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Gambling News - 'Business'
Business
February 26, 2024
PointsBet to Welcome Lucas as CTO, Part Ways with Bowskill
PointsBet, a major sports betting operator, has enhanced its tech team with the addition of Daniel Lucas as chief technology officer. As someone who has previously served Flutter Entertainment, the new appointee will be a valuable addition to the PointsBet C-suite. PointsBet described Lucas as a seasoned veteran with years of experience and an impressive […]
Business
February 23, 2024
Melco Resorts CEO Lawrence Ho Exits Hong Kong’s 50 Richest
Lawrence Ho, the founder, chairman, and CEO of Melco Resorts and Entertainment, has lost his position in Hong Kong’s 50 Richest list published by Forbes. The 47-year-old casino magnate and the eldest son of Macau’s late gaming pioneer Stanley Ho had been a regular on the list for the past ten years. However, macroeconomic pressures […]
Business
February 22, 2024
Aristocrat CEO Highlights the Company’s Progress in Annual Address
Aristocrat’s chief executive officer, Trevor Croker, has addressed the company’s recent performance, expressing optimism in its ability to digitalize its traditional casino games. In his address during the annual general meeting, Croker commented on Aristocrat’s FY results, praising the company’s growth. He pointed out that FY23 saw the company deliver revenue of $6.3 billion and […]
Business
February 22, 2024
Better Collective’s Impressive Financials Set the Stage for a Successful 2024
Stockholm and Copenhagen-listed media group Better Collective A/S has surpassed its 2023 revenue target despite challenging conditions in the US market during the fourth quarter. While Q4 results saw the company exceed its full-year revenue target of between €315 million ($340.6 million) and €325 million ($351.4 million), shares declined in response to the dip in […]
Business
February 22, 2024
Bally’s Publishes Strong Q4 Results, Posts FY24 Guidance
Bally’s Corporation, a casino and hospitality company, has published its Q4 2023 results, painting a stable financial picture of its business. The company recorded a 10% improvement in its UK business on a dollar basis and reported an all-time-high quarterly adjusted EBITDAR. Bally’s consolidated revenues for Q4 stood at $611.7 million in Q4, up 6.1% […]
Business
February 22, 2024
Revpanda Secures Best Digital Agency Award, Launches Block Monitor Solution
Revpanda, an all-in-one digital marketing agency, has announced that it has been named Best Digital Agency at the iGB Affiliate Awards 2024. Labeling this as its “latest conquest,” the company expressed its excitement for the future. Revpanda used the opportunity to reaffirm its commitment to adhering to the highest industry standards. The company, which is […]
Industry
February 21, 2024
888’s Control Centre Safer Gambling Tool Launches in Ontario
Leading online betting and gaming company 888 has announced the rollout of its safe gambling initiative, the Control Centre, in Ontario. This initiative aims to assist players in gaining a better understanding of their gambling behavior while promoting responsible gaming practices. The product has a proven track record, and its launch should bolster 888’s brand […]
Business
February 21, 2024
Glitnor Names Mel Camilleri-Bland Chief Operations Officer
Glitnor Group, a company striving to be the most entrepreneurial and fastest-growing business group in the iGaming industry, has strengthened its team with a major new appointment. As announced by the company, the experienced Mel Camilleri-Bland will join its ranks as its new chief operations officer. In her new position, Camilleri-Bland will be responsible for […]
Business
February 21, 2024
FanDuel Acquires BeyondPlay for an Undisclosed Sum
Flutter’s sports betting and fantasy sports brand FanDuel has acquired the iGaming software startup BeyondPlay in a strategic deal. While the monetary aspect of the arrangement was not disclosed, executives expressed their excitement about the deal. BeyondPlay was founded in 2021 and offers a jackpot management system and multiplayer software. The first solution allows the […]
Business
February 21, 2024
Kinectify Secures Investment from Aristocrat, Adds Jason Walbridge to Board
Kinectify, a novel gambling risk management tech firm, has unveiled a new investment by Aristocrat Leisure Limited. The investment demonstrates the latter firm’s trust in Kinectify’s solutions and was joined by additional contributions from existing investors. In addition to the investment by Aristocrat, Kinectify secured backing from a number of companies and organizations, including Acies […]