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Business
July 5, 2022
IGT Finalizes iSoftBet Acquisition and Expands in Digital
IGT PLC has informed investors that the New York Stock Exchange-listed technology group has completed its acquisition of iSoftBet. The deal is evaluated at €160 million and has resulted in IGT acquiring full control over the developer. Securing New In-House Game Developer ISoftBet originally announced its intention to acquire the company in April 2022, seeking […]
Business
July 5, 2022
Sportingtech Appoints Bobby Longhurst as New Managing Director
Sports betting and gaming platform provider Sportingtech has revealed a new executive change by appointing Bobby Longhurst as the company’s new managing director. In this position, Longhurst will oversee the company’s growth ambitions and the general strategy needed to be deployed to achieve this. Sportingtech Brings the Right Executive to the Job Previously, Longhurst […]
Business
July 5, 2022
Huddle Turns to Odds On Compliance to Navigate US Expansion
Huddle Tech Inc. has strengthened its presence in the United States through a new alliance with Odds on Compliance. The partnership will be focused on catering to the needs of iGaming operators, which is Huddle’s bread and butter. Huddle Tech Seeks Advise on US Gambling Regulation The company uses advanced and proprietary data-driven solutions to […]
Business
July 5, 2022
CopyBet Becomes Shirt Sponsor for Queens Park Rangers
British soccer club Queens Park Rangers and sportsbook CopyBet have signed a partnership with the latter becoming the official betting partner for the team. As a result, CopyBet branding will be visible during the upcoming 2022-23 season, featuring CopyBet branding and imagery across social media channels and on player shirts, an example of which has […]
Business
July 4, 2022
David King’s Term as XLMedia’s Chief Executive Officially Begins
David John King has officially started his role as chief executive officer, XLMedia confirms. King is now replacing Stuart Simms who announced that he wants to step down as the CEO of the affiliate business back in April. King Was Appointed as CEO at the End of May XLMedia announced King as the new CEO […]
Business
July 4, 2022
Swintt Officially Hires Domenico Vacchiano as Its New Chief Architect
Swintt, an award-winning online casino game provider, has hired Domenico Vacchiano as the new chief architect. The company, which recently stepped foot in the Netherlands, is looking to strengthen its team and that is exactly what Vacchiano brings to the table. Vacchiano Has Over Two Decades of Working Experience Before joining Swintt, Vachianno spent more […]
Business
July 4, 2022
Atlantic City Labor Agreements Boost Casino Stocks
The most prominent Atlantic City casino employee union has signed a labor agreement with four major casinos in the city – MGM Resorts’ Borgata, Caesars Entertainment’s Caesars, Harrah’s, and Tropicana, which automatically canceled a planned strike during the July 4 weekend. As a result, MGM and Caesars’ stocks had a boost on July 1. Union […]
Business
July 1, 2022
NorthStar and Baden to Proceed with Reverse Takeover
NorthStar Gaming, a Canadian casino and sports betting operator, has proceeded with its reverse takeover of Baden Resources, a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the USA. NorthStar Gaming to Be Acquired by Baden Resources The operator announced its intention of undergoing a reverse takeover […]
Business
July 1, 2022
Light & Wonder Reduces Sale Price of OpenBet by $400M
Light & Wonder has issued an update on the sale of its OpenBet platform to Endeavor Operating Company, LLC and Endeavor Group Holdings, Inc. According to the update, the company has agreed to sell the platform for $400 million less than the original amount after the companies entered into an amendment to their definitive purchase […]
Business
July 1, 2022
PointsBet Expands to Europe with a New Dublin HQ
US sportsbook operator PointsBet opened its first European headquarters in Ireland’s capital city of Dublin. The new HQ will serve as a staging ground for the operator’s future expansion efforts in the Old Continent and will initially house 70 employees. PointsBet’s Numerous Irish Ties Made Dublin an Obvious Choice PointsBet’s expansion in Europe was heralded […]
