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Business
April 3, 2024
GAN Gives Brian Chang the Position of Chief Financial Officer
NASDAQ-listed, leading business-to-business technology supplier of online gaming solutions and global business-to-consumer operator of online sports betting, GAN Limited, has announced the appointment of Brian Chang as the new chief financial officer. Chang, who has already served this position in an interim capacity, will mainly focus on guiding GAN’s steps toward a timely merger with […]
Business
April 3, 2024
XLMedia Completes Sale of Freebets to Gambling.com
Betting media agency XLMedia has confirmed the completion of its recent deal with the performance marketing specialist Gambling.com Group. As previously agreed, the former party divested its sports betting and gaming assets in Europe and Canada in a $42.5 million deal. The agreement includes a fixed consideration of $37.5 million, which will be paid out […]
Business
April 3, 2024
Silver Lake to Acquire Endeavor Group Holdings
The global sports and entertainment company, Endeavor Group Holdings, announced it has agreed to be acquired by the leading technology investor, Silver Lake. Announced Tuesday, the new acquisition will see Silver Lake pay $27.50 per share in cash for Endeavor. This price represents a 55% premium of the company’s unaffected share price as well as […]
Business
April 3, 2024
K&F Growth Capital Shares Concerns, Sends Letter to Bally’s
Back in March, Standard General, a company that currently holds a significant 23% stake in Bally’s Corporation, the leading gaming and entertainment company, disclosed its intentions to acquire all outstanding shares in Bally’s. This became clear from a filing with the US Securities and Exchange Commission (SEC). This non-binding letter proposed a price of $15 […]
Business
April 3, 2024
Harry Reid Airport Logged a Record Number of Passengers in February
Las Vegas’ Harry Reid International Airport has published travel figures for the second month of 2024, highlighting its best February ever. The spectacular figures were bolstered by the Super Bowl and an extra day due to Leap Year. In total, the airport recorded 4.33 million arriving and departing passengers in February, which represents a 3.8% […]
Business
April 2, 2024
Virginia Sportsbooks Record 25% YoY Handle Boost in February
The Virginia Lottery, which regulates sports wagering in the Commonwealth of Virginia, has released the February 2024 report on sports wagering activity submitted by licensed operators in the state. According to official data, between February 1 and February 29, sports fans in Virginia wagered $545,068,429, with $540,138,289 in gross sports gaming revenue from mobile operators […]
Business
April 2, 2024
Soft2Bet Celebrates New Office with Ribbon Cutting Ceremony
Soft2Bet, a leading operator and provider of iGaming and online sports betting solutions, has inaugurated a new office in Malta. According to the company, this opening will allow it to scale its team, in line with its corporate ambitions. According to the operator and platform provider, its new office is located in The Quad Central […]
Business
April 2, 2024
Advent International to Take Nuvei Private Under New Agreement
The leading payment technology provider, powering companies across the globe, Nuvei Corporation, announced a new strategic agreement. On Monday, the company confirmed it has entered into a definitive arrangement agreement to be taken private by the leading and most experienced global private equity investor, Advent International. The latest move is supported by the company’s holders […]
Business
April 2, 2024
NY Betting Operators Post Uptick in Handle Fueled by March Madness
January 8, 2022, marked a monumental date for betting enthusiasts and sports fans alike in New York. This was the date when the state officially launched its online sports betting market, paving the way for the exponential expansion of the activity across The Empire State. Since the launch of mobile betting, more than two years […]
Business
April 2, 2024
Genius Sports Parts Ways with Apax Partners’ Gabriele Cipparrone
Genius Sports, a data and tech partner that powers the global ecosystem connecting sports, betting and media, announced the departure of Apax Partners partner Gabriele Cipparrone from its board of directors. The director’s exit comes in the wake of a reduction in holdings in Genius Sports by Apax Funds through a secondary sale on April […]
