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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 […]
Business
April 16, 2024
ESPN Bet’s Underperformance Causes Analyst to Lower Penn’s Price Target
In a recent development impacting the stock market, Penn Entertainment saw a downgrade in its price target by Deutsche Bank analyst Carlo Santarelli. The analyst revised the target down to $19 per share from the previous $22, maintaining a “Neutral” rating. This alteration came in the wake of a turbulent trading day where Penn Entertainment’s […]
Business
April 15, 2024
Strive Gaming Onboards Ian Smith as Chief Technology Officer
Strive Gaming, a leading gaming platform provider for North America, has announced the appointment of Ian Smith as its new chief technology officer (CTO). With an illustrious career spanning over two decades in the gaming industry, Smith is the perfect addition to Strive’s management team, enhancing the quality of its offerings and bringing a fresh […]
Business
April 15, 2024
Square in the Air Bolsters Strategic Vision with Key New Hire
Square in the Air, a leading marketing and PR supplier in the iGaming industry, has appointed Mark Armitage as the director of its newly created performance marketing division. Armitage brings over 16 years of industry experience to his new role, having held prominent positions at companies such as Kindred Group and William Hill. Quality Marketing […]
Business
April 15, 2024
Relax Gaming Appoints Martin Stålros as CEO
Relax Gaming, a leading iGaming supplier and aggregator, has designated Martin Stålros as its new chief executive officer. In this position, Stålros will replace the outgoing Simon Hammon who has served as CEO since 2022. The latter will remain on board until October to ensure a smooth transition of responsibilities. Stålros is no stranger to […]
