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Business
August 30, 2023
Veikkaus Records €519.3M in Revenue for H1 2023, Embraces Licensing Model
Veikkaus, the state-owned gambling monopoly of Finland, has reported steady growth in its interim financial report for the first half of the year, while also reaffirming its support for transitioning to a licensing model for gambling. Eurojackpot’s Success Fuels 20.8% Rise in Revenue Veikkaus’s revenue for the period from January to June reached €519.3 million […]
Business
August 30, 2023
Bally’s Gains Access to White Hat’s PAM for the Market in Ohio
White Hat Gaming, the fast-growing provider of leading iGaming platforms and solutions, powering the online gambling sector, announced that its market-leading player account management (PAM) platform launched with Bally’s Corporation in Ohio. Announced Wednesday, the latest launch marks the first step of Bally’s plan for expanding the reach of its sportsbook. The duo’s initial business-to-business […]
Business
August 30, 2023
Spinomenal Supplies Games to Spanish Powerhouse Lowen Play
A few days after injecting its games into NetBet, Spinomenal, a leading provider of online casino content, has further strengthened its reach with another Europe-facing deal. As announced, the supplier will roll out a selection of its best games within the regulated Spanish iGaming market through a deal with Lowen Play, a big local operator. […]
Business
August 29, 2023
Rivalry Publishes Q2 Results, Reports Spectacular Growth
Esports betting specialist Rivalry has published its Q2 2023 report, highlighting another favorable quarter. The gaming and sports betting operator reported a spectacular increase in handle and updated its guidance. Rivalry reported record-breaking Q2 revenue of roughly $6.4 million (converted to USD from CAD). This represents a remarkable 60% increase from Q2 2022, demonstrating the […]
Business
August 29, 2023
PointsBet to Return Millions to Shareholders Following the Sale of Its US Arm
PointsBet will return millions to its shareholders following the sale of its US business to Fanatics Betting and Gaming. This was confirmed during the company’s latest extraordinary general meeting. PointsBet agreed to divest its US assets on June 30, selling its American operations of $225 million. The transaction is intended to take place over a […]
Business
August 29, 2023
Sporttrade Expands in the US, Launches in Colorado
Sporttrade, a Philadelphia-based sports betting operator, has forayed into Colorado, its second state. Players in the Centennial State can now try out the company’s exceptional and differentiated sports betting products. Marketed as a fairer operator than its competitors, Sporttrade continues to demonstrate impressive growth. The launch in Colorado, a state known for its passionate bettors, […]
Business
August 29, 2023
The Star Posts FY23 Results, Sees Net Loss of AU$2.44bn
The Australian gambling and entertainment company, The Star, released its FY23 financial report, revealing a normalized EBITDA and significant statutory loss for the period. The report emerged Tuesday and sees the company post a statutory net loss of AU$2.44 billion ($1.57 billion). At the same time, the latest financial report reveals that normalized EBITDA hit […]
Business
August 29, 2023
Stakelogic Teams Up with Casino House in Denmark
Stakelogic continues to grow its international footprint with another deal in Denmark. As announced by the company, a selection of its classic slots and video slots I now available to players of Casino House, a leading Danish operator. The agreement was described as a “full house deal” that would allow Casino House’s players to fire […]
Business
August 29, 2023
Merkur and GiG Confirm Compliance Partnership Extension
The provider of award-winning solutions catering to the betting and online gambling sector, Gaming Innovation Group (GiG), announced it extended its partnership with Gauselmann Group’s leading online gambling brand, Merkur. Details regarding the new collaboration emerged Tuesday and see GiG continue to supply the popular brand with GiG Comply, its leading automated affiliate marketing compliance […]
Business
August 28, 2023
Bragg Gaming Group Names Mazij CEO as Sherman Steps Down
Bragg Gaming Group, which just teamed up with bet365 in Ontario, announced the appointment of its board of directors chair, Matevž Mazij, as chief executive officer. Effective immediately, the move will see Mazij replace the outgoing Yaniv Sherman. In addition to chairing Bragg Gaming’s board, Mazij is also the company’s largest stakeholder, the announcement noted. […]
