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Business
June 20, 2024
Tipico Names Hefer CEO as Baca Takes over as Supervisory Board Chair
German sports betting provider Tipico has named Axel Hefer as its new chief executive officer. In this position, Herfer will succeed Joachim Baca who will now take over as chairman of the supervisory board instead. Baca has led Tipico for the last eight years, playing a crucial role in the company’s growth into a sports […]
Business
June 20, 2024
GiG Continues Ontario Growth with Venture Labs Deal
Just after finalizing its €15 million bond issue, Gaming Innovation Group (GiG), an iGaming marketing and media leader, announced the signing of a head of terms agreement with Ventures Lab. A market-leading leading online sports betting and gaming group, Ventures Lab will become GiG’s fourth partner in Ontario. In line with GiG’s global growth strategy, […]
Industry
June 19, 2024
Svenska Spel to Publish Healthy Revenues Report
Svenska Spel, Sweden’s state-owned operator, announced its intention to start reporting how “healthy” its revenues are. Mirroring Kindred’s Journey Towards Zero reports, the initiative will see the Swedish operator disclose what portion of its revenues come from low-risk customers. According to Svenska Spel’s announcement, the first report of this kind will be published at the […]
Business
June 19, 2024
Flutter Adds Ex-Spotify Exec to Team, Names Soccer Legend as Betfair Ambassador
Flutter Entertainment has designated the experienced Mark Shaw as its new director of global payments strategy. A former Spotify executive, Shaw brings years of corporate experience to the team. Spotify isn’t the only noteworthy company Flutter’s new director has worked for. His impressive track record also includes stints with TSB Bank, Visa Europe and Vocalink. […]
Sports
June 18, 2024
Dallas Cowboys Welcome Aristocrat as Official Partner
The Dallas Cowboys have signed a sponsorship agreement with Aristocrat Gaming, a leading slot machine company. This would see the team join Aristocrat’s list of NFL partners, which includes the Oklahoma Raiders, New England Patriots and New Orleans Saints. While slots aren’t legal in the Cowboys’ home state, the partnership seeks to capitalize on the […]
Industry
June 18, 2024
Ixia Capital Launches with Impressive Ambitions
Ixia Capital, a new venture capital fund and studio, has officially launched with a $20 million investment aimed at high-growth companies in gaming, esports, digital assets, and related technologies. Founded by partners with extensive firsthand experience in the iGaming industry, Ixia’s primary mission is transforming innovative ideas and technologies into profitable business ventures. The Company […]
Industry
June 18, 2024
NJ Casino Revenue Soared in May, Betting GGR Declined
The New Jersey Division of Gaming Enforcement published its report about the gaming industry’s performance in May, highlighting increases across the casino and iGaming sector amid a monthly decline in sports betting. The total gaming revenue reported by casinos, racetracks and their partners stood at $510 million for May 2024, up 8.3% year-on-year. The state’s […]
Business
June 18, 2024
GiG Media Rebrands as Gentoo Media Ahead of Strategic Split
Online gaming marketing and media leader Gaming Innovation Group (GiG) unveiled a new corporate identity for its GiG Media division. Set to be spun off from the main company, the division will now be rebranded to Gentoo Media. The rebranding aligns with GiG’s intention to grow what was known as GiG Media into a separate […]
Business
June 17, 2024
GiG Sets Out to Acquire SEO Specialist Titan, Considers Bond Tap Issue
Gaming Innovation Group (GiG), a leader in iGaming marketing and media, announced that it has signed a head-of-terms agreement to acquire Titan, a provider of SEO and content services. According to the former company, this acquisition will significantly enhance its operational efficiency and market position. GiG explained that the agreement would reduce costs and bolster […]
Business
June 17, 2024
Stake Teams Up with BetBlocker to Promote Safer Gambling
Online gaming and crypto betting giant Stake has unveiled a historic safer gambling deal with BetBlocker, a non-profit developer of anonymous responsible gambling software. In line with the operator’s ambition to protect players from harm, the deal will see Stake promote BetBlocker’s tools. For context, BetBlocker offers free software that players can install on their […]
