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Business News and Headlines
Business
January 20, 2023
Nueva Codere’s Subsidiary Loses $805,000 After Cyberattack
The commission which is meant to keep investors safe while maintaining fairness, order, and efficiency in all markets has received the news of the cybernetic attack on Codere Online along with the reasons that lead to it. Hackers Pretended to be Codere Online Agents According to the report received by the SEC, a number of […]

Business
January 20, 2023
Kambi Sets Ambitious Financial Targets for the Next 5-Year Period
These targets, which were presented at the company’s Capital Markets Day on January 19, include revenue of 2-3 times the levels of 2022 by 2027 and an EBIT of over EUR 150 million ($162 million). Ambitious Targets Backed by Key Factors The company’s Board of Directors has based these targets on a number of key […]

Business
January 20, 2023
Totem Technologies to Supply the Eastern Shawnee Tribe with Fintech
The Eastern Shawnee Tribe of Oklahoma will employ Totem Technologies’ safe financial solutions, TG&H reported yesterday. According to the tribal gaming news outlet, the agreement will allow members of the tribe to use Totem’s digital banking accounts. Totem to Supply the Tribe with Financial Solutions The report noted that the Easter Shawnee Tribe and Totem […]

Business
January 20, 2023
Real Luck Group Enjoys Stellar 2022 and Plans Growth in 2023
On Thursday, Real Luck Group released its Q4 report, revealing that its global betting handle surpassed CA$3 million ($2.23 million) by the end of the period. Additionally, the company reported that its fourth quarter revenue has seen solid growth, increasing by 120%. Not unexpectedly, Real Luck reported that the total player deposits in Q4 2022 […]

Business
January 20, 2023
BETBY’s New Office in Montenegro Precursor to 2023 Growth
The company hails this as an important milestone with the office in Budva accommodating a number of BETBY’s employees from across various departments. BETBY is optimistic about the future and has ensured that its current office also has the capacity to expand further. BETBY Looking to Scale-up in Montenegro and Beyond The company will focus […]

Business
January 19, 2023
Sumsub and Casino Guru Ink Deal for iGaming Player Verification and AML Course
The all-in-one verification platform has reunited with the independent online casino database in a desire to educate operators in the industry on a number of important topics. The list includes anti-money laundering/Know Your Customer policies, gambling compliance, and user onboarding matters. The iGaming Player Verification and AML Course Is Free The new online course developed […]

Business
January 19, 2023
Catena Media Posts Preliminary Q4 2022 Results
Catena Media published the preliminary results for its performance during the final quarter of the year. It added that the year-end report will be published on February 22 this year. Catena Media Expanded in NA As evidenced by the results, Catena Media is on the rise in North America, its primary market. Data shows that […]

Business
January 19, 2023
Bally’s Plans 15% Layoffs in North American Interactive Segment
The announcement came on Wednesday after the company filed Form 8-K with the US Securities and Exchange Commission. The filing reveals that Bally’s plans to reduce its operating costs and boost the profitability of its North American Interactive segments. Redundancies a Part of a Restructuring Plan The announced restructuring plan involves the reduction of the […]

Business
January 19, 2023
Greentube and IGT Establish Important RGS IP Alliance
The agreement will allow International Game Technology (IGT) to bring advanced solutions to third-party partners that are looking to benefit from remote game server (RGS) technologies delivered by both IGT and Greentube. Greentube and IGT Forge Groundbreaking RGS Partnership Greentube is known for its advanced work on this technology, as it enables the company to […]

Business
January 18, 2023
Aruze Gaming Opens EMEA Office in the Netherlands
Aruze Gaming has made a foray into Europe with an office in the Netherlands. The leading developer of gambling entertainment solutions will leverage the new office to provide service support to the company’s customers in the EMEA region. Aruze Unveils a European HQ From now on, the Dutch office will serve as the company’s European […]
