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Business
March 4, 2024
Fanatics Launches Sportsbook in New York, as Planned
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in New York, in line with its ambition to grow its US presence. The lucrative New York market has been something the company has been eyeing for a while and a chief reason for its acquisition of PointsBet’s US assets. The Fanatics Sportsbook will now replace […]
Business
March 1, 2024
Evolution Europe CCO Sjöberg Stepping Down After Garden Leave
Evolution Europe’s chief commercial officer, Björn Sjöberg, has ended his garden leave that extended over a period of six months, announcing he will step down from his current position in the next two weeks. “Time Flies When You Work Hard!” Sjöberg took it to his LinkedIn account to make the announcement. He started his statement […]
Business
March 1, 2024
Codere Online Enjoys Exceptional Q4 and 2023 Results
The leading online gambling operator with a presence in Latin America and Spain, Codere Online, released its latest unaudited financial results, uncovering details regarding its performance for the fourth quarter and full year 2023. On Thursday, the company confirmed that for the quarter ended December 31, 2023, its reported revenues of €50.1 million ($54.2 million). […]
Business
March 1, 2024
IGT and Everi Embark on Transformative Merger
International Game Technology PLC (IGT) and Everi Holdings Inc. have entered into definitive agreements that will separate IGT’s Global Gaming and PlayDigital businesses. Following the spin-off, these entities will combine with Everi to create a dynamic global gaming and fintech enterprise. The transaction, valued at approximately $6.2 billion, is set to reshape the landscape of […]
Business
February 29, 2024
Melco Resorts’ Shares Named among Morningstar’s Top 10 under $10
Melco Resorts & Entertainment, led by CEO Lawrence Ho, has earned a spot on Morningstar’s recently unveiled list of the ten best stocks trading under $10. Despite a challenging year that saw the stock price tumble by 33.3%, resulting in Ho dropping off Forbes’ list of Hong Kong’s wealthiest, Melco’s shares currently trade at around […]
Business
February 29, 2024
Ex-Crown Boss James Packer Happy to Leave Stress of Job Behind Him
Packer gave his account of the past few years, speaking for the first time to a media outlet for at least several years, and since increasing scrutiny started into the business he is no longer a part of it. In an exclusive interview for The Nightly, Packer appeared relaxed, and drew some personal and professional […]
Business
February 29, 2024
Bloomberry Resorts Reportedly Explores Jeju Casino Sale Options
Bloomberry Resorts Corp, the leading integrated resorts operator in the Philippines, may be looking to offload its South Korean casino asset, Jeju Sun, a new report suggests. The potential divestment comes less than a decade after the company attempted to sell its resort back in 2016. At the time, the sale of Jeju Casino did […]
Business
February 29, 2024
Aristocrat Taps Company Veteran Matthew Primmer as CPO
Aristocrat Leisure Ltd has appointed Matthew Primmer as the company’s new Chief Product Officer. A well-seasoned industry veteran, Primmer will work with and report directly to Aristocrat CEO & managing director Trevor Croker. Aristocrat Trusts Its Senior People to Guide the Company Primmer’s appointment will see him help boost product strategy, develop new avenues for […]
Business
February 29, 2024
Lottomatica Boasts Strong FY 2023 Results with €1.6B
Lottomatica, a company that operates in the regulated gambling market in Italy and is de facto the first legal entity to have been authorized to provide its products locally, has boasted strong financial tailwinds, with the company generating €1.6 billion revenue in the 12 months ending on December 31, 2023. Financial Tailwinds Carry Lottomatica into […]
Business
February 29, 2024
Regulator Smacks Elon Musk’s Vegas Loop with $112K over Safety Violations
Yet, the Vegas Loop has now faced pressure from the Nevada Occupational Safety and Health Administration, which has issued a $112,000 fine to the company for serious safety violations linked to the well-being of on-site workers and having “a substantial probability that death or serious physical harm could occur.” OSHA Highlights Serious Shortcomings This is […]
