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Gambling News - 'Business'
Business
November 12, 2024
IGT Posts Strong Q3 Report Despite Slight Declines Across the Board
IGT, a global leader in gaming technology and content, has published its financials for the third quarter of the year, highlighting the strength of its business. The company also published its current forecasts for the FY results. Revenue Slowed Down But the Results Remained Strong Among other things, the company reported Q3 revenue of $587 […]
Business
November 11, 2024
PointsBet Quashes Takeover Rumors
A report published a few days ago suggested that an unidentified Asian company is interested in acquiring Australian betting powerhouse PointsBet. The latter company, however, has now come forward to deny the hearsay. The Report Alleged an Asian Company Is Interested in PointsBet The original report was posted on Friday by The Australian. In its […]
Business
November 11, 2024
Game Lounge Expands Global Reach with Meneer Casino Acquisition
Game Lounge, a leading global iGaming affiliate company, has struck a strategic deal to strengthen its European presence by acquiring Two Kings Consultants B.V., the parent company of the acclaimed Dutch iGaming affiliate site Meneer Casino. This strategic acquisition aligns with Game Lounge’s ambitions to expand into regulated markets. The Two Companies Have a Shared […]
Business
November 11, 2024
DraftKings Considers Political Betting in the Wake of the Election
The US presidential elections are now over, cementing Trump’s return to the White House. Sports betting giant DraftKings is already looking far ahead, eyeing political betting opportunities for the next election. A Very Different Framework In a conference call, the company’s chief executive officer, Jason Robins, acknowledged the intense political betting activity. He called non-sports […]
Business
November 7, 2024
Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials
Catena Media is eyeing new cost-cutting measures after challenging third-quarter results in 2024. The Malta-based company, specializing in digital marketing for the online gambling sector, saw its quarterly revenues dip by one-third, from EUR 15.9 million ($17.2 million) to EUR 10.7 million ($11.58 million) year-on-year. These results mark a trend of revenue decline that CEO […]
Business
November 7, 2024
Enteractive Appoints Lukasz Zebrowski as Head of Compliance
Enteractive, a specialist in betting and gaming player retention and reactivation, has reinforced its leadership with a new head of compliance. The company named the experienced Lukasz Zebrowski to the position, tasking him with the important role of ensuring that the company is compliant with the markets where it operates. Enteractive Is Committed to Remaining […]
Poker
November 7, 2024
BetMGM Poker Innovates with Shared Liquidity Between NJ and MI
BetMGM, an iGaming and online sports betting powerhouse, announced that it has begun combining player pools between its poker markets in New Jersey and Michigan. This development was lauded as a significant milestone that will greatly enhance the BetMGM Poker experience. Improving the BetMGM Poker Experience BetMGM has been working hard to improve its BetMGM […]
Business
November 7, 2024
Super Group Q3 Report Shows Africa Focus Is Paying Off
Super Group, Betway’s parent company, has published its financial report for the third quarter of the year, reporting a record-breaking revenue figure. The company attributed its amazing financials to its growth in key markets such as Africa, Europe and Canada. Super Group’s Strongest Q3 Yet Super Group, which operates Betway and Spin, reported revenue of […]
Business
November 5, 2024
Wynn Resorts Remains Optimistic on UAE Expansion Despite Underwhelming Q3 Results
Despite an unimpressive third-quarter earnings report, Wynn Resorts is doubling down on its ambitious expansion into the UAE, specifically through its landmark Wynn Al Marjan Island project in Ras Al Khaimah. CEO Craig Billings was optimistic about the UAE project, set to launch in 2027, as the operator expects it to usher in a new […]
Industry
November 4, 2024
ESPN and ESPN BET Debut Account Linking
PENN Entertainment and ESPN announced that account linking between ESPN and ESPN BET is now a reality. This means that fans can now enjoy seamless betting experiences with less hassle. Enhanced Personalization Awaits The account linking allows existing consumers to link their ESPN BET and ESPN accounts. Thanks to that, users will now be able […]