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Business News and Headlines
Business
November 16, 2022
Sportradar Posts Q3 Results, Improves Guidance
Sportradar, a leading B2B global sports betting technology company, has published its financial results for the third quarter of 2022. The company’s performance highlighted its strengths as metrics rose across the board. Sportradar’s Metrics Rose Sportradar reported Q3 revenue of $175.2 million, which represents a 31% year-on-year increase compared to Q3 2021. The final sum […]

Business
November 16, 2022
Mohegan Becomes International Betting Integrity Association Member
The leading casino resorts developer, Mohegan Gaming & Entertainment, announced a new collaboration with the International Betting Integrity Association (IBIA). The announcement came Wednesday and sees Mohegan become a member of the Association. Mohegan Teams up with IBIA The IBIA is tasked with safeguarding the integrity of the global betting industry. A growing roster of […]

Business
November 16, 2022
Elys Game Technology Enjoys Strong Third Quarter
The interactive gaming and sports betting technology company, Elys Game Technology, released a trading update Tuesday. The latest report revealed data regarding the company’s financial performance for the three months and nine months ended September 30, 2022. Elys Releases Q3 Results The company revealed its revenue in the third quarter this year hit $9.6 million, […]

Business
November 16, 2022
Aristocrat Posts Solid Q3 Performance as Growth Accelerates
Aristocrat, the global gaming giant, has posted its latest quarterly results for the three-month period ending on September 30, 2022. According to the latest numbers, the company’s EBITDA increased by 20% to AU$1.85 billion ($1.25 billion at the time of writing). Net profit after tax also jumped by 13.9% and ended at $AU1.05 billion ($710 […]

Business
November 15, 2022
GAN Suspends FY Guidance Amid Uncertainties
Award-winning supplier of enterprise Software-as-a-Service solutions for iGaming and online sports betting apps GAN Limited has reported a relatively flat revenue for the third quarter, compared to last year’s results for the same quarter. This, together with the ongoing market uncertainty has convinced the company that has deployed its GameSTACK platform in the US and […]

Business
November 15, 2022
BlueBet Selects Tony Thomas for Chief Marketing Officer
The Australian betting operator, BlueBet Holdings, has announced a senior-level appointment. The company selected industry veteran Tony Thomas to serve as its new chief marketing officer (CMO) for Australia. Tony Thomas Joins BlueBet as CMO Overall, Thomas has more than 20 years of experience within multiple industries. He is a seasoned veteran in the marketing, […]

Business
November 15, 2022
ParlayBay and TipoBet365 Sign Content Partnership
ParlayBay is growing its reach globally with a new partnership that will allow it to enter the Turkish and Canadian sports betting and gaming markets. ParlayBay has teamed up with TipoBet365, a respected operator that will now expose the supplier’s products to new audiences in both geographies. ParlayBay is Happy to Provide TipoBet365 with Excellent […]

Business
November 15, 2022
Galaxy Gaming Reports 12% Revenue Increase to $5.9M in Q3
The leading casino table games and electronic betting systems distributor, Galaxy Gaming, released its financial results for the third quarter of 2022. Galaxy Gaming Posted Its Third Quarter Results Judging by the recent figures, the company’s revenue hit $5.9 million for the three months ended September 30 this year. When compared to the corresponding period […]

Business
November 14, 2022
New York Mobile Betting GGR and Handle Hit Record in October
Many records for mobile sports betting handle and mobile sports wagering gross gaming revenue (GGR) were broken since the launch of mobile wagering in New York. Now, judging by data released by the gambling regulator, the New York State Gaming Commission, October marked another record month for regulated sports betting operators. Sports Betting Handle in […]

Business
November 14, 2022
NOVOMATIC Closes HBG Acquisition Deal
NOVOMATIC, a full-service provider in the gaming industry and one of the biggest gaming tech companies in Europe, has consolidated its international expansion with the acquisition of HBG Group. The move cemented the company as one of the biggest concessionaires in Italy. NOVOMATIC Has Acquired HBG Gaming NOVOMATIC has been operating in Italy for more […]
