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Business
January 8, 2025
Kambi Partners with Stake to Drive Sports Betting Expansion
Sports betting solutions provider Kambi Group plc announced a strategic partnership with rapidly growing global operator Stake, which is seeking to expand its reach into regulated markets. The collaboration debuted with the launch of Stake’s Kambi-powered sportsbook in Brazil as the country’s modernized gambling jurisdiction made it one of the world’s most anticipated sports betting […]
Business
January 8, 2025
Fortuna Entertainment Group Names Dieter John CEO as Victor Corcoran Steps Down
Fortuna Entertainment Group (FEG) has announced the appointment of Dieter John as its new chief executive officer. As someone who has already impacted the company’s business, the appointee is well-positioned to deliver a new phase of growth. The New Appointee Heralds a New Phase of Growth According to FEG’s official statement, John was named CEO […]
Business
January 8, 2025
Tipico to Acquire Admiral Austria, Bolstering European Presence
Gaming technology group NOVOMATIC AG has agreed to sell its Austrian subsidiary, ADMIRAL Austria, to the Malta-based Tipico Group. This mutually beneficial agreement should help Novomatic expand its global presence while strengthening Tipico’s market share in its core jurisdictions. Both companies were optimistic regarding the sale as they remain confident in their continued growth. The […]
Business
January 8, 2025
Paradise Entertainment and Tangiamo Sign Strategic Deal
Paradise Entertainment Limited and Tangiamo Touch Technology enter a new partnership that will see both expand their reach in the Asian and European markets. The Two Companies Pursue Growth in Europe and Asia Paradise Entertainment Limited is a company working on the development, sale, and leasing of electronic gaming equipment and systems. It also provides various […]
Business
January 7, 2025
Bragg Enters Brazil, Expects It to Become a Core Market
Bragg Gaming Group, a leading provider of online casino content and platform technology, has unveiled a foray into Brazil’s freshly regulated market. The Latin American country launched regulated online casinos and betting a week ago, marking a new age for local gaming. Bragg Enters Brazil’s Fresh Market Bragg was proud to announce its entry into […]
Casino
January 7, 2025
Station Casinos’ Durango Breaks Ground on Phase II of Development
American casino & hospitality company Station Casinos has embarked on a new expansion journey, setting out to enhance its Durango Casino and Resort. The new development marks the beginning of the second phase of the property’s expansion, the Las Vegas Review-Journal announced. Phase II of Development Has Commenced Durango Casino and Resort, located in the […]
Business
January 7, 2025
M&A Activity Is on the Table for DraftKings in 2025, Deutsche Bank Says
Deutsche Bank analyst Carlo Santarelli has suggested that mergers and acquisitions would be a likely strategy for American betting powerhouse DraftKings in 2025. This comes amid suboptimal Wall Street projections for the company’s performance. DraftKings Might Struggle to Hit the Mark As reported by CDC Gaming Reports, Santarelli said that at the midpoint of DraftKings’ […]
Business
January 6, 2025
Denise Coates Gets Reduced Paycheck as Bet365 Recovers from Losses
Denise Coates, the United Kingdom’s highest-paid woman, is still earning millions in spite of a significant paycheck reduction. This comes as her main business, the betting operator bet365, continues to excel. Bet365 Reduced Its Executive Pay Significantly The bet365 owner earned roughly £150 million ($187.8 million) for the year ended March 31 despite the 45% […]
Business
January 6, 2025
Deutsche Bank Analyst Shares Favorable Projections for Caesars Digital
Caesars Entertainment might take action to reinforce its digital gaming business followed continued suboptimal growth, a Deutsche Bank analyst believes. He also projected a property EBITDAR decline of 2% despite a variety of opportunities within the land-based sector. The Company Is Likely to Bolster Its Digital Business In an investor note, Deutsche Bank analyst Carlo […]
Business
January 3, 2025
Codere Online in Peril amid Possible Lawsuit, Delisting
Codere Online is in peril amid various threats to its business. In addition to a possible class action lawsuit, a potential Nasdaq delisting seems to be inching closer. Codere Parted Ways with Its Auditor On December 27, Codere Online parted ways with its auditor Marcum. The latter was unable to complete the audit procedures Codere […]
