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Business News and Headlines
Business
December 20, 2022
Cricket Pro Dhawan Launches Sports Technology Venture Fund
Shikhar Dhawan, а world-famous Indian cricketer and avid businessman, has founded a new sports technology-oriented venture fund called Da One Global Ventures (DOGV). The $75-million entity will seek to nurture innovation within the sports sector. DOGV Goes Live As announced, DOGV will be a multi-stage fund with a greenshoe option of $25 million. It will, […]

Business
December 19, 2022
Hard Rock Secures NGCB Approval for the Mirage Acquisition
Back in December 2021, Hard Rock announced its plans to purchase The Mirage from MGM Resorts in a deal of some $1.08 billion. Nevada Gambling Regulator Greenlights HRI’s Purchase of the Mirage Earlier this month, the company made an important step forward as the gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), recommended […]

Business
December 19, 2022
Wynn Macau to Invest $2.2B Following Changes in Concessions
Wynn Macau Spending Big Wynn Macau announced it’s planning an investment of MOP17.8 billion (approximately $2.22 billion) in the special administrative region (SAR). A big piece of these investments is going to be focused on expanding revenue through non-gaming enterprises. This is a general trend that’s expected, as the SAR announced that broadening their non-gaming […]

Business
December 19, 2022
Churchill Downs Expands Its Board Adding Andréa Carter
Andréa Carter has more than two decades of experience in human resources as a part of different global companies. She currently holds the position of senior executive vice president and chief human resources officer for Global Payments and now became a part of CDI’s Board of Directors. HR Expert Andréa Carter Joins CDI’s Board of […]

Business
December 19, 2022
Altenar Steps on the German Market via New Partnership with ChillyBets
Founded in 2018 ChillyBets has been a licensed gambling operator in Germany since 2021 and is the first German operator to partner with Altenar, which already has partnerships with companies in other European countries such as the UK and Belgium. This new collaboration effectively increases Altenar’s presence in the European gambling market. Altenar Makes a […]

Business
December 19, 2022
Caesars Grabs Double Accolades for Water Security and Climate Change
The prestigious recognition came Friday by CDP, a non-profit charity that discloses what impact companies have on the environment. Last year, Caesars scored “B”, but this year, the company entered CDP’s annual “A list.” Caesars was among a short list of companies that were able to achieve a double “A” after 15,000 scored. Caesars Reaches […]

Business
December 16, 2022
Gaming Corps Maintains Momentum with Sights on Greek Launch
Swedish iGaming supplier and developer Gaming Corps announced its entry into the Greek market thanks to a partnership with operators Kaizen Gaming and Novibet. The company will use its extensive portfolio of games to bolster the offerings of its newest partners. Gaming Corps has also pledged to develop additional region-specific content to capitalize on untapped […]

Business
December 16, 2022
Rank Group Recovery Slows Down as UK Market Shrinks
The company acknowledged the impact of the increase in the cost of living, which was evident in its UK-facing operations. Releasing its latest report, Rank Group acknowledged that in the five months ended November 30 this year, net gaming revenue (NGR) was up by only 1%, when compared to the same period in 2021. Rank […]

Business
December 15, 2022
Better Collective Names Petra Zackrisson SVP of Growth
The company on a mission to make sports entertainment more engaging and fun, Better Collective, announced a leadership-level appointment Thursday. As a result, Petra Zackrisson, a seasoned veteran with years of experience in the industry, was appointed senior vice president of growth. Targeting Expansion, Better Collective Appoints SVP of Growth The appointment comes at a […]

Business
December 15, 2022
Meyer Global to Invest $15 Million in PlayStar
PlayStar Gaming Group, a gambling operation with a vision to deliver an online gambling experience like no other, is set to receive $15 million in equity funding from Meyer Global Management. The move will strengthen the operator’s business and help it expand in the United States. PlayStar to Receive Investment from Meyer Global As announced […]
