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Business
November 19, 2024
Codere Online Faces Nasdaq Delisting, Appeals Decision
Codere Online Luxemburg is facing Nasdaq delisting because of a delayed form submission. The company has decided to appeal the motion, arguing that its delay is due to an ongoing audit of its 2023 financials. The Company Has Delayed Its Form 20-F for 2023 In its official release, Codere Online explained that, on November 12, […]
Business
November 18, 2024
Flutter Appoints PokerStars Exec Kevin Harrington as UK&I CEO
International gambling giant Flutter Entertainment has introduced a major addition to its UK & Ireland team, naming the seasoned Kevin Harrington as its new CEO for the region. The appointment is a part of the company’s reorganization of its international division and aligns with its new two-division structure. Harrington to Succeed Brown in February Kevin […]
Business
November 18, 2024
Light & Wonder iGaming CEO Steps Down
Dylan Slaney, the chief executive officer of iGaming at Light & Wonder, has announced his decision to step down. Reminiscing about his time with the company, the outgoing executive said that his stay at L&W has been pleasant and inspiring. Slaney’s Departure Is a Personal Decision Slaney, who joined the Light & Wonder family in […]
Business
November 18, 2024
Sweepstakes Giant VGW Names Industry Specialist Angus Tiet as CFO
Sweepstakes giant Virtual Gaming Worlds (VGW) has named gaming industry powerhouse Angus Tiet as its new chief financial officer. A seasoned veteran, Tiet will empower the company with his robust experience, allowing it to continue growing amid growing regulatory challenges in the US. A Seasoned Veteran Joins the VGW Family As the new CFO of […]
Business
November 18, 2024
Fertitta’s Wynn Investment Viewed by Analysts as Confidence Not a Takeover
Billionaire Tilman Fertitta from Houston, who has made smart investments in hotels and entertainment now owns almost 10% of Wynn Resorts. He bought a lot more shares making him the biggest individual owner of the casino company with a stake even bigger than that of Elaine Wynn. Experts Caution Against Jumping to Conclusions About Fertitta’s […]
Business
November 15, 2024
Greentube Expands NJ Foothold with Hard Rock Digital Launch
Novomatic’s Digital Gaming and Entertainment division Greentube has inked a fresh partnership deal with Hard Rock International’s joint venture with gaming industry veterans, launched in December 2020, Hard Rock Digital. Through the agreement with the platform “where Hard Rock entertainment and online gaming come together,” Greentube plans to bring its award-winning content portfolio to the […]
Business
November 15, 2024
Tilman Fertitta Bolsters His Influence Within Wynn Resorts
Billionaire entrepreneur Tilman Fertitta, known for his ventures in hospitality and gaming, has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the US Securities and Exchange Commission (SEC). The filing currently designates Fertitta’s position as “passive,” but industry insiders have reportedly hinted that the Houston billionaire may soon push […]
Business
November 15, 2024
Bragg Gaming Posts Q3 Report, Shares Plummet as Execs Rule Out Sale
Bragg Gaming Group has published its Q3 report, highlighting a stable and growing business with record-breaking revenue growth. The company, however, saw its share price decline after it denied a potential sale of its business. The Company’s Business Remained Strong In Q3, Bragg’s revenue increased by 16% year-on-year to EUR 26.2 million ($27.7 million). Gross […]
Business
November 14, 2024
Better Collective Faces Strategic Recalibration amid Rising Market Pressures
Better Collective, a prominent betting and affiliate company, is navigating strategic challenges that have prompted a realignment of its operational model and financial targets. The business reported a Q3 increase in revenue by 7.7% to EUR 81.2 million ($85.69 million), with recurring revenue settling at EUR 52.8 million ($55.73 million). Organic sales, however, came in […]
Business
November 14, 2024
Gambling.com Reports Solid Q3 Growth, Raises Full-Year Expectations
The provider of digital marketing services powering the global online gambling industry, Gambling.com, released its latest financial update. A New Quarterly Revenue Record On Thursday, the company uncovered details regarding its performance for the third quarter ended September 30, 2024, pointing to strong adjusted EBITDA growth in combination with an increase in revenue. Besides details […]
