Business
February 7, 2024
Light & Wonder Unveils Strategic Investment in Flows
Light & Wonder has unveiled a strategic investment in Flows, a revolutionary no-code automation platform. The deal will empower Flows, allowing it to scale up its operations and conquer new markets. Light & Wonder is no stranger to Flows’ impressive no-code automation platform and recognizes its potential to benefit the industry. The former company has […]
Business
February 7, 2024
LeoVegas Designates Ben Ingham as UK Country Manager
LeoVegas Group, a leading international iGaming company committed to creating best-in-class iGaming experiences, has reinforced its team with a new industry heavyweight. The one to join the company is the skilled Ben Ingham who boasts years of experience in the sector. As announced by Ingham himself, he will be joining the online gambling powerhouse as […]
Business
February 7, 2024
Kindred Names Nils Andén as Permanent CEO
Kindred Group, one of the world’s leading online gambling operators, announced that its board of directors has decided to appoint Nils Andén as the company’s permanent chief executive officer. For reference, the appointee has been serving as interim CEO for almost a year. Andén was named interim CEO back in May 2023 following Henrik Tjärnström’s […]
Business
February 6, 2024
Better Collective Finalizes Acquisition of Playmaker Capital
Better Collective announced that it has completed the acquisition of Playmaker Capital, a Toronto-based digital sports media group. This is notably Better Collective’s second-largest acquisition to date. The deal saw Better Collective acquire all of Playmaker Capital’s issued shares for a consideration of CAD 0.70 per share. Better Collective covered this deal both in cash […]
Industry
February 6, 2024
Maryland’s Casino Revenue Declined in January
Maryland’s six casinos have posted total revenue of $153.2 million for January 2024. This figure represents an 8.4% year-on-year decrease and led to lower contributions to the state. For reference, the best-performing casino was MGM National Harbor, a property with over 2,000 slots and more than 200 gaming tables. The MGM property posted revenue of […]
Business
February 6, 2024
Nasdaq Approves Inspired’s Plan to Regain Its Compliance
Inspired Entertainment, a leading B2B provider of gaming content, technology, hardware and services, has secured approval for its compliance plan from the Nasdaq Stock Market. The plan is for the company to file a Form 10-Q for the quarter ended September 30, 2023, by February 28, 2024, at the latest. In addition to filing the […]
Business
February 6, 2024
Rivalry Eyes Strategic Expansion Following In-House Online Casino Success
Rivalry’s newest press release highlighted its ambition to redefine the future of online betting for the digitally native generation. Exiting 2023 as a transformed entity, the company has ventured into new verticals, broadening its scope. These efforts can lead to new B2B licensing opportunities, delivering lasting value and enabling further growth. Success across Multiple Verticals […]
Business
February 6, 2024
Evolution to Acquire Livespins in a $5.4M Deal
A few days after posting an impressive 2023 financial report, Evolution has unveiled a major acquisition deal. As announced, the leading B2B casino solution provider will acquire the socially charged product Livespins in a EUR 5 million (approximately $5.4 million) deal. Livespins, for reference, is an innovative product that allows players to bet behind their […]
Business
February 5, 2024
Allwyn Secures 70% Stake in Instant Win Gaming
Lottery leader Allwyn announced that it has teamed up with Instant Win Gaming (IWG), a leading supplier of digital e-Instant and instant win games. According to the announcement, Allwyn has joined forces with IWG’s co-founders, Rhydian Fisher and Simon Bucknall, and will work with them to unlock new opportunities to innovate the instant win games […]
Industry
February 5, 2024
Negotiations Spare Las Vegas Two Strikes
Las Vegas businesses have successfully negotiated with the disgruntled hospitality workers and bus drivers, preventing two strikes that would have jeopardized preparations for the Super Bowl. This will provide some breathing space to the city’s businesses ahead of the highly-anticipated event. The Culinary Union was negotiating with multiple casinos and had threatened to strike on […]
