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Business News and Headlines
Business
November 29, 2022
888 Holdings to Discuss Strategy at CMD Event
888 Holdings, a leading global gambling company, has updated its strategy for sustainable gambling creation. More details, the holding said, would be shared at its Capital Markets Day (CMD). 888 Will Discuss Its Future The CMD event, according to 888, would feature several presentations from its executive, who will shed light on the company’s updated […]

Business
November 29, 2022
Wynn Macau Adjusting to Comply with New Gaming Laws
Considering this year’s changes that Macau made to its gaming laws concerning operators, Wynn Macau has had to make some adjustments in order to be compliant with the latest regulatory updates. Capital Restructuring at Wynn Macau The Wynn Resorts Macau (WRM) unit was subjected to a capital restructuring that answered the need for an increase […]

Business
November 28, 2022
Glitnor Group and KaFe Rocks Call Off Merger
At the beginning of 2022, Glitnor Group, a leading online gambling operator and content provider that strives to be the fastest-growing group in iGaming, announced its plans to acquire KaFe Rocks Group, a leading iGaming affiliate. However, Glitnor has now changed its mind, opting to not complete the transaction. Glitnor Group and KaFe Rocks Agreed […]

Business
November 28, 2022
Lottomatica Posts Interim Results for the Period Ended September 30
Lottomatica, the biggest Italian gambling operator, has posted a spectacular year-to-date revenue for the period ended September 30, 2022. During the first nine months of the year, the company earned over $1 billion, according to an interim trading report. Report Outlines the Company’s Performance in the Period Ended September 30 Lottomatica has surpassed the milestone […]

Business
November 25, 2022
STS Group Reports Increase in Revenue and Profit in Q3
The fast-growing bookmaker in Central Europe and leading operator in Poland, STS Group, released its latest trading update Friday. The company revealed it enjoyed a strong performance for the third quarter, boosted by an increase in customer activity because of an action-packed sports schedule. STS Posts Third Quarter Results Overall, STS Group reported PLN 150 […]

Business
November 25, 2022
Lady Luck Expands Latin American Footprint via Logrand Deal
Leading Swedish game studio Lady Luck Games announced a new deal strengthening its presence in Latin America. The company said Friday it joined forces with Logrand Entertainment Group. Logrand Entertainment and Lady Luck Games Ink New Deal Under the terms of the new deal with Logrand Entertainment Group, Lady Luck Games agreed to provide its […]

Business
November 24, 2022
Playtika Completes $25М Ace Games Investment
Mobile gaming entertainment and technology company Playtika Holdings announced the successful completion of a $25 million minority investment in Turkish mobile gaming developer Ace Games. The move aims to bolster Playtika’s international growth and expand the company’s footprint in the mobile gaming market. Playtika Invests in Winning Verticals Playtika’s newest investment comes not long after […]

Business
November 24, 2022
GiG Agrees to Provide Platform for Strike Games via New Deal
Award-winning iGaming platform and sportsbook solutions provider Gaming Innovation Group (GiG) announced a new partnership with Strike Games. Strike Games to Leverage GiG’s Platform The terms of the new deal announced Thursday see GiG provide Strike Games access to its leading platform solution. The company’s platform is developed in a way to help operators grow […]

Business
November 24, 2022
Rank Group Names Charles-Jones as Head of Remuneration Committee
Rank Group, a gambling company based in the United Kingdom, has reinforced its team with a new head of its remuneration committee. The one joining the company is Lucinda Charles-Jones who will replace the current committee head, Steven Esom. The new appointee has also been named as the designated non-executive director for workforce engagement. Rank […]

Business
November 24, 2022
BETER Live Becomes Part of SoftGamings Aggregation Platform
BETER Live, a provider of live casino gaming solutions, has revealed a new partnership with SoftGamings, which will allow companies that are using the SoftGamings content aggregation platform to have access to BETER’s distinct selection of live games. BETER Live Joins SoftGamings Platform of Content BETER Live already sports a good variety of titles that […]
