Business
March 13, 2024
Betting Handle in Indiana Hits $409 Million for February
Despite the positive impact of the Super Bowl last month, sportsbooks in Indiana posted a month-over-month decrease in betting handle and revenue, data released by the gambling regulator in the state, the Indiana Gaming Commission (IGC) reveals. In February, the total reported handle by licensed sports betting operators in the state was $408.7 million. This […]
Business
March 13, 2024
BGaming Agrees to Provide Betsson with Games
BGaming, an expert in online casino content, has formed a new partnership with Betsson, a leading online gambling operator. Under the deal, the supplier will power the operator with its award-winning portfolio of slots in multiple European markets. According to the announcement, BGaming will provide certified games to the MGA and Hellenic Gaming Commission-licensed operator. […]
Business
March 13, 2024
Inspired Supplies Virtual Sports to BetRivers New Jersey
Inspired Entertainment, a leading business-to-business provider of gaming content, systems and solutions, has joined forces with Rush Street Interactive. This New Jersey-oriented partnership will see the former company supply its new client’s BetRivers brand with its best-in-class Virtual Sports content. As a result, BetRivers players will get to try out Inspired’s renowned Virtual Sports games […]
Business
March 13, 2024
Entain Strengthens Board with Former Wynn Resorts President
Entain, the global sports betting and gaming conglomerate, has appointed Ronald J. Kramer, former president of Wynn Resorts, to its board of directors as an Independent non-executive director. Kramer’s extensive experience in the gaming industry, coupled with his corporate finance background, is expected to fortify Entain’s position in the US market. Kramer’s Arrival and Share […]
Business
March 12, 2024
IGT Achieves FY 2023 Goals Ahead of Milestone Merger
International Game Technology (IGT), a global leader in the gaming industry, reported robust fiscal year 2023 financial results, achieving all of its financial targets ahead of the planned merger of its Global Gaming and PlayDigital businesses with Everi Holdings Inc. IGT’s management remain optimistic, projecting new investment opportunities and stable growth. The Company Accomplished Record […]
Business
March 12, 2024
Rush Street Interactive Eyes Expansion Following Robust FY 2023
Rush Street Interactive (RSI), a prominent player in the online casino and sports betting sphere across the Americas, has reported impressive financial results for the fourth quarter and full year ending 31 December 2023, sparking discussions about potential expansion opportunities. The company’s recent earnings call highlighted its robust strategic position, forming a stable foundation for […]
Business
March 12, 2024
Entain Reportedly Eyes Potential Sale of PartyPoker
In an effort to counter activist investors and keep its focus on core operations, the owner of Ladbrokes, Entain, is reportedly exploring options for selling PartyPoker. Last year, industry analysts suggested Entain may consider selling its stake in MGM, media reports confirmed at the time. Another option Entain may explore, as suggested by expert analysts, […]
Business
March 12, 2024
Stakelogic Supplies Midnite with Cutting-Edge Content
Stakelogic, a leading provider of gaming content, announced an exciting new partnership arrangement with Midnite, an up-and-coming iGaming and online wagering operator. Under the deal, the former company will inject its portfolio of “convention-defying” slot games and unparalleled live casino content into Midnite’s platform. As a result, Midnite customers will get to fire the reels […]
Business
March 12, 2024
Ainsworth Shareholder Accuses CEO of Devaluating the Company’s Shares
Ainsworth Game Technology’s leadership has been accused of talking down the value of the stock, the Australian Financial Review reported. Shareholders believe that this devaluation, which comes amid the company’s strategic review, might be related to the rumored takeover by Novomatic. For reference, Macquarie was hired to conduct Ainsworth’s strategic review in 2023. The news […]
Business
March 12, 2024
Standard General Makes Offer to Acquire Bally’s Corporation
Standard General, a New York-based hedge fund, has proposed to acquire the remaining shares of Bally’s Corporation, a renowned casino operator, at a price of $15 per share. This proposition represents a substantial increase of 41% over Bally’s closing share price on March 8, 2024. Standard General’s Ambitious Bid for Bally’s Spurs Investor Optimism Standard […]
