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Business
December 18, 2023
Svenska Spel Names Anna Johnson as CEO, Hofbauer to Depart in February
Svenska Spel, a Swedish state-owned gambling operator, has named Anna Johnson as the successor of its current chief executive officer, Patrik Hofbauer. The latter announced his exit earlier this year, opting to explore other opportunities instead. Johnson will serve as Svenska Spel’s new president and CEO and is set to step into the office by […]
Business
December 18, 2023
Digitain Promotes Edmond Ghulyan to Chief Strategy Officer
Digitain provider of sportsbook software, iGaming platform, turnkey and API solutions, has strengthened its senior management team with a new promotion. As announced by the company, Edmond Ghulyan will climb its ranks and will now serve as its new group chief strategy officer and chief of Centrivo Product Solutions. In this new position, Ghulyan will […]
Business
December 18, 2023
Fanatics May Be Positioning Itself to Go Public in 2024
The potential public offering comes on the heels of two investor days this year, fueling previous market rumors suggesting a possible IPO debut for the Florida-based merchandise and media giant. The company’s successful foray into sports betting highlighted its successful diversification efforts as it built upon its partnerships with high-profile leagues like the NFL, NHL, […]
Business
December 18, 2023
Raketech Welcomes Dalia Turner as Its New Chief People Officer
Affiliate performance marketing specialist Raketech has announced a major new addition to its leadership team. As reported by the company, it welcomed the experienced Dalia Turner as its new chief people officer. Turner started her term as Raketech’s CPO on December 5 and will leverage her experience and talent to support the global senior management […]
Business
December 18, 2023
Entain Considers New Board Appointment to Answer Investor Concerns
Global gaming and sports betting powerhouse Entain remains wracked by turmoil as the recent departure of CEO Jette Nygaard-Andersen and intensifying shareholder pressures may herald a significant deviation from the management’s original long-term plans. The rumors regarding the potential onboarding of Ricky Sandler, one of the most vocal advocates for change, lend further credibility to […]
Business
December 15, 2023
Mohegan’s Q4 Fiscal Results Highlight Growth and Diversification
The Mohegan Tribal Gaming Authority recently released its fourth-quarter fiscal results ending 30 September 2023, showcasing notable strides in revenue diversification despite inconsistent results across some metrics. The company’s dedication to its customers and employees also set it apart from the competition, as management remained confident in its 2024 prospects, placing significant hope in its […]
Business
December 15, 2023
Entain Faces Activist Pressure as Corvex Management Calls for Change
New York-based hedge fund, Corvex Management, has announced its entry into the ongoing drama surrounding FTSE 100 gambling giant, Entain, as it has acquired a significant 4.4% stake in the Ladbrokes owner. Corvex Spearheads Activist Onslaught, Deeming Current State ‘Unacceptable’ Corvex, led by former Carl Icahn lieutenant Keith Meister, has become the latest activist investor […]
Business
December 14, 2023
Bingoal to Launch a Kambi-Powered Sportsbook in 2024
Kambi Group has unveiled a multi-channel sportsbook partnership with Bingoal, a Belgian online and retail gambling and betting operator. Under the deal, Bingoal will leverage Kambi’s market-leading Complete sportsbook across its retail and online business in Belgium and the Netherlands. The deal will see Bingoal replace its current sportsbook provider with Kambi’s best-in-class sports betting […]
Business
December 14, 2023
Light & Wonder Launches iGaming Content in South Africa with Hollywoodbets
Light & Wonder has unveiled a new partnership agreement with Hollywoodbets, a South African betting and gaming operator. Under the deal, the supplier will inject proprietary content into the operator’s platform. This deal will mark Light & Wonder’s foray into the country, expanding its overall global footprint. The entry was made possible by the Mpumalanga […]
Business
December 14, 2023
Light & Wonder Picks Oliver Chow as Chief Financial Officer
The newly-appointed Oliver Chow served as an interim CFO since August and previously worked as SVP of corporate finance. He succeeded at the time Connie James who stepped down from the permanent position to pursue other career opportunities. The Hunt for a New CFO Is Finally Over Chow is a well-seasoned veteran and also an […]
