Business
February 26, 2021
Caesars Entertainment Sees Net revenues Increase 37.4% to $3.5Bn in 2020
For the full year ended December 31, 2020, Caesars Entertainment reported net revenues of $3.5 billion and a net loss of $1.8 billion on a GAAP basis. CEO Tom Reeg With Positive Outlook for Las Vegas On February 25, Caesars Entertainment posted its operating results for the fourth quarter and year ended December 31, 2020. […]
Business
February 26, 2021
Bhotesh Maheshwari Steps in as Pragmatic VP of Strategy and Operations
Former Rank Digital Head of Gaming Product, Bhotesh Maheshwari, becomes the new Commercial Strategy and Operations Vice President of Pragmatic Play, a leading iGaming provider. Pragmatic Play Is on Its Way to Achieve Its Expansion Plans As Pragmatic Play looks forward into the future and seeks to become one of the top suppliers in the industry’s regulated […]
Business
February 25, 2021
Murren’s Acies Acquisition II Targets Entertainment Business
Acies Acquisition II, the second special purpose acquisition company (SPAC) set up by the trio of Jim Murren, Daniel Fetters and Edward King, filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC) Tuesday. SPAC Looking to Raise Money via IPO Acies Acquisition II is looking to raise up to $250 […]
Business
February 25, 2021
Carousel Group and Caesars Entertainment Sign a 10-Year Partnership
One of the world’s largest gambling companies Caesars Entertainment, Inc., has signed a 10-year partnership with SportsBetting.com owner and operator Carousel Group. This agreement is set to increase Carousel Group’s addressable market in the US to a whopping $1.8 billion. Caesars Brings Carousel’s Sportsbook to 3 New States Caesars Entertainment Inc., one of the world’s […]
Business
February 24, 2021
Pronet Gaming to Contribute to a New Scholarship Fund
Pronet announced today that it commits to sponsoring the All-in Diversity Project’s social campaign #OpenDoors. Consequently, the company became the leading corporate sponsor for the social media campaign. Pronet Commits to Funding a New Scholarship Leading casino and sportsbook software provider, Pronet Gaming, announced today that it became a leading corporate sponsor of the social […]
Business
February 24, 2021
Bulletproof Games Joins Yggdrasil’s YG Masters
Bulletproof Games has become the latest partner of Yggdrasil’s YG Masters and will access the operator’s GATI technology and proprietary mechanics. Yggdrasil’s GigaBlox and MultiMax Mechanics Yggdrasil proves to be one of the best companies on the iGaming market, as one more studio chose to join its YG Masters program. UK-based Bulletproof Games is the […]
Business
February 24, 2021
Better Collective Releases All-Time High 2020 Revenue Growth
Better Collective has published its full-year 2020 results marking a significant growth over the period. The company plans to continue this trend in 2021 to reach €160 million in corporate revenue with an organic EBITDA of €50 million. Long-Term Strategy and Investment Proved Successful Better Collective’s long-term strategy and digital portfolio have earned the company […]
Business
February 24, 2021
Stats Perform Taps Nick Cockerill as VP of Sports Betting Products
Nick Cockerill, the former head of operational technology for Sky Betting and Gaming, has been appointed as the new vice president of sports betting products at Stats Perform. He’s been appointed as a key member to lead Stats Performs strategic development of the betting innovation unit. An Essential Asset to Stats Perform Nick Cockerill has been […]
Business
February 24, 2021
Catena Media Breaks All-Time High in US Revenues in December
Publishing its year-end report for 2020, Catena Media posted operating revenues of €26.6 million for the last quarter of the year, an increase of 0.3% from Q4 2019. Record Revenue in Q42020 Due to US Growth Malta-based Catena Media published its financial results for the last quarter of 2020 and the whole financial year on […]
Business
February 24, 2021
SkillOnNet and 1X2 Network Forge Deal for Branded Megaways Games
Soft gaming content pioneer 1X2 Network has joined forces with SkillOnNet, a software solution provider to some of the largest online casino brands on the market. PlayOJO, Lord Ping, Slingo, and Turbonino to Utilize 1X2’s Portfolio 1X2 Network has reached an agreement with SkillOnNet, to bring the 1X2 partner network of games to SkillOnNet-affiliated casinos. As a […]