Gambling News - 'Business'
Business
February 5, 2024
Entain Presses on with Management Reshuffles as Peter Marcus Takes His Leave
Entain group operations director Peter Marcus will allegedly leave the company after an impressive eight-year stint. Marcus joined the multi-brand entity in September 2016 as the managing director for the group’s Casino Club brand and later ascended to his current position in June 2018. His departure, scheduled for the end of June 2024, will necessitate […]
Business
February 2, 2024
Crucial Compliance Confirms Restructuring of Product Range
Crucial Compliance is a leading provider of compliance solutions, powering the operations of gambling companies across the globe. The company leverages innovative proprietary technology and provides a wide range of compliance-related services. Ultimately, Crucial Compliance allows companies to scale up their operations while meeting compliance standards within different jurisdictions. Recently, the company confirmed an important […]
Business
February 1, 2024
Endeavor to Merge IMG ARENA into OpenBet
Global sports and entertainment company Endeavor announced its intention to merge its global sports betting and data businesses, OpenBet and IMG ARENA. According to the announcement, IMG Arena will be integrated under the OpenBet banner. As a part of OpenBet, IMG ARENA will continue to offer its sports data, integrity and fan engagement products. The […]
Business
February 1, 2024
Levy Brothers Leave Penn Entertainment Amidst Strategic Restructuring
In a strategic leadership transition, the founding family behind theScore will step down from their roles at PENN Interactive, a subsidiary of PENN Entertainment, Inc. The operator retains its focus on consolidating its offerings following the successful launches of ESPN Bet and theScore Bet and should be well-positioned to pursue further growth in 2024. The […]
Business
January 31, 2024
Digitain Launches AutoBet, Unveils Deal with REEVO
Digitain has made two important announcements, unveiling a deal with REEVO and the launch of AutoBet, a brand-new solution. AutoBet Revolutionizes Betting According to Digitain, AutoBet is an unparalleled betting feature that will change the entire sports betting industry. The provider explained that the new solution allows customers to be in control and define their […]
Business
January 31, 2024
WynnBET Plans to Exit Massachusetts, MGC Says
WynnBET, the online gambling venture of Wynn Resorts, seems to be preparing to exit Massachusetts’ gambling market, a recent announcement by the Massachusetts Gaming Commission (MGC) suggests. As the MGC prepares for tomorrow’s meeting, the authority published its agenda for the event. The second entry under the Legal and Sports Wagering Division section reads that […]
Business
January 31, 2024
PointsBet Posts Record-Breaking Q2 Results in Australia and Canada
PointsBet has published its Q2 report, posting record net win in both Australia and Canada. The company’s sports betting activities continued to underpin the results as both handle and net win increased. However, the biggest growth was recorded by PointsBet’s iGaming vertical. Taking a look at how PointsBet performed in Australia, the company posted a […]
Industry
January 30, 2024
Sportradar Says Alpha Odds Improved Clients’ Profits by 10%
Sportradar released a new update on the performance of its Alpha Odds tool, announcing that it has boosted clients’ profits by an average of 10% in 2023. For reference, Alpha Odds is an automated odds recalculation tool which allows gambling companies to generate bespoke betting prices that take their risk exposure and liabilities in mind. […]
Business
January 30, 2024
FairPlay Finalizes Quarter4 Acquisition, Bolstering Global Competitiveness
FairPlay Sports Media, the owner of Oddschecker, has completed its first acquisition under the newly established brand by acquiring Toronto-based deep-learning firm Quarter4. FairPlay gains cutting-edge sporting outcome prediction solutions, bolstering its current offerings and making its products more attractive globally. Both companies were excited about this development, highlighting their shared values. Quarter4 Offers Unique […]
Business
January 29, 2024
Swintt Acquires ELYSIUM Studios, Bolsters Game Production Pipeline
Swintt, a leading developer of online casino content, is set to acquire ELYSIUM Studios, an innovative developer of gambling games. The acquisition will strengthen Swintt’s pipeline and will reinforce its product offering. Following the acquisition of ELYSIUM Studios, Swintt will launch the studio’s games in multiple regulated markets, providing its operator partners and their players […]