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Business
April 18, 2023
Stakelogic Delivers Content for OneCasino in the Netherlands
The provider of engaging games for the iGaming sector, Stakelogic, announced a new deal with the leading operator in the Netherlands, OneCasino. Announced Tuesday, the new collaboration sees the operator tap into a portfolio of games provided by Stakelogic. Thanks to the new deal, OneCasino gains access to a range of modern video slots, as […]
Business
April 18, 2023
MSG Entertainment Sells Majority Stake in Tao Group Hospitality
Madison Square Garden Entertainment Corp. has agreed to sell its 66.9% majority interest in Tao Group Hospitality, the nightlife and dining company behind the brands Lavo, Hakassan, and Marquee, to Mohari Hospitality, PokerStars co-founder Mark Scheinberg’s investment company. Upon completion of the sale, MSG Entertainment expects to receive net cash proceeds of approximately $300 million. […]
Business
April 17, 2023
Better Collective Boosts Efforts in Digital Display Advertising with Skycon Limited
Skycon Limited will be brought under Better Collective’s roof and provide the established media company with a number of cutting-edge solutions that should help it to establish a more “audience-based” approach when seeking to further its marketing strategies. Skycon will fit nicely with Better Collective’s existing Paid Media approach, helping the division significantly expand its […]
Business
April 14, 2023
Lottomatica Prepares for IPO, Targets $467M
Apollo Global, an American global private equity firm, has confirmed its IPO plans for the Lottomatica division, saying that it plans to have it go public on the Euronext Milan exchange by the end of April. The IPO is expected to help Lottomatica reduce its debt. According to the announcement, the IPO will consist of […]
Business
April 14, 2023
888’s FY 2022 Report Reveals Mixed Results, Management Remains Optimistic
888 Holdings’ FY22 results and Q1 2023 trading update showed strong performance in key verticals, but UK and Middle East compliance issues dampened performance in these jurisdictions. The William Hill acquisition was a significant investment that had a transformative effect on the group, substantially improving its 2023 prospects. Overall, 888’s leadership stood by its earlier […]
Business
April 14, 2023
Better Collective Deepens Moat with Skycon Limited Acquisition
Digital sports media group Better Collective has acquired Skycon Limited, a British global display advertising company, in a $57 million deal (converted to USD). The new acquisition will help the former company cement its leading position in sports media, helping it improve its advertising efforts. Skycon Limited was founded in 2017 and is a Newcastle-under-Lyme-based […]
Business
April 13, 2023
BeyondPlay Secures $5.5M in Latest Funding Round
BeyondPlay, a company that combines a custom-built platform with streaming technology and social features, has raised over $5.52 million thanks to its latest funding round. The software firm attracted the attention of several notable investors. BeyondPlay’s latest round was led by Bettor Capital, a US-based early-stage venture capital fund. It focuses on investments to providers […]
Business
April 12, 2023
Everi Enhances Games and Fintech Solutions with Acquisition of Video King
Everi Holdings Inc., a major provider of casino gaming products and services, has agreed to purchase certain assets of Video King, a top provider of integrated electronic bingo gaming devices and systems for $59 million. The acquisition is expected to be immediately beneficial to the company’s earnings and cash flow. Video King Licenses in 60 […]
Business
April 12, 2023
Aristocrat Leisure adds Jennifer Aument as Non-Executive Director
Aristocrat Leisure Limited, the Australian gaming and gambling company, has announced the nomination of Jennifer Aument as its new non-executive director. Aristocrat Welcomes Jennifer Aument to Board, Cites Strong Infrastructure and Digital Tech Skills Jennifer Aument’s previous leadership roles in large US and Australian infrastructure companies, including her recent role as global transportation chief executive […]
Business
April 11, 2023
Intralot Posts 2022 Results, Prepares to Face Economic Difficulties in 2023
Intralot, an international gaming solutions and operations leader, has published its FY 2022 results, showing slight group revenue decrease. Despite the setbacks, the positive annual and quarterly EBITDA changes attested to the effect of the company’s strategy. Intralot reported FY 2022 group revenue of $428.7 million (converted to USD), marking a 5.1% year-on-year decline. EBITDA, […]
