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Business News and Headlines
Business
November 14, 2023
Galaxy Gaming Posts Q3 Results, Reports Increased Losses
Galaxy Gaming, a leading casino table games developer, has published its financial results for the quarter ended September 30, 2023. While the company reported increased revenue, its net loss doubled. The third quarter of 2023 notably saw Galaxy Gaming report revenue of $6.1 million, representing an increase of 3%. In the meantime, the company’s Adjusted […]
Business
November 14, 2023
Paysafe Maintains Its Momentum, Posts Favorable Q3 Results
Leading global payments provider Paysafe has published its Q3 results, reporting increased financial results for the third quarter of the year. The company, which just penned a major agreement with Fanatics Betting and Gaming, is optimistic about its continued momentum. In Q3, Paysafe reported revenue of $396.4 million, up 8% year-on-year. This increase represents a […]
Business
November 14, 2023
PressEnter Appoints Philip Bell as Chief Commercial Officer
Malta-based company that provides entertainment to the online casino industry via its premium gaming products, PressEnter Group, has announced it would be strengthening its senior management by adding industry veteran Phillip Bells to the team. Appointed as the new chief commercial officer, Bell will join the group that incorporates brands like NitroCasino, XLBet, UltraCasino, JustSpinat, […]
Business
November 14, 2023
Everi Deploys AML Solution at Prairie’s Edge Casino Resort
The global provider of products, content, financial technology and player loyalty solutions, powering digital and land-based gambling operators, Everi, announced a new partnership, allowing it to further expand its footprint in the United States. On Monday, the company revealed that it joined forces with Prairie’s Edge Casino Resort in Granite Falls, Minnesota. Under the terms […]
Business
November 14, 2023
PrizePicks Returns to Michigan with a Free-to-Play Product
PrizePicks has returned to Michigan, this time launching a free-to-play version of its pick’em daily fantasy sports game. The company’s pay-to-play product was recently outlawed in the state but PrizePicks seems to be adapting quickly. The free-to-play spin of the company’s product will first hit Michigan’s gaming market, allowing fans to once again play with […]
Business
November 14, 2023
Bet365 Secures Games from Pragmatic Play in Spain and Sweden
Online casino content specialist Pragmatic Play has expanded its existing partnership with the iGaming and online sports betting juggernaut bet365. Under the new deal, Pragmatic Play will supply games to the operator in two additional markets. As announced, suites of the supplier’s best games will be injected into bet365’s portfolios in Spain and Sweden. Per […]
Business
November 14, 2023
Genius Sports Raises Full-Year Guidance after Robust Q3 Performance
Genius Sports, the data, technology, and broadcast company, has reported a significant increase in Q3 revenue, prompting an upward revision of its full-year guidance. The leadership team remained optimistic regarding prospects, noting that the business had reached a critical turning point. Genius will likely focus on improving customer onboarding and utilization and forging new strategic […]
Business
November 13, 2023
Paysafe Supplies Card Payments and AMPs to Fanatics
Leading payments specialist Paysafe has unveiled a new partnership arrangement with Fanatics Betting and Gaming. Under the deal, the former company will supply the operator with traditional card payments and alternative payment methods (APMs). Paysafe offers unique API-based solutions through a single, streamlined integration and will provide Fanatics Sportsbook with a number of deposit and […]
Business
November 13, 2023
Bragg Gaming President and COO Gives Resignation Notice
NASDAQ-listed content-driven iGaming provider of technology that is catering to the needs of online and brick-and-mortar gaming operators with proprietary and exclusive content, Bragg Gaming Group Inc., has announced that it is getting ready to bid farewell to its current president and chief operating officer, Lara Falzon. At the end of last week, Falzon officially […]
Business
November 13, 2023
Aristocrat Gaming to Showcase Year of the Dragon Games at MGS
Aristocrat Gaming, a leading slot machine and casino game manufacturer, is set to showcase new games at the Macau Gaming Show (MGS) Summit. The event is scheduled for November 14 and 15 and will welcome over 5,000 industry professionals. The highly anticipated trade exhibition will see Aristocrat Gaming display some of its recent and upcoming […]