Gambling News - 'Business'
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 […]
Business
January 23, 2024
Sportingtech Appoints New CEO to Spearhead 2024 Expansion
Betting and gaming platform provider Sportingtech has named Tom Ustunel its new chief executive officer, entrusting him with spearheading the company’s further expansion in 2024. Ustunel, who has been with Sportingtech for the last two years, supporting strategic initiatives and familiarizing himself with the brand’s award-winning products, brings a wealth of experience from leadership roles […]
Business
January 22, 2024
Continent 8 Names Ex-Google Executive Phillips as VP of Network
Continent 8 Technologies announced that it has welcomed the experienced Dave Phillips as its new vice president of network. The new appointee will leverage his experience to reinforce the products and services the company provides to the iGaming industry. Phillips joins the Continent 8 Technologies amid the company’s rapid global expansion. As someone with years […]
Business
January 22, 2024
EveryMatrix Welcomes Bobby Longhurst as Group CCO
Leading B2B technology provider EveryMatrix has announced the appointment of Bobby Longhurst as its new Group chief commercial officer (CCO). Longhurst brings a wealth of experience to the role and replaces Stian Hornsletten, who will move to the position of chief executive officer of the Games division at the start of next month. EveryMatrix Continues […]
Industry
January 19, 2024
Oregon Posts Record-Breaking December Results
As sports betting continues to grow across the United States, more and more players across many states become involved in the hobby. This is strongly reflected in the increasing financial results posted by regulators across multiple jurisdictions. Oregon, for example, smashed its sports betting handle once again, posting a new all-time high figure. For reference, […]
Business
January 19, 2024
Social Betting Specialist Dabble Seeks US Expansion
Dabble, a fresh Australian social betting platform, is already eyeing expansion in the USA. This announcement follows its recent foray into the region. For reference, Dabble was founded in 2020 and offers a variety of socially-charged betting experiences to its fans. Its clients can follow other users, chat with friends and other bettors, comment on […]
Business
January 19, 2024
OnAir Entertainment Launches Investigation into Corporate Espionage Allegations
Several days ago, live casino specialist OnAir Entertainment was accused of corporate espionage. The company is now seeking to combat these allegations and prove them wrong. For reference, the allegations stem from Ivans Ivanovs, the company’s former senior product owner. Ivanovs accused OnAir’s game portfolio lead, Igors Veliks, of maintaining user access to Playtech’s internal […]
Business
January 19, 2024
Caesars Entertainment Preliminary Q4 Results Fail to Meet Expectations
Caesars Entertainment (NASDAQ: CZR) provided a preliminary view of its fourth-quarter results in a Form 8-K filing with the Securities and Exchange Commission (SEC), indicating that the company might miss analysts’ EBITDA and sales projections. Likely expecting this development, the company recently announced a new tender offer, hoping to solidify its financial position. Most Metrics […]
Business
January 17, 2024
Flutter Completes Majority Acquisition Deal with MaxBet
Gambling giant Flutter Entertainment announced that it has completed its majority acquisition of MaxBet, a Serbian gambling operator. The move was officially announced in September 2023, with Flutter agreeing to pay €141 million (roughly $153 million, current rates) to acquire a majority stake in the Balkans-oriented company. The deal has now been closed, putting Flutter […]
Business
January 17, 2024
GLI Names Ginnie Hollis and Samantha Powell as VPs of Engineering
Gaming Laboratories International (GLI), a provider of high-quality testing services to the gambling industry, announced two important promotions. As reported by the company, the experienced Ginnie Hollis and Samantha Powell have been promoted to vice president positions, reinforcing the company’s global leadership team. Ginnie Hollis, GLI said, is based in GLI’s office in Colorado, USA, […]