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Business News and Headlines
Business
December 2, 2022
Tabcorp Raises A$425M from Private US Placement
Tabcorp has successfully secured additional capital to spearhead its operations through the issuance of a new private placement long-term debt. The company announced in a filing to the Australian Stock Exchange sought to raise additional funds through the placement of notes in the private US market, amounting to a total of A$425 million ($289 million). […]

Business
December 2, 2022
SmartSoft Gaming and Entain Sign Content Partnership
SmartSoft Gaming, a casino game developer and supplier, has teamed up with leading industry giant Entain. The partnership will see SmartSoft launch its full portfolio of games and incorporate a number of player-favorite products with Entain brands, including JetX. To start the partnership, the two companies will deploy games with the Crystalbet brand in Georgia. […]

Business
December 2, 2022
Grey Eagle Names Tyrone Waite Chief Executive Officer
The First Nation band government in Alberta, Canada, the Tsuut’ina Nation, announced a senior-level change for the Grey Eagle Resort and Casino. The Nation said Thursday it selected Tyrone Waite as the venue’s new chief executive officer (CEO). Grey Eagle Selects Tyrone Waite for CEO In his new position as CEO, Waite will play a […]

Business
December 2, 2022
GiG Signs Partnership with News Corp UK & Ireland
Gaming Innovation Group (GiG) has sealed a new partnership with News Corp UK & Ireland, which will see the companies deliver sports betting and casino content along with a few exclusive offers that will be available to UK customers. News Corp UK & Ireland owns prominent brands in the market, such as talkSPORT and The […]

Business
December 1, 2022
Sands China Restructures Share Capital of Macau Subsidiary New Gaming License
Sands China Ltd, a Macau-based resort developer, and operator, has announced that it would restructure the share capital of its Macau subsidiary, Venetian Macau Ltd (VML), which detains its Macau gaming license in order to comply with Macau’s new gaming law. The restructuring of VML’s share capital will prepare the company for a new ten-year […]

Business
December 1, 2022
888 Revamps Expansion Strategy for the US Market
The leading global gambling company, 888 Holdings, held its Capital Markets Day (CMD) earlier this week. The company discussed an extensive list of topics during the event, among which, was its further growth into the regulated gambling markets in the United States. 888 Holdings Updates US Expansion Strategy A key message delivered during the CMD […]

Business
December 1, 2022
FL Entertainment Announces Nine-Month 2022 Results
Leading independent online sports betting, multimedia, and content production company FL Entertainment has announced its financial results for the first nine months of 2022. The fast-growing platform that relies on its Banijay and Betclic Everest Group businesses has reported strong growth in revenue along with high levels of profitability and significant cash flow conversion. The […]

Business
December 1, 2022
XLMedia Inks Sports Betting Deal with Newsweek
Leading international digital media company that provides content for highly engaged audiences while connecting them to relevant advertisers XLMedia has sealed a new partnership deal with Newsweek, the popular news brand read by more than 50 million people in the US on a daily basis. According to the terms of the agreement, Newsweek will work […]

Business
December 1, 2022
GiG Powers Starcasino’s Debut Entry into the Spanish Market
Gaming Innovation Group is launching with yet another operator in the Spanish market, bringing the total number of properties that GiG helps with its technology within the market to 14. The latest is Starcasino Group which is introducing its namesake brand to the market, and which will benefit from GiG’s localized expertise to provide players […]

Business
December 1, 2022
ParlayBay Adds Fredrik Elmqvist as Chair of Its Board
The fast-growing iGaming startup that delivers unique sports betting experiences via micro betting games, ParlayBay, expanded its senior-level team Thursday. The company announced it hired Fredrik Elmqvist to serve as a chair of its Board. Fredrik Elmqvist Joins ParlayBay’s Board Having Elmqvist join the Board complements the company’s growth strategy. In his new position, the […]
