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Business News and Headlines
Business
January 18, 2024
Study Suggests Indiana Can Rake in Millions in Tax Revenue from iGaming
Currently, less than ten US states offer legal online gambling activities. Unlike sports betting which is available in close to 40 states, iGaming activities are yet to lift off and expand across the country. Major online gambling markets are New Jersey, Pennsylvania, as well as Michigan. Considering the benefits the activity can bring, different states […]

Business
January 17, 2024
888 Records 8% Annual Revenue Drop in 2023
The UK-headquartered, leading betting and gaming company that acquired William Hill’s non-US business in 2022, 888 Holdings Plc, has published its post-close trading figures. The report indicates an 8% decrease in the group’s annual revenue for the full year 2023, emphasizing important drops in the UK online and global markets. The fourth quarter’s revenue reached […]

Business
January 17, 2024
Flutter Completes Majority Acquisition Deal with MaxBet
Gambling giant Flutter Entertainment announced that it has completed its majority acquisition of MaxBet, a Serbian gambling operator. The move was officially announced in September 2023, with Flutter agreeing to pay €141 million (roughly $153 million, current rates) to acquire a majority stake in the Balkans-oriented company. The deal has now been closed, putting Flutter […]

Business
January 17, 2024
Massachusetts Casinos, Betting Operators Post Strong December Results
The gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), released its latest report Tuesday, outlining details regarding the performance of licensed sports betting and casino operators for December. Last month marked a strong period for brick-and-mortar casinos and sports betting operators, considering that the total taxable gaming revenue hit $163.6 million. This result marked […]

Business
January 17, 2024
GLI Names Ginnie Hollis and Samantha Powell as VPs of Engineering
Gaming Laboratories International (GLI), a provider of high-quality testing services to the gambling industry, announced two important promotions. As reported by the company, the experienced Ginnie Hollis and Samantha Powell have been promoted to vice president positions, reinforcing the company’s global leadership team. Ginnie Hollis, GLI said, is based in GLI’s office in Colorado, USA, […]

Business
January 17, 2024
Aristocrat Launches NFL Super Bowl Link ahead of the Super Bowl
Aristocrat Gaming continues the rollout of its NFL-themed slot games. Yesterday, the leading slot machine and casino game manufacturer released its new NFL Super Bowl Link. The new title is a class 3 game on Aristocrat Gaming’s popular MarsX Portrait cabinet and comes just in time for the real-life Super Bowl. Described as a high-volatility […]

Business
January 17, 2024
Play’n GO Breaks through in West Virginia via RSI Partnership
This newest expansion follows the success Play’n GO experienced with Rush Street Interactive (RSI)’s BetRivers brand in Michigan. The collaboration aims to replicate this success in West Virginia, bringing some of Play’n GO’s classic titles to Rush Street’s players. The leading supplier’s impressive US track record means the launch should significantly further its regional ambitions. […]

Business
January 17, 2024
OnAir Entertainment Faces Allegations of Corporate Espionage
Former employee Ivans Ivanovs has accused live casino game developer OnAir Entertainment of maintaining illegal access to Playtech’s internal systems for a staggering two years. The breach of confidentiality allegedly continued even after Igor Veliks, a key figure in the scandal, had left his employment with Playtech Live Latvia. Whistleblower Reveals Unethical Practices at OnAir […]

Business
January 16, 2024
Konami Gaming Names Stephanie Lau VP of Sales Enablement
The leading designer and manufacturer of casino management systems and slot machines, powering gambling operators across the globe, Konami Gaming, unveiled a new C-suite appointment. The company has announced it strengthened its senior-level team with the addition of Stephanie Lau. Joining Konami, she was appointed to the role of vice president of sales enablement and […]

Business
January 16, 2024
Stakelogic Live Chooses Edgars Isajevs as Head of Live Casino
The provider of top-tier casino games that are changing how players play, Stakelogic, has taken a new step toward strengthening its position as a leader in the online gaming world while proving its uninterrupted plans to offer cutting-edge, unifying experiences. Namely, the company that is all about “innovation and revolutionizing the online gaming industry” has […]
