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Business
May 30, 2022
Incentive Games Appoints Tiago Vieira as Head of Data
Incentive games have a reputation for great data collection and analysis and that’s an integral part of their entire business model. Hiring a new head of data is therefore a signal the iGaming company is ready to take it to the next level. New Head of Data for Incentive Games Incentive Games is an Edinburgh-based […]
Business
May 27, 2022
California Gambling Reform May Help Prop Up DraftKings’ Falling Stock
It has been rough going for online betting operator DraftKings. The company’s stock continues to lose value despite recent good news and outstanding growth prospects. Its earnings call on May 6 scored significantly better than the Nasdaq consensus estimate, and with the continued efforts to legalize sports gambling across the entire US, long-term prospects are […]
Business
May 27, 2022
VICI Stock Attracts Significant Investments during Market Decline
During the first quarter of 2022, Point72 Asset Management, a hedge fund headed by Mets owner Steve Cohen, bought up 633,800 shares of VICI Properties. This comes amidst a slumping market and is likely an attempt by Cohen to adopt a more defensive strategy. Cohen Is Playing It Safe with Low-Risk Purchases It looks like […]
Business
May 27, 2022
Pragmatic Play Rolls Products with Kanon Brand Casino Epic
Pragmatic Play has announced that it will launch its products with Casino Epic, an iGaming operator owned and operated by Sweden-focused company Kanon Gaming. The partnership will grant Casino Epic access to a sizable chunk of Pragmatic Play’s portfolio where they can access excellent and popular player-favorite titles such as Barn Festival, Wolf Gold, John […]
Business
May 26, 2022
Kings Entertainment Unveils Plans for Merger with SVH
The international online service provider for lottery, casino, and sportsbook gambling, Kings Entertainment Group, announced a new combination agreement with Sports Venture Holdings (SVH). Kings Entertainment to Merge with Sports Venture Holdings Announced on Wednesday and dated May 24, 2022, the merger will see Kings Entertainment combine with SVH, the holding company that operates one […]
Business
May 26, 2022
Fantasma Games Brings Johansson Back at the Tiller
As Fantasma Games prepares for rapid expansion and scaling up of its product line, the company’s biggest shareholders have mustered support to bring the founder and chief commercial officer back into the hot seat. Johansson Back in CEO Shoes Fredrik Johansson is stepping into the role of a chief executive officer once again as the […]
Business
May 26, 2022
Ben Warn to Step Down from Sportech Board
Ben Warn has chosen to step down as a non-executive director from the board of directors of Sportech. This will happen on May 31 when his stint will be officially over and the man will not seek reelection. He became a Sportech member back in June 2020 and has been an important part of the […]
Business
May 25, 2022
xDesign, FanDuel Ink New Partnership, Create Jobs in the UK
The leading developer and designer of mobile and web applications, xDesign, announced a new multi-year collaboration with North America’s premier sports gaming platform, FanDuel. xDesign and FanDuel to Create 400 New Jobs The announcement came Tuesday and will see the duo jointly invest £250,000 ($312,500). Ultimately, the new collaboration will seek to create high-value jobs […]
Business
May 25, 2022
FanDuel Chooses Andrew Sheh as Head of Technology
FanDuel Group has appointed a new chief technology officer to join its North American team. Andrew Sheh will be in charge of the company’s further technological advancements as the company continues to innovate its full-stack offer in a bid to secure better market share and provide players with a more engaging and immersive experience. Sheh […]
Business
May 24, 2022
Crown Resorts’ $6.5B Acquisition Pending Final Court Hearing
Australian land-based casino operator Crown Resorts announced in a filing with the Australian Securities Exchange (ASX) today that it has filed materials conccerning the proposed acquisition by Blackstone with the Federal Court of Australia. Final Court Hearing Date Pending Last week, Crown Resorts shareholders voted to almost unanimously approve the proposed transaction by way of […]
