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Business News and Headlines
Business
May 31, 2024
Kaizen Enhances Leadership with Two Major Appointments
Kaizen Gaming, a leading global GameTech operator, has unveiled a major leadership addition. According to the company, Aris Dimarakis, its chief operating officer, will now also undertake the role of deputy chief executive officer. According to Kaizen Gaming, Dimarakis will step into the office on June 1, 2024. As the company’s chief operating officer, Dimarakis […]

Business
May 30, 2024
Sportradar Adds Audio and DOOH Advertising to Its Offering
Sportradar has enhanced its ad:s programmatic advertising solution with audio channels and has expanded its reach across digital-out-of-home (DOOH) advertising screens. Thanks to that, its partnering sports betting operators will be able to connect with customers via relevant ads across two of the fastest-growing media channels. By adding audio channels to ad:s, Sportradar effectively allows […]

Business
May 30, 2024
Catena Media Names Jasleen Kals as VP Product amid Transformative Changes
The online marketing company that powers the betting and iGaming sectors, Catena Media, announced it strengthened its senior-level team with a new addition. The company confirmed Wednesday it hired the services of the proven product leader with extensive experience, Jasleen Kals. Joining the C-suite at Catena, she was appointed to the role of VP product. […]

Business
May 29, 2024
Analyst Keeps Positive Outlook on FanDuel Parent Company Flutter
A wide range of factors can impact the performance of gaming and betting operators, especially across the United States. While increased promotional spending may boost the operators’ expenses, much-anticipated sports events can increase revenue and enable betting operators to engage with new customers. Earlier this month, Flutter Entertainment, the leading betting and iGaming operator with […]

Business
May 28, 2024
Swedish Court of Appeal Lowers Sanction against Kindred from 2020
One of the largest iGaming operators across the globe, Kindred Group, secured a partial win in an ongoing dispute in Sweden over a sanction it received several years ago. On Monday, the Group confirmed the Administrative Court of Appeal in Jönköping reduced the penalty imposed against the company in 2020, which was SEK 100 million […]

Business
May 27, 2024
Angelo Alberoni Takes Technical Director Role at IBJR
In March last year, nine recognizable gambling operators founded the Brazilian Institute of Responsible Gaming (IBJR). The foundation came at a time when the Latin American country already started to explore options for the legalization of online gambling and sports betting. This process is currently ongoing and Brazilian bettors may be able to place their […]

Business
May 24, 2024
Kindred Announces Major Shifts in Shareholding
Kindred Group, one of the world’s leading iGaming operators with business across several continents, has announced changes in the stakes held by two of its most prominent shareholders. In three consecutive updates, the company announced that The Goldman Sachs Group and JPMorgan Chase & Co have modified their respective shares in the company. Both companies […]

Business
May 24, 2024
Evolution Unveils Plans for $75M Live Casino Studio in New Jersey
Live casino specialist Evolution has submitted plans for a $75 million live dealer casino studio in Atlantic City. The new building will be responsible for the company’s iGaming operations in the state. The new studio would complement the company’s portfolio of live dealer studios, which includes a venue based in Hard Rock’s Ocean Casino Resort […]

Business
May 24, 2024
BetMGM Becomes Official Sports Odds Provider for the Associated Press
Leading sports betting company BetMGM is now the official sports odds provider for The Associated Press (AP), announced by both organizations on Thursday. This partnership will see AP utilizing BetMGM’s odds and lines across various formats while maintaining complete editorial control over its content. Both companies expressed excitement over this mutually beneficial collaboration, which should […]

Business
May 24, 2024
Fitch Predicts Growth for Ras Al Khaimah with Wynn’s UAE Resort
Earlier this month, Wynn Resorts, the leading casino and hospitality operator, released new concept art of its much-anticipated luxury resorts in Ras Al Khaimah, United Arab Emirates (UAE), Wynn Al Marjan Island. The massive project is the result of collaboration between the company and local partners, RAK Hospitality Holding and Al Marjan Island. The upcoming […]
