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Business
April 11, 2024
Sportingtech Taps GAN HR Expert as Chief People Officer
Sportingtech has reinforced its team with the addition of a new chief people officer. The one up to the task is Claire Bailiss, an experienced individual who has formerly worked for the American iGaming platform GAN. As the new chief people officer of the full-service betting and gaming platform provider, Bailiss will be tasked with […]
Business
April 11, 2024
Inspired Entertainment Delays NASDAQ Form 10-K Filing
Inspired Entertainment, Inc. (NASDAQ: INSE), a prominent provider of gaming content, technology, hardware, and services, recently announced that it received a notification from Nasdaq’s Listing Qualifications Department. The letter indicated that the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Form 10-K for FY 2023. A […]
Business
April 10, 2024
FanDuel Promotes Andrew Gradwell to SVP of Product
FanDuel has reinforced its senior leadership team with a new internal promotion, naming the experienced Andrew Gradwell as its new senior vice president of product. In this position, he will be tasked with leveraging his expertise to oversee the company’s products. Gradwell is no stranger to FanDuel. He joined the company back in December 2020, […]
Business
April 10, 2024
MGM Completes Issue of $750M in Senior Secured Notes
Global gaming and entertainment company MGM Resorts International said that it has issued $750 million in senior secured notes, in accordance with an earlier announcement. The offering has a rate of 6.500% and is due in 2032. The extra capital, according to MGM Resorts’ announcement, will be used to repay outstanding debts and new investments. […]
Business
April 10, 2024
BlueBet Shares Surge as Merger with Betr Approaches
BlueBet’s shares experienced a sharp increase ahead of the betting company’s merger with Betr. According to a report by the Australian Financial Review, a local news outlet, the deal should be closed soon. Following the report, BlueBet’s share price spiked to AUD 0.33, vastly increasing the firm’s market cap. The shares proceeded to fall back […]
Business
April 9, 2024
Churchill Downs Finalizes Sale of United Tote Stake to NYRA
A few years ago, Churchill Downs Incorporated (CDI), the parent company of Churchill Downs, announced its intention to divest its stake in United Tote, a provider of totalizator equipment and services for parimutuel wagering at racetracks. CDI initially acquired the stake in United Tote back in 2010 as a part of an acquisition of Youbet.com. […]
Business
April 9, 2024
Super Group Appoints Ex-Kindred Exec as CMO
In March, the NYSE-listed global gaming company offering first-class entertainment to the betting and gaming industry, Super Group, reported the best fourth-quarter results in history for 2023. Now, the holding company has announced that Kindred Group’s former executive, Elen Barber, has been appointed as its new chief marketing officer. “Truly Excited to Join the Executive […]
Business
April 9, 2024
CMA: Spreadex and Sporting Index’s Merger May Have Created a Monopoly
The United Kingdom’s Competitions and Markets Authority (CMA) believes that the recent merger between Spreadex and the Sporting Index’s B2C business might have resulted in a substantial lessening of competition. The decision was published on April 4, providing the two parties with five working days to address the matter or have the transaction referred for […]
Business
April 9, 2024
Flutter Names Cheryl Bosi as Chief People Officer for UK & Ireland
Global sports betting, gaming and entertainment provider Flutter Entertainment has made a new appointment to its C-suite, naming the experienced Cheryl Bosi as its new chief people officer for the United Kingdom and Ireland. In her new position, Bosi will leverage years of corporate and HR experience to support the company’s team. Her impressive track […]
Business
April 9, 2024
888 Shifts Its Strategic Focus to Canada
As 888 Holdings embarks on a strategic reset, Canada emerges as a focal point for the company’s expansion plans. The operator previously noted it would be assessing options to exit or sell its direct-to-consumer operations based in the US, as its current structure could not optimize returns. However, Canada represents an exciting opportunity as 888 […]
