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Gambling News - 'Business'
Business
July 20, 2023
Betsson Releases Q2 Report, Posts Favorable Results
Betsson has published its interim report for the second quarter of the year, highlighting its performance during the period. The company’s metrics increased, attesting to the success of its activities. In Q2, Betsson reported group revenue of $264.8 million (converted to USD). This represents an increase of 27% and an organic increase of 43%. The […]
Business
July 19, 2023
Allwyn UK Names New CEO as Chvátal Returns to Usual Duties
Allwyn’s UK business will be led by a new CEO, as announced by the company. The company’s interim UK CEO Robert Chvátal will step down from his position to return to his usual duties as CEO of the group. Chvátal will be succeeded by the experienced Andria Vidler who will assume office on October 1. […]
Industry
July 19, 2023
Scientific Games Extends Warner Bros. Licensing Deal
The leading supplier of lottery products, technology, and services to worldwide lottery programs backed by governments, Scientific Games, has announced an exclusive, multi-year expansion of its licensing agreement for lottery games with the renowned Warner Bros. Discovery Global Themed Entertainment. A week ago, Light & Wonder announced a similar extension of its partnership for online […]
Business
July 18, 2023
BMM Testlabs Welcomes Its New VP of Business Development
Leading gaming testing and certification company BMM Testlabs announced a new high-profile appointment as Mike Van Ermen becomes VP of Business Development at its Las Vegas headquarters. He will utilize his extensive experience and deep gaming industry knowledge to bolster North American growth and generate enduring success. The New VP Boasts In-Depth Industry Knowledge Van […]
Business
July 18, 2023
Glitnor Migrates to a New HQ in Tigné Point
Glitnor Group, a rapidly-growing gambling operator, unveiled its plans to migrate its head office to a new location in Malta. The European gambling company’s new headquarters will be located in Tigné Point, one of the most sought-after locations in the island nation. The relocation will see Glitnor Group, the company behind the gambling supplier Swintt […]
Business
July 17, 2023
Catena Media Unveils $5.4M Share Buyback Program
Catena Media, a global leader in generating high-value leads for operators of online casino and sports betting platforms, has unveiled a new SEK 55 million ($5.36 million, current conversion rates) share buyback program. The buyback was approved by the company’s board of directors during the extraordinary general meeting on July 12 and following an initial […]
Industry
July 12, 2023
Gambling.com Group and the Independent Enter Landmark Partnership
This groundbreaking partnership leverages Gambling.com’s global affiliate network and The Independent’s leading presence in the UK to redefine the landscape of gambling-related content and provide readers with comprehensive and reliable information on the world of online gaming. The deal takes advantage of the booming UK gambling market, catering to the country’s wagering audience. UK Gamblers […]
Business
July 11, 2023
Barstool Closes Its Services for 72 Hours as It Migrates to an In-House Platform
Customers received notices of the planned downtime on 7 July, warning them that the process could take several days. Switching from Kambi to a proprietary platform has significant implications for the operator, hopefully helping offset its recent troubles across the USA. The move should also benefit customers, providing a more responsive and reliable experience. Users […]
Business
July 10, 2023
Codere Designates Gonzaga Higuero as CEO
Codere Group/Grupo Codere, a Spain-headquartered gambling operator, has updated its leadership team with a new chief executive officer. The one up to the task is the experienced Gonzaga Higuero who will now be responsible for leading the organization and driving growth. In his new position, Higuero will enact the operator’s expansion strategy in many key […]
Business
July 7, 2023
Star Entertainment Onboards Peter Hodgson, Taking a Decisive Step toward Compliance
Despite remaining one of Australia’s leading operators, Star remains in a precarious position. Ongoing controversies, falling stock prices, and regulatory pressures have urged the company to take urgent measures or face further damage to its business. Hodgson’s appointment marks the end of Star’s board renewal program, hopefully providing sufficient breathing room to focus on stabilizing […]