Business
October 31, 2023
IGT’s Q3 Revenue Stagnates, but the Company Remains Healthy
International Game Technology (IGT), the global gaming and lottery solutions provider, announced its third-quarter financial results, reporting revenue of $1.06 billion. This figure is consistent with the previous year and the preceding quarters, indicating steady fiscal performance. IGT leadership remains optimistic that the company can further leverage its leadership position and achieve lasting success. Negative […]
Business
October 27, 2023
Novibet Appoints Al Alevizakos as CFO
Novibet, a specialist in gambling technology and solutions, announced that it has appointed the experienced Al Alevizakos as its new chief financial officer. In his new position, the appointee will be responsible for the company’s finances, helping it maintain and bolster the profitability of its business. As highlighted by Novibet, Alevizakos boasts a proven track […]
Business
October 27, 2023
Betsson Publishes Interim Report, Posts Record-Breaking Q3 Results
Betsson Group has published its interim report for the period between July and September, highlighting new record numbers. The company’s metrics increased across the board as it channeled more active customers toward its products. As reported, Betsson’s group revenue for the period was EUR 237.6 million ($251 million), representing an increase of 19% and an […]
Business
October 26, 2023
QCI Onboards Alicia Hawkins as Gaming Business Intelligence Manager
Quick Custom Intelligence (QCI), a leading business intelligence solutions provider, has reinforced its team with the appointment of the experienced Alicia Hawkins as its new gaming business intelligence manager. Hawkins boasts 14 years in the gaming industry and will bring a wealth of experience to the team. She excels in driving business improvement through data-driven […]
Casino
October 26, 2023
Crockfords Casino Shuts Down after Almost Two Centuries in Business
Great Britain has parted ways with its oldest casino. The old property, unfortunately, had to close its doors, citing lack of custom as the reason. At almost two centuries old, the Crockfords casino boasted being the oldest one in the country. Originally founded in 1828 by William Crockford, a working-class fishmonger, the casino was, for […]
Business
October 26, 2023
Betting.online Domain Sold for $400,000 to Casino.online Group
The domain name betting.online went on sale and was purchased by the same group that previously secured casino.online. As announced, the domain registry operator Radix sold the domain for $400,000. The sale was facilitated by the secure payments specialist escrow.com and was conducted directly through the registry. The transaction is among the five highest domain […]
Business
October 25, 2023
GLPI Reportedly Mulls over Further Investment in Oakland A’s Vegas Stadium
Gaming and Leisure Properties (GLPI), a Wyoming-based real estate investment trust specializing in casino properties, might consider boosting its investment in a Las Vegas baseball stadium. The stadium in question will be on the site of Tropicana Las Vegas and has already secured $175 million from the company. This information comes from Mitch Germain, a […]
Business
October 24, 2023
Widerström Spends $1.16M to Double 888 Shareholding
Per Widerström, the new head of 888 Holdings, has purchased over a million company shares, drastically increasing his stake. The move highlights the new CEO’s confidence in the value of the company’s shares and his conviction that the shares will rebound. Widerström’s latest move saw him spend £949,000 (approximately $1.16 million) on a total of […]
Business
October 24, 2023
iTech Labs Parts Ways with Sreekumar, Names Rizaldi as New CEO
iTech Labs, a world-leading testing and certification laboratory for online gaming systems, announced that its founder, Kiren Sreekumar, has retired from his position as CEO and managing director. Sreekumar vacated his seat on October 11, in line with his planned retirement. Sreekumar founded iTech Labs in 2004 and, over almost two decades, cemented the company […]
Business
October 24, 2023
Light & Wonder Finalizes SciPlay Acquisition
Leading gambling products and services provider Light & Wonder has finalized the acquisition of SciPlay Corporation, a developer and publisher of digital games on mobile and web platforms. Announced earlier this year, the M&A deal was signed in early August. Under the deal, Light & Wonder acquired the remaining 17% equity interest in SciPlay for […]
