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Business News and Headlines
Business
December 13, 2023
EPIC Risk Management Rebrands as EPIC Global Solutions
EPIC Risk Management, the world’s leading independent gambling harm minimization consultancy, announced that it has officially rebranded itself as EPIC Global Solutions. The new name seeks to better reflect the company’s global nature and ambition to tackle gambling harm at an international level. To celebrate its new identity, EPIC Global Solutions has unveiled a new […]
Business
December 13, 2023
Crown’s CEO Is Under Investigation for Reinstating Removed Patrons
Ciaran Carruthers, the chief executive officer of the Australian casino and hospitality leader Crown Resorts, is under investigation over allegations that he allowed removed patrons back into the company’s properties. The company’s board has launched an investigation to see if the allegations are correct. As reported by The Australian Financial Review, Carruthers is suspected of […]
Business
December 13, 2023
Entain’s CEO Jette Nygaard-Andersen Departs with Immediate Effect
Jette Nygaard-Andersen, the chief executive officer of the global gambling giant Entain, has announced her departure from the group. Nygaard-Andersen believes that the recent resolution of the HMRC investigation is a clean inflection point and will therefore leave with immediate effect. Jette Nygaard-Andersen commented on her departure from the team, describing the past three years […]
Business
December 12, 2023
Sportradar Joins Forces with TDI to Innovate Tennis Betting Tech
Sports technology specialist Sportradar has signed a multi-year deal with Tennis Data Innovations (TDI), a joint venture of ATP and ATP Media. Under the deal, TDI will provide Sportradar with global data and streaming rights for betting, as well as media data rights, for all ATP Tour and ATP Challenger Tour events. According to the […]
Business
December 12, 2023
GLI Picks Richard Howarth as CBO for APAC Region
Richard Howarth is a well-seasoned veteran who will now assume the position of CBO for the APAC region and help strengthen the company’s position in its targeted markets. He will plan and execute growth strategies across several markets and from the company’s premises in Sydney, Melbourne, Macao, and Adelaide. Picking a Highly-Trained and Experienced Person […]
Business
December 11, 2023
DAZN Seeks to Raise $1B in Funding, Reports Say
Sports streaming service DAZN is seeking ways to raise fresh funding, reports say. According to Bloomberg, the sports streaming giant wants to raise as much as $1 billion through various initiatives. The reports claim that DAZN Bet has been discussing the matter with potential advisers and eyeing a range of capital-raising strategies. Bloomberg also implied […]
Business
December 11, 2023
NeoGames’ Pariplay Injects Games into Tipico in New Jersey
Pariplay, a subsidiary of the leading B2B provider NeoGames, has teamed up with Tipico’s US arm. Under the deal, the gambling operator will onboard some of Pariplay’s best games, expanding the provider’s presence in North America. As agreed, Pariplay will leverage its proprietary studio, Wizard Games, as well as its aggregation platform, Fusion, to inject […]
Business
December 11, 2023
IG Group Welcomes Fintech Heavyweight Breon Corcoran as CEO
IG Group Holdings, a UK-based online trading provider, has announced the appointment of Breon Corcoran to its leadership team. According to the company’s official announcement, the new appointee will assume the role of the group’s new chief executive officer from January 29, 2024. In addition to taking the lead at IG Group, Corcoran will also […]
Business
December 11, 2023
GiG Names iGaming and Finance Powerhouse Matthew Saxon as CTO
Gaming Innovation Group, (GiG) has reinforced its technology team with the appointment of the experienced Matthew Saxon as its new chief technology officer for Platform & Sportsbook. This is in line with the division’s recent efforts to reinforce its senior leadership under Platform & Sportsbook CEO Richard Carter. According to GiG, Saxon is a proven […]
Business
December 8, 2023
Adelson Completes $2 Billion Stock Sale, Paving the Way for the Dallas Mavericks Purchase
Gambling industry stakeholders are keenly observing the details surrounding the Dallas Mavericks purchase, as it fueled speculations about the future of legalized gambling and sports betting in Texas. The deal should be completed by the year’s end as the team changes hands to the Adelson family, one of the gambling industry’s most famous billionaire magnates. […]