Business
November 7, 2023
Better Collective Inks Definitive Deal to Acquire Playmaker Capital
Better Collective has signed a definitive agreement to acquire Playmaker Capital, a leading digital sports media group. Announced earlier this year, the agreement will consolidate the former company’s presence in the Americas and help it become an undisputed leader in the South American market. The definitive deal will see Better Collective acquire the fellow sports […]
Business
November 6, 2023
FDJ Completes PLI Acquisition, Expands International Presence
La Française des Jeux (FDJ) has completed its acquisition of Premier Lotteries Ireland (PLI). Valued at over $400 million, the deal will expand FDJ’s presence in Europe and turn it into a major international company. The deal was originally announced this summer when FDJ unveiled its plans to acquire PLI’s entire share capital. PLI is […]
Legal
November 6, 2023
Netherlands Court Orders Unibet and Another Online Casino to Refund Gamblers
The court’s decision stems from a change in Dutch gambling laws in October 2021, legalizing online gambling, which has prompted individuals who lost substantial amounts of money before this date to pursue legal action, claiming their losses were unlawful. Unibet has expressed its intention to object to the ruling, opening the case for reexamination at […]
Casino
November 6, 2023
Star Entertainment Completes Sale of Grand Mirage Resort Gold Coast
Star Entertainment Group has completed the sale of its Sheraton Grand Mirage Resort Gold Coast property. Announced earlier this year, the sale saw the Australian casino and hospitality giant sell the property for AUD 192 million (roughly $128 million at the time of the announcement). The sale of the property came amid regulatory headwinds that […]
Business
November 6, 2023
Bally’s Reports Strong Q3 Performance amid Regulatory Challenges
Bally’s Corporation’s third-quarter trading report revealed consistent growth across most metrics, reflecting its successful efforts to adapt to rising industry challenges. The United Kingdom is emerging as an increasingly significant market for the renowned US gambling group despite the country’s ongoing regulatory changes. Such successful financial results should set the stage for further growth in […]
Business
November 6, 2023
Pernille Holbøll Returns to Better Collective as Senior Director of AI Editorial Content
Pernille Holbøll, Better Collective’s former group branding and media senior director, has returned to the company in a newly created position. The experienced appointee joins the leading digital sports media group as senior director of AI editorial content & editorial innovation. Holbøll’s first time as a member of the company was in 2022 when she […]
Business
November 6, 2023
Konami Posts H1 FY2024 Results, Reports Increase in Gaming & Systems Segment
Entertainment powerhouse Konami Group has posted its results for the first half of the fiscal year. The company reported its results for the six-month period ended September 30, marking a sharp increase in its Amusement and Gaming & Systems segments. The company’s overall revenue increased by 3.7% year-on-year to JPT 153.9 billion (roughly $1.02 billion). […]
Business
November 3, 2023
DraftKings’ Q3 Results and Improved Guidance Highlight the Success of Its Strategy
DraftKings has published its Q3 2023 results, updating its guidance thanks to its strong performance. The American betting company posted revenue of $790 million for the period – a figure that represents a staggering 57% year-on-year increase from the $502 million recorded in 2022. In the wake of this strong figure, DraftKings raised its FY […]
Business
November 1, 2023
Kambi Publishes Q3 Report, Highlights Importance of Recent Deals
Kambi Group has published its report for the third quarter of 2023, highlighting its financial results and its recent achievements. In addition to recording higher metrics across the board, Kambi scored “landmark signings” with Svenska Spel and LiveScore Group. In Q3, Kambi recorded revenue of €42.1 million ($44.4 million), exceeding Q3 2022’s result of €36.7 […]
Business
October 31, 2023
Entain Names Amanda Brown as Independent NED
Global gaming and sports betting leader Entain has reinforced its board with the appointment of Amanda Brown as an independent non-executive director (NED). The experienced appointee has years of experience in corporate leadership roles and is a valuable addition to the team. Brown will officially join the team on November 8, also becoming a member […]
