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Business
February 24, 2022
CDI Posted Strong Fourth Quarter and Full Year 2021 Growth
Churchill Downs Incorporated (CDI) announced its fourth-quarter and full-year ended December 31, 2021, financial results posting solid growth year-over-year. Key Financial Metrics Casino and horse racing operator CDI posted Q4 2021 net income of $43.3 million, up 153% on $17.1 million registered in Q4 2020. The net income figure was derived from fourth-quarter revenue of […]
Business
February 24, 2022
Hard Rock Online Casino New Jersey App Adds Paysafe Payments
Hard Rock Online Casino New Jersey became the latest mobile sports betting operation to hire the services of payments platform provider Paysafe after a partnership for card processing was announced today. Seamless Card Transactions The Hard Rock Online Casino New Jersey mobile app will benefit from the experience gained over more than 20 years of […]
Business
February 24, 2022
Delasport Obtains MGA License to Expand B2B Reach
Delasport, an iGaming company with over 25 years in the management and delivery of sports betting and gaming platforms, has expanded its international clout further through the acquisition of a Malta Gaming Authority (MGA) license. The new permit will allow the company to scale its business-to-business offering across Europe and jurisdictions that recognize the MGA […]
Business
February 24, 2022
Sporttrade Extends Its Footprint in North America with Two Strategic Deals
Sporttrade, the most dynamic platform for sports traders in the US and the pioneer regulated exchange for sports betting in the country, has signed two new strategic partnerships with Caesars Entertainment and Penn National Gaming. According to the new deals, two new states, Louisiana and Indiana, will join Sporttrade’s current list of US states where […]
Business
February 24, 2022
Apollo Global Strengthens As It Completes Las Vegas Sands Purchase
The Venetian and Palazzo casino resorts, as well as the former Sands Expo and Convention Center, have a new owner. Apollo Global Management and Las Vegas Sands (LVS) announced Wednesday that they have completed the sale of the iconic Las Vegas Strip properties. Changing of the Vegas Guard In separate statements, Apollo and LVS stated […]
Business
February 24, 2022
Aristocrat Makes Executive Changes to Strengthen its Industry Position
Aristocrat Leisure has always been a leading name in the gaming industry but is working to do more. The slot machine manufacturer and online games developer has made a couple of executive shifts that it hopes will fulfill that mission. Executive Appointments Come to Aristocrat Trevor Croker, Aristocrat’s CEO, announced at the company’s annual general […]
Business
February 23, 2022
Bally’s Creates Environmental, Social and Governance Committee
Bally’s Corporation released a strategy update, outlining that it established an official committee that will oversee the company’s environmental, social and governance (ESG) strategy. The company also said that Robeson Reeves will be serving as the chair of the new ESG committee. Bally’s Selects Robeson Reeves as its ESG’s Committee Chair Bally’s Corporation, the leading […]
Business
February 23, 2022
Flutter Announced Board of Directors and Committees Changes
Global gambling group Flutter Entertainment revealed in a regulatory release today certain changes to the Board of Directors and Committees effective the Annual General Meeting (AGM) on April 28, 2022. ‘Exceptional Contribution to the Board’ London Stock Exchange (LSE)-listed Flutter Entertainment announced that long-time serving director Michael Cawley would not be running for re-election at […]
Business
February 23, 2022
Esports Entertainment Reports First Revenue Decline in Over a Year
The full-service online gaming and esports company that specializes in the full spectrum of betting and gambling at all levels Esports Entertainment Group (EEG) made its financial results for the fiscal 2022 second quarter available to the public. The period that ended December 31 reflects a plethora of different challenges that the group could not […]
Business
February 23, 2022
Catena Finishes 2021 With $14.40M in Operating Losses
Catena Media Plc, the record-breaking Stockholm-listed online lead generation company with a retention rate higher than 5 million monthly users, has published its full-year results for 2021. At a quick glance, Catena’s earning performance suffered a blow because of the European sports media assets that the partner-focused company purchased in recent months. Catena Is Determined […]