Gambling News - 'Business'
Business
June 12, 2025
Raketech to Sell Its Remaining US Tipster Assets
Raketech Group has announced, following a strategic review, that it has reached an agreement to sell its non-core US tipster and subscription business for a total consideration of €1.25 million ($1.44 million). Raketech Divests Remaining US Tipster Assets to Sharpen Strategic Focus Of this amount, €450,000 ($482,000) will b֔e paid at closing, €350,000 ($375,000) after […]
Sports
June 12, 2025
Sportradar Pens FIFA Club World Cup 2025 Partnership with DAZN
Sportradar Group, a leader in sports technology specializing in immersive experiences for fans and bettors, has unveiled a major sports data partnership with DAZN, one of the world’s best sports entertainment platforms. Sportradar Joins DAZN Under the agreement, Sportradar will exclusively distribute ultra-low latency betting data, as well as non-exclusive media content, from the FIFA […]
Poker
June 11, 2025
RSI Introduces BetRivers Poker In Three New States
Rush Street Interactive (RSI), a prominent online casino and sports betting operator in North and South America, has announced the launch of its proprietary online poker platform, BetRivers Poker, in Delaware, Michigan, and West Virginia. RSI Announces Massive Expansion The announcement follows the platform’s initial launch in Pennsylvania in late 2024. This latest expansion is […]
Business
June 11, 2025
Flutter May Lay Off 200 Employees in Britain and Ireland
Flutter, the owner of Paddy Power, may cut over 200 jobs across the UK and Ireland as part of a broader plan to unify its brands under a single technology platform later this year. Flutter Talking About Potential Mass Layoffs The company has not yet specified which areas will be affected by the redundancies, stating […]
Business
June 11, 2025
Digitain Names IT Heavyweight Mary Ann Calleja as Chief Product Officer
Digitain, a leading sports betting and casino platform provider, has further enhanced its leadership team with a new appointment. The latest addition to the company’s C-suite is Mary Ann Calleja who will serve as the company’s new chief product officer. Calleja Joins Digitain as CPO Calleja was described by Digitain as a seasoned IT and […]
Business
June 10, 2025
Catena Media Divests Esports Division to Focus on Other Goals
Catena Media, a major affiliate marketing specialist, has divested its esports assets, marking an end to its participation in the esports sector. Representatives confirmed the transaction and justified it with Catena’s decision to focus on higher-margin products. The Affiliate Sold Its Esports Products to an Undisclosed Buyer The sale, which was confirmed to company members […]
Industry
June 5, 2025
US iGaming Continues to Soar as Industry Hits $869M in April
While most US states remain reluctant to launch online casinos, those that have done continue to demonstrate the vertical’s potential. According to the latest report, the seven states where iGaming is legal generated $868.6 million in revenue in April alone, up 32.5% year-on-year. iGaming Continues to Grow in April Following a Record-Breaking March According to […]
Business
June 5, 2025
VICI Properties Outlines Dividend and AFFO Growth as Core Priorities
VICI Properties, a casino real estate giant, is considering increasing its dividend and continuing its AFFO growth amid favorable prospects in Las Vegas. The company believes that the next few decades will present plenty of opportunities for further growth. VICI Remains Bullish on Vegas Speaking at the recent Nareit REITweek conference in New York, VICI […]
Lottery
June 4, 2025
Aristocrat Interactive’s NeoGames to Supply iLottery Solutions to Michigan Lottery
Online gaming provider Aristocrat Interactive, via its NeoGames subsidiary, has signed a six-year contract with the Michigan Lottery. Under this agreement, the supplier will arm the lottery with its full iLottery product suite. An Evolution of NeoGames’ Relationship with the Lottery The partnership, effective from July 2026, will see Aristocrat Interactive power the Michigan Lottery […]
Business
June 4, 2025
Veikkaus Adds Jyri Lassi Ahead of Finnish Market Liberalization
Veikkaus, Finland’s gambling monopoly, has enhanced its team with the addition of Jyri Lassi as general counsel. The appointee, who boasts executive experience at the intersection of law, technology, and strategy, will support the company’s business as Finland shifts from a gambling monopoly to a license-based framework. Veikkaus Enhances Team as Market Liberalization Looms Lassi, […]