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Business News and Headlines
Business
January 13, 2023
Mkodo’s GeoLocs Service Is Now Available to Operators
GeoLocs promises advanced technology that is self-manageable, seamlessly implemented, easy to use, and designed with the needs of iGaming operators in mind. Featuring geo-based marketing and promotional offers, GeoLocs promises easy regulatory compliance. The developer’s solution was tested with the help of several trusted partners and is now available to operators. The Developer Prioritizes the […]

Business
January 13, 2023
888 Records Disappointing Q4 Results, CFO to Step Down
Leading global gambling company 888 Holdings saw a surprising decline in revenue in the fourth quarter despite a World Cup boost 888 explained the slight dip in revenue with the new online gambling regulations in the UK, regarding the quarter with optimism despite the disappointing metrics. The company’s retail segment performed well, recording a modest […]

Business
January 13, 2023
Kindred Unhappy with Preliminary Q4 Results, Plans to Take Action
On Thursday, the company released an update for the fourth quarter of 2022, confirming it expects to see revenue of £305.0 million ($372.9 million). Kindred’s Q4 Revenue Impacted by the World Cup A year-over-year comparison reveals a solid growth of 24% when compared to the £224.9 million ($275 million) result reported for Q4, 2021. Comparison […]

Business
January 13, 2023
Lottomatica Considers Going Public, Sources Claim
Lottomatica, an Italian sports betting and casino operator, is allegedly considering a Milan initial public offering. As reported by Bloomberg, anonymous sources claim that the company’s IPO may raise as much as $1 billion. Lottomatica May Earn $1B Through Its IPO According to the reports, Lottomatica’s IPO may become a reality in 2023. Going public […]

Business
January 12, 2023
Entain Snatches BetCity from Sports Entertainment Media for $482M
The deal between the two parties was originally announced for an initial consideration of €300 million ($324 million) and a maximum deferred contingent consideration of €550 million ($594 million) in June 2022. Now, Entertain has presented the completion of all procedures for a final acquisition cost of €450 million ($484.2 million). The total cost, which […]

Business
January 12, 2023
Super Group Inc. Authorizes $25M Share Buyback Program
At the start of the year, the holding company for leading online sports betting and gaming announced it would extend its global foothold in the US by acquiring Digital Gaming Corporation. Now, the parent company of Spin and Betway has announced that its board of directors has given the green light for the launch of […]

Business
January 12, 2023
DAZN Lost Billions in 2021, Postpones IPO Plans
DAZN, a leading sports streaming platform, announced that its initial public offering may become a reality within three years. This news comes in the wake of a report which outlined the company’s losses in 2021. DAZN Lost Billions in 2021 DAZN is a sports streaming company that hopes to become the next powerhouse in media […]

Business
January 12, 2023
CT Interactive Inks Belgian Deal with PepperMill
CT Interactive, a Bulgarian company focused on developing and supplying games for online casinos, has expanded its presence in Europe through a deal with PepperMill Casino. CT Interactive Pens Deal with peppermillcasino.be Under the deal, the latter company will receive the provider’s suite of Dice slot games. As a result, PepperMill will be able to […]

Business
January 12, 2023
Integrated Resorts with Casinos Back on the Table for Thailand
Integrated Resorts (IRs) can help cities boost their visitation and tourism. If the resorts offer casino gambling, those activities deliver fresh tax revenue for local and government structures and at the same time decrease the share of the black market. Casinos Expected to Take 5% Of Integrated Resort Areas Now, a new report released by […]

Business
January 11, 2023
Pariplay Boosts New Jersey Presence via Resorts Digital Gaming Deal
Already a popular presence in four US states and seven Canadian provinces, NeoGames’ subsidiary has expanded its reach in the Garden State. Thanks to the new deal, the brand will dig deeper into the North American regulated gaming market and continue the “outstanding strides” made in 2022 in the region. NeoGames Adds “Another Strong Casino […]
