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Business
February 14, 2024
GiG Publishes All-Time High Q4 Results
Gaming Innovation Group (GiG) has published its Q4 2023 financials, reporting increases across the board. The company’s metrics for the period were very strong, underpinned by the company’s robust business strategy. GiG’s Q4 2024 revenues stood at EUR 35.6 million (38.2 million). This is notably the highest quarterly revenue ever recorded by the group and […]
Business
February 14, 2024
GAN Shareholders Give the Thumbs Up to Sega Sammy Merger
Most GAN shareholders have approved the company’s looming acquisition by Sega Sammy. The deal, originally announced in August, will see the company’s B2B and B2C iGaming business acquired by the Japanese gaming powerhouse. As it turns out, 95% of the company’s shareholders support the merger. For reference, the latest shareholder meeting was attended by people […]
Business
February 14, 2024
Catena Media Updates Financial Goals as CEO Daly Targets AI Supremacy
Catena Media CEO Michael Daly has commented on the company’s AI capabilities in the wake of the company’s Q4 report. While he dubbed the financial results “disappointing,” Daly believes that the affiliate has an edge over its rivals when it comes to artificial intelligence. The firm has long been investing in AI solutions, seeking to […]
Business
February 13, 2024
GiG Extends iGaming Platform Deal with Casumo
Gaming Innovation Group, the industry-leading platform and media provider, has extended its deal with Casumo, one of its long-term partners. Under the extended agreement, GiG will continue to provide the online operator with its robust iGaming platform. According to the announcement, GiG will now continue to provide Casumo with its platform until 2027. The expanded […]
Industry
February 12, 2024
New York Posts Record-Breaking Online Sports Betting Revenues in January
New York continues to break its online sports betting revenue records month after month, once again publishing unprecedented results in January. According to official data, licensed sportsbooks recorded a total sports betting GGR of $211.5 million. This figure smashes December’s previous record, attesting to the fact that the New York betting sector is yet to […]
Business
February 12, 2024
Entain Explores Bid for Free-to-Air TV in Australia
Global gambling giant Entain is reportedly exploring a bid to secure direct access to a free-to-air TV channel targeting Australian audiences. The move aims to broadcast racing events, explore synergies, promote gambling products, and challenge the monopoly of Tabcorp-owned Sky Racing. Entertain’s previous broadcasting experience should provide substantial benefits, helping leverage a potential agreement. Entain […]
Business
February 9, 2024
Better Collective Publishes Unaudited FY 2023 Report
Just after finalizing its acquisition of Playmaker Capital, Better Collective published its unaudited full-year report. The company said that 2023 was a very strong year and that the results exceeded its guidance. According to the company’s announcement, its full-year revenues reached EUR 327 million ($352.5 million), which represents a 21% year-on-year growth. EBITDA, on the […]
Business
February 9, 2024
Flutter Looks for Startup Partner to Tap into Female Player Base
Gaming giant Flutter Entertainment’s UKI-facing brands, Sky Betting and Gaming, Paddy Power and Betfair, are considering a partnership that would allow them to tap into the increasing female customer base in the United Kingdom and Ireland. To that end, the UKI division is looking to team up with a “high potential startup” that would help […]
Business
February 9, 2024
Churchill Downs Forms Strategic Partnership with SAP America
Churchill Downs Incorporated (CDI) has unveiled a multi-year partnership with SAP America, a global market leader in enterprise application software. Under the deal, SAP will leverage its tech expertise to serve as the official technology partner of Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks. In addition, the agreement includes naming rights for the […]
Business
February 9, 2024
BetMGM Reports Strong FY 2023 Performance
BetMGM, a leading sports betting and iGaming operator jointly owned by MGM Resorts International and Entain, has announced robust financial results for the fiscal year 2023, according to unaudited figures. The recent report reflected on the performance of some key verticals, providing insights into the operator’s strategy and plans to tackle rising industry challenges. Most […]
