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Business
January 25, 2024
Caesars Offers $1.5bn in Bonds, Plans New $2bn Term Loan
The leading hospitality and gaming company, Caesars Entertainment, announced a major financial move Wednesday. The company confirmed in a statement that it plans to sell some $1.5 billion in bonds. The bonds would be available for qualified institutional buyers in a private placement in line with Rule 144A of the Securities Act of 1933. The […]
Business
January 25, 2024
Inspired Entertainment Outlines Strategy to Address Nasdaq Compliance
Leading B2B gaming content provider, Inspired Entertainment Inc., has revealed its comprehensive plan to address compliance concerns raised by the Nasdaq Stock Market. Inspired Unveils Strategic Moves with Filing Plans and Nasdaq Compliance Strategy Inspired disclosed its intention to file a Form 10-K/A for the year ended December 31, 2022, along with restated financial statements. […]
Business
January 24, 2024
Videoslots Onboards Industry Expert Anna Komemi as COO
Online casino operator Videoslots has announced the appointment of Anna Komemi as chief operating officer (COO). Komemi boasts nearly twenty years of industry experience and will contribute her substantial insights accumulated at companies like Ladbrokes, Playtech, and Aspire. Her diverse expertise makes her an invaluable addition amidst rising regulatory uncertainties. Komemi Boasts an Impressive Track […]
Business
January 24, 2024
Amid FDJ Takeover Bid, Capital Research Reduces Shares in Kindred
Capital Research and Management Company, a subsidiary of The Capital Group Companies, Inc., reduced its shares in Kindred Group. On Wednesday, Kindred confirmed that it received notification about the reduced number of shares and voting rights by Capital Research and Management Company. Per the notification, as of January 22, 2024, Capital Research and Management Company […]
Business
January 24, 2024
Flutter Prepares for NYSE Listing, Exits Dublin Stock Exchange
Flutter Entertainment, the operator of FanDuel, has spent significant time preparing for this strategic move as it pivots its attention to the lucrative US market. The global gambling giant will maintain its listing on the London Stock Exchange, signifying its ongoing commitment to maintaining a presence in its core jurisdictions. However, the move to the […]
Business
January 24, 2024
GiG Unveils Next-Gen iGaming and Sportsbook Solutions
Gaming Innovation Group (GiG), a recognized leader in the B2B online gaming industry, has revealed a suite of cutting-edge product enhancements, significantly bolstering its portfolio. These new solutions should substantially elevate the company’s position in the competitive global market and help it maintain its impressive 2023 momentum through additional strategic partnerships. CoreX and SportX Incorporate […]
Business
January 24, 2024
The Star Selects Daniel Finch for Brisbane CEO
The leading gambling and entertainment company in Australia, The Star Entertainment Group, announced a new strategic senior-level appointment. The company confirmed Tuesday it selected the former Expedia Australia executive, Daniel Finch, for the role of chief executive officer (CEO). In his new position with The Star, he will be tasked with overseeing the company’s Brisbane […]
Business
January 23, 2024
Betr Shares Ambitious Plans for Betting and iGaming Expansion
The fast-growing sports gaming and sports media company, Betr, announced ambitious plans for the year ahead. Today, the company confirmed it anticipates expanding across the United States after securing several sports betting market access agreements. Betr’s beta product, referred to by the company’s co-founder Joey Levy as V0, is currently live in Ohio, Massachusetts and […]
Business
January 23, 2024
Sportingtech Appoints New CEO to Spearhead 2024 Expansion
Betting and gaming platform provider Sportingtech has named Tom Ustunel its new chief executive officer, entrusting him with spearheading the company’s further expansion in 2024. Ustunel, who has been with Sportingtech for the last two years, supporting strategic initiatives and familiarizing himself with the brand’s award-winning products, brings a wealth of experience from leadership roles […]
Business
January 23, 2024
NC State Lottery Commission Approves GLI as Independent Test Lab
Gaming Laboratories International (GLI), a provider of high-quality land-based, lottery, and iGaming testing and assessment services, announced that it has been approved as an Independent Test Lab in North Carolina. Having been greenlit by the NC State Lottery Commission, GLI now has authorization to evaluate gambling equipment, software and processes for compliance with state law […]
