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Gambling News - 'Business'
Business
January 17, 2025
Compliance Specialist Letzz Secures Investment from Ex-Kindred CEO
Letzz, a startup compliance specialist, has unveiled a major investment from a former Kindred executive. The former firm, which seeks to leverage artificial intelligence to “eliminate tedious tasks and transform compliance into a growth driver,” hailed the backing and said that it will provide its business with a much needed boost. The Investment Will Help […]
Industry
January 17, 2025
Asia Gaming Brief to Host Its Seventh ASEAN Gaming Summit
Asia Gaming Brief has unveiled the next edition of its annual ASEAN Gaming Summit gaming conference. Set to take place in March, the event will welcome many industry stakeholders who will discuss the future of the sector. The Seventh Edition of the Conference Looms According to Asia Gaming Brief, the new edition of its ASEAN […]
Business
January 16, 2025
Kambi Names IR Expert Mattias Frithiof SVP of Investor Relations
Kambi Group, a leading B2B provider of sports betting services to gaming operators, has unveiled a major new addition to its leadership team. According to the company’s announcement, Mattias Frithiof will serve as its new senior vice president (SVP) of investor relations & sustainability. Frithiof Joined Kambi on January 16 Effective immediately, the appointment will […]
Business
January 15, 2025
Crayford Racing Track Confirms Upcoming Closure, Sets Date
In November, Entain confirmed its intention to put an end to the Crayford Greyhound Stadium greyhound track. Now, the track has confirmed the date of its last race as its closure draws near. Crayford Track to Close Before the End of the Month In an official statement, Crayford Racing confirmed that its final races will […]
Business
January 14, 2025
BetMGM & Entain Reaffirm 2024 Guidance amid Mixed Results
Entain plc and its subsidiary BetMGM have reaffirmed their 2024 EBITDA guidance ahead of their financial results report. This follows a recent Entain stock drop of nearly 10% due to market volatility. BetMGM and Entain Reveal Guidance for 2025 One of the world’s largest sports betting and gaming groups, Entain plc, as well as daughter […]
Business
January 14, 2025
Digitain Malta Promotes from Within, Names Aida Vardanyan CEO
Digitain, an industry-leading iGaming software provider, has announced that Aida Vardanyan will step in as CEO of its Malta unit. In this position, she will be tasked with leading the business and continuing its success story. Digitain Promotes Vardanyan as CEO of Its Malta Unit As CEO of Malta, Vardanyan will oversee the company’s local […]
Business
January 13, 2025
Stake Expands European Footprint with VinderCasino Acquisition in Denmark
Global online gambling operator Stake announced it had acquired MocinoPlay’s VinderCasino. The brand is well-known in the Danish casino market, representing another significant milestone in Stake’s ongoing strategy to expand its presence across regulated markets in Europe and beyond. This acquisition follows similar deals in 2024 and will likely not be the company’s last such […]
Business
January 13, 2025
Play’n GO Enters Michigan, Pens Its First Tribal Operator Deal
Play’n GO, a leading provider of content to the global casino industry, has unveiled a new tie-up with an American tribal gaming operator. According to the announcement, the Swedish supplier will deliver its world-class content to Eagle Casino & Sports, a tribal online gaming company in Michigan. Play’n GO’s First Tribal Gaming Deal Play’n GO’s […]
Business
January 10, 2025
Betfred Leaves Nevada, US Exit May Be Imminent
Gaming company Betfred has just exited Nevada’s gaming market, leaving it operational in a single US jurisdiction. The operator has been gradually scaling down its American operations, hinting at a possible exit from the region. All Outstanding Bets Will Be Respected On its official website, Betfred confirmed the exit, warning patrons about its exit from […]
Business
January 9, 2025
Star Entertainment Shares Drop as Company Reports Decline in Cash
The Star Entertainment Group, an Australian casino and hospitality company, remains in peril amid regulatory and financial challenges. The company, which was extensively scrutinized over regulatory violations, negligence and overall lack of oversight, continues to see its share price plummet. The Company Reported a Drastic Drop in Available Cash Yesterday, the group, which is trading […]