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Business News and Headlines
Business
February 22, 2024
Tabcorp Gains Market Share despite Dip in Revenue for 1H24
Tabcorp, the leading Australian betting giant, released its latest trading update, uncovering insights regarding its performance for the six months ended December 31, 2023. The period, recognized by the company as 1H24, indicated a decrease in revenue and group EBITDA, but highlighted an improving market share trend, pointing to expected strong growth in the near […]
Business
February 22, 2024
Bally’s Publishes Strong Q4 Results, Posts FY24 Guidance
Bally’s Corporation, a casino and hospitality company, has published its Q4 2023 results, painting a stable financial picture of its business. The company recorded a 10% improvement in its UK business on a dollar basis and reported an all-time-high quarterly adjusted EBITDAR. Bally’s consolidated revenues for Q4 stood at $611.7 million in Q4, up 6.1% […]
Business
February 22, 2024
Revpanda Secures Best Digital Agency Award, Launches Block Monitor Solution
Revpanda, an all-in-one digital marketing agency, has announced that it has been named Best Digital Agency at the iGB Affiliate Awards 2024. Labeling this as its “latest conquest,” the company expressed its excitement for the future. Revpanda used the opportunity to reaffirm its commitment to adhering to the highest industry standards. The company, which is […]
Business
February 21, 2024
Evolution Strengthens NA Partnership with Caesars Digital
B2B online casino services provider Evolution has unveiled a new strategic agreement with Caesars Entertainment’s online arm, Caesars Digital. Under the deal, the companies will reinforce and expand their existing partnership in North America. The former company referred to the deal as a “groundbreaking partnership,” saying that Evolution and Caesars will work together to establish […]
Business
February 21, 2024
Glitnor Names Mel Camilleri-Bland Chief Operations Officer
Glitnor Group, a company striving to be the most entrepreneurial and fastest-growing business group in the iGaming industry, has strengthened its team with a major new appointment. As announced by the company, the experienced Mel Camilleri-Bland will join its ranks as its new chief operations officer. In her new position, Camilleri-Bland will be responsible for […]
Business
February 21, 2024
FanDuel Acquires BeyondPlay for an Undisclosed Sum
Flutter’s sports betting and fantasy sports brand FanDuel has acquired the iGaming software startup BeyondPlay in a strategic deal. While the monetary aspect of the arrangement was not disclosed, executives expressed their excitement about the deal. BeyondPlay was founded in 2021 and offers a jackpot management system and multiplayer software. The first solution allows the […]
Business
February 21, 2024
Kinectify Secures Investment from Aristocrat, Adds Jason Walbridge to Board
Kinectify, a novel gambling risk management tech firm, has unveiled a new investment by Aristocrat Leisure Limited. The investment demonstrates the latter firm’s trust in Kinectify’s solutions and was joined by additional contributions from existing investors. In addition to the investment by Aristocrat, Kinectify secured backing from a number of companies and organizations, including Acies […]
Business
February 21, 2024
Kambi Publishes Q4 Results, Highlights Strategic Progress
Kambi Group, a provider of betting services to the regulated gambling industry, has published its Q4 report. In addition, the leading supplier posted its guidance, saying that it expects FY 2024 revenue of between EUR 170 million and EUR 180 million ($183.6-$194.4 million). Revenue for Q4 amounted to EUR 44.3 million ($47.8 million), representing a […]
Business
February 21, 2024
Caesars to Acquire WynnBET’s Michigan iGaming Operations
The leading betting and gaming operator, Caesars Entertainment, announced an important acquisition, allowing it to significantly strengthen its footprint in one of the six online gambling markets across the United States. On Tuesday, the company confirmed the acquisition of WynnBET’s Michigan iGaming operations. In other words, Caesars acquired the company’s online gambling operations in the […]
Business
February 21, 2024
Aruze Lands 14 Tribal Approvals and Four More State Licenses
Leading supplier of innovative gaming solutions committed to delivering unparalleled entertainment experiences, Aruze Gaming Global (AG2), has “proudly” announced it managed to secure a series of regulatory approvals from 14 tribal entities spread all across the United States. The company, which displays a versatile portfolio of state-of-the-art services and products, also obtained licenses from the […]