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Business News and Headlines
Business
August 1, 2023
Greek Gambling Regulator Awards Soft2Bet a B2B A1 License
The fast-growing provider for the online gambling industry, Soft2Bet, confirmed it continues its European expansion by securing a new license. On Tuesday, the company revealed that it has been granted a business-to-business (B2B) A1 license in Greece. The latest license complements Soft2Bet’s Greek expansion and comes after recently, the company secured two seven-year licenses from […]

Business
August 1, 2023
Golden Entertainment Posts Q2 Results, Considers M&A Activity
Golden Entertainment has reported its results for the second quarter of the year, highlighting changes to its performance. The company recently finalized its latest divestments and is now planning M&A activity to support its growth. Golden Entertainment reported revenues of $286.7 million for Q2, representing a slight 1% year-on-year drop. Net income, meanwhile, sat at […]

Business
August 1, 2023
Snapscreen Signs New Agreement with SCCG Management
The premier management advisory firm focused on delivering solutions for sports betting and online gambling operators, SCCG Management, announced a new strategic agreement with the New York and Australia-based technology company, Snapscreen Inc. Details regarding the fresh partnership emerged Monday and see SCCG Management gain access to the innovative-live betting video recognition technology from Snapscreen […]

Business
August 1, 2023
Relax Gaming Designates Industry Veteran Hannah as CPO
Relax Gaming, a leading iGaming content provider and aggregator, has strengthened its leadership team with the appointment of a new chief product officer. The one up to the task is Shelley Hannah, an industry heavyweight with years of experience in the iGaming sector. Hannah boasts over 10 years of specialization in iGaming products and 5 […]

Business
August 1, 2023
Livespins Adds SlotMatrix Content to Innovative Social Casino Product
Livespins, an innovative slots streaming platform, has enhanced its product offering with the addition of content from SlotMatrix, EveryMatrix’s aggregation division. As agreed, Livespins will be able to create socially-charged iGaming experiences featuring SlotMatrix titles. The current deal follows an earlier agreement between Livespins and Everymatrix whereby the latter company agreed to distribute the former […]

Business
July 31, 2023
BetMakers Reports Q4 Results, Highlights and Restructuring Progress
BetMakers released a report on its performance in Q4 of the fiscal year ended June 30, 2023. The company recorded improvements across the board and unveiled an upcoming webinar for its full-year report. The betting tech and data partner reported $16.6 million (converted to USD) in cash receipts in Q4, which represents a modest 5% […]

Business
July 31, 2023
Lottomatica Posts Strong Q2 Results, Updates Guidance
Lottomatica has posted its Q2 2023 results, updating its full-year guidance on the back of continued double-digit growth. In Q2, the company reported revenue of $439 million (converted to USD). This represents a significant 20.7% year-on-year growth from the $380 million recorded in Q2 2022. However, the quarter failed to surpass Q1 2023’s record-breaking revenue […]

Business
July 31, 2023
Nevada Sees Dip in Slots, Table and Card Games Revenue for June
The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB) has announced its latest revenue report, outlining details regarding the performance of nonrestricted gambling locations across the state for June. Although it was a busy month for operators in the state, the total revenue reported by table, counter and card games, along with slot […]

Business
July 31, 2023
7777 Gaming Provides 50+ Games to NetBet Romania
Online casino content and solutions provider 7777 gaming has grown its presence in the Balkans thanks to another content deal. As announced, the supplier will power NetBet’s Romanian business with more than 50 of its best games. Thanks to the deal, the Romanian company will secure access to games with many innovative gamification elements. 7777 […]

Business
July 31, 2023
Epoxy.ai Secures Investment from SeventySix Capital, Andover Capital
The leading AI and ML personalization software provider for the sports betting vertical, Epoxy.ai, announced it secured a multi-million-dollar investment round. The company confirmed Monday that the latest round was led by Andover Ventures, as well as SeventySix Capital, along with several other investment funds. According to Epoxy.ai, the latest investment round will help propel […]
