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Business News and Headlines
Business
May 24, 2023
Rivalry Posts Q1 Results, Reports Record-Breaking Handle
Rivalry has published its quarterly report for Q1 2023, reporting an all-time-high betting handle. Other metrics also increased, attesting to the favorable position of the company. Rivalry posted a betting handle of a whopping CAD 120.2 million (USD 88.48). Not only is this a record-breaking number but also one that represents a stellar $199% year-on-year […]

Business
May 24, 2023
Playtech Reports Strong Start of 2023 with B2B and B2C Growth
The leading supplier of online gaming software, Playtech, released a new trading update, unveiling details regarding the company’s performance between January 1 and April 30, 2023. In its new trading update, the company acknowledged it has seen strong growth within its two main operating segments, business-to-customer (B2C) and business-to-business (B2B), for the first four months […]

Business
May 23, 2023
Two More Senior Executives to Part Ways with Kindred
Globally recognized entertainment and gaming company Kindred confirmed last week that its long-term CEO, Henrik Tjärnström, resigned from his role. The company didn’t wait long and announced the appointment of Nils Andén to the role of interim CEO, while the search for a permanent holder of the position likely has started as well. Kindred did […]

Business
May 23, 2023
Underdog and GeoComply Sign Product Deal for North America
The globally recognized fraud and risk solutions provider, GeoComply, announced it entered into a new agreement Tuesday. The company expanded its portfolio of partners by joining forces with Underdog, the up-and-coming fantasy sports and online sports gaming operator. Thanks to the freshly minted partnership, the operator gained access to GeoComply’s leading technology and solutions, including […]

Business
May 22, 2023
NetBet Secures Disruptive Content from RAW iGaming
NetBet Italy, a major local online casino operator, has further diversified its portfolio with the addition of games developed by RAW iGaming. As a result, the former company will be able to bring some of the most disruptive titles in iGaming to its fans. Under the agreement, Raw iGaming will supply NetBet with premium slot […]

Business
May 22, 2023
Denise Coates Retains 16th Spot on Sunday Times’ Rich List
Denise Coates and her family, who have been topping the Sunday Times Tax List for several years now, once again found themselves on the news outlet’s Rich List. Taking the prestigious 16th spot on the list, Denise, John and Peter Coates and family have an estimated net worth of around £8.975 billion ($11.15 billion). The […]

Business
May 22, 2023
Octoplay Agrees to Provide Games to Rootz and Its Brands
Octoplay, a developer with a burning passion for slot games, has signed a new content partnership with Rootz. Under the agreement, the latter company has become the provider’s latest casino partner. Thanks to the deal, Rootz has spiced up the portfolio of its brands with games developed by Octoplay. As a result, players of Wildz, […]

Business
May 22, 2023
Paf to Acquire 888’s Latvian-Facing Businesses in a $31M Deal
The leading betting and gaming company that is globally recognized with its brands that include Mr Green, William Hill and 888, 888 Holdings Plc, announced it has come to an agreement to sell its Latvian-facing business. In a deal for some €28.3 million ($30.6 million), the company agreed to sell its Latvian business to Paf […]

Business
May 22, 2023
GLI Group Buys Out Remaining Shares in iTech Labs
Gaming Laboratories International (GLI) Group has completed a transaction for the remainder of shares in iTech Global, a gaming testing laboratory that will now significantly strengthen the company’s reach and expertise in the provision of sophisticated certification services for the sector. iTech to Continue Operating Under Its Own Brand Neither party has shared information about […]

Business
May 19, 2023
Light & Wonder Plans to Acquire All SciPlay Public Shares for $422M
The global gaming supplier that creates systems, content, and hardware connecting iconic titles across all channels has sent the proposal to the board of directors governing its social casino arm SciPlay Corporation. Provided the proposal will be received and accepted, SciPay would turn into Light & Wonder’s wholly-owned subsidiary. $20 per Share in an All-Cash […]
