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Business News and Headlines
Business
August 1, 2022
Pragmatic Solutions Turns to Neccton for Additional Consumer Protection
Neccton continues to expand and strengthen its presence in the industry looking to establish its footprint as a trusted go-to solution when consumer protection is necessary for the gambling industry. The company has signed a fresh partnership with Pragmatic Solutions, a leading provider for the iGaming industry. Neccton to Offer “Mentor” Solution for Improved Consumer […]

Business
August 1, 2022
Playtech Relinquishes Its SPAC Plans for Caliplay
The board of directors of gambling software developer Playtech announced that they are suspending their plans to publicly list Caliplay, the company’s joint venture with Mexico-based operator Caliente Interactive. An Alternative Solution for Caliplay Is Still Possible Earlier this year, Playtech revealed that it intended to merge Caliplay with a special-purpose acquisition company (SPAC) to […]

Business
July 29, 2022
Codere Expands Sponsorship Contract with Football Team River Plate
Gaming operator Codere has become one of the primary sponsors of the Argentinian football team Atlético River Plate. The revised agreement will give the team a significant economic boost. In exchange, Codere’s logo will move from the sleeves of the team’s shirts to the front – a position previously occupied by Turkish Airlines. River Plate’s […]

Business
July 29, 2022
FDJ Buoyant on Lottery Results in H1 and Cautiously Optimistic about Future
Groupe FDJ has posted results for the first half of the year noting a significant improvement in lottery operations in France. The organization reported that group revenues reached €1.2 billion during the first half of the year, which was 12% higher year over year. Lottery Remains Driver of Sales for FDJ Lottery and sports betting […]

Business
July 29, 2022
VICI Properties Published Second Quarter 2022 Earnings Report
Experiential real estate investment trust (REIT) VICI Properties released Wednesday its second quarter financial report posting growth in revenues year-over-year. Revenue Growth, Net Income Decline For the three months ended June 30, 2022, VICI Properties reported total revenues of $662.6 million to post an increase of 76% to the $376.4 million generated in the respective […]

Business
July 28, 2022
FanDuel Appoints New Chief Legal Officer amidst Management Reshuffles
Carolyn Renzin, former FanDuel chief risk and compliance officer , announced on her LinkedIn profile that she would become the company’s new chief legal and compliance officer starting this month. This promotion continues her almost three-year employment at the gambling operator. Renzin Has Substantial Legal Experience in Many Industries FanDuel was Renzin’s first contact with […]

Business
July 28, 2022
Rank Interactive Appoints New Head of HR
Rank Interactive, the online division of UK-based gambling giant The Rank Group, hired Heather Kemp as the company’s new head of HR. Kemp will work for the company’s digital content-focused Gibraltar office. The New Hire Is an Experienced and Versatile Professional Rank Interactive’s new Head of HR is not a novice in the gambling business. […]

Business
July 28, 2022
Parimatch Receives GLI Accreditation for Sports and Casino
Parimatch Tech has finally acquired a Gaming Laboratories International accreditation, achieving a B2B certification for sports & casinos. The platform has obtained both GLI19 and GLI33 licenses which will ensure that it’s a trusted and dependable solution in the iGaming and sports betting spaces. GLI’s Certification Attests to Parimatch Competitive Edge GLI is essentially bolstering […]

Business
July 27, 2022
Malta’s Kombi Group Reports 19% Decrease in Revenue Year-on-Year
Malta-based B2B sports betting technology provider Kambi Group reported yet another positive quarter marked by revenue of €34.7 million ($35 million). However, there was a year-on-year decline as a result of the numbers being readjusted because of the DraftKings migration, the change of regulations in the Netherlands, and less sports events during the period from […]

Business
July 27, 2022
XLMedia Publishes Its Revenue Expectations for the First Half of 2022
XLMedia, a performance publishing company, has published a trading update in which it states that it anticipates a $44.5 million revenue, a 38% increase compared to 2021 when it reached $32.2 million. As the company noted, the expectations are a result of the good trades in the past six months. US Sports Accounts For 68% […]
