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Business News and Headlines
Business
March 7, 2022
Genius Sports Shuts Down for Belarusian and Russian Businesses
Genius Sports has become the latest iGaming company to send an unequivocal message as to where it stands on the Russian invasion of Ukraine and Belarus’ complicity in the matter. As of Sunday, March 6, Genius Sports has suspended all of its commercial relationships in the two countries, citing the unprovoked attack on a democratic […]

Business
March 4, 2022
Rivalo Named Main Sponsor of Liga BFA in Brazil
Rivalo, an online sports betting operator headquartered in Curaçao, signed a partnership deal with Liga BFA to become the main sponsor of the professional football league in Brazil. Boost Brand Awareness The agreement with Liga BFA is set to provide Rivalo with a new outlet to boost its brand awareness in Brazil by featuring at […]

Business
March 4, 2022
Scout Gaming Selects Nuvei as Payment Provider for the US
Scout Gaming Group, the leading provider of B2B fantasy sports and sports betting products, joined forces with Nuvei Corporation, the global electronic payment processing company. FanTeam to Offer New Payment Options under a New Deal Under the terms of the deal, announced on Thursday, Nuvei will boost Scout Gaming’s expansion into the US by offering […]

Business
March 4, 2022
Czech Business Leaders Condemn Russian War in Ukraine, Offer Humanitarian Relief
Czech entrepreneurs and business leaders Karel Komárek and Robert Chvátal have condemned the Russian war in Ukraine which has led to the senseless and brutal oppression of the Ukrainian people. The war launched with a premeditated strike by the Russian side on Thursday, February 24, which led to the large-scale invasion of Ukrainian territory by […]

Business
March 3, 2022
Bet365 CEO Coates Banked ÂŁ300M Despite Pay and Dividend Cuts
Bet365, an online gambling brand operating out of Stoke-on-Trent in the UK, announced broadly flat revenues for the financial year ended March 28, 2021, yet its founder and co-chief executive officer Denise Coates reportedly took home nearly ÂŁ300 million ($400 million). Highest Paid Director 54-year-old Coates was paid a ÂŁ250 million ($333 million) salary and […]

Business
March 3, 2022
UK’s National Lottery Operator Camelot Secures Gaming Certifications
UK’s National Lottery operator Camelot Group has obtained its Responsible Gaming Certifications for the European Lotteries and the Level 4 of the World Lottery Association for the fifth time in a row. The certifications are valid for three years and they were last updated in 2019. What Do the Responsible Gaming Certifications Mean? Both accreditations […]

Business
March 3, 2022
Apollo Interested in Creating Yahoo Sports Spin-Off via New Merger
Apollo Global Management, the global, high-growing asset manager that took over Yahoo from Verizon for $5 billion dollars in 2021, is looking into a merger plan between Yahoo Sports and an existing sports betting company in the industry. No details or drafts of the merger are available at the moment. Yahoo is Having Preliminary Talks […]

Business
March 3, 2022
Entain Sees Online Growth Sustain FY2021 Results, Retail Returns in 2022
Entain Plc has been looking at a strong 2021 for a while now, but the final results are in and the brand whose digital transformation has been presided over by chief executive Jette Nygaard-Andersen has tapped into a resilient and unshakable source of strong financial performance. The company took a hit in its retail results […]

Business
March 3, 2022
Bitcasino Adds Nigerian Singer Tekno as Brand Ambassador
Bitcasino continues to build up its public relations by adding more prominent people to its brand name. The latest representative for the growing iGaming brand that focuses on crypto gaming and zeroes wagering requirements is Augustine Miles Kelechi, a Nigerian musician known by the moniker of Tekno. Spreading Bitcoin Through Music The 29-year-old singer is […]

Business
March 3, 2022
Venetian and Palazzo Casino Resorts Create Value Sharing Program for Employees
The Venetian and The Palazzo Casino Resorts on the Las Vegas Strip have decided to come up with a revenue-sharing scheme that will enable staffers to contribute towards the properties’ sustainability and profitability and get something out of it as well. Giving Employees Deserved Job Assurances This is done at the behest of Apollo Global […]
