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Business News and Headlines
Business
September 1, 2022
HeadsUp, Emirates Draw Operational Partnership Deal Closed
HeadsUp has been keeping busy and although some of its financials might not be indicating it, huge growth opportunities are always in the conversation when it’s being discussed. Deal Closed, Partnership Official HeadsUp Entertainment – the Canadian operator and media company – published a news statement on PR Newswire, announcing its operational partnership deal with […]
Business
September 1, 2022
LeoVegas Shareholders Vote Overwhelming in Support of MGM Offer
MGM Resorts will be completing the acquisition of LeoVegas after 96% of the latter’s shareholders accepted the takeover bid which is due to complete on September 7. The public offer tabled by the US-based hospitality and entertainment group is valued at SEK61 ($5.72) per share and the deal is estimated at $604 million presently, below […]
Business
September 1, 2022
PointsBet Appoints Edward Hartman as Chief Strategy Officer
PointsBet has appointed Edward Hartman as its new chief strategy officer. Hartman is taking over on September 6 and will be helping steer the group’s long-term strategy. The man is a well-seasoned veteran who served as EVP of business operations at the United States Football League and SVP of digital partnerships & wagering at Fox […]
Business
September 1, 2022
Playtech Turns to Checkin.com to Boost Onboarding Process
Playtech is doubling down on its efforts to onboard customers quicker and in a more sustainable manner. The company has teamed up with Checkin.com, an onboarding software supplier that will help facilitate the customer sign-up process, the company said in a press release. Playtech Adopts New Customer Onboarding Technology Checkin.com makes the process straightforward and […]
Business
September 1, 2022
Bragg Gaming Group Branches Fuze Platform into Sports Betting
Bragg Gaming Group has expanded its gamification and player engagement product, Fuze. The product will now be made available to sportsbooks which will give B2B partners the opportunity to explore further opportunities to build stronger ties with target audiences and existing customers. Deploying Fuze to Help Sportsbooks Excel Fuze’s toolset is already available as part […]
Business
August 31, 2022
Intralot Posts H1 2022 Report, Revenue Reaches $204.8 Million
Intralot has posted its H1 revenue report which states that the company’s revenue reached €204.8 million ($204.8 million), which is a 1.1% YoY increase. EBITDA also reached €55.1 million ($55.1 million), which is a 1.4% increase. Lottery Games Remain the Group’s Largest Revenue Generator According to the report, lottery games were responsible for 64.1% of […]
Business
August 31, 2022
Altenar Gets Started in Ontario with AGCO License
iGaming and sports betting provider Altenar has made an entry into the regulated market in Ontario, Canada. This marks the latest entity to secure a license from the Alcohol and Gaming Commission of Ontario and become a fully-fledged part of the market as Ontario has just published its first-quarter results. Altenar Brings Full Portfolio of […]
Business
August 31, 2022
Paysafe Appoints Sportradar’s Alex Gersh as CFO
Paysafe has appointed Alex Gersh as the company’s new chief financial officer with the man stepping into his new role on October 3. Gersh is a gaming and sports betting industry veteran, having worked as CFO at Sportradar, his most recent position he is now leaving for Paysafe. He has 25 years of industry-related experience […]
Business
August 31, 2022
Ontario Stars Strong in First iGaming Quarter, But More Expected
Ontario’s iGaming market is everything we have come to expect and perhaps something more. iGaming Ontario or iGO has posted the first quarterly results for the Canadian province, with the surveyed period covering the period between April 4, when the official launch took place, through June 30. Ontario’s Results Show Good Start of iGaming Operations […]
Business
August 31, 2022
Matt Wilson Announced as Light and Wonder Interim CEO
Since Scientific Games was rebranded to Light & Wonder, the company has been hitting the news cycle regularly, and pretty much almost all of the rounds it made were with positive headlines. It seems that the change in its top executive position is also a signal that things are running smoothly and according to plan. […]