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 […]
Business
February 5, 2024
Stake.com Taps into Enteractive’s Reactivation Solutions
Online casino powerhouse Stake.com has formed a partnership with Enteractive, a leader in player conversion and reactivation. Under the agreement, the latter party will support Stake’s existing CRM services with bespoke reactivation campaigns. The online gambling operator seeks to win back players and optimize its revenue. To that end, Enteractive’s campaigns will focus on the […]
Business
February 5, 2024
Kindred: Only 3.1% of the Q4 Revenue Came from Harmful Gambling
Kindred Group has released another update on its Journey towards Zero, an initiative that has seen the company minimize the funds it takes from problem players. According to Kindred, only 3.1% of its revenue in Q4 2023 came from harmful gambling. This is an improvement from Q3 when the company took 3.3% of its revenue […]
Business
February 5, 2024
Klas Winberg Joins Videoslots as CCO
Videoslots has welcomed Klas Winberg as its new chief commercial officer. Described as a “visionary leader with two decades of iGaming excellence,” Winberg will now be tasked with driving success for the online casino company. According to Videoslots, the new appointee is a performance-driven professional with a long history of success in iGaming. Prior to […]
Business
February 5, 2024
Alea Names Jordi Sendra and Ramon Glieneke as CEO and COO
Alea, a live data-driven casino game aggregator, has welcomed Jordi Sendra as its new chief executive. The new appointment follows incumbent CEO Alex Tomic’s decision to step down. This marks a major shift for the firm as Tomic has been at the helm ever since Alea was founded in 2012. The current chief will step […]
