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Business News and Headlines
Business
December 7, 2023
Flutter CEO Discusses FanDuel’s Growth and Plans for the US Market
FanDuel has attained a significant market share in the US, successfully branching out from its Daily Fantasy Sports (DFS) origins to become one of the leading players on the sports betting scene. However, rising competition from rivals like DraftKings and ESPN Bet means the operator must maintain its efforts to remain competitive and attract customers […]
Business
December 7, 2023
DraftKings CEO Confident in Company’s Resilience Amidst ESPN Bet Launch
DraftKings CEO, Jason Robins, has expressed confidence in the company’s position in the online gaming market, stating that the recent launch of ESPN Bet does not pose a threat to DraftKings’ trajectory. DraftKings CEO Jason Robins Stresses Product Excellence Speaking at the 3rd Annual Craig-Hallum Online Gaming Conference, Robins acknowledged the competitive landscape but emphasized […]
Business
December 6, 2023
DraftKings Expands Its Fantasy Offering with Pick6
American sports betting powerhouse DraftKings has unveiled a new peer-to-peer fantasy sports game called Pick6. Debuting in six states, the game leverages simple, yet exciting mechanics that will provide sports fans with hours of fun. DraftKings’ newest fantasy title is debuting in Maryland, Minnesota, Oklahoma, South Carolina, Tennessee and Wisconsin, allowing players to enjoy premium […]
Business
December 6, 2023
DGC Supplies Content to Caesars Digital in Pennsylvania
Digital Gaming Corporation (DGC), a premium provider of iGaming content, has reinforced its existing partnership with Caesars Entertainment’s online casino division, Caesars Digital. Under the expanded agreement, DGC will inject iGaming content into the operator’s Caesars Palace Online Casino brand in Pennsylvania. The launch comes soon after DGC supplied premium online slots to Caesars Palace […]
Business
December 6, 2023
TrueLayer Announces Nordics-Oriented Tie-up with Lunar
Nordic challenger bank Lunar has teamed up with TrueLayer, a leading open banking payments network in Europe. The new alliance will see the two companies “redefine the payments landscape” across Denmark, Norway and Sweden. According to the announcement, the new partnership will bolster TrueLayer’s instant payment capabilities in the aforementioned markets through seamless integration with […]
Business
December 6, 2023
Las Vegas Sands Corp Increases Stake in Sands China Ltd Amidst Market Downturn
Las Vegas Sands Corp (LVS) is strategically adjusting its position to boost its holdings in its Macau subsidiary, Sands China Ltd. A Hong Kong Stock Exchange filing revealed that the company’s controlling shareholder, LVS, intends to engage in a share purchase transaction with an undisclosed financial institution. Sands China hopes for enduring success in the […]
Business
December 5, 2023
AGA Names Ex-Washington Commanders Executive as SVP of Strategic Communications
The American Gaming Association (AGA) has reinforced its executive team with the appointment of the experienced Joe Maloney as senior vice president of strategic communications. In this position, the new appointee will be tasked with leading the gambling association’s communications, research, marketing and public affairs. Maloney will officially join AGA’s team in January and will […]
Business
December 5, 2023
ISS ESG Improves NOVOMATIC’s Sustainability Rating to C
ISS ESG, a sustainability rating agency, has updated NOVOMATIC’s sustainability rating to C, marking it as one of the best companies within the electronics industry. ISS ESG, which is one of the best sustainability experts along with Sustainalytics and Moody’s ESG Solutions, assessed Novomatic’s business, examining its environmental, economic and social performance. As usual, ISS […]
Business
December 5, 2023
Habanero Obtains Swedish Gambling Authority B2B License
The provider of world-class slot and table games popular in Western and Asian markets, Habanero, has expanded its presence on the Old Continent. The company with a portfolio that spans no less than 22 worldwide markets thanks to a plethora of agreements inked with big operators like Betway, Entain, Sportium, and Sisal has been granted […]
Business
December 5, 2023
Kambi Group Proceeds with $3M Share Buyback Program
Kambi Group, a B2B provider of sports betting services and solutions, has unveiled a share buyback program. The company secured the buyback mandate at the Extraordinary General Meeting on June 19 and will now proceed to exercise it. According to Kambi’s board of directors, the buyback program is set to run until May 21, 2024, […]