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Business
October 18, 2023
Inspired Entertainment Parts Ways with Rogers, Names Freeman as CCO
Inspired Entertainment, a provider of gambling content and solutions, has unveiled the appointment of Ian Freeman as its new chief commercial officer. Starting on November 16, the new hire will be responsible for expanding the presence of the company’s virtual sports products. As CCO of the company, Freeman is set to replace Steve Rogers. The […]
Business
October 18, 2023
888 Reveals Q3 Results, Posts 10% Decrease in Revenue
The world’s leading betting and gaming company that owns globally recognized brands such as 888, Mr Green and William Hill, 888 Holdings Plc, released its latest trading update. On Wednesday, the company released its newest report, revealing details regarding its performance for the three months ended September 30, 2023. The recent trading update reveals that […]
Business
October 17, 2023
Analyst Trusts MGM Resorts Shares to Hit $69 despite Recent Cyberattack
Several weeks ago, the casino giant MGM Resorts suffered a devastating cyberattack that forced it to shut down multiple systems. In the wake of the attack, the company was warned that its credit score might be lowered while its stock plummeted. Equity analyst David Katz, however, is optimistic that the casino juggernaut will make a […]
Business
October 17, 2023
Elys Game Technology Faces Delisting from Nasdaq
Elys Game Technology, a gaming technology provider listed on the Nasdaq under the ticker symbol ELYS, will likely be delisted as the company’s common stock did not maintain the minimum closing bid price required by Nasdaq Listing Rule 5550(a)(2). Elys’ management is now evaluating various options to regain compliance with listing requirements. Share Prices Remain […]
Business
October 17, 2023
NJ Gaming Revenue Soars in September Driven by Betting, iGaming
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), released its latest report, revealing insights regarding the performance of licensed gambling operators for the month of September. The new report, released Monday, reveals that the total gaming revenue reported by casinos, racetracks and their partners soared to $521.5 million last month. This […]
Business
October 17, 2023
Canada’s Gateway Casinos Contemplates $2B Sale Amidst Industry Shifts
Gateway Casinos & Entertainment Ltd., one of Canada’s leading gambling enterprises, is currently weighing its strategic options, considering a potential sale or other avenues, sources familiar with the matter disclosed. The company, which boasts 31 gaming properties scattered across British Columbia, Ontario, and Alberta, is actively seeking a valuation of around $2 billion, including a […]
Business
October 16, 2023
Mansion Group Shuts Down Casino.com and MansionCasino.com
Several months after leaving the UK market, Mansion Group has also unveiled the shutdown of its B2C brands, Casino.com and MansionCasino.com. As reported by SBCNews, the two brands will cease to operate in less than two weeks. Things haven’t been easy for the Gibraltar-based casino brand, which was also forced to cease trading its MansionBet […]
Business
October 16, 2023
Per Widerström Officially Assumes CEO Position at 888
Per Widerström, Catena Media’s former non-executive director, has begun work as 888 Holdings’ new chief executive officer. The appointment, which was announced earlier this year, will see the appointee relocate to London to stand at the head of the prestigious gambling company. Widerström boasts some 17 years in the online casino industry and has served […]
Business
October 13, 2023
Sports Betting Handle in Indiana Grows in September
The gambling regulator in Indiana, the Indiana Gaming Commission, released its latest report, revealing details regarding the performance of sports betting operators for the month of September. The recent report reveals that the betting handle posted by regulated betting operators last month hit $404.1 million, marking a year-over-year increase. A comparison to the $382.5 million […]
Business
October 13, 2023
Disney Ready to Enter the Sports Betting Arena with ESPN Bet App
Disney is making a significant leap into sports betting by launching the ESPN Bet app next month. While the move has stirred internal debates and concerns, the allure of attracting a younger, predominantly male audience and tapping into the growing sports betting industry has proven too compelling to ignore. The Partnership Leverages Disney and Penn’s […]
