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Business
November 9, 2023
Stake Acquires Betfair Colombia, Prepares to Expand in LATAM
Online gambling and sports betting leader Stake will enter the Colombian market thanks to a new strategic acquisition deal. As announced, the company will acquire Betfair Colombia, securing its license. The move marks Stake’s foray into the country and is in line with its overall LATAM strategy. Betfair Colombia’s current license is valid until 2025, […]
Business
November 9, 2023
MGM Reports Strong Q3 Results despite September Cyberattack
The global gaming and entertainment company, MGM Resorts International, released its latest unaudited financial report, revealing details regarding its performance for the third quarter of 2023. The new report covers the three-month period ending September 30, 2023, revealing strong growth of consolidated net revenues. Overall, MGM Resorts posted consolidated net revenues of $4 billion. This […]
Business
November 8, 2023
GiG Sets Out to Acquire KaFe Rocks in a $37M Deal
Gaming Innovation Group (GiG) has set out to acquire affiliate specialist KaFe Rocks in a new EUR 35 million (approximately $37.4 million) acquisition deal. The deal will solidify GiG Media’s position as a lead generator in the iGaming market and will expand the company’s presence in the lucrative North American casino sector. Under the agreement, […]
Business
November 8, 2023
SEGA SAMMY CREATION to Acquire GAN Limited
SEGA SAMMY HOLDINGS INC. and its subsidiary SEGA SAMMY CREATION INC. (SSC) have announced they will enter a definitive and amicable agreement to acquire Nasdaq-listed GAN Limited. The Acquisition, to Close by Q3 Ending in March 2025 SEGA SAMMY’s investment strategy through the fiscal year ending March 31, 2026, includes investing up to ¥250 billion […]
Business
November 8, 2023
GiG Reports Robust Q3 2023 Revenues and Growth across Core Verticals
Oslo-based Gaming Innovation Group (GiG) announced impressive financial results for Q3 2023, showcasing its leadership position in the iGaming industry. The company’s Q3 revenues reached an all-time high as it heads to a record-breaking year-end. Several high-profile appointments bolstered GiG’s leadership team, helping to manage its growing international footprint. Metrics Are Up across the Board […]
Business
November 8, 2023
Entain’s Leadership Increases Its Stake in the Company
Gambling group Entain recently published its Q3 results, inspiring trust in the company’s position and the value of its shares. As a result, many members of the company’s board of directors have purchased Entain shares. The company’s chief executive officer Jette Nygaard-Andersen, for example, purchased more than doubled her shareholding from 31,000 shares to 65,400 […]
Business
November 8, 2023
Clarion Gaming Appoints Karen Marcela Sierra-Hughes as ICE Ambassador
Clarion Gaming, the renowned organizer of international gaming events, has announced the addition of Karen Marcela Sierra-Hughes to its prestigious team of ICE Ambassadors. ICE Ambassador Sierra-Hughes Shapes Latin American Gaming Regulations with Expertise A highly respected Panamanian attorney with a Master’s degree in commercial law, Sierra-Hughes has been a driving force in the evolution […]
Business
November 7, 2023
Bragg Gaming Extends PAM Deal with Entain’s BetCity.nl Brand
Bragg Gaming Group announced an extension of its PAM (player account management) provision agreement with Entain. Under the extended deal, the former company will continue to supply the latter party’s Dutch iGaming brand, BetCity.nl, with its proprietary player account management platform. The deal has been extended until 2025 and will allow BetCity.nl to continue to […]
Business
November 7, 2023
Hard Rock Digital Names Arthur as Director of Product Operations
Hard Rock Digital, Hard Rock’s online casino and sports betting arm, has welcomed a new addition to its team. The one to join the company at this time is Martin Graham Arthur who will serve as the company’s new director of product operations. Joining a team of new and familiar faces, Arthur will now be […]
Business
November 7, 2023
Dodge & Cox Increases Stake in Entain amidst Strong Investor Confidence
US mutual fund company Dodge & Cox has more than doubled its stake in the global sports betting and gaming group Entain, making it the second-largest single shareholder in the gambling giant. This increased stake can be interpreted as a show of confidence in Entain’s potential, as the company recently revealed its updated plans to […]
