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Business News and Headlines
Business
February 28, 2024
Light & Wonder Posts Q4 Financials, Reports Robust Momentum
Light & Wonder has reported its results for the fourth quarter and fiscal year ended December 31, 2023, announcing strong momentum. The company’s metrics continued to grow, underpinned by strong performance across all of its business. Q4 was notably the 11th consecutive quarter of consolidated growth for Light & Wonder and the 6th consecutive quarter […]

Business
February 27, 2024
GiG Promotes Matejic to Fresh COO Position
Leading affiliate in the iGaming world that drives over 100,000 depositing players on a yearly basis, Gaming Innovation Group (GiG) Media, has announced it has taken its plan to split its two businesses into two companies listed independently publicly a step further. Namely, GiG Media has completed its goal to create a new chief operating […]

Business
February 27, 2024
ClearStake Bags Seven-Figure Funding Round
London-based financial services firm with a focus on open banking systems, ClearStake, has secured a seven-figure sum from its latest funding round. This means the 2020-founded company that lets players share data in whatever way works for them can start working toward more growth in the future, with special emphasis on scaling its global business […]

Business
February 27, 2024
Mintzy Plays Poker Instead of Attending Barstool Event, to Portnoy’s Dismay
Ben “Mintzy” Mintz, a famous Barstool Sports representative, has found himself in hot water with his boss, Dave Portnoy. The reason the Barstool boss was unhappy with Mintzy was the latter man’s decision to attend a poker tournament instead of the Barstool Combine in Chicago. Mintz may have intended to travel to the event once […]

Business
February 27, 2024
FanDuel Reportedly Hires Former NIGC Chairman Simermeyer
Last month, the leading betting and gaming operator, FanDuel, hired Frank Sizemore, the former VP of operations for San Manuel. At the time, he was appointed to the role of VP for strategic partnerships, in a move that signals the company’s plans to collaborate with Indian Country. This wasn’t the only recent appointment for an […]

Business
February 27, 2024
Catena Media CEO Steps Down; Interim CEO Appointed
Casino affiliate Catena Media announced that it will be parting ways with its chief executive officer, Michael Daly. According to the company, Daly’s decision followed extensive consideration and consultations with the board. Catena added that the resignation takes immediate effect. As Daly departs, the position will be temporarily filled by Pierre Cadena, the company’s vice […]

Business
February 27, 2024
Playtika Unveils Q4 2023 and Fiscal Year Financials, Showcases Mixed Results
Playtika Holding Corp., a leading Israel-based mobile gaming company, has released its financial results for the fourth quarter and fiscal year ending 31 December 2023. Ongoing instability in Israel and Ukraine impacted the operator’s financials, prompting management to consolidate its position and temporarily halt its expansion plans. However, Playtika’s leadership is confident the company can […]

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 […]
