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Business News and Headlines
Business
February 27, 2024
DraftKings’ Resilience Shines Amidst Market Challenges, Signals Growth
In the midst of recent market fluctuations, DraftKings Inc appears to be garnering significant attention from investors eyeing potential opportunities. Despite experiencing a 9.56% decline over the past week, DraftKings stock has remained resilient, prompting experts to consider the current scenario as a potential buying opportunity. DraftKings Rides the Market Fluctuations and Positions Itself for […]

Business
February 26, 2024
Mohegan to Step Down from Resorts Casino Hotel Management Role
Mohegan, a prominent Native American gaming and hospitality operator, has announced it will conclude its management assignment at Resorts Casino Hotel in Atlantic City, NJ, by the end of 2024. This development marks the end of a fruitful partnership and relationship with the Bailey and Jerome families, contributing significantly to the evolution of the gaming […]

Business
February 26, 2024
Bundesliga Extends Long-Term Deal with Sportradar by 6 Years
Bundesliga International, a subsidiary of DFL Deutsche Fußball Liga, has extended its existing agreement with Sportradar, a leader in sports technology. Under the new deal, the sports services powerhouse will continue to serve as a global partner to the league through the end of the 2031-2032 soccer season. According to the announcement, Sportradar and Bundesliga […]

Business
February 26, 2024
PointsBet Posts H1 Results, Records Sharp Net Loss Decrease
PointsBet, which recently posted its Q2 results, has officially posted its H1 results, reporting a significant net loss decrease. The improved results were attributed to the recent sale of PointsBet’s US business to Fanatics Betting and Gaming. As PointsBet continued its business in Australia and Canada, it recorded statutory revenue of AUD 117.9 million ($77.2 […]

Business
February 26, 2024
PointsBet to Welcome Lucas as CTO, Part Ways with Bowskill
PointsBet, a major sports betting operator, has enhanced its tech team with the addition of Daniel Lucas as chief technology officer. As someone who has previously served Flutter Entertainment, the new appointee will be a valuable addition to the PointsBet C-suite. PointsBet described Lucas as a seasoned veteran with years of experience and an impressive […]

Business
February 23, 2024
Hacksaw Agrees to Supply Games to JOI Gaming’s JACKS Brand
Hacksaw Gaming has expanded in the Dutch market thanks to a partnership with a local iGaming leader. As announced by the company, it has now teamed up with JOI Gaming, agreeing to power its JACKS.NL brand with a variety of slot games. JOI Gaming is the online division of JVH Gaming & Entertainment Group, a […]

Business
February 23, 2024
Melco Resorts CEO Lawrence Ho Exits Hong Kong’s 50 Richest
Lawrence Ho, the founder, chairman, and CEO of Melco Resorts and Entertainment, has lost his position in Hong Kong’s 50 Richest list published by Forbes. The 47-year-old casino magnate and the eldest son of Macau’s late gaming pioneer Stanley Ho had been a regular on the list for the past ten years. However, macroeconomic pressures […]

Business
February 23, 2024
DAZN Doubles Down on France, Appoints Brice Daumin as CEO France & Switzerland
DAZN Group, the world’s daily destination for sports fans, has enhanced its leadership with a new addition to its C-suite. According to the announcement, the experienced Brice Daumin will join DAZN’s team as chief executive officer of its French and Swiss operations. In his new position, the appointee will be responsible for overseeing DAZN’s growth […]

Business
February 23, 2024
Bragg Gaming Supplies Content to Golden Nugget Michigan
Bragg Gaming Group, a content-driven iGaming technology provider, announced that it has launched its latest content and Remote Game Server (RGS) technology in Michigan with Golden Nugget. Bragg praised the launch as a significant milestone, saying that it reflects its ongoing strategy to expand its presence in North America. The supplier remains bullish on driving […]

Business
February 22, 2024
Aristocrat CEO Highlights the Company’s Progress in Annual Address
Aristocrat’s chief executive officer, Trevor Croker, has addressed the company’s recent performance, expressing optimism in its ability to digitalize its traditional casino games. In his address during the annual general meeting, Croker commented on Aristocrat’s FY results, praising the company’s growth. He pointed out that FY23 saw the company deliver revenue of $6.3 billion and […]
