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Business News and Headlines
Business
May 9, 2023
New York Mobile Sportsbooks Enjoy Betting Handle Growth in April
The gambling regulator in New York, the New York State Gaming Commission, has announced its latest report, outlining the performance of mobile sports betting operators in April this year. Judging by the latest figures, sportsbooks enjoyed a busy month with mobile betting handle hitting $1.54 billion, marking an increase when compared to the corresponding period […]

Business
May 9, 2023
3 Oaks Gaming Welcomes Yuriy Muratov as CBDO
3 Oaks Gaming has announced a new appointment, welcoming Yuriy Muratov as its new chief business development officer. The iGaming content distributor has tasked its new hire with bolstering the company’s business and overseeing the development of its future strategy Muratov, 3 Oaks Gaming said, is an experienced industry veteran who has worked in a […]

Business
May 9, 2023
Caesars to Launch an iGaming App in 2023
American gambling giant Caesars Entertainment has plans to expand its digital presence. The company is considering launching a standalone icasino app later this year and bolstering its iGaming footprint. Caesars, which continues to rapidly expand across the retail and digital sector in more regulated states, believes that the new app will be a great opportunity […]

Business
May 9, 2023
Playtika Outlines Financial Results for Q1 2023
According to the company’s financial highlights, Playtika was able to generate revenue of $656.2 million, up 4% from the fourth quarter of 2022, but still down 3.1% year-over-year when compared with Q1 2022. Playtika Posts Quarterly and Annual Gains and Losses The company said that its quarter-over-quarter DTC platforms revenue hit $151.5 million, which was […]

Business
May 9, 2023
Gaming Dynamics and Quick Custom Intelligence Expand in Australia
The expansion is part of a deepening partnership between Gaming Dynamics and Quick Custom Intelligence (QCI). The companies have been operating together for three years in Australia and they are looking to further strengthen their offer at a time when there is surging demand for advanced gaming analytics solutions not just in Oceania, but in […]

Business
May 9, 2023
Deloitte, WSJ Award Seminole Hard Rock Best Managed Company
Deloitte and The Wall Street Journal have been issuing the honor to companies that have revenues of at least $250 million every year. Hundreds of private companies from around the globe are competing and are subject to a rigorous testing process that evaluates each of them across four key components, part of their management skill […]

Business
May 8, 2023
Churchill Downs Reports Record-Breaking Kentucky Derby Revenues
A few days ago, the 149th Kentucky Derby ended, crowning Mage as the winner. The horse covered the mile and a quarter in 2:01.57, to the surprise of bettors who believed that either Angel of Empire or Forte will be the winner. Mage’s upset of the Kentucky Derby favorites was a major development that ended […]

Business
May 8, 2023
GeoComply Acquires OneComply in a Major Deal
Geolocation specialist GeoComply has unveiled a new acquisition that will strengthen its business. According to the announcement, the company acquired OneComply, a supplier of comprehensive solutions that help gambling operators in regulated jurisdictions manage their obligations. Modern iGaming is a dynamic and ever-evolving landscape that may be very difficult for companies to navigate. Each region […]

Business
May 8, 2023
Entain Updates Board, Adds Two Committees
Gambling giant Entain has announced major changes to its board of directors. The company will form two new committees that will bolster the board’s effectiveness and sustainability. About the People & Governance Committee One of the two new committees is the People & Governance Committee which will be responsible for reviewing workforce policies and practices […]

Business
May 8, 2023
Tribune Publishing Accepts Bally’s Offer to Leave Freedom Center
Bally’s, a hospitality and gaming giant, has offered a pretty penny to Tribune Publishing to leave the premises as the company is intending to redevelop the area into an entertainment complex that will feature a casino, accommodation, business amenities, and more. The Publishing House Is Moving House The price tag of the upcoming project is […]
