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Business News and Headlines
Business
July 7, 2022
ParlayBay to Pivot Towards Asia with AzureTech
ParlayBay has signed a distribution partnership with iGaming aggregation platform AzureTech. As a result, ParlayBay will be able to boost the reach of its dedicated sports betting products which will now be part of AzureTech’s platform which has a strong focus on the Asian market. AzureTech to Give ParlayBay Market Boost ParlayBay will benefit from […]

Business
July 6, 2022
High 5 Games Secures iGaming License in Pennsylvania
The New York-based casino game provider High 5 Games received an Interactive Gaming Manufacturer License from The Pennsylvania Gaming Control Board. With this regulatory hurdle cleared, the company will be able to market its services to the state’s operators. The Slots Developer Now Operates in Four US States Twelve of High 5’s slot games are […]

Business
July 6, 2022
Fitch Lowers Crown’s Rating Post-Blackstone Takeover
Crown Resorts, Australia’s largest gaming operator, recently sold its business to The Blackstone Group, a real estate and private equity firm. As a result, Fitch Ratings, a major rating agency, downgraded its rating of Crown’s business. Fitch Changed Its Ratings Soon after Blackstone completed the deal, Fitch lowered Crown Resorts’ Issuer Default Rating from BBB […]

Business
July 6, 2022
SIS Looks to Expand Its US Market Presence With Two New Appointments
Sports Information Services (SIS) has announced two new appointments the live betting provider gives Sean Beirne and Brenda Strickland senior roles. Beirne and Strickland will help the US subsidiary continue its growth in the country. The news comes shortly after the company announced new appointments to support its global expansion. The Roles of Beirne and […]

Business
July 6, 2022
PressEnter Group Appoints Daniela Speranza as Director of Compliance
PressEnter Group has appointed Daniela Speranza as its new director of compliance, as the company continues to focus its efforts on regulated markets worldwide. PressEnter Group already operates a number of prominent gaming brands, including 21.com and NitroCasino, and is determined to continue delivering on best practices as per local regulatory standards. PressEnter Group Remains […]

Business
July 5, 2022
Hollywoodbets Bails out Kenilworth Racing from Financial Disaster
The board of directors of Kenilworth Racing (KR), a South African horse racing organizer, declared that the company would receive an approximately $12 million investment by sportsbook Hollywoodbets. The purchase will alleviate KR’s dire financial situation and allow the company to stabilize and maintain its operations. Kenilworth Racing owns three major horse racing facilities in […]

Business
July 5, 2022
IGT Finalizes iSoftBet Acquisition and Expands in Digital
IGT PLC has informed investors that the New York Stock Exchange-listed technology group has completed its acquisition of iSoftBet. The deal is evaluated at €160 million and has resulted in IGT acquiring full control over the developer. Securing New In-House Game Developer ISoftBet originally announced its intention to acquire the company in April 2022, seeking […]

Business
July 5, 2022
Sportingtech Appoints Bobby Longhurst as New Managing Director
Sports betting and gaming platform provider Sportingtech has revealed a new executive change by appointing Bobby Longhurst as the company’s new managing director. In this position, Longhurst will oversee the company’s growth ambitions and the general strategy needed to be deployed to achieve this. Sportingtech Brings the Right Executive to the Job Previously, Longhurst […]

Business
July 5, 2022
Huddle Turns to Odds On Compliance to Navigate US Expansion
Huddle Tech Inc. has strengthened its presence in the United States through a new alliance with Odds on Compliance. The partnership will be focused on catering to the needs of iGaming operators, which is Huddle’s bread and butter. Huddle Tech Seeks Advise on US Gambling Regulation The company uses advanced and proprietary data-driven solutions to […]

Business
July 5, 2022
CopyBet Becomes Shirt Sponsor for Queens Park Rangers
British soccer club Queens Park Rangers and sportsbook CopyBet have signed a partnership with the latter becoming the official betting partner for the team. As a result, CopyBet branding will be visible during the upcoming 2022-23 season, featuring CopyBet branding and imagery across social media channels and on player shirts, an example of which has […]
