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Business
March 3, 2022
Bet365 CEO Coates Banked £300M Despite Pay and Dividend Cuts
Bet365, an online gambling brand operating out of Stoke-on-Trent in the UK, announced broadly flat revenues for the financial year ended March 28, 2021, yet its founder and co-chief executive officer Denise Coates reportedly took home nearly £300 million ($400 million). Highest Paid Director 54-year-old Coates was paid a £250 million ($333 million) salary and […]
Business
March 3, 2022
UK’s National Lottery Operator Camelot Secures Gaming Certifications
UK’s National Lottery operator Camelot Group has obtained its Responsible Gaming Certifications for the European Lotteries and the Level 4 of the World Lottery Association for the fifth time in a row. The certifications are valid for three years and they were last updated in 2019. What Do the Responsible Gaming Certifications Mean? Both accreditations […]
Business
March 3, 2022
Apollo Interested in Creating Yahoo Sports Spin-Off via New Merger
Apollo Global Management, the global, high-growing asset manager that took over Yahoo from Verizon for $5 billion dollars in 2021, is looking into a merger plan between Yahoo Sports and an existing sports betting company in the industry. No details or drafts of the merger are available at the moment. Yahoo is Having Preliminary Talks […]
Business
March 3, 2022
Entain Sees Online Growth Sustain FY2021 Results, Retail Returns in 2022
Entain Plc has been looking at a strong 2021 for a while now, but the final results are in and the brand whose digital transformation has been presided over by chief executive Jette Nygaard-Andersen has tapped into a resilient and unshakable source of strong financial performance. The company took a hit in its retail results […]
Business
March 3, 2022
Bitcasino Adds Nigerian Singer Tekno as Brand Ambassador
Bitcasino continues to build up its public relations by adding more prominent people to its brand name. The latest representative for the growing iGaming brand that focuses on crypto gaming and zeroes wagering requirements is Augustine Miles Kelechi, a Nigerian musician known by the moniker of Tekno. Spreading Bitcoin Through Music The 29-year-old singer is […]
Business
March 3, 2022
Venetian and Palazzo Casino Resorts Create Value Sharing Program for Employees
The Venetian and The Palazzo Casino Resorts on the Las Vegas Strip have decided to come up with a revenue-sharing scheme that will enable staffers to contribute towards the properties’ sustainability and profitability and get something out of it as well. Giving Employees Deserved Job Assurances This is done at the behest of Apollo Global […]
Business
March 3, 2022
Morgan Stanley Optimistic about DraftKings’ Stock Despite Short-Term Losses
A recent Morgan Stanley analyst note is bullish on the potential of the DraftKings stock as gaming shares are a hotly debated topic in investment circles. Some have advised that more consolidation of the sector would be needed before any real gains can be realized. Yet, the outlook from Morgan Stanley for the fantasy and […]
Business
March 3, 2022
SciPlay Acquires Alictus Studio in up to $300M Deal
Developer of social casino experiences SciPlay has added another high-profile mobile studio to its lineup of assets, expanding the reach of its gaming nous and expertise. The acquisition of Alictus, a Turkey-based development studio of casual game experiences, has become the latest asset that SciPlay will now run under its umbrella. SciPlay Pays Initial $100m, […]
Business
March 2, 2022
Stats Perform Unveiled New Data and AI Products for Sportsbooks
Stats Perform, a global sports data technology and artificial intelligence (AI)-driven firm unveiled today five new products for sports betting operators that would elevate bettor experience. ‘Light Up Your Sportsbook’ The range of new products revealed at the “Light Up Your Sportsbook” online event leverages live streaming, player stats bets, same-game multis, and other sports […]
Business
March 2, 2022
HighStakes Brings Trading, Crypto, and Gaming Platform Online
HighStakes has become the latest platform to launch a dedicated gambling experience that features crypto and trading through a new one-shop website. The HigStakes.com portal is dedicated to online poker, sports betting, casino gaming, as well as trading, and crypto. HighStakes Introduces New Website The company is using products developed by One Touch, Evolution, and […]