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Business News and Headlines
Business
December 1, 2022
ParlayBay Adds Fredrik Elmqvist as Chair of Its Board
The fast-growing iGaming startup that delivers unique sports betting experiences via micro betting games, ParlayBay, expanded its senior-level team Thursday. The company announced it hired Fredrik Elmqvist to serve as a chair of its Board. Fredrik Elmqvist Joins ParlayBay’s Board Having Elmqvist join the Board complements the company’s growth strategy. In his new position, the […]
Business
November 30, 2022
Glitnor Group Launches New Glitnor Venture Division
The popular, multi-award-winning iGaming business founded in Malta in 2018 by industry veterans Dan Andersson and Jörgen Nordlund Glitnor Group has announced the launch of a new venture capital arm. Glitnor Venture is a fresh division expected to help the group turn into “the most entrepreneurial and fastest growing business group” part of the industry, […]
Business
November 30, 2022
QTech Games Names Martin Trang Chief Marketing Officer
The lading game distributor, QTech Games, announced Wednesday it hired the services of Martin Trang. By joining the company, Trang was appointed as its new chief marketing officer (CMO). Industry Expert Martin Trang Joins QTech Games The announcement comes amid QTech Games’ ongoing global expansion. Ultimately, having Trang as CMO, the company seeks to boost […]
Business
November 30, 2022
Nevada Operators Report Increase in Gaming Win for October
Licensed gambling operators in Nevada enjoyed strong results in October, judging by details released by the gambling regulator in the state. Nevada Regulator Reveals October Report The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), released its latest report Tuesday outlining the performance of licensed operators during the last month. In total, the […]
Business
November 30, 2022
Everi and Railsr Create Embedded Credit Card for Better Loyalty
Everi Payments has entered a new partnership with Railsr in order to create an embedded credit and loyalty card that will help customers across numerous venues to benefit from a unified and more rewarding experience. Everi Creates New Way for Casinos to Engage with Patrons Everi is building upon an existing trend in the industry […]
Business
November 30, 2022
Ainsworth Game Tech to Restart Paying Dividends to Shareholders
Ainsworth Game Technology, one of Australia’s leading slot machine suppliers, has announced plans to self-fund its global expansion in the coming years, with a strong focus on 2023. The news was announced during the Annual General Meeting that took place last week and was headed by chairman Danny Gladstone. Ainsworth Building Up Cash Reserves to […]
Business
November 30, 2022
Penn Entertainment Adds More HBCUs to Its Scholarship Program
Penn Entertainment announced on Tuesday the expansion of its Science, Technology, Engineering, and Mathematics (STEM) Scholarship Program which will include three Historically Black Colleges and Universities, to wit the Jackson State University in Mississippi, Prairie View A&M University in Texas, and Southern University and A&M College in Louisiana. More Educational Institutions Join Penn’s Initiative This […]
Business
November 29, 2022
Rivalry Unveils Q3 Results, Posts Record Revenue
Globally regulated sports betting, technology, and media company Rivalry has published its third-quarter results for 2022, along with the results for the nine-month period that ended on September 30. The Toronto–based company that manages an international team dispersed in over 20 countries also published the preliminary results for October, announcing it as the first profitable […]
Business
November 29, 2022
Itai Pazner: Handling Debt Is 888’s Top Priority
Leading gambling group 888 Holdings is holding its Capital Markets Day today, November 29. Ahead of the event, the group spoke about some topics that will be discussed. Paying back 888’s outstanding debts continues to be a core priority amid investor unrest. 888 Holdings Must Deal with Debts 888 shareholders remain concerned about the money […]
Business
November 29, 2022
PartnerMatrix and AdmiralBet Sign Affiliate Channel Deal
The award-winning affiliate and agent management system for the iGaming industry, PartnerMatrix, announced a new collaboration with AdmiralBet, the famous Serbian casino and sports betting platform. AdmiralBet and PartnerMatrix Join Forces Under the terms of the new partnership with PartnerMatrix announced Tuesday, AdmiralBet has launched a modern and secure affiliate channel. This unique collaboration will […]