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Business News and Headlines
Business
June 14, 2024
Ladbrokes Celebrates Soccer with a New Ad Campaign
Leading sportsbook Ladbrokes has launched its new “Bring Your Wave” campaign, evoking the Mexican Wave, one of soccer’s most iconic fan celebrations. With the European Championships and the 2024/25 Soccer Season just around the corner, the operator hopes to stoke fan excitement and give users new and engaging ways to support their favorite teams. The […]

Business
June 14, 2024
Light & Wonder Unveils New $1bn Share Buyback Program
The leading cross-platform global games company, Light & Wonder (L&W), confirmed that its Board of Directors authorized a new share repurchase program. On Thursday, the company revealed that approval was granted for the repurchase of up to $1 billion in outstanding common stock under the terms of a new three-year share repurchase program. The new […]

Business
June 13, 2024
Oddschecker and Low6 Unveil Free-to-Play Euro 2024 Bet Bingo
FairPlay Sports Media’s oddschecker brand has once again joined forces with gamification specialist Low6 to release a new free-to-play game ahead of the UEFA Euro 2024. The new title is called Euro 2024 Bet Bingo and provides players with a shot at tempting prizes. Euro 2024 Bet Bingo seeks to tap into the Euro 2024 […]

Business
June 12, 2024
Boyd Gaming Adds Veteran Investment Banker to Board
Boyd Gaming, an American gaming and hospitality company, has designated Michael Hartmeier as a member of its board. A former Barclays investment banker, the appointee will now become a part of the operator’s audit committee. By adding Hartmeier to the board, Boyd has essentially expanded its board size from eight to nine members, six of […]

Business
June 12, 2024
FanDuel and DraftKings Retain Dominance, Oust Competitors
Since the repeal of PASPA six years ago, sports betting expanded across the United States. This expansion helped create a healthy and competitive market. Although there are plenty of licensed operators, the unquestionable leaders remain FanDuel and DraftKings. The duo, cumulatively held a 73% handle share in April, according to Truist’s expert analyst Barry Jonas, […]

Business
June 11, 2024
BHA CEO Julie Harrington to Depart at the End of 2024
The British Horseracing Authority (BHA) announced that Julie Harrington will be stepping down as CEO at the end of the year. Her decision would mark the end of a four-year tenure and comes amid the ongoing gambling reforms. During her time as CEO of the BHA, Harrington oversaw a variety of changes, including a new […]

Business
June 11, 2024
Adventure Box to Acquire Lion Gaming in $45M Deal
Adventure Box Technologies, an online game maker platform, announced that it has signed a Letter of Intent (LOI) for the acquisition of Lion Gaming Group, a Canadian gaming and betting services specialist. The transaction aligns with the former company’s ambitious growth plans and marks its foray into the world of iGaming. Lion has a projected […]

Business
June 11, 2024
Relay Confirms Closing of $35M Series B Funding Round
The leading cloud-based technology platform that plans to revolutionize and improve frontline communications for industries from hospitality to healthcare and education, Relay, announced the closing of a new funding round. On Monday, the company confirmed it completed a $35 million Series B funding round that was led by G2 Venture Partners. In addition to G2 […]

Business
June 10, 2024
William Hill’s Former Exec David Fuke Returns to Betsson Group
William Hill’s former chief product officer (CPO) for the UK, David Fuke, has returned to Betsson Group after a six-year hiatus from the company. Fuke, who describes himself as a “highly accomplished product and design leader helping businesses supercharge their product thinking,” will be Bettson’s new director of product. Betsson, as Energetic and Ambitious as […]

Business
June 10, 2024
PENN CEO Remuneration Package Faces Pushback from Shareholders
The issue arose on June 4, during the Annual General Meeting, which saw 129,215,217 shares being represented in a voting process that would determine the pay package of Jay Snowden, the company’s boss, who is looking to collect $15.5m, owing to a mix of base salary, stock awards, and incentive plan compensation. Third of PENN […]
