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Business News and Headlines
Business
June 8, 2023
Aristocrat CPO Points Benefits the Acquisition of NeoGames Will Bring
In mid-May, Aristocrat Leisure Limited unveiled details regarding an acquisition of the iLottery and iGaming solutions provider, NeoGames. The deal with a price tag of a staggering $1.2 billion ultimately seeks to provide a significant boost for Aristocrat, powering its expansion and presence within different verticals. The Israeli-based online gambling, lottery and betting solutions provider, […]
Business
June 7, 2023
Stakelogic Concludes Milestone Deal with Industry Giant Paddy Power Betfair
A recent announcement by Stakelogic outlined the partnership details, which marks a significant milestone for both companies. The supplier’s ever-growing collection of popular titles will be instrumental for Betfair as the operator seeks to regain its footing in the UK amidst recent controversies. Stakelogic, in turn, maintains its expansionist mindset, solidifying its prime market position. […]
Business
June 7, 2023
DWG Expands RSI Deal, Launches Content in Pennsylvania
Design Works Gaming (DWG), a supplier and developer of premier casino content, has further expanded its existing relationship with the entertainment giant Rush Street Interactive (RSI). Under a new deal, the former entity agreed to supply the operator’s business in Pennsylvania with a selection of games. Thanks to the new arrangement, RSI will be able […]
Business
June 7, 2023
Rank Group Designates Andrew Peat as Managing Director
Rank Group, a UK-based gambling company, has expanded its team with a new managing director of its Rank Interactive division. The one up to the task is the experienced Andrew Peat who will take up the role later in 2023. Peat is no stranger to the betting industry and is currently a sportsbook director at […]
Business
June 7, 2023
Light & Wonder CEO Predicts EBITDA Growth to $1.4bn by 2025
Light & Wonder’s CEO, Matt Wilson, was recently interviewed by CommSecTV, the digital media of Australia’s leading online broker that provides investors with valuable insights, CommSec. Speaking about Light & Wonder, the CEO predicted exponential growth and explained how strategic processes positioned it for expansion on a global scale. Previously Light & Wonder was known […]
Business
June 7, 2023
Investor Group Sets Sights on 888 Holdings for Value Boost
A group of seasoned professionals in the gambling industry is pushing for a transformation at 888 Holdings Plc, the parent company of British bookmaker William Hill, with the aim of enhancing the bookmaker’s value. Lee Feldman and Former Entain Executives Unite to Drive Change at 888 Holdings Notable members of the consortium group include Lee […]
Business
June 7, 2023
PGA Tour, DP World Tour, and PIF Unveil Historic Partnership to Unify Golf
In a groundbreaking announcement, the PGA Tour, DP World Tour, and the Public Investment Fund (PIF) have unveiled their collaboration to establish a new commercial entity aimed at unifying the world of golf. Collaboration Aims to Foster Team Golf and Build on LIV Golf’s Success The primary objective of this alliance is to promote and […]
Business
June 6, 2023
Honore Gaming Boosts African Presence via New Office in Senegal
The leading platform provider and technology company powering land-based, online casino and sports betting operators, Honore Gaming, expanded further its global footprint after opening a new office. On Tuesday, the company confirmed it grew further its presence in the African market by opening a new state-of-the-art office. The new office, Honore Gaming said, is located […]
Business
June 6, 2023
Ben Clemes Becomes Investment Portfolio Partner at HappyHour
The leading investment firm within the iGaming vertical, HappyHour.io, announced it strengthened its C-suite thanks to a new appointment. The company revealed it expanded its list of experts by adding Ben Clemes to the role of investment portfolio partner. To his new role, he brings extensive experience of nearly two decades within business development, user […]
Business
June 5, 2023
Casumo Selects Janice Duncan for Group Chief Financial Officer
The leading Maltese online casino, Casumo, strengthened its senior-level team by hiring Janice Duncan, a proven industry expert with a track record within the gambling vertical. Joining the company, she was appointed to the role of group chief financial officer (CFO). As a part of Casumo’s C-suite, Duncan joins a team under the leadership of […]