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Business News and Headlines
Business
February 2, 2024
Rank Group Enjoys Strong Results, Remains Optimistic about UK Growth
The Rank Group released its latest interim results, uncovering details regarding its progress over the six months ended December 31, 2023. The company referred to the period as H1 2023/24, with results pointing to an increase in net gaming revenue (NGR) year-over-year. Besides financial data, Rank Group released details regarding its expectations for 2024 in […]

Business
February 2, 2024
Xace Acquires MFSA Licence, Boosting Its Growth in the EU
The Malta Financial Services Authority (MFSA) has granted a license to Xace, the specialist financial institution that offers accounts and payments for the iGaming industry with licenses in Canada, Malta, and the UK. Xace to Accelerate Its Growth in the EU Thanks to the new certification, the pioneering payment provider that offers segregated and named […]

Business
February 2, 2024
Crucial Compliance Confirms Restructuring of Product Range
Crucial Compliance is a leading provider of compliance solutions, powering the operations of gambling companies across the globe. The company leverages innovative proprietary technology and provides a wide range of compliance-related services. Ultimately, Crucial Compliance allows companies to scale up their operations while meeting compliance standards within different jurisdictions. Recently, the company confirmed an important […]

Business
February 1, 2024
Endeavor to Merge IMG ARENA into OpenBet
Global sports and entertainment company Endeavor announced its intention to merge its global sports betting and data businesses, OpenBet and IMG ARENA. According to the announcement, IMG Arena will be integrated under the OpenBet banner. As a part of OpenBet, IMG ARENA will continue to offer its sports data, integrity and fan engagement products. The […]

Business
February 1, 2024
Levy Brothers Leave Penn Entertainment Amidst Strategic Restructuring
In a strategic leadership transition, the founding family behind theScore will step down from their roles at PENN Interactive, a subsidiary of PENN Entertainment, Inc. The operator retains its focus on consolidating its offerings following the successful launches of ESPN Bet and theScore Bet and should be well-positioned to pursue further growth in 2024. The […]

Business
February 1, 2024
20SHOTS Secures an Investment from Steve Rogers
Steve Rogers’ new infusion of funds in the provider of “best in class, free-to-play games” that boost customer acquisition and engagement, 20SHOTS, joins similar investments aimed at the same company announced by other big names in the industry. The list includes Gambit Research’s former chief executive officer, Jasper White, Playtech BGT Sports’ chief commercial officer, […]

Business
February 1, 2024
BetMakers Reports Revenue Growth, Highlights Achievements in Q2 FY24
The leading international provider of business-to-business betting technology, content data, services and solutions, BetMakers Technology Group, released its latest quarterly activities report earlier this week. The company’s unaudited Q2 FY24 report reveals details regarding its performance for the three months ended December 31, 2023. For the latest trading period, BetMakers posted strong revenue which hit […]

Business
February 1, 2024
Xpoint Secures Licenses in 12 New States plus DC
Geolocation technology specialist Xpoint has vastly expanded its US presence after securing licenses in a whopping 12 new states, as well as in the District of Columbia. The company now boasts licenses in 19 states covering almost three-fourths of America’s population. As announced, Xpoint secured licenses in the states of Colorado, Indiana, Iowa, Kentucky, Louisiana, […]

Business
February 1, 2024
Evolution Wraps up a Successful Q4 and 2023, Posts Strong Results
Evolution, the leading business-to-business supplier of technology, content and solutions, catering to the global gambling and betting industry, uncovered details regarding its fourth quarter and full year 2023 performance. The company’s latest financial update emerged Thursday, pointing to strong growth in operating revenues, EBITDA and operating profit. The latest trading update reveals that Evolution’s operating […]

Business
February 1, 2024
Aircash’ 2024 Focus: Continuous Stability and Recognition in EU Markets
Reflecting on the past year, Aircash’s unwavering focus on the European Union (EU) has solidified its position and provided invaluable insights into the region’s dynamic landscape. Despite navigating stiff competition from established players, Aircash successfully increased awareness of its offerings among clients and users, laying a robust foundation for future growth and trust-building. Building for […]
