Industry News and Headlines
Industry
September 30, 2022
PayNearMe Reported Significant Progress over the Past 18 Months
Payments platform operator PayNearMe released a report on its progress for the past 18 months to June 30, 2022, outlining its business growth, expanded platform and talent. Company Growth Fintech firm PayNearMe reported significant increases in transaction counts as the number of merchants adopting the company’s platform increased by 20% over the past year-and-a-half. Hailing […]
Industry
September 29, 2022
PrizePicks Appoints Hackney as COO, Adds Singh and Perrault
Daily fantasy sports (DFS) operator PrizePicks announced three strategic hires, Chris Hackney as Chief Operating Officer (COO), Chip Singh as Executive Creative Director, and Amy Perrault as Senior Vice President of Human Operations ahead of a busy fall. Support Growth Expectations As PrizePicks registered real money entry from over 200,000 unique members during the first […]
Industry
September 29, 2022
GKJC Launches Jockey Club Long COVID Rehabilitation Program
After expanding its board of stewards with new deputy chairman Eric Cheung and new chairman Michael Lee at the beginning of the month and announcing an impressive turnover of HKD 140 billion ($17.8 billion) for 2021-2022 in mid-July in spite of COVID restrictions, the Hong Kong Jockey Club (HKJC) has fresh news. The club has […]
Industry
September 29, 2022
FanDuel Ushers in UK Collaboration Hub in Edinburgh
Flutter Entertainment’s leading US-based business FanDuel has officially launched its pioneer UK Collaboration Hub in Scotland’s tech capital, Edinburgh. The hub will reunite cross-discipline projects, generate innovation, and bring FanDuel, Flutter UK and Ireland, and International division colleagues under the same rooftop. 250 Brand New Jobs Underway The UK Collaboration Hub will generate 250 fresh […]
Industry
September 29, 2022
Spillemyndigheden’s 2012 Gambling Liberalization Achieves Healthy Market
Spillemyndigheden, the Danish Gambling Authority (DGA), is celebrating 10 years since the Danish gambling market was liberalized with impressive results. Danes have been able to gamble online since January 1, 2012, and, currently, 90% are choosing operators licensed in Denmark. 10 Years Have Passed Since a Major Gambling Market Liberalization in Denmark 10 years ago, […]
Industry
September 29, 2022
British Charities Release Gambling Education Framework
Three UK charities have banded together to launch a new Gambling Education Framework. Their main objective is to teach the youth about the dangers of gambling harm and how to avoid becoming problem gamblers. The Framework Helps Educators Protect the Youth The three charities in question are GamCare, YGAM and Fast Forward. Each of the […]
Industry
September 29, 2022
LeoVegas Unveils New Three-Member Board
At the beginning of September, LeoVegas’ shareholders agreed to the acquisition offer put forward by MGM Resorts International. As a result, the online gambling operator is now preparing for the transition. As a part of the process, LeoVegas elected a new board. LeoVegas Unveils New Board LeoVegas’ new board of directors will have three members, […]
Industry
September 29, 2022
GBP Collapsed to All-Time Low amid Broader USD Strength
Financial markets like consistency and when institutions in a country do not operate on the same wavelength and send mixed signals, they react chaotically and it is the currency of the country that falls victim, confirmed by recent developments around the British pound. The Pound Collapse The GBP fell to an all-time low of 1.0327 […]
Industry
September 29, 2022
GAN and Island View Casino in Mississippi Debut GAN Sports
Provider of gambling software and technology GAN announced it has launched GAN Sports in partnership with Island View Casino in Gulfport, Mississippi, to increase B2B sports betting revenue streams. Expand B2B Sports Betting Revenue Streams The launch of GAN Sports on September 27, 2022, marked the debut of the company’s new sportsbook technology platform that […]
Industry
September 28, 2022
YouGov Posts Q2 Report on US Gambling
British international Internet-based market research and data analytics firm YouGov has posted a quarterly report about the state of the US gambling market. According to YouGov, the industry is facing one of its biggest threats yet in the face of the rising costs of living which may affect casinos in the country. YouGov Analyzed the […]