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Business News and Headlines
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 […]

Business
May 17, 2023
Michigan Operators Report $195.7M in April Revenue
In spite of yet “another massive month” recorded by Michigan’s online gaming market in terms of revenue for April, the overall market inclusive of online casinos and sports betting operators marked a 9.6% decrease compared to figures from the previous month. Here is a quick rundown according to data from the Michigan Gaming Control Board. […]

Business
May 17, 2023
Catena Enjoys Strong First Quarter but Revenue Dips Slightly
Catena Media released its latest report, revealing data regarding the company’s financial performance between January and March this year. In Q1, 2023, the company reported total revenue of €35 million ($37.9 million). This result, when compared to the €36.9 million ($40 million) result from the corresponding period in 2022, marked a decrease of 5%. Adjusted […]

Business
May 17, 2023
Patrick Southon and Simon Collins Join Jogo Global
The fast-growing gaming content and platform provider and developer, Jogo Global, strengthened its C-suite by announcing two strategic hires. The company confirmed on Wednesday it hired gambling industry veterans, Patrick Southon and Simon Collins. Joining Jogo Global, Southon was appointed to the role of non-executive director. On the other hand, Collins joined the company as […]

Business
May 17, 2023
Wizard Games Appoints Industry Heavyweight Benedict McDonagh as MD
Wizard Games, a developer of premium iGaming experiences, has designated Benedict McDonagh as its new managing director. The new leadership appointment comes as the studio seeks to “turbo-charge” its progress toward becoming a leading name in online gambling. McDonagh is an experienced gaming industry veteran who will help the NeoGames subsidiary reach its goals. The […]

Business
May 16, 2023
Lottomatica’s Impressive Q1 Financials Bolster Its Post-IPO Ambitions
Lottomatica’s results largely mirror the broader trend in the Italian gambling industry, which has seen significant growth in recent years. Rising revenues across the board should fuel the company’s ambitions after it went public on the Borsa Milan Exchange, hopefully surpassing its projected targets. Despite the global financial instability, Lottomatica hopes to ride the expected […]

Business
May 16, 2023
Ben Hurst Joins 888 Holdings’ Management Crew in North America
The London-listed leading operator of betting and gaming services that acquired William Hill’s global business in 2022 has taken more steps toward building and implementing fresh strategies for strengthening its foothold in North America. Proven Skills Over the Years The fact that the group that currently employs more than 11,000 people globally has chosen Ben […]

Business
May 16, 2023
BetRegal and The Unit Extend Their Collaboration after a Stellar First Year
The Unit has been instrumental in promoting the BetRegal brand, contributing high-quality tv advertisements and spearheading successful online marketing campaigns. Thanks to these efforts, the sports betting operator has experienced substantial growth, reaching out to fans across its available markets. The extended partnership should contribute to BetRegal’s plans to expand in the iGaming space, benefiting […]

Business
May 16, 2023
Genius Sports Continues Anti-Match-Fixing Fight in Indonesia
The leading, 2001-founded sports technology company has expanded its current partnership with the Basketball League in Indonesia through a fresh program aimed at eradicating the lingering match-fixing problem in the sports industry. Genius Sports to Use Its Proven Bet Monitoring System According to the terms of the extended deal between the two parties, Genius Sports […]

Business
May 16, 2023
Paris Smith Transitions to Advisory Role with Pinnacle
Famous as a provider that delivers unique alternatives to bookmakers, Pinnacle, formerly known as Pinnacle Sports, is a company with a rich history within the betting vertical. It was established back in 1998 and has grown significantly since then, by delivering the best odds, betting limits and offering innovative solutions. Paris Smith, a betting and […]
