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Business News and Headlines
Business
November 22, 2022
Great Canadian Entertainment Appoints Matthew Anfinson as New CEO
Matthew Anfinson has been appointed the new CEO at Great Canadian Entertainment and he will be succeeding Anthony Rodio, the outgoing incumbent. He is being promoted from the position of the chief operating officer. Great Canadian has used the retirement of Rodio to also appoint Jordan Banks as the company’s first executive chairperson. A Welcomed […]
Business
November 22, 2022
Senior Management Buys Out PressEnter Group
The executive management of Malta-based iGaming company PressEnter Group is taking full control of the company through a management buyout acquisition which is currently in progress, iGB reported. Management Team Takes Full Control of PressEnter Group PressEnter Group CEO Lahcene Merzoug, who will also become executive chairman, together with other members of the senior management […]
Business
November 22, 2022
Bet365 Inks Deal with Raynham Park Sportsbook in Massachusetts
Raynham Park Sportsbook announced a new partnership with one of the largest online sports betting companies, bet365. Details of the new collaboration emerged Tuesday and will see be365 introduce mobile sports betting in Massachusetts. Raynham Park Joins Forces with bet365 Under the terms of the new partnership, bet365 is expected to operate via a tethered […]
Business
November 22, 2022
Future Anthem Names Emma Ferguson Head of People
Future Anthem, a company that offers an all-in-one product and leverages artificial intelligence (AI) to personalize the player experience, announced a senior-level appointment Tuesday. The company revealed it hired the services of Emma Ferguson, a veteran in the industry with nearly two decades of experience in recruitment. Emma Ferguson Joins Future Anthem Ferguson joins Future […]
Business
November 22, 2022
DraftKings Shares Fall Following Hack Attack on Customer Accounts
DraftKings shares tumbled down almost 11% after the company announced on Twitter on November 21 that customer accounts were hacked and funds were withdrawn from them. DraftKings Accounts Hack Attack Affected Less Than $300,000 Customer Funds The DraftKings statement, which the company posted on Twitter on Monday, highlights that it is a question of not […]
Business
November 22, 2022
BETER Promotes Maria Mashchenko to Sports General Manager
BETER, a company that focuses on the creation of content and tech for the gaming and betting verticals has appointed Maria Mashchenko as its new general manager for the BETER Sports business unit, the company shared in a press release. This is a de facto promotion as Mashchenko spent the past two years as the […]
Business
November 22, 2022
Betano Becomes Regional Supporter for Europe for World Cup 22
Global sports betting brand Betano has become the official Regional Supporter for Europe as part of the ongoing FIFA World Cup 2022 event in Qatar. The partnership was signed with FIFA and Betano will now be working on engaging and exciting World Cup fans across Europe. Betano presently operates in ten countries, including Bulgaria, Romania, […]
Business
November 21, 2022
Robert Iger as Disney CEO Throws Spanner in Gambling Plans
The Walt Disney Company revealed a senior-level change on Sunday. The company announced that Bob Chapek, who served as its CEO, has stepped down from his position and is replaced by the company’s former chief executive, Robert Iger. Iger Returns, Chapek Steps Down as Disney CEO Disney revealed that the senior-level change is effective immediately. […]
Business
November 21, 2022
Arena Racing Company Acquires Vermantia
British racing group Arena Racing Company (ARC) has announced the completion of the acquisition procedures for Vermantia, the technology company with a focus on omnichannel content distribution. The takeover is expected to strengthen the group’s commitment to this type of distribution. The decision perfectly aligns with the group’s investment strategy in technologies that can be […]
Business
November 21, 2022
FCA Raises Concerns over Trading Apps with Gambling-like Features
First, it was the hype around crypto and then NFTs. Along with those, the popularity of trading mobile apps increased as well. While some consumers are after a long-term investment and show interest in financial markets, others may treat trading apps just like gambling. Trading Applications Offering Game-like Features The financial industry regulator in the […]