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Business News and Headlines
Business
April 5, 2022
Super Group Taps Lisa Kampf to Lead Investor Relations
Super Group has appointed Lisa Kampf as vice president of investor relationships. The company is best known for its flagship betting and iGaming brand Betway, which has provided experiences across all known gambling verticals, including casinos, sports, and esports. Super Group to Focus on Investor Relations Kampf will work directly under Super Group CEO Neal […]
Business
April 5, 2022
FanDuel and BCE Sign Ontario Sports Betting Partnership
FanDuel Group, a subsidiary of Ireland-based Flutter Entertainment, already scored one against its competitors in Ontario after a multi-year agreement with Canadian telecom and media giant BCE. ‘First-Of-Its-Kind’ Agreement The agreement to enhance BCE-owned TSN sports network with betting-focused content provided by America’s #1 sportsbook operator was announced alongside the official launch of the online […]
Business
April 4, 2022
Stanley Choi Steps Down as International Entertainment Corp Chairman and Executive Director
Billionaire businessman and famous poker player, Stanley Choi Chiu Fai, has stepped down as Executive Director and Chairman of the board of Hong Kong-listed Asian gaming investor International Entertainment Corp (IEC) as of March 31, 2022. The company announced that Choi has resigned from both positions in order to dedicate more time to other commitments and confirmed this […]
Business
April 4, 2022
Rivalry Obtains Ontario License, Launches a Marketing Campaign
Rivalry has managed to secure a license in its second fully regulated market as has cleared the bar to enter Ontario. After being allowed to operate in Australia, the global esports betting brand has now expanded in Canada’s biggest province where online gambling was launched today (April 4, 2022). “Bet on Canada. Bet on Rivalry” […]
Business
April 4, 2022
GIG’s Sportnco Expanded Partnership with Betway’s Portuguese Operator
Gaming Innovation Group (GIG), a business-to-business provider of iGaming cloud-based product and platform services and performance marketing, has inked a partnership agreement with Portugal’s Betway operator, GM Gaming. Sportnco Offers Its Solutions to GM Gaming The deal will see GIG use its B2B sports betting and gambling solutions subsidiary Sportnco to power Betway’s offerings in […]
Business
April 4, 2022
Tekkorp Capital Assembles a Strong Team to Lead New Advisory Arm
Tekkorp Capital, a leading investor in the global gambling sector, has formed a new branch that will advise its clients on making successful strategies, deals, and acquisitions. The firm has assembled a strong team of specialists to lead this advisory business. Seasoned Veterans Will Advise Tekkorp’s Clients Tekkorp’s advisory offerings will teach gambling companies the […]
Business
April 4, 2022
XLMedia’s CEO Resigns, the Company Will Search for a Replacement
XLMedia has announced that its chief executive, Stuart Simms, will be stepping down as he handed his resignation to the board of directors. According to XLMedia, Simms intends to resign because he wants to pursue other dreams and the UK digital publisher will undertake a formal process to find a suitable replacement. Simms Will Continue […]
Business
April 1, 2022
Entain to Deploy Syntropy’s Relay Network to Boost Performance
Transformative Web3 connectivity company Syntropy announced today a deal with global gambling group Entain that will see the group leverage Syntropy’s technology to improve performance. Reduce Latency and Packet Loss, Improve Performance Syntropy’s global relay network and decentralized autonomous protocol (DARP) will connect Entain’s data centers worldwide to reduce latency and packet loss and improve […]
Business
April 1, 2022
GiG to Close Acquisition of Sportnco for €51.37m
Gaming Innovation Group (GiG) announced today the Board of Directors issued a resolution to complete the €51.37 million ($56.5 million) acquisition of Sportnco after the company obtained the required approvals from all relevant authorities. Increase Short-Term and Long-Term TAM The acquisition of Sportnco which was initially announced in December last year is expected to strengthen […]
Business
April 1, 2022
Marcus Rich Becomes XLMedia’s Non-Executive Chair, Joins Three Committees
Effective immediately, Marcus Rich will serve as XLMedia’s new non-executive chair according to a new appointment decision. Rich, who is currently Digitalbox Plc’s non-executive chairman, will also be joining three different XLMedia committees. Rich Will Bring a Wealth of Experience to His New Position XLMedia’s interim non-executive chair Julie Markey expressed the board’s delight in […]