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Gambling News - 'Business'
Business
September 4, 2024
Kambi Chairman Weighs In on Recent Acquisition Rumors
Kambi the industry’s trusted provider of a range of sports betting services to licensed B2C gaming operators, has commented on the ongoing media speculation about its acquisition by another party. Kambi Denies the Rumors Recent rumors strongly suggested that Genius Sports, a sports data and technology company, has approached Kambi with an acquisition offer. This […]
Industry
September 4, 2024
Veikkaus to Renegotiate Contracts as Finland Readies Licensing Model
Veikkaus, Finland’s gambling monopoly, commented on the country’s upcoming shift to a licensing model. As the operator previously warned, the change would likely lead to job cuts. As a result, Veikkaus is set to renegotiate contracts with almost 620 employees. Veikkaus to Renegotiate Up to 620 Contracts Finland announced its intention to shift from the […]
Business
September 3, 2024
Betsson to Leave the US B2C Market by the End of September
Betsson, an online betting operator, has confirmed its B2C exit from the highly competitive US market. The company’s decision comes amid an ongoing exodus that has seen several B2B and B2C brands leave. Betsson Will Exit Colorado Betsson announced its intention to cease operating Betsafe in America in a recent email to its players. Betsafe, […]
Business
September 3, 2024
Rdentify Introduces Milestone Update, Redefining Customer Experience and Protection
Rdentify, the AI-powered customer experience platform, has announced a game-changing update that further enhances its ability to create world-class customer experiences. This latest update cements Rdentify’s position as the leading responsible gambling tool for the iGaming industry while extending its functionality across the entire customer engagement spectrum. Customer Safety Remains a Leading Priority Rdentify was […]
Casino
September 3, 2024
Alliance Global to Construct a $301M Integrated Resort in the Philippines
The Philippines is awaiting the construction of a new integrated resort, which is set to channel more tourists toward the archipelagic country. The project is the brainchild of Alliance Global Inc’s Travellers International Hotel Group Inc (TIHGI) and is set to begin construction in 2025. TIHGI Hopes to Channel Tourists Toward Its New Property Initial […]
Business
September 3, 2024
ASX Suspends Star Entertainment over Missed Report Deadline
The Star Entertainment Group announced that it has been suspended from the ASX, Australia’s primary stock exchange. The suspension was enforced due to a missed deadline, according to an official ASX filing. The ASX Suspends The Star Entertainment The announcement was made on September 2 as The Star Entertainment was suspended from the ASX due […]
Industry
September 3, 2024
Protesters Accuse Evolution of Violent Attempts to Quash the Strike
The hunger strike of Evolution Georgia workers continues as the trade union behind the initiative reported violent attempts to suppress the protest. Evolution Georgia Workers Continue to Strike The protests were launched in July following claims of low wages and poor working conditions. In mid-August, it turned into a hunger strike, drawing further attention to […]
Business
September 3, 2024
Revpanda Acquires Leetz Media, Evolves into Revpanda Group
Revpanda, an all-in-one digital marketing agency, has announced its acquisition of Leetz Media, another advertising specialist. The tie-up has resulted in the former company evolving into Revpanda Group. Revpanda Evolves Into Revpanda Group The acquisition, according to Revpanda’s official announcement, marks the union of two “well-established companies that have consistently delivered top-tier results in the […]
Business
August 30, 2024
Svenska Spel Publishes Q2 Healthy Revenue Report
Svenska Spel a state-owned company in Sweden, has published its healthy revenue report for Q2 2024, detailing an increased share of revenue from low-risk consumers. The operator reiterated its commitment to responsible gambling, promising to minimize the money it takes from high-risk players. Svenska Spel’s Healthy Revenue Share Increased in Q2 In Q2 2024, Svenska […]
Business
August 30, 2024
GiG Platform Adds Andreas Söneby to Board of Directors
Gaming Innovation Group has strengthened the leadership of its Platform division with the appointment of Andreas Söneby as a board member. Söneby boasts years of gaming industry experience and has spent over a decade at Kambi. Söneby Is an Important Addition to the Team Söneby will reinforce the GiG Platform board team, underpinning its continued […]