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Business News and Headlines
Business
May 3, 2023
GLI Bolsters Global Leadership Team with Key Appointments
Gaming Laboratories International (GLI), a globally recognized provider of gaming testing and assessment services, has announced the promotion of four of its leaders within the organization. Mackenzie Haugh, James Boje, Devon Dalbock, and Martin Britton have been elevated to strategic positions within GLI’s leadership, reflecting the organization’s commitment to providing world-class delivery and exceptional customer […]

Business
May 2, 2023
Altenar’s Partnership with Atomo Marks a Significant Milestone
Altenar’s deal with a global operator and platform provider like Atomo Gaming should bolster both companies and create new growth opportunities. The developer has gathered substantial momentum in 2023, expanding across Latin America and the Balkans. Atomo will benefit from Altenar’s comprehensive multi-channel software solutions, further diversifying its offerings. Atomo Empowers Its Rapid Global Expansion […]

Business
May 2, 2023
ParlayBay Expands Global Footprint via Dafabet Deal
The leading provider of innovative sports betting titles, ParlayBay, announced a new partnership with the popular and trusted operator Dafabet. Seeking at expanding in strategic markets in Asia and India, the new deal will see Dafabet’s platform introduce popular games from ParlayBay. Such titles include CS:GO, as well as the recently released Stack ‘Em esports […]

Business
May 2, 2023
Betty.ca Secures Funding in a HappyHour-led Round
HappyHour.io, a gaming investor, unveiled an investment in Betty.ca, an Ontarian online casino brand. Betty will use the money to consolidate its presence in its home market and further expand its footprint in North America. HappyHour explained that it decided to support the casino company because of its unique positioning, proprietary platform and experience management. […]

Business
May 2, 2023
EveryMatrix Names Gonzalo De Osma Bucero Chief Financial Officer
The provider of software and solutions for the online gambling industry, EveryMatrix, announced a senior-level appointment Tuesday. The company unveiled it strengthened its leadership team by hiring the experienced gaming executive with extensive knowledge, Gonzalo De Osma Bucero. Joining EveryMatrix, he was appointed to the role of chief financial officer (CFO). In his new role, […]

Business
May 2, 2023
MGM Resorts Outlines of Its Best First Quarters in Q1 2023
MGM Resorts reported its first-quarter results in 2023 on Monday, arguing that the numbers were some of the best quarterly performance that the company has posted in its history. Las Vegas Strip Resorts and MGM China have both driven a strong performance for the company owing to increased business volume and travel activity. MGM Resorts […]

Business
May 1, 2023
Thomas Schoen Joins Wynn as President of Wynn Al Marjan Island
Wynn Resorts, the global gaming and entertainment company, announced a senior-level appointment on Sunday. The company confirmed it selected president for its multi-billion-dollar integrated resort project in Ras Al Khaimah, United Arab Emirates (UAE), called Wynn Al Marjan Island. For the strategic role, the company selected Thomas Schoen, an industry veteran with more than three […]

Business
May 1, 2023
Sports Betting Expenses Are a Strain for the Ohio Lottery
Ohio is one of the latest states to legalize sports betting. It launched its legal wagering market in January, allowing local fans to fully immerse themselves in the world of professional sports. However, recent data shows that things might not be as rosy as the state had hoped, at least not for the Ohio Lottery […]

Business
April 28, 2023
GLPI Q1 Results Highlight the Success of Its Diversification Strategy
Gaming and Leisure Properties (GLPI) has published its financial results for the first quarter of the year. The company recorded favorable results with metrics increasing across the board. As reported by GLPI, the total company revenue increased by 12.7% year-on-year to $355 million. Its income from operations, meanwhile, skyrocketed from $199.8 million in Q1 2022 […]

Business
April 28, 2023
ATG Posts Suboptimal Q1 Results amid Economic Headwinds
Aktiebolaget Trav och Galopp (ATG), Sweden’s former horse racing monopoly, posted its Q1 financial results, highlighting a bumpy period for the company. The suboptimal results were attributed to the macroeconomic headwinds. ATG’s net gaming revenue for the first three months of 2023 was SEK 1.19 billion (around $116 million). This figure represents a 5.9% year-on-year […]
