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Business
April 17, 2024
SkyCity Entertainment Puts Jason Walbridge at the Helm
SkyCity Entertainment announced the official appointment of Jason Walbridge as the company’s new chief executive officer. The new hire will leverage over 20 years of experience to underpin the company’s growth amid regulatory trouble. As announced by SkyCity, Walbridge boasts an impressive track record and is currently sitting on the boards of several noteworthy companies. […]
Business
April 17, 2024
Games Global Files for $100M IPO on NYSE, Targeting the US Market
Games Global, a leading online casino supplier, has unveiled plans to embark on a milestone journey by filing for an initial public offering (IPO) on the New York Stock Exchange (NYSE). The move marks a significant strategic shift as the Isle of Man-based company opts for a US listing over the London capital markets. Gambling-Related […]
Business
April 17, 2024
Entain’s Q1 Results Reveal Growing Challenges and Emerging Opportunities
In its recent trading update, global gambling giant Entain showcased resilience as it reported a year-on-year rise in revenue for the first quarter despite facing declines in the UK and Ireland markets. The company’s performance underscores its strategic successes but also highlights ongoing challenges in navigating evolving industry dynamics and regulatory pressures. Many Regions Showed […]
Business
April 17, 2024
Flutter Promotes a Paddy Power Online Sports Director from Within
Global sports betting, gaming and entertainment provider Flutter has promoted from within, naming the experienced Andy Branigan as the new sports director of its Paddy Power Online brand. In this position, the appointee will be responsible for the sports operations of the company’s Irish online betting arm. Branigan is no stranger to Flutter’s business and […]
Business
April 17, 2024
Michigan Betting, iGaming Operators Post Uptick in Handle for March
March marked another busy month for licensed online gambling and sports betting operators in Michigan. Details released by the state gambling regulator, the Michigan Gaming Control Board (MGCB), revealed that gross receipts during last month marked an uptick of nearly 20% month-over-month. At the same time, the betting handle also soared by nearly 20% when […]
Business
April 17, 2024
Handelsbanken Fonder Challenges Endeavor’s $13B Take-Private Deal
Swedish banking institution Handelsbanken Fonder AB has launched a legal challenge against Endeavor Group Holdings‘ proposed $13 billion take-private deal. The move aims to halt the acquisition led by private equity titan Silver Lake Capital, which seeks to delist Endeavor from the New York Stock Exchange. Allegations of Insider Favoritism Rock High-Stakes Buyout Endeavor, the […]
Business
April 16, 2024
Jonathan Chilton Drives Innovation as Aspire Global Managing Director
Aspire Global, a subsidiary of NeoGames, has announced the appointment of Jonathan Chilton as Managing Director. With over 19 years of experience in the iGaming industry, Chilton brings substantial expertise in B2B and B2C operations. His leadership skills will be a significant boon to the Aspire Global management team, helping drive innovation and ensure success. […]
Business
April 16, 2024
FairPlay Sports Media Bolsters Strategic Vision with Two New Executives
FairPlay Sports Media (FPSM) has strengthened its senior leadership team by appointing two new executives to its C-suite. Niall Dore, former head of Betfair, joins as chief financial officer (CFO), while Kelly Brooks, founder of Quarter4, assumes the role of chief product officer. Both new hires possess considerable industry experience and should significantly contribute to […]
Business
April 16, 2024
Gambling Spend Skyrockets by 18% in Denmark for February
Spillemyndigheden, the Danish gambling regulator, released new data, highlighting a significant increase in the spending on gambling activities for this February. Data disclosed Tuesday revealed that the total gambling spend on online casino, gaming machines, land-based casinos and betting, skyrocketed to DKK 587 million ($83.8 million). The aforementioned result, compared year-over-year to the February 2023 […]
Business
April 16, 2024
Analysts Bullish on MGM Resorts Stock for Near-Term Rebound
MGM Resorts International, the globally recognizable entertainment and gaming operator, received a “Buy” rating for its stock by an expert analyst, while another firm recently highlighted the possibility for the company’s stock to rebound, despite recent dips. As of the market close on Monday, April 15, 2024, MGM’s stock traded at $42.85 per share. A […]
