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Business News and Headlines
Business
April 27, 2023
ICRG Appoints Nicole Scott as Director of Tribal Nations Relations and Comms
Nicole Scott will serve as International Center for Responsible Gambling (ICRG) director of tribal-nations relations and communications, the institution confirmed in a press release. Scott will be tasked with various responsibilities, including the development and maintenance of existing relationships with tribal communities and organizations. Tasked with Overseeing the Full Communication She will be in charge […]

Business
April 26, 2023
Boyd Gaming Shows No Signs of Slowing Down, According to Q1 Results
Boyd Gaming has built upon its substantial 2022 momentum, capitalizing on its diverse and resilient portfolio. Successful launches in new jurisdictions and the further development of existing markets were instrumental in maintaining revenue and EBITDAR growth. Such stellar results put the operator in a comfortable position to consolidate its market position and remain vigilant for […]

Business
April 26, 2023
Rivalry to Receive $7.3M in Pinnacle-led Funding Round
Rivalry, an international sports betting and media company will receive $7.34 million (converted to USD) in funding through a new financing round. To that end, the company will issue up to 6,666,666 subordinate voting shares at a price of $1.10 each. The funding round will be led by Pinnacle and will feature a variety of […]

Business
April 26, 2023
David Hammond Steps in as UK Tote Group CCO
The Group is appointing David Hammond as CCO for the United Kingdom whereas Jon Knapman will step in as CCO for the company’s global markets. The new appointments will strengthen the company’s operational capabilities and bring a pair of well-versed industry veterans, capable of scaling the Group’s domestic and international reach. Hammond Ready to Help […]

Business
April 26, 2023
Kindred Unveils Review of Strategic Alternatives
Kindred Group, a company behind several major gambling brands, announced that it has launched a review of strategic alternatives to maximize shareholder value. Its board of directors will now explore approaches that Kindred can take to bolster its business. The process will see Kindred’s directors evaluate its world-class portfolio of iGaming and online sports betting […]

Business
April 26, 2023
Kambi Reports Revenue Increase of 19% For Q1 2023
The business-to-business (B2B) provider of sports betting services and solutions for the gambling industry, Kambi Group plc, released Wednesday its unaudited report outlining the company’s performance for the first quarter of 2023. Judging by the figures, the company reported growth with revenue hitting €44.0 million ($48.6 million) in Q1 2023. This result, when compared to […]

Business
April 26, 2023
Svenska Spel Reports Strong Q1 Results with Increased Net Gaming Revenue
Sweden’s Svenska Spel, the former state-owned gambling monopoly, has announced positive Q1 results for 2023, with a 2% increase in net gaming revenue compared to the same period last year. The company reported net gaming revenue of SEK1.98 billion ($191 million), up from SEK1.9 billion ($187.5 million) in 2022. Operating profit also increased by 3% […]

Business
April 25, 2023
Zitro Expands in LATAM with New Buenos Aires Office
Zitro, a world leader in entertainment that supplies operators with engaging bingo and slot games, has announced that it has opened a new office in Buenos Aires, Argentina. The new hub will bolster the company’s presence in Latin America and will set it up for further expansion in the region. The opening of the new […]

Business
April 25, 2023
Yahoo Integrates Wagr into Yahoo Sports
Yahoo has announced the acquisition of Wagr, a social sports betting app. This major development is in line with Yahoo Sports’ efforts to create exciting betting and fantasy products for sports aficionados. Wagr excels in mobile-first content and uses its customers’ experience to keep on improving its products. Now, this cutting-edge company will be fully […]

Business
April 25, 2023
Light & Wonder Expands OpenGaming Content with Rogue Games
The leading American corporation offering gambling products and services formerly known as Scientific Games Corporation, Light & Wonder, announced a new content deal on Tuesday. The company unveiled its plans to expand its OpenGaming platform offering by adding unique games from Rogue, an independent games studio. Light & Wonder confirmed that it anticipates the titles […]
