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Business
February 21, 2023
Following Stellar Results, Tabcorp Aims for Higher Digital Market Share
This was revealed by Tabcorp in connection with the announcement of the company’s half-year results for the 6 months ending on December 31, 2022. Despite Strong Competition Tabcorp Held Its Digital Market Share The company reported a 1H2023 group statutory net profit after tax (NPAT) of AUD 52 million ($35.8 million), up 11% from the […]
Business
February 20, 2023
OnAir Entertainment Celebrates Launch of Studio in Romania
The company confirmed Monday it expanded further its global presence by opening a new studio located in the Balkan country. Located in Bucharest, the new studio offers Eclipse Blackjack, Standard Roulette as well as Standard Blackjack tables. The new studio leverages a unique localization digital branding environment that is built well and can create benefits […]
Business
February 20, 2023
EEG to Sell Bethard as It Continues Paying Off Debts
Esports Entertainment Group (EEG) has announced that it will be selling its Bethard online gambling brand. The buyer will pay a total of $10.14 million (converted to USD from Euro) for the Malta and Sweden-licensed brand. As announced, the sale sum will be comprised of $1.76 million of cash on closing and $6.94 million of […]
Business
February 20, 2023
Midnite Appoints Ex-Sky Bet Veteran as Senior Product Designer
Bamber is stepping in as the company’s new senior product designer and he comes from a similar position previously held with Sky Betting & Gaming. He used to be a product designer with the Flutter Entertainment-owned brand and will now assist further as Midnite continues to build a betting site that is focused on its […]
Business
February 20, 2023
PartnerMatrix Names Vahe Khalatyan Chief Executive Officer
On Monday, the company revealed it selected Vahe Khalatyan as its new CEO. Khalatyan previously served as a chief technical officer with PartnerMatrix. Overall, he was a part of the company for nearly a decade and EveryMatrix identified him as “a key asset and leader.” Leveraging his strategic knowledge, Khalatyan will navigate PartnerMatrix on its […]
Business
February 20, 2023
Pennsylvania Gaming Revenue Soars by 18% To $464.5M in January
On Friday, the regulator unveiled data regarding the financial performance of licensed operators in the state, revealing that the combined total revenue from all forms of gambling, including fantasy contests, last month hit $464,488,191. When compared to the corresponding period in 2022 when the revenue halted at $393 million, this result marked a strong growth […]
Business
February 17, 2023
FBMDS Starts the Year with Strategic Collaboration with Entain
The fresh alliance forged in February between FBM Digital Systems (FBMDS), the company that wishes to become the primary supplier of customized technology for the iGaming industry, and Entain, one of the most successful gaming and sports betting groups on the planet, will expand on five continents. 70+ FBMDS Games to Reach Global Markets The […]
Business
February 17, 2023
LeoVegas Divests a Quarter of BeyondPlay to Bettor Capital for €1.9M
The group that is determined to become a premier global casino gaming company has sold a stake in its iGaming business-to-business venture to Bettor Capital. The latter is a venture firm that this way helped LeoVentures, LeoVegas’ investment arm, secure an impressive 73% return on investment in less than 24 months. A “Testament to LeoVenture’s […]
Business
February 17, 2023
Continent 8 Launches iGaming Community Cloud Offering in Ohio
The announcement about the latest achievement came Thursday and sees the company become the first provider of iGaming Public Cloud offering. This marks a major step for Continent 8, considering the strong potential of the regulated online and mobile sports betting market in Ohio. In fact, media reports confirmed that over the New Year’s weekend, […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
