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Business News and Headlines
Business
April 26, 2023
David Hammond Steps in as UK Tote Group CCO
The Group is appointing David Hammond as CCO for the United Kingdom whereas Jon Knapman will step in as CCO for the company’s global markets. The new appointments will strengthen the company’s operational capabilities and bring a pair of well-versed industry veterans, capable of scaling the Group’s domestic and international reach. Hammond Ready to Help […]

Business
April 26, 2023
Kindred Unveils Review of Strategic Alternatives
Kindred Group, a company behind several major gambling brands, announced that it has launched a review of strategic alternatives to maximize shareholder value. Its board of directors will now explore approaches that Kindred can take to bolster its business. The process will see Kindred’s directors evaluate its world-class portfolio of iGaming and online sports betting […]

Business
April 26, 2023
Kambi Reports Revenue Increase of 19% For Q1 2023
The business-to-business (B2B) provider of sports betting services and solutions for the gambling industry, Kambi Group plc, released Wednesday its unaudited report outlining the company’s performance for the first quarter of 2023. Judging by the figures, the company reported growth with revenue hitting €44.0 million ($48.6 million) in Q1 2023. This result, when compared to […]

Business
April 26, 2023
Svenska Spel Reports Strong Q1 Results with Increased Net Gaming Revenue
Sweden’s Svenska Spel, the former state-owned gambling monopoly, has announced positive Q1 results for 2023, with a 2% increase in net gaming revenue compared to the same period last year. The company reported net gaming revenue of SEK1.98 billion ($191 million), up from SEK1.9 billion ($187.5 million) in 2022. Operating profit also increased by 3% […]

Business
April 25, 2023
Zitro Expands in LATAM with New Buenos Aires Office
Zitro, a world leader in entertainment that supplies operators with engaging bingo and slot games, has announced that it has opened a new office in Buenos Aires, Argentina. The new hub will bolster the company’s presence in Latin America and will set it up for further expansion in the region. The opening of the new […]

Business
April 25, 2023
Yahoo Integrates Wagr into Yahoo Sports
Yahoo has announced the acquisition of Wagr, a social sports betting app. This major development is in line with Yahoo Sports’ efforts to create exciting betting and fantasy products for sports aficionados. Wagr excels in mobile-first content and uses its customers’ experience to keep on improving its products. Now, this cutting-edge company will be fully […]

Business
April 25, 2023
Light & Wonder Expands OpenGaming Content with Rogue Games
The leading American corporation offering gambling products and services formerly known as Scientific Games Corporation, Light & Wonder, announced a new content deal on Tuesday. The company unveiled its plans to expand its OpenGaming platform offering by adding unique games from Rogue, an independent games studio. Light & Wonder confirmed that it anticipates the titles […]

Business
April 25, 2023
Los Angeles and Las Vegas May Soon Be Connected Via Bullet Train
The project has been picked up by a bipartisan congressional group which has petitioned the Biden administration to consider greenlighting the funds necessary to begin construction, as both states see the value of the fast connection. The $10B Project Gets Bipartisan Approval Six elected federal lawmakers from Nevada and four House members from California have […]

Business
April 24, 2023
Inspired Entertainment Bolsters FanDuel Michigan with Content
Inspired Entertainment, a leading business-to-business gaming content and tech supplier, has unveiled a new partnership with FanDuel, a sports betting and iGaming company. Under the agreement, the former company will supply the Flutter-owned operator’s Michigan operations with iGaming content. As agreed, FanDuel will adopt four Inspired Entertainment titles. These will include Big Fishing Fortune, Big […]

Business
April 24, 2023
SIS Sponsors Chile’s Top Horse Racing Event
As per SIS’ newest partnership in Latin America, the company will become Gran Premio Hipódromo’s title sponsor. As one of the most important South American racing calendar events, the deal will substantially bolster the developer’s exposure in the region, hopefully presenting new growth opportunities. The agreement also reaffirms SIS’s commitment to horse racing as an […]
