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Gambling News - 'Business'
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 […]
Casino
June 17, 2024
Caesars Shareholders Reject Proposal to Study the Benefits of Going Smoke-Free
Caesars Entertainment’s shareholders are apparently not on board with a recent proposal to study the effects of smoke-free casinos. While activists continue to fervently promote the idea of smoke-free casinos, citing health-related concerns, gambling companies and their investors remain obstinate in maintaining the status quo. The proposal was filed by public health and labor advocates […]
Business
June 14, 2024
DraftKings Continues to Grow as SPAC Businesses Decline
DraftKings has defied the odds, becoming one of the most successful companies to go public through a merger with a special purpose acquisition company (SPAC). While many businesses that adopt a similar approach have met the inglorious reality of low returns, the operator has firmly cemented itself as one of the business leaders in North […]
Business
June 14, 2024
Catena Media Names Jamie-Grace Farrugia VP HR, Parts Ways with Fiona Ewins Brown
Casino and betting affiliate specialist Catena Media announced that it will be parting ways with Fiona Ewins Brown who has served as its chief human resources officer for almost a decade. In the meantime, the company will appoint Jamie-Grace Farrugia as its new vice president of human resources. Brown, according to Catena Media, will depart […]
Business
June 14, 2024
Ladbrokes Celebrates Soccer with a New Ad Campaign
Leading sportsbook Ladbrokes has launched its new “Bring Your Wave” campaign, evoking the Mexican Wave, one of soccer’s most iconic fan celebrations. With the European Championships and the 2024/25 Soccer Season just around the corner, the operator hopes to stoke fan excitement and give users new and engaging ways to support their favorite teams. The […]
Business
June 12, 2024
Boyd Gaming Adds Veteran Investment Banker to Board
Boyd Gaming, an American gaming and hospitality company, has designated Michael Hartmeier as a member of its board. A former Barclays investment banker, the appointee will now become a part of the operator’s audit committee. By adding Hartmeier to the board, Boyd has essentially expanded its board size from eight to nine members, six of […]
Business
June 11, 2024
BHA CEO Julie Harrington to Depart at the End of 2024
The British Horseracing Authority (BHA) announced that Julie Harrington will be stepping down as CEO at the end of the year. Her decision would mark the end of a four-year tenure and comes amid the ongoing gambling reforms. During her time as CEO of the BHA, Harrington oversaw a variety of changes, including a new […]