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Business
July 2, 2024
Flutter Bolsters Leadership with Two New Non-Executive Directors
Flutter Entertainment announced that its Board of Directors had appointed Robert R. Bennett (“Dob”) and Christine M. McCarthy as non-executive directors, effective immediately. Bennett will join the Risk and Sustainability Committee, while McCarthy will be part of the Audit Committee. These appointments align with Flutter’s recent drive to bolster its leadership core. The Company Gains […]
Business
July 2, 2024
BlueBet Exits Indiana, Initiates Review of US Assets
BlueBet has decided to pull out from the Indiana market amid various setbacks. In addition, the betting operator has initiated a strategic review of its operations in the United States. BlueBet originally entered the Indiana wagering sector through an agreement with Caesar Entertainment’s Horseshoe Hammond property. However, the Australian operator opted to cancel the deal, […]
Business
July 1, 2024
Werner Becher to Succeed Kristian Nylén as Kambi’s CEO
Kambi Group has appointed Werner Becher, an experienced gambling industry veteran, as its new chief executive officer. Set to replace the outgoing Kristian Nylén in late July, Becher will bring a wealth of experience, setting Kambi up for future success. The appointee is an industry powerhouse who has formerly served a variety of noteworthy companies. […]
Industry
June 28, 2024
Tribal Gaming Soars to New Heights with Record Revenues
A recent landmark announcement at the Wisconsin Gaming Regulators Association Summer Conference in Green Bay, Wisconsin, saw National Indian Gaming Commission (NIGC) acting chairwoman Sharon M. Avery and vice-chair Jeannie Hovland reveal that the gaming revenue for fiscal year (FY) 2023 has reached an all-time high. These results mark a positive trend for the sector, […]
Business
June 28, 2024
Entain UK Names Industry Heavyweight Charlotte Emery as CMO
Entain has appointed industry heavyweight Charlotte Emery as the new chief marketing officer of its UK business. In this position, she will be responsible for the brand’s marketing amid a transformational period. As mentioned, Emery is no stranger to the gambling industry, having already spent some four years at the British gambling giant William Hill. […]
Business
June 27, 2024
FansUnite Asks Shareholders to Approve $37.5M Sale of Betting Hero to GeoComply
FansUnite Entertainment announced the sale of its Betting Hero business to GeoComply Solutions and Hero Group Corp. As per the deal, FansUnite will sell all outstanding shares for $37.5 million, $30.6 million of which will be paid in cash at the closing. FansUnite added that it expects approximately $20 million in net proceeds from the […]
Industry
June 27, 2024
UNLV Study: Free-Play Is Not as Effective as It Used to Be
A new study by a University of Nevada, Las Vegas (UNLV) researcher suggests that free-play gambling incentives may not be as effective as they used to be. According to researcher Anthony Lucas, the effectiveness of such promotions is gradually decreasing among certain players. Free-play incentives are currently one of the most popular ways to encourage […]
Business
June 26, 2024
Juroszek Family Purchases SkyCity’s Stake in GiG
The Juroszek family, a group of influential Polish investors, has increased its shareholding in Gaming Innovation Group (GiG), a leading iGaming provider and affiliate. As of Monday, June 24, the family held 25.06% of the business. The larger part of this increased shareholding was purchased from SkyCity Holdings, which sold its 10% to the Polish […]
Industry
June 24, 2024
ARC, RMG, Tabcorp, and 1/ST CONTENT Announce Strategic Partnership
Arena Racing Company (ARC), Racecourse Media Group (RMG), Tabcorp, and 1/ST CONTENT have announced a groundbreaking strategic alliance that unites four leading content providers focused on the horse and greyhound racing industry. This partnership aims to create a global network of rights holders to distribute racing content across multiple international markets. All Four Members Boast […]
Business
June 24, 2024
Better Collective Delivers Enhanced Value with New Buy-Back Program
Better Collective A/S has announced a share buy-back program valued at up to EUR 20 million ($21.48 million). The program, set to run from 24 June 2024 to 5 September 2024, aims to cover future obligations related to acquisitions and long-term incentive (LTI) programs. With the company enjoying robust financial performance, this initiative will be […]
