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Business
April 29, 2024
Controversy Erupts as 888.com Pulls London Ads Amid Backlash
888.com, an online casino company, has announced its decision to pull back advertisements from various locations across London, including the city’s transport network. This move comes in the wake of mounting criticism regarding the tone of their adverts, which has sparked a debate over the approval process for such promotions. TfL Under Fire as 888.com […]
Business
April 26, 2024
Former GiG CFO Justin Psaila Joins White Hat Gaming
White Hat Gaming, a leading B2B provider in the iGaming industry, has announced the appointment of Justin Psaila as its new chief financial officer (CFO). Psaila brings nearly a decade of experience from his tenure at Gaming Innovation Group (GiG), where he served as CFO since July 2015. He should provide valuable input and help […]
Business
April 26, 2024
Boyd Gaming Reports Increase in Online Revenue despite Overall Dip in Q1
The leading gaming and hospitality company, Boyd Gaming, announced its latest unaudited financial report uncovering details regarding its performance for the first quarter of 2024. The report first emerged on Thursday, uncovering strong results despite some challenges encountered in the first quarter. For the first quarter of this year, Boyd Gaming reported $960.5 million in […]
Business
April 26, 2024
Aristocrat Completes Its $1.2B Acquisition of Neo Group
On May 15, 2023, Aristocrat Leisure Limited, an Australian gambling machine manufacturer, announced its intention to acquire Neo Group in a historic deal. Almost a year later, the latter group, formerly known as NeoGames SA, announced that the transaction had been completed. The announcement comes a week after Aristocrat successfully navigated through the regulatory labyrinth, […]
Business
April 26, 2024
Betsson Starts 2024 with Stellar First Quarter Results
The leading online gambling company with a strong presence across the globe, Betsson AB, released its interim results for the first quarter of 2024. On Friday, the company disclosed financial details regarding the three-month period between January and March this year, highlighting a number of important achievements, an increase in revenue and growth in the […]
Business
April 25, 2024
Sportradar Chooses Craig Felenstein as the New CFO
The 2011-founded global sports technology company that creates immersive experiences for sports fans and bettors, Sportradar Group, has appointed Craig Felenstein as its new chief financial officer. Felenstein, who previously embraced the same role with the global leader in expedition cruises and adventure travel, Lindblad Expeditions, will start to exercise his duties effective June 1. […]
Business
April 25, 2024
Einhorn’s Greenlight Capital Takes Mid-Sized Stake in PENN Entertainment
PENN Entertainment’s shares went up 2.41% today on volume that was 55.7% over the regular daily average as a result of David Einhorn disclosing that Greenlight Capital took a “medium-sized” stake in the casino operator in Q1. This way, Greenlight joins the list of popular hedge funds that have recently taken stakes in PENN Entertainment, […]
Business
April 25, 2024
Gambling.com’s Novel Media Strategy Pays Off
While most US sports media companies have pivoted to collaborations with leading operators, performance marketing firm Gambling.com Group has pursued a distinctive approach. In recent years, Gambling.com has forged partnerships with newspaper giants Gannett and McClatchy. These collaborations entail Gambling.com assuming responsibility for a significant portion of the newspapers’ digital sports betting coverage. Newspapers Still […]
Business
April 25, 2024
Churchill Downs Enjoys Exceptional 2024 Start with Strong Q1 Results
The parent company of Churchill Downs, Churchill Downs Incorporated (CDI), released its latest financial update. On Wednesday, the company disclosed insights regarding its performance for the first quarter of 2024 or the quarter that ended March 31, 2024. In its latest trading update, CDI highlighted strong growth in terms of adjusted EBITDA and net revenue. […]
Business
April 25, 2024
SKS365 CEO Departs in the Aftermath of Lottomatica’s Takeover
Lottomatica has completed its acquisition of SKS365, the latter company announced. According to the announcement the SKS365 full ownership has now been transferred to Lottomatica, marking a new chapter for both companies. The agreement was completed through GBO, an indirectly wholly owned subsidiary of Lottomatica, which acquired SKS365 Malta Holdings Limited’s entire share capital. According […]
