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Business News and Headlines
Business
September 26, 2023
Livespins and Relax Gaming Ink Major Distribution Deal
The leading provider of socially-charged unique online casino experiences, Livespins, announced a new partnership with the award-winning B2B multi-product provider that caters to the betting and gaming sector, Relax Gaming. Under the terms of the new partnership, lauded as a landmark distribution deal, Livespins will further expand the reach of its socially-charged online casino experiences […]
Business
September 26, 2023
888 Readjusts Senior Leadership Amid Global Business Growth
In mid-September, leading betting and gaming company 888 Holdings announced the appointment of Sean Wilkins as its new chief financial officer, a decision that will go into effect starting February 1, 2024. The month before that, the company made its H1 2023 results public, reporting strong revenue and adjusted EBITDA growth with special emphasis on the […]
Business
September 25, 2023
Kambi Expands Relationship with LeoVegas, Supplies Solutions to BetMGM UK
The MGM Resorts International-owned LeoVegas Group will reinforce the BetMGM brand in the United Kingdom thanks to a partnership with Kambi Group, a leading provider of sports betting solutions. Under the agreement, Kambi will supply the UK-facing iteration of the BetMGM brand with its reliable sports betting technology, including the award-winning Bet Builder solution and […]
Business
September 25, 2023
Renowned Solicitor Bolsters Curaçao Gaming Control Board
In a pivotal development, Hilary Stewart-Jones, a seasoned solicitor with over three decades of experience, has been appointed an advisor to the Curaçao Gaming Control Board (GCB). Her extensive legal background and expertise make her an invaluable addition as Curaçao embarks on a landmark transformation of its gambling regulations, signaling a momentous shift for the […]
Business
September 25, 2023
Mark Stebbings Plans to Step Down from COO Role with Betfred
The leading gaming and sports betting company that has a rich history of more than 50 years and operates more than 1,350 betting shops, Betfred, would soon have to start looking for a new group chief operating officer (COO), after Mark Stebbings, who currently holds the role, announced his plans to leave the company. The […]
Business
September 25, 2023
Entain Hit by Regulatory Headwinds, Prepares for Slower Online Growth
The global gaming, sports betting and interactive entertainment company, Entain, released a new report Monday, providing an update on its current trading as well as FY 2023 guidance. The recent report included details regarding strategic actions that seek to drive shareholder value and accelerate its operational performance. Focusing on current trading, Entain said that has […]
Business
September 25, 2023
The Star Entertainment Group to Raise $770,000 to Cover Existing Debts
The Star Entertainment Group, an Australian casino and hospitality company, continues to encounter financial trouble following its recent regulatory hurdles. Amid these difficulties, the company unveiled its plans to raise AUD 1.2 billion (around $770,000) to reinforce its business and deal with existing debts. As outlined in an ASX announcement, Star Entertainment will use a […]
Business
September 25, 2023
Loto-Quebec Posts Strong Revenue for Q1 of Fiscal 2023-2024
Loto-Quebec, the Canadian lottery and casino operator, released its latest financial results, outlining details regarding its performance for the first quarter of the fiscal year 2023-2024. In its latest report, the operator confirmed that it has seen total revenues of CA$711.2 million ($528.2 million), as well as a consolidated net income of CA$380.9 million ($282.9 […]
Business
September 22, 2023
GiG Selects Jonas Warrer for Acting Group CEO Role
The leading iGaming technology company delivering services and solutions to the iGaming vertical, Gaming Innovation Group (GiG), announced a new strategic senior-level appointment. On Friday, the company confirmed that its Board of Directors selected Jonas Warrer to serve as acting group CEO. GiG explained that the appointment is effective immediately. Taking on the role of […]
Business
September 21, 2023
Soft2bet Continues European Push with Italian Expansion
The business-to-business (B2B) casino and sportsbook platform provider, delivering reliable and seamless solutions and services to the online gambling sector, Soft2Bet, announced it continues its expansion across Europe. The company revealed Wednesday that it will expand into the Italian gambling market. This expansion, Soft2Bet confirms, is possible thanks to its recent acquisition of a Maltese […]