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Business News and Headlines
Business
September 23, 2019
GC Approves Rank Acqusition of Stride Gaming
Rank Group to acquire Stride Gaming UKGC gives clearance for the deal Better synergy results expected as a result Rank Group will be acquiring Stride Gaming by October 3 after the deal has received clearance from the UK Gambling Commission. The companies are due to meet at the Royal Court of Jersey on October 2. […]

Business
September 21, 2019
Microgaming Announces Decision to Shut Down MPN
MPN to be shut down in 2020. Microgaming to redistribute key resources. Bot problem is speculated to have contributed to the decision. Renowned online gaming software provider Microgaming on September 20 announced that it has decided to close the Microgaming Poker Network (MPN), one of the oldest and most popular operations in the world of […]

Business
September 20, 2019
10bet Signs Biggest Soccer Partnership with Juventus
10bet signs biggest soccer partnership in its history Juventus to promote its brand outside Italy Blanket ban on gambling ads in the country rule out Italy as a market Juventus has signed a marketing partnership with 10bet to boost awareness and improve engagement outside of Italy. 10bet Boosts Marketing Campaign with Juventus Partnership Betting agency […]

Business
September 20, 2019
Apple Extends Deadline for Ban of Non-Native Betting Apps
Apple extends the deadline for HTML5 app ban. Developers have until next March to comply. More native-first apps expected. Last June, Apple updated its App Store policies and introduced a new rule that required gambling operators to replace their HTML5-built gambling apps with native apps. Failing to do so would mean that they would be […]

Business
September 18, 2019
Daughter Gambles Away Mother’s Family Home
Mother of girl who committed suicide over gambling losses says more adequate care is needed The Northern Gambling Services works on developing 14 clinics nation-wide to provide better care Volunteers relied on to help local addicts and support them through their fight with addiction. The United Kingdom now has 340,000 people who suffer from gambling […]

Business
September 17, 2019
Morgan Stanley Downgrade’s Price Targets for Poker Stocks
Morgan Stanley has recently downgraded the price targets on GVC Holdings, Playtech and The Stars Group (TSG) amid concerns that the online poker industry will face a long-term threat from poker-playing artificial intelligence (AI). Also known as bots, poker-playing AI has been a hot topic in the online poker and computer science communities for years […]

Business
September 14, 2019
Tribal Gaming in the US Skyrockets to $33.72bn GGR in 2018
Native American casinos generate $33.72 billion in 2018 Year-over-year growth hits 4.1% Tribes work closer together to boost profits Native American casinos have managed to generate a record $33.72 billion in gross gaming revenue (GGR) in 2018. GGR is used to measure the overall performance of casinos out there. Last year’s result constitute a 4.1% […]

Business
September 13, 2019
GAN Revenue Soars to Record 145 Percent Increase YOY
GAN hits record high 145% growth in H1, 2019 Growth boosted by strong US sector GAN confident in future EBITDA prospects Technology gambling supplier GAN has turned a $420,000 H1, 2018 net loss into $3.73 million EBITDA in H1, 2019. The company has reached a 145% increase in revenue year-over-year (YOY). GAN’s Revenue Goes Up […]

Business
September 11, 2019
Inspired Entertainment Inks Deal with NFL Alumni
Inspired Entertainment, Inc. has recently announced that it has entered into a partnership agreement with VEEPIO, the mobile technology arm of the NFL Alumni (NFLA) which is the oldest and most renowned official organization for former players, team staff members, and coaches of the NFL American football league. This agreement will see the name, brand, […]

Business
September 10, 2019
Scientific Games and Caesars Launch Sportsbook in Indiana
Leading casino solutions provider Scientific Games Corporation and behemoth gambling operator Caesars Entertainment has recently launched a retail sportsbook solution at the Indiana Grand Racing & Casino in Shelbyville, Indiana. This launch marks the debut of sports betting in Indiana and makes it the fifth state to go live with the sports betting offering from […]
