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Business News and Headlines
Business
October 31, 2023
Entain Names Amanda Brown as Independent NED
Global gaming and sports betting leader Entain has reinforced its board with the appointment of Amanda Brown as an independent non-executive director (NED). The experienced appointee has years of experience in corporate leadership roles and is a valuable addition to the team. Brown will officially join the team on November 8, also becoming a member […]
Business
October 31, 2023
TrueLayer and William Hill Team Up for Instant Payment Solutions
In a strategic move to enhance its customer experience, William Hill, one of the UK’s leading gaming operators, has partnered with TrueLayer, a payments technology provider. This mutually beneficial agreement will significantly bolster TrueLayer’s market presence, allowing it to stand out amidst harsh competition. Meanwhile, William Hill will benefit from instant bank payment capabilities, improving […]
Business
October 31, 2023
IGT’s Q3 Revenue Stagnates, but the Company Remains Healthy
International Game Technology (IGT), the global gaming and lottery solutions provider, announced its third-quarter financial results, reporting revenue of $1.06 billion. This figure is consistent with the previous year and the preceding quarters, indicating steady fiscal performance. IGT leadership remains optimistic that the company can further leverage its leadership position and achieve lasting success. Negative […]
Business
October 31, 2023
Rick Wolf to Retire from SSG at the End of 2023
The world-leading technology, content, media and solutions provider that focuses on the sports betting and fantasy sports vertical, Spotlight Sports Group (SSG), announced an upcoming change to its C-suite. On Tuesday, the company confirmed that its SVP of business-to-business (B2B) partnerships, Rick Wolf, has taken the decision to retire. His retirement would be effective as […]
Business
October 31, 2023
MGM and Marriot Deal Delayed, Likely Due to Cyberattack
Back in July, MGM Resorts International, the leading gaming, hospitality and entertainment giant, announced a new collaboration with hospitality giant, Marriott International. At the time, the duo confirmed the licensing and development of the MGM Collection with Marriott Bonvoy which was expected to come into effect this month. However, the collaboration was postponed to next […]
Business
October 31, 2023
SBS Revolutionizes Ad Viewing, Allowing Viewers to Block Gambling Ads
SBS, Australia’s renowned broadcasting network, has unveiled a revolutionary feature on its On-Demand TV app. Starting early next year, viewers will have the power to curate their ad experiences, allowing them to opt out of specific advertising categories. SBS Revolutionizes Ad Viewing, Puts Power in Viewers’ Hands SBS Managing Director, James Taylor, revealed that viewers […]
Business
October 30, 2023
Kambi’s Sportsbook Technology to Power Two LiveScore Group Brands
The leading provider of sports betting technology and solutions, Kambi Group, announced a new long-term agreement with LiveScore Group of companies. Under the terms of the new strategic long-term collaboration, Kambi agreed to power the Group’s sportsbooks, LiveScore Bet and Virgin Bet brands across the globe. Per the new deal, the provider agreed to supply […]
Business
October 30, 2023
Gamblers in Deadwood, South Dakota Bet $140M in September
Last month was a busy period for casinos in Deadwood, South Dakota, a newly released report from the state’s Department of Revenue reveals. The report unveils details regarding the total handle and win reported by licensed operators offering slot games, sports betting and table games. The total gaming handle reported in September was $140.1 million, […]
Business
October 27, 2023
Novibet Appoints Al Alevizakos as CFO
Novibet, a specialist in gambling technology and solutions, announced that it has appointed the experienced Al Alevizakos as its new chief financial officer. In his new position, the appointee will be responsible for the company’s finances, helping it maintain and bolster the profitability of its business. As highlighted by Novibet, Alevizakos boasts a proven track […]
Business
October 27, 2023
Betsson Publishes Interim Report, Posts Record-Breaking Q3 Results
Betsson Group has published its interim report for the period between July and September, highlighting new record numbers. The company’s metrics increased across the board as it channeled more active customers toward its products. As reported, Betsson’s group revenue for the period was EUR 237.6 million ($251 million), representing an increase of 19% and an […]