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Business
March 18, 2022
Three Popular European Soccer Clubs Cut Ties with a Russian Betting Firm
The conflict between Russia and Ukraine spans way beyond politics. Clubs such as Chelsea FC have been hit with numerous restrictions and now, three additional soccer clubs have decided to cut ties with Fonbet, a Russian-based gambling company. The European Clubs Are Among the Most Popular in the World AC Milan from the Italian Serie […]
Business
March 17, 2022
EveryMatrix Strengthens Market Position, Invests in Jelly Entertainment
EveryMatrix, the leading iGaming technology supplier, announced Thursday that it invested in the up-and-coming real-money game studio Jelly Entertainment. Jelly Joins EveryMatrix’s Gaming Aggregation Platform Under the terms of the new collaboration, Jelly will join the provider’s gaming aggregation platform SlotMatrix. This will enable the up-and-coming studio to create, manage and distribute their titles via […]
Business
March 17, 2022
Spiffbet Appointed Cecilia Skarin as Its New CFO
The Swedish online casino operator Spiffbet has reinforced its financial team with the addition of a new acting chief financial officer. The one chosen by the company is Cecilia Skarin who has years of experience in the field of finance. Skarin’s Experience Earned Her a Promotion Skarin, describing herself as an ambitious and passionate person, […]
Business
March 17, 2022
Genius Sports Brings Second Spectrum to ESPN’s NCAA Coverage
Genius Sports will work with ESPN to ensure that the NCAA Division I Women’s Basketball Championship receives proper coverage. A step in this direction is the introduction of optical tracking technology and various augmentation that will elevate the experience and create new opportunities for participants, businesses, and fans. Second Spectrum to Elevate the Telecasts During […]
Business
March 16, 2022
FOX CEO Murdoch Unhappy with Limiting FOX Bet Flutter Partnership
An impasse with FOX Bet is stalling plans at FOX Corp to establish itself as a major player in the US sports betting space and frustrating FOX chief executive officer Lachlan Murdoch, Bloomberg reported. Lack of Development at FOX Bet FOX CEO Murdoch voiced his frustration at the lack of resolution related to the ongoing […]
Business
March 16, 2022
Parimatch Tech Doubles Its Financial Aid for Ukraine
As a response to Russia’s continuous attacks on Ukraine that were initiated at the end of February, Parimatch Tech decided to double its initial donation of UAH 30 million ($1 million) and further increase its support for the country that is severely torn by the war. The company that has offices in Kyiv has announced […]
Business
March 16, 2022
STS Introduces Horse Racing for Customers in the UK
STS Holding, the leading sports betting company in Poland and Europe, has announced that it included horse racing to its offering for customers in the UK. Under a New Deal, STS Includes Horse Racing for UK Customers The recent expansion was facilitated thanks to a deal inked between STS, Pythia Sports and At The Races […]
Business
March 15, 2022
IGT Expands US Presence by Launching iGaming Products in West Virginia
International Game Technology, a multinational gambling company that produces slot machines and other gambling technology, has expanded its US footprint by launching its content in West Virginia. IGT Launched In a Fifth State Gambling operators in the Mountain State can now benefit from IGT’s premium suite of PlayCasino gambling content, which includes a large variety […]
Business
March 15, 2022
Andy Whitworth Appointed as White Hat Studios’ New US CEO
White Hat Gaming’s US division White Hat Studios is expected to go live sometime during Q1 2022, and newly appointed Andy Withworth will be there to lead it to its success. Whitworth has been promoted as the new chief executive officer for the US segment, after having previously put his rich experience to work as […]
Business
March 14, 2022
Genius Sports’ Revenue for Q4 2021 Up a Massive 79% Despite Huge Net Losses
Despite its skyrocketing Q4 2021 net losses, innovative sports, and technology company Genius Sports managed to grow its revenue by almost 79%, reaching $84 million. The upcoming two years are looking bright for the company with profitability on the horizon, according to the company’s fourth-quarter earnings call. Genius Sports Recorded $262.7 Million in Full Year […]