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Business News and Headlines
Business
February 22, 2023
Kambi Group Delivers Impressive 2022 Financial Results
Kambi’s Q4 2022 report reveals growth across all key verticals after the hugely successful World Cup. Solid financials, many new partnerships, and expanding growth opportunities provide the company with a solid jump-off point to tackle 2023’s challenges and take the first steps towards its goal of €50 billion gross gaming revenue (GGR) by 2027. The […]

Business
February 22, 2023
Lottomatica’s IPO May Become a Reality in April
Apollo Global Management, the American global private-equity firm behind the Italian operator Lottomatica, plans to have the casino brand go public. As reported by sources earlier, Lottomatica’s initial public offering listing may be ordered very soon. Apollo’s strategy would be to list Lottomatica on the Borsa Milan Exchange. The rumors were later confirmed by Lottomatica […]

Business
February 22, 2023
Hacksaw Gaming Inks Content Partnership with William Hill
Announced Tuesday, the new deal will deliver games from the leading provider of content for the iGaming industry, expanding William Hill’s offering. Per the terms of the new deal, the leading operator will benefit from Hacksaw Gaming’s portfolio of games including the recently released hit Dead or a Wild, among other leading titles. Besides innovative […]

Business
February 22, 2023
Betsson Goes Live in Ontario via Betsafe Brand
The holding company that invests in and leads quick-developing iGaming companies has been granted a business-to-business and a business-to-consumer online gaming authorization for the locally regulated market in the Canadian province. Shortly after, a complete business-to-consumer offering was officially launched by Betsson with the help of the company’s international brand Betsafe. The decision perfectly matches […]

Business
February 22, 2023
Raketech Posts Spectacular Q4 Results, Will Focus on Key Products in 2023
Raketech published its financial results for the final quarter of 2022, highlighting its performance. The company experienced good organic growth and recorded record-breaking revenues. Revenues for the period sat at $16.7 million (converted to USD) thanks to the performance of Raketech’s core portfolio of affiliation marketing. Revenues from the United States increased to $2.45 million, […]

Business
February 22, 2023
Better Collective Surpassed 2022 Targets, Hopes to Do Even Better in 2023
Better Collective has published its interim report for Q4 2022. In the period between October 1 and December 31, the company’s metrics rose across the board, contributing to the record-breaking results it already expected. In Q4 2022, the company’s revenue reached around $91.6 million (converted to USD), which represents a growth of 63% year-on-year. Recurring […]

Business
February 22, 2023
NuxGame and V8Poker Ink Landmark Content Agreement for Asia
The news comes after the business-to-solution provider of premium iGaming products announced that it would add NOWPayments to its roster of supported crypto payment methods earlier in the week. The newly inked deal with V8Poker, the popular content provider on the Asian continent, will help NuxGame continue to provide top-grade content to its clients. NuxGame […]

Business
February 22, 2023
Caesars Posts Strong Fourth Quarter and 2022 Results
In its latest trading update released Tuesday, the company revealed that its net revenues for the period between January and December 2022 hit $10.8 billion. When compared to the $9.6 billion reported for the corresponding period in 2021, this result marked a strong increase. Judging by the recent report, Caesars’ net loss in 2022 was […]

Business
February 22, 2023
Catena Remains Confident in North America as FY2022 Proves Strong
The company, which is a leader in the affiliate iGaming and sports betting market, offered a detailed breakdown both of its Q4 and FY2022 results. Some of the highlights enumerated by the company included a revenue increase of 31% in the last three months of the year, driven by online sports betting launches in Maryland. […]

Business
February 21, 2023
Galaxy Entertainment Group Appointed Ted Chan as CFO
One of Macau’s casino concessionaires, Galaxy Entertainment Group (GEG), announced a major change in its executive team with the departure of Robert Drake whose role as Chief Financial Officer (CFO) will be assumed by Ted Chan. Extensive Financial and Operational Experience The appointment of Chan as Galaxy Entertainment’s new CFO will take place after a […]
