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Business News and Headlines
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 […]

Business
May 5, 2023
Kambi Group Plc, Next in Line for a Potential Takeover?
The Swedish provider of technology for the gaming industry might be next in line for a takeover, according to the freshest Eilers & Krejcik Gaming (EKG) research included in their most recent EKG Line report. Kambi Group Not Idly Waiting for a Potential Suitor According to EKG, Kambi’s repayment of the $8.3 million Kindred Group […]

Business
May 5, 2023
Catena Media Designates Erik Edeen as Interim CFO
Catena Media, a company delivering traffic to iGaming brands and financial services, has announced a new appointment. The affiliate will be joined by the skilled Erik Edeen who will serve as its interim chief financial officer. Erik Edeen, who is set to step in as interim CFO, holds a Master of Business and Economics with […]

Business
May 5, 2023
DraftKings Enjoys 84% Increase in Revenue for Q1 2023
The leading sports betting operator that has a growing presence within the US regulated gambling market, DraftKings, released its latest trading update, outlining details regarding its performance for the first quarter of 2023. Judging by the recent unaudited figures, the company enjoys a stellar start to 2023 with revenue increasing exponentially on a year-over-year basis. […]

Business
May 5, 2023
Operators Show Interest in Acquiring Gambling Startup Betr
Over the last decade, the popularity of sports betting has grown exponentially. With the introduction of mobile betting options, more sports fans and gamblers engaged in placing wagers on their favorite teams. Not unexpectedly, the global sports betting market is only set to grow further and expand, which helped draw in new operators. Betr is […]
