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Business
February 17, 2023
FBMDS Starts the Year with Strategic Collaboration with Entain
The fresh alliance forged in February between FBM Digital Systems (FBMDS), the company that wishes to become the primary supplier of customized technology for the iGaming industry, and Entain, one of the most successful gaming and sports betting groups on the planet, will expand on five continents. 70+ FBMDS Games to Reach Global Markets The […]
Business
February 17, 2023
LeoVegas Divests a Quarter of BeyondPlay to Bettor Capital for €1.9M
The group that is determined to become a premier global casino gaming company has sold a stake in its iGaming business-to-business venture to Bettor Capital. The latter is a venture firm that this way helped LeoVentures, LeoVegas’ investment arm, secure an impressive 73% return on investment in less than 24 months. A “Testament to LeoVenture’s […]
Business
February 17, 2023
Continent 8 Launches iGaming Community Cloud Offering in Ohio
The announcement about the latest achievement came Thursday and sees the company become the first provider of iGaming Public Cloud offering. This marks a major step for Continent 8, considering the strong potential of the regulated online and mobile sports betting market in Ohio. In fact, media reports confirmed that over the New Year’s weekend, […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
Business
February 17, 2023
BetMGM and Aristocrat’s Anaxi Join Forces in Strategic Partnership
On February 16, it was announced that sports betting behemoth BetMGM has formed a strategic partnership with Anaxi, the online Real Money Gaming business of Aristocrat. BetMGM and Anaxi Executives Thrilled about the New Partnership Cath Burns, Executive Vice President of Anaxi, expressed her excitement about the new collaboration: “We are thrilled to be collaborating […]
Business
February 17, 2023
Svenska Spel Appoints Anna-Clara Fredriksson as Head of HR
Swedish gaming company Svenska Spel has appointed Anna-Clara Fredriksson as its Chief Human Resources Officer (CHRO). In her new role, Anna-Clara will be reporting directly to the CEO and will be part of Svenska Spel’s Group Management. Svenska Spel CEO Highlighted Fredriksson’s Vast Experience in the HR Field Patrik Hofbauer, the President, and CEO of […]
Business
February 17, 2023
SKS365 Elevates Betting Experience with New Sportradar Partnership
SKS365 and Sportradar have recently forged a long-term agreement to enhance the betting experience on Planetwin365 by offering a complete entertainment package. This new service will be available to registered users online and on mobile devices and also across the company’s retail network, which is part of the group’s omnichannel approach. The New Sportradar Partnership […]
Business
February 16, 2023
MGM Resorts International Sells Gold Strike Tunica to CNE Gaming for $450M
The NYSE-listed Standard and Poor’s 500 international entertainment company has inked the transaction for $450 million in cash received from the Cherokee Nation Businesses’ subsidiary. The company with an impressive portfolio consisting of 31 global hotel and gaming destinations used Weil, Gotshal & Manges LLP as a legal counsel to complete the sale. MGM Resorts, Ready […]
Business
February 16, 2023
Caesars to Expand Caesars Rewards Program with NY Merchants
Currently, Caesars Rewards is recognized as the largest loyalty program within the gambling industry. The program has more than 60 million members, putting Caesars at the helm of customer loyalty within the vertical offering unique experiences and benefits for its customers. Ultimately, Caesars Rewards establishes a network of gaming, hospitality, entertainment, shopping, dining and other […]
Business
February 16, 2023
Inside The Pocket Powers Playtech with a Rich F2P and DFS Portfolio
Inside The Pocket (ITP), the world’s biggest free-to-play and daily fantasy sports aggregator, has agreed to provide the major gaming tech supplier Playtech with its portfolio of games. Thanks to that, the aggregation company will be able to power the supplier’s operator partners with exquisite gaming experiences. Playtech’s platform already supports many regulated operators which […]
