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Business News and Headlines
Business
December 19, 2022
Altenar Steps on the German Market via New Partnership with ChillyBets
Founded in 2018 ChillyBets has been a licensed gambling operator in Germany since 2021 and is the first German operator to partner with Altenar, which already has partnerships with companies in other European countries such as the UK and Belgium. This new collaboration effectively increases Altenar’s presence in the European gambling market. Altenar Makes a […]

Business
December 19, 2022
Caesars Grabs Double Accolades for Water Security and Climate Change
The prestigious recognition came Friday by CDP, a non-profit charity that discloses what impact companies have on the environment. Last year, Caesars scored “B”, but this year, the company entered CDP’s annual “A list.” Caesars was among a short list of companies that were able to achieve a double “A” after 15,000 scored. Caesars Reaches […]

Business
December 16, 2022
Gaming Corps Maintains Momentum with Sights on Greek Launch
Swedish iGaming supplier and developer Gaming Corps announced its entry into the Greek market thanks to a partnership with operators Kaizen Gaming and Novibet. The company will use its extensive portfolio of games to bolster the offerings of its newest partners. Gaming Corps has also pledged to develop additional region-specific content to capitalize on untapped […]

Business
December 16, 2022
Rank Group Recovery Slows Down as UK Market Shrinks
The company acknowledged the impact of the increase in the cost of living, which was evident in its UK-facing operations. Releasing its latest report, Rank Group acknowledged that in the five months ended November 30 this year, net gaming revenue (NGR) was up by only 1%, when compared to the same period in 2021. Rank […]

Business
December 15, 2022
Better Collective Names Petra Zackrisson SVP of Growth
The company on a mission to make sports entertainment more engaging and fun, Better Collective, announced a leadership-level appointment Thursday. As a result, Petra Zackrisson, a seasoned veteran with years of experience in the industry, was appointed senior vice president of growth. Targeting Expansion, Better Collective Appoints SVP of Growth The appointment comes at a […]

Business
December 15, 2022
Meyer Global to Invest $15 Million in PlayStar
PlayStar Gaming Group, a gambling operation with a vision to deliver an online gambling experience like no other, is set to receive $15 million in equity funding from Meyer Global Management. The move will strengthen the operator’s business and help it expand in the United States. PlayStar to Receive Investment from Meyer Global As announced […]

Business
December 15, 2022
MGM Springfield Criticized for Number of Employees, Amenities
MGM Springfield is one of the three casinos in Massachusetts. The property opened back in August 2018 and it’s drawing closer to its five-year anniversary with each passing month. However close to this watershed, a new report reveals that the casino is yet to introduce more amenities and hire as many employees as initially agreed […]

Business
December 15, 2022
Universal Entertainment Reports Major Loss Resulting from Okada Manila Takeover
Following a delay in the announcement of third quarter financial results due to the Okada Manila Casino Resort scandal, Universal Entertainment, the Japan-based parent company of the Philippine casino operator Tiger Resort, Leisure and Entertainment Inc (TRLEI), finally posted its results revealing the fulfillment of forecasts for big losses in connection with the scandal. Universal […]

Business
December 15, 2022
GiG Buys Catena Media’s AskGamblers & Related Casino Brands for €45M
Leading iGaming technology company that offers solutions, products, and services to operators Gaming Innovation Group (GiG) has inked an important acquisition deal with Catena Media Plc. The latter had agreed to sell its two wholly owned subsidiaries located in Serbia and Malta that are responsible for operating the AskGamblers brand and associated online casino brands […]

Business
December 15, 2022
Cloudbet Introduces Loyalty Marketplace for More Experiences
Cloudbet, one of the world’s leading cryptocurrency casinos, has launched a new loyalty Marketplace solution. The idea behind this initiative is to offer players a chance to win a 2023 Lamborghini Huracán, Rolex Daytona Rainbow, and more luxury items and goods that are worth over $500,000. Another item that loyal players can scoop up is […]
