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Business
January 12, 2022
Codere’s Operations in Argentina Could be the First to be Sold
It’s been over a month since shareholders took control of Spanish gaming operator Codere and warned that asset sales would be coming. Now, the first group of assets is on the chopping block, with the shareholders possibly looking to sell Codere’s stakes in Argentina. This is part of a plan by the group to assist […]
Business
January 12, 2022
MegaLuck Casino in Jeju, South Korea May Be Out of Luck
Jeju Island in South Korea was once a hotbed for casinos. This is currently not the case because of COVID-19. Several small entities have folded and another is about to be added to the list. GGRAsia reports that, according to a letter that was sent by the Jeju KAL Hotel to a labor union, the […]
Business
January 11, 2022
Super Group Announces It Has Met Its H2 2021 Targets
Super Group, the ownership company of the global online gambling company Betway, has revealed that it has met the forecasts for the second half of 2021 it had made in August. The announcement comes just before Super Group’s planned initial public offering. Super Group’s IPO and August Forecast Despite a few setbacks, Super Group has […]
Business
January 11, 2022
FuboTV’s Preliminary Q4 Results Exceed the Company’s Expectations
FuboTV has just released its preliminary Q4 results, and they are looking good for the company. Data shows that subscriber metrics and revenue are likely to exceed the original numbers that were issued, even though the company’s stock has fallen by 5% just recently. Q4 Revenue Is Expected To Be More Than $210 Million The […]
Business
January 11, 2022
LVBet Boosts Responsible Gambling via Jada Gaming Partnership
Leading iGaming brand based in Malta, LVBet, announced a new partnership with the data and analytics AI specialist Jada Gaming. LVBet to Leverage Jada Gaming’s Platform Thanks to a New Partnership The new collaboration aims at strengthening the online sportsbook and casino operator’s responsible gambling capabilities. Besides growing, LVBet has previously vowed to ramp up […]
Business
January 11, 2022
Genting Group Subsidiary Facing Insolvency After Failing to Secure Lifeline
A few years ago, Genting Hong Kong set out on a mission. It envisioned a fleet of casino cruise ships and was so determined to realize its dream that it bought its own shipbuilder in Germany. It didn’t take long before trouble surfaced by way of a global pandemic, and Genting Hong Kong was caught […]
Business
January 10, 2022
EveryMatrix’s OddsMatrix Reached Milestone in Q4 Bet Turnover
Leading B2B provider of solutions, content, and services for the sports betting and gaming industry EveryMatrix announced today its sportsbook solution achieved a record turnover in the fourth quarter of 2021. Performing Better Than Forecasted OddsMatrix, the sports betting solution provided by EveryMatrix, registered a turnover of over €100 million ($133 million) per month of […]
Business
January 10, 2022
SRI Acquires Ben Fried as Head of Betting and Gaming for London
SRI, a global executive search and talent consulting firm focused on shaping the futures of companies across the media, content, technology, and sport, has made a new addition to its leadership by acquiring gambling industry veteran Ben Fried. Ben Fried Joins SRI Fried is joining SRI as its new head of betting and gaming practice […]
Business
January 10, 2022
Eccles, Bullpen, Sequoia, Kaszek Invest in Draftea $13.2m Round
A daily fantasy sport (DFS) app focused on Latin America raised $13.2 million in a seed funding round that saw some prominent industry investors back the startup ahead of the app’s launch in Q1 2022. Nigel Eccles Moves in on the Venture Draftea, a socially geared DFS platform that is currently in its beta-testing phase […]
Business
January 10, 2022
Hero Gaming Boosts Betting Footprint with BETBY Backing
BETBY has reached an agreement with Hero Gaming, a global gaming and betting operator, which will allow the company to establish a footprint in key territories worldwide and boost awareness for its products. Sports Betting on Hero Gaming’s Growth Radar The partnership will allow BETBY to leverage its product offering through Hero Gaming’s dedicated brands, […]