Gambling News - 'Business'
Business
April 15, 2024
Relax Gaming Appoints Martin Stålros as CEO
Relax Gaming, a leading iGaming supplier and aggregator, has designated Martin Stålros as its new chief executive officer. In this position, Stålros will replace the outgoing Simon Hammon who has served as CEO since 2022. The latter will remain on board until October to ensure a smooth transition of responsibilities. Stålros is no stranger to […]
Casino
April 12, 2024
Two Rolls Royce Cars Owned by IPI Sold for $333K
Two luxury Rolls Royce vehicles, part of the assets of Imperial Pacific International (IPI) LLC, the troubled Saipan casino operator, were up for sale via an auction that closed on April 11. The luxury cars were able to find new owners, after the company in charge of auctioning the assets, Clear Management Ltd, confirmed the […]
Casino
April 12, 2024
Swinomish Casino & Lodge in Anacortes Closed Due to Cyberattack
Swinomish Casino & Lodge, nestled in Anacortes on the Washington coast, has been forced to shutter its doors until further notice following a suspected cyberattack. The casino, owned and operated by the tribal community, announced this news on its website on Wednesday, leaving patrons and employees in limbo. Casino management has not shared details regarding […]
Business
April 11, 2024
BetMakers Technology Group Unveils Acquisition of RACELAB Assets
BetMakers Technology Group announced that it has acquired assets of RACELAB, a leading international supplier of enhanced racing wagering products and technologies. According to the report, the former company will pay a total of AUD 1.5 million ($980,000) in cash with a clawback of up to AUD 500,000 ($326,000) dependent on key customer novation within […]
Business
April 11, 2024
BlueBet Confirms Historic Merger with Betr
The merger between BlueBet and Betr is now a fact. After months of speculation and rumors, the former company confirmed the acquisition on the ASX. Under the agreement, Betr’s parent company, the Tripp Group, will receive a majority of shares in BlueBet. The merger will benefit both companies in different ways. BlueBet will be able […]
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 […]
Sports
April 11, 2024
UFC’s Merab Dvalishvili Partners with Aviator as Brand Ambassador
SPRIBE, the developer behind Aviator, the world-renowned crash game, has announced its latest brand ambassador: Merab ‘The Machine’ Dvalishvili, the top contender in the UFC bantamweight division. With a massive global fan base and a stellar career trajectory, Dvalishvili’s partnership with Aviator should elevate the game’s reach to new heights. Dvalishvili Brings a Lot to […]
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. […]