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Business News and Headlines
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 […]
Business
June 5, 2023
Craig Billings Remains at Wynn Resorts’ Helm through 2027
In February last year, Craig Billings replaced Matt Maddox for the role of chief executive officer (CEO) of the gaming and entertainment giant, Wynn Resorts. Overall, Billings was a part of the company for more than six years and has previously held the role of chief executive officer of Wynn Interactive. Before being appointed as […]
Business
June 5, 2023
Koin Payments Ushers In Cashless Gaming in Northern Nevada with Baldini’s Casino
The partnership makes the casino the first property to implement Koin Payments’ cashless solution in the region and offer an improved wagering experience that is based on the latest trends in the industry. Northern Nevada Rolls Out First Cashless Casino Technology Adopting cashless has long been seen as a controversial decision for various reasons – […]
Business
June 2, 2023
Codere Posts Stellar 2023 Start with Q1 Revenue up by 19%
Globally recognized gambling operator Grupo Codere published its latest trading update, outlining details regarding the company’s performance for the first quarter of 2023. On Friday, the company released its latest report, revealing that its total revenue in Q1 2023 hit €350 million ($375.5 million). This result, when compared to the corresponding period in 2022, marked […]
Business
June 2, 2023
BoyleSports Forays into Stevenage with a New Shop
BoyleSports, an Irish gambling company, has unveiled a new shop in the United Kingdom. The bookmaker’s new location is in Stevenage Old Town, allowing locals to play many exciting gambling games. The announcement was made by Dan Robinson, BoyleSports’ retail machine manager, who was excited about the opening. The manager used the opportunity to highlight […]
Business
June 2, 2023
Sports Betting Handle Plummets in Ohio for April to $521M
The sports betting regulator in Ohio, the Ohio Casino Control Commission, has announced its latest report, revealing data regarding the performance of licensed mobile and retail sports betting operators in the state. The report unveils the figures for April, showing a drastic decrease in the betting handle when compared to a month earlier. The new […]
Business
June 2, 2023
Soft2Bet Inks New Content Partnership with RAW Arena
The provider of innovative content for the online gambling vertical, RAW Group, announced that RAW Arena, its aggregation business unit, forged a new partnership with the leading iGaming software, content, solutions and affiliate platform provider, Soft2Bet. Under the terms of the recent deal, RAW Arena agreed to deliver games from RAW iGaming, effectively expanding the […]
Business
June 2, 2023
Resorts World Sentosa’s Deputy CEO Lam Yi Young Resigns
While the company did not provide any official insights into the arguments for why Lam Yi Young decided to resign, the former CEO took to his LinkedIn account to offer a comprehensive explanation. Pursuing Other Interests Under the #TakingABreak tag, Young explained that he took a three-month break from his full-time work obligations at Resorts […]
Business
June 2, 2023
Nevada Revenue Records Modest April Growth
The gambling capital of the United States reported a 2.7% year-on-year increase in gambling revenue for April 2023. This positive result reflects the resilience and recovery of Nevada’s gambling industry despite ongoing challenges. However, lacking momentum means that the state’s winning streak may be nearing its end. Slots and Sports Betting Spearheaded Growth April marked […]
Business
June 2, 2023
PayNearMe Secures $45M Funding to Boost Growth
The funding round, led by Queensland Investment Corporation, and closed at $45 million with the help of Costanoa Ventures, DNS Capital, True Ventures Invicta Management, H. Barton Asset Management, and August Capital, gives the company the opportunity to continue innovating its payments solutions and deliver data-driven value to its partners. PayNearMe to Leverage Financial Injection […]