, Gambling.com saw strong growth in revenue, hitting $26.7 million for Q1 […]
Business
May 18, 2023
Wazdan Inks Deal with SCCG Management, Expands in North America
Following an impressive list of similar partnerships signed with big operators in North America including Light & Wonder and Caesars Sportsbook & Casino, the innovative provider of over 150 HTML games in 20+ global markets has announced a fresh partnership with SCCG Management (SCCG). The latter is a premium management advisory company that offers its […]
Business
May 18, 2023
Kwiff Doubles Down on Mobile-First Approach, Partners with Adjust
Kwiff, a super-charged betting service, has unveiled a new partnership with the mobile measurement and analytics suite Adjust. As a result, the latter company will supply kwiff with solutions that will help it grow its native apps. To that end, Adjust will power kwiff’s iOS and Android apps with its SDK solution, helping the betting […]
Business
May 18, 2023
Pennsylvania Gambling Revenue Up Slightly in April
The Pennsylvania Gaming Control Board (PGCB), the gambling regulator in the state, released its latest report, outlining the performance of licensed gambling operators for April. Judging by the latest figures, the total revenue generated from all forms of gambling, including fantasy contests last month hit $476,723,131. This result, marked a slight 3.27% increase when compared […]
Business
May 18, 2023
BETER Names the Experienced Chuck Robinson as CRO
BETER, the industry’s leading provider of next-gen content and data, has strengthened its top brass team with the addition of the decorated industry veteran Chuck Robinson as chief revenue officer. In his new position, Robinson will be tasked with driving BETER’s growth strategy and helping the company expand its global position. The new hire is […]
Business
May 18, 2023
Kindred Names Andén Interim CEO While Tjärnström Steps Down
The online gambling operator consisting of nine brands, Kindred Group, announced a change within its senior-level team. The company unveiled Wednesday that its CEO, Henrik Tjärnström, resigned from his role. The change, Kindred said, is with immediate effect. Replacing Tjärnström, the company appointed Nils Andén to the role of interim CEO. That appointment is with […]
