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Gambling News - 'Business'
Casino
January 20, 2023
Holland America Expands Ships Casino Space and Capacity
Holland America, an American-owned cruise line, announced an expansion of the casino space on some of its ships. The company plans to add more machines, enhancing the experience for its casino-loving passengers. Holland America Expands the Casinos aboard Its Ships As announced by the cruise line, the casinos aboard its Pinnacle and Signature Class ships […]
Business
January 19, 2023
Catena Media Posts Preliminary Q4 2022 Results
Catena Media published the preliminary results for its performance during the final quarter of the year. It added that the year-end report will be published on February 22 this year. Catena Media Expanded in NA As evidenced by the results, Catena Media is on the rise in North America, its primary market. Data shows that […]
Business
January 17, 2023
SKS365 Is among Italy’s Certified Top Employers
The Top Employers Institute recognized SKS365’s dedication to the well-being of its employees, including it in its ever-growing list of leading people-oriented companies. The operator received praise for its people-related practices and policies, successfully meeting the Institute’s updated list of requirements. SKS365 accepted the distinction with gratitude, pledging to maintain its focus on employees’ needs. […]
Business
January 13, 2023
888 Records Disappointing Q4 Results, CFO to Step Down
Leading global gambling company 888 Holdings saw a surprising decline in revenue in the fourth quarter despite a World Cup boost 888 explained the slight dip in revenue with the new online gambling regulations in the UK, regarding the quarter with optimism despite the disappointing metrics. The company’s retail segment performed well, recording a modest […]
Business
January 13, 2023
Lottomatica Considers Going Public, Sources Claim
Lottomatica, an Italian sports betting and casino operator, is allegedly considering a Milan initial public offering. As reported by Bloomberg, anonymous sources claim that the company’s IPO may raise as much as $1 billion. Lottomatica May Earn $1B Through Its IPO According to the reports, Lottomatica’s IPO may become a reality in 2023. Going public […]
Business
January 12, 2023
Entain Snatches BetCity from Sports Entertainment Media for $482M
The deal between the two parties was originally announced for an initial consideration of €300 million ($324 million) and a maximum deferred contingent consideration of €550 million ($594 million) in June 2022. Now, Entertain has presented the completion of all procedures for a final acquisition cost of €450 million ($484.2 million). The total cost, which […]
Business
January 12, 2023
DAZN Lost Billions in 2021, Postpones IPO Plans
DAZN, a leading sports streaming platform, announced that its initial public offering may become a reality within three years. This news comes in the wake of a report which outlined the company’s losses in 2021. DAZN Lost Billions in 2021 DAZN is a sports streaming company that hopes to become the next powerhouse in media […]
Industry
December 23, 2022
Five New Kindred Group Board Members Nominated
Kindred’s board of directors may soon expand as the company’s Nomination Committee just proposed five new members. The company’s board until the next annual general meeting will likely consist of a total of nine members without any deputy members. The Nomination Committee Proposed Five New Board Members The Nomination Committee proposed the re-election of four […]
Industry
December 23, 2022
AGA Talks about the Industry’s Performance in 2022
With 2023 just around the corner, the American Gaming Association (AGA) has shared some highlights of the industry’s performance in 2022. Despite the various setbacks, the industry managed to achieve another record year, just as predicted in Q1. The Industry Experienced a Second Record Year The AGA posted details about the performance of the gaming […]
Esports
December 21, 2022
Rivalry Sees Еsports Betting as Vital to the Success of Еsports
Rivalry’s key finding in its 2022 Rivarly Wrapped report was that the most important leverage factor and a sign of success for esports and sports, in general, is engagement. The report highlighted that when viewers have placed a bet on a certain event or tournament this increases their watch time and the extent to which […]