Business News and Headlines
Business
November 23, 2022
Crown Resorts Unveils Transformational Multi-Year Program
The leading owner and operator of integrated resorts in Australia, Crown Resorts, announced the launch of a new transformative program for the future of the business. Crown Reveals New Program Called Future Crown Earlier this week, the company announced Future Crown, a multi-year program that seeks to transform the business while at the same time […]
Business
November 22, 2022
Facebook Changes Online Gambling Advertising Rules
Social media giant Facebook implemented an update on its policies for online gambling advertising. Under the new rules, some companies interested in promoting online gambling would need to contact Meta for written permission. New Policy Impacts Gambling Ads on Facebook Updating its policy on online gambling advertising means that gambling companies seeking to promote their […]
Business
November 22, 2022
Sports Betting Handle in Louisiana Sets New Record in October
October was a strong month for regulated sports betting operators in Louisiana, judging by details released by the gambling regulator in the state. Last month marked the highest betting handle since the launch of mobile sports betting in the state. Sports Betting Handle Hits $219M in October The gambling regulator in Louisiana, the Louisiana Gaming […]
Business
November 22, 2022
AskGamblers Sale May Prop Up Catena’s Restructuring Efforts
Gambling affiliate operator Catena Media may soon enjoy a brief respite amidst a tumultuous 2022. The company has been underperforming in recent months and is now attempting to divest itself of some of its brands and stagnating European assets. Recent news suggests that AskGamblers.com, Catena’s online gambling player community portal, may have attracted a potential […]
Business
November 22, 2022
TonyBet Continues European Expansion via Netherlands License
International online sports betting operator, TonyBet, became the latest company to receive a license for the regulated online gambling market in the Netherlands. TonyBet Secures Dutch License The entry of the leading brand into the market comes after it secured a license from the Dutch gambling regulator, the Kansspelautoriteit (KSA). The regulator revealed that TonyBet […]
Business
November 22, 2022
Great Canadian Entertainment Appoints Matthew Anfinson as New CEO
Matthew Anfinson has been appointed the new CEO at Great Canadian Entertainment and he will be succeeding Anthony Rodio, the outgoing incumbent. He is being promoted from the position of the chief operating officer. Great Canadian has used the retirement of Rodio to also appoint Jordan Banks as the company’s first executive chairperson. A Welcomed […]
Business
November 22, 2022
Senior Management Buys Out PressEnter Group
The executive management of Malta-based iGaming company PressEnter Group is taking full control of the company through a management buyout acquisition which is currently in progress, iGB reported. Management Team Takes Full Control of PressEnter Group PressEnter Group CEO Lahcene Merzoug, who will also become executive chairman, together with other members of the senior management […]
Business
November 22, 2022
Bet365 Inks Deal with Raynham Park Sportsbook in Massachusetts
Raynham Park Sportsbook announced a new partnership with one of the largest online sports betting companies, bet365. Details of the new collaboration emerged Tuesday and will see be365 introduce mobile sports betting in Massachusetts. Raynham Park Joins Forces with bet365 Under the terms of the new partnership, bet365 is expected to operate via a tethered […]
Business
November 22, 2022
Future Anthem Names Emma Ferguson Head of People
Future Anthem, a company that offers an all-in-one product and leverages artificial intelligence (AI) to personalize the player experience, announced a senior-level appointment Tuesday. The company revealed it hired the services of Emma Ferguson, a veteran in the industry with nearly two decades of experience in recruitment. Emma Ferguson Joins Future Anthem Ferguson joins Future […]
Business
November 22, 2022
DraftKings Shares Fall Following Hack Attack on Customer Accounts
DraftKings shares tumbled down almost 11% after the company announced on Twitter on November 21 that customer accounts were hacked and funds were withdrawn from them. DraftKings Accounts Hack Attack Affected Less Than $300,000 Customer Funds The DraftKings statement, which the company posted on Twitter on Monday, highlights that it is a question of not […]