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Business News and Headlines
Business
May 15, 2023
Aristocrat Announces Its Milestone Acquisition of NeoGames
Aristocrat Leisure Limited’s recent announcement revealed details regarding the $1.2 billion deal and the company’s plans to implement the new technology within its existing offerings. NeoGames’ real money gaming (RMG) solutions showed significant potential to bolster Aristocrat’s market appeal across multiple jurisdictions. The global supplier’s stellar 2022 financials place it in the perfect position to […]

Business
May 15, 2023
Entain Parts Ways with Chief Governance Officer Hoskin
Entain, a gaming, betting and entertainment giant, has unveiled changes to its leadership team. As announced by the company, Robert Hoskin, its chief governance officer, will be leaving the company after almost two decades on board. Hoskin joined Entain in 2005 and now boasts over 18 years with the group. He originally served as company […]

Business
May 12, 2023
Mohegan Reports Double-Digit Growth in Fiscal Q2 2023
Mohegan Tribal Gaming Authority released its second fiscal 2023 quarter report on Thursday posting double-digit increases across the key performance metrics, but net loss for the period more than tripled. Mohegan Digital Is Pulling Its Weight Net revenue for the three months ended March 31, 2023, was $405.8 million, registering an increase of 13.2% from […]

Business
May 12, 2023
Stakelogic Delivers Games for Glitnor Group in Sweden
The provider of classic slots offering engaging and rewarding features, Stakelogic, expanded its Swedish footprint after announcing a new deal. The company revealed Friday it joined forces with one of the popular and well-established gambling operators in the market, Glitnor Group. Thanks to the new partnership, the Group’s brands Happy Casino and Lucky Casino will […]

Business
May 12, 2023
The Rank Group Names Jon Martin Chief Operating Officer
The fast-growing and popular gambling company based in the UK, The Rank Group, strengthened its senior-level team by confirming a new promotion. The company has announced that it promoted Jon Martin, one of its valuable senior-level members, to the newly created role of chief operating officer. Although details regarding the new promotion emerged recently, The […]

Business
May 11, 2023
GAN Is Optimistic about 2023 Despite Suboptimal Q1 Results
GAN, a major NA B2B provider of iGaming technology provider and an International B2C operator of online sports betting, has published its Q1 2023 report, highlighting its performance during the three months ended March 31. GAN reported total revenue of $35.1 million, representing a slight 6% year-on-year decrease. Both the B2B and B2C verticals were […]

Business
May 11, 2023
Codere Online Net Gaming Revenue Soars in Q1 2023
The leading online gambling operator in Latin America and Spain, Codere Online, released a new trading update, revealing details regarding its performance for the first quarter of 2023. The recent preliminary figures reveal that the company enjoyed a busy quarter and has seen strong growth in net gaming revenue which hit €39.5 million ($49.1 million) […]

Business
May 11, 2023
Nuvei Establishes Good Baseline for Future Growth in Q1 2023
Nuvei reported that its total volume increased to $42.4 billion, or a 45% gain for the period ended March 31, 2023. The company saw revenue increase by 20% to $256.5 million, which was mostly based on eCommerce. Nuvei Marks Big Regional Gains, Improved Financial Outlook The results also saw big regional gains, with the North […]

Business
May 11, 2023
Kambi to Pioneer Retail Betting in Nebraska with WarHorse Gaming
Kambi Group, a company describing itself as “the world’s most trusted sports betting partner,” has expanded its US footprint with a new Nebraska-oriented partnership. As announced by the supplier, it signed an on-property sportsbook partnership with Ho-Chunk’s WarHorse Gaming. WarHorse Gaming, which is also a commercial entity under the jurisdiction of the Nebraska Racing Gaming […]

Business
May 11, 2023
Paysafe Enters Ontario with Its World-Leading Payment Solutions
With competition in Ontario at an all-time high, adopting Paysafe’s payment solutions will be a priority for many of the region’s iGaming and online sports betting companies. The move marks another milestone expansion for the payment provider as it maintains its significant North American momentum and gains access to a lucrative new market. The Company […]
