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Business
March 20, 2023
Relax Gaming Adds Studio 21 to Powered By Relax Platform
Studio 21 Live Gaming, a Bulgarian state-of-the-art live casino production company, has teamed up with Relax Gaming, a world-class content aggregator. Under the agreement, Studio 21 will become Relax’s latest studio partner and will see its content integrated into the Powered By Relax aggregation platform. As per the deal, Relax will onboard Studio 21’s exciting […]
Business
March 20, 2023
BGaming Welcomes Ulf Norder as CCO
BGaming, a dynamic game provider that turns gambling into gaming, has reinforced its team with Ulf Norder as its new chief commercial officer. Norder joins the supplier from QTech Games, where he also served as CCO. The new hire is known for his intimate knowledge of the sector, as well as his strategic approach to […]
Business
March 17, 2023
ECP Confirms Acquisition of Pornhub’s Owner MindGeek
The private equity firm managed by a team with wide experiences such as public engagement, finance and law enforcement, Ethical Capital Partners (ECP), announced Thursday it acquired MindGeek, a leading media and technology company that is a parent of some of the most popular adult entertainment outlets including Pornhub. Besides Pornhub, MindGeek is the company […]
Business
March 17, 2023
EveryMatrix Adds Bang Bang Games to SlotMatrix RGS
EveryMatrix, a leading business-to-business (B2B) iGaming platform provider, announced a deal with the boutique gaming studio that delivers engaging, innovative and adrenaline-fueled slot games for the iGaming sector, Bang Bang Games. Under the terms of the new deal announced Thursday, the leading iGaming content developer joins the roster of partners within EveryMatrix’s SlotMatrix RGS. As […]
Business
March 17, 2023
Gambling Revenue in New Jersey Increases by 10.4% In February
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), released its latest report outlining the performance of racetracks, casinos and their partners during February 2023. Overall, the gaming revenue reported by the gambling operators and their partners last month hit $412.2 million. This result, when compared to the $373.3 million reported for […]
Business
March 17, 2023
Barstool Founder Dave Portnoy Criticizes Silicon Valley Bank Bailout
Barstool Sports founder Dave Portnoy has criticized the bailout of SVB, which he called a “bad business” and said was operating with a poor business model. While acknowledging the importance of protecting the money of average depositors, in an interview for Fox Business he said that banks should not be rescued simply because they decide […]
Business
March 16, 2023
Commercial Gaming Revenue up by 21% In January, Says AGA
The US gambling industry trade group, the American Gaming Association (AGA), announced Wednesday new data regarding the revenue reported by the commercial gambling sector in the country, acknowledging a strong start to the year. Judging by the new data, the US commercial gaming revenue, which includes iGaming, land-based and sports betting revenue hit $5.50 billion […]
Business
March 16, 2023
Light & Wonder Mulls Second Listing in Australia
The company could take its shares to the Australian Securities Exchange (ASX) as it debates raising additional capital and signal strength to investors globally. This is not the first time the news that Light & Wonder may be considering launching a secondary listing has surfaced. Light & Wonder Considers Creating More Shareholder Value Back in […]
Business
March 15, 2023
LVCVA to Sell 10 Acres of Strip Land for $125M
The Las Vegas Convention and Visitors Authority (LVCVA) approved the sale of 10 acres of land on the Las Vegas Strip. The deal, which will see the entity sell the parcel to Brett Torino and Paul Kanavos for $12.5 million per acre, was unanimously approved by LVCVA’s directors. The $125 million deal will see the […]
Business
March 15, 2023
Stefan Bruns to Join the Management Board at Gauselmann Group
The innovative entertainment company that is continuously growing and globally recognized, Gauselmann Group, announced a senior-level hire Wednesday. The company confirmed it hired the services of Stefan Bruns, an expert within the iGaming and casino industry with decades of experience. Bruns joins Gauselmann Group as its newest Management Board member. As a part of the […]
