Gambling News - 'Business'
Business
September 17, 2024
Enteractive Onboards Former Evolution Account Manager as Head of Sales
Enteractive, a leading company that supplies the iGaming industry with player reactivation and retention, has made a new addition to its leadership team. The company announced that it had appointed the experienced Tim Vindehall as its new head of sales and vowed to leverage his experience to continue its growth trajectory. Enteractive Welcomes a Former […]
Business
September 17, 2024
Interblock Boosts Business with Majority Stake in Zuum
Interblock, a worldwide leading developer and supplier of Luxury Electronic Table Gaming (ETG) products, has acquired a majority stake in Zuum, a competitor company. This agreement was celebrated as a move that would enhance the former company’s portfolio significantly, allowing it to power its clients with many new solutions. The Two Businesses Complement Each Other […]
Industry
September 17, 2024
Weak Sports Betting Offsets New Jersey’s Strong Casino & iGaming Results in August
The New Jersey Division of Gaming Enforcement published its latest gaming revenue report, outlining the performance of the state’s gambling industry in August. The New Jersey industry’s metrics continued to grow as most verticals posted strong results. Sports betting, on the contrary, experienced a sharp decline. The Overall Revenue Increased Slightly The local casinos, racetracks […]
Industry
September 16, 2024
JMP Is Optimistic about Flutter’s Stake in Betnacional
JMP Securities analysts are optimistic about Flutter’s recent acquisition of a 56% stake in NSX Group, arguing that it would allow the latter company to drive strong synergies in Brazil. Flutter’s Brazil Bid Is In Line with the Company’s Strategy According to a NEXT.io report, JMP Securities believes that Brazil’s large population and ongoing sports […]
Business
September 16, 2024
BetMGM Becomes USA TODAY’s Preferred Online Sportsbook and Casino Partner
Online gaming and betting powerhouse BetMGM just unveiled a new multi-year partnership with Gannett, a diversified media company with expansive reach. BetMGM Will Supply the Network with Odds and Betting Info Under the agreement, BetMGM will become the preferred online sportsbook and casino partner for USA TODAY Sports. As a result, BetMGM will supply the […]
Business
September 16, 2024
Flutter to Acquire Playtech’s Consumer Arm in Major Expansion Move
Flutter Entertainment, the parent company of brands like Paddy Power and Betfair, is reportedly nearing the conclusion of a milestone £2 billion acquisition of the consumer operations arm of Playtech, one of the leading gambling technology providers. The acquisition signals Flutter’s ongoing commitment to expanding its global influence and portfolio. Playtech Will Focus on Its […]
Business
September 13, 2024
Flutter to Form Flutter Brazil via Acquisition of 56% Stake in NSX
Sportsbook and iGaming juggernaut Flutter Entertainment has unveiled a major investment in Brazil that would grow its local footprint. The deal reflects the company’s overall expansion strategy and orientation toward global markets. Flutter to Acquire a 56% in NSX in Q2 2025 According to Flutter’s official announcement, it has paid some $350 million to acquire […]
Business
September 13, 2024
Evolution Gaming Expands Live Casino Portfolio with Arcadia Gaming Solutions Acquisition
Evolution Gaming announced the strategic acquisition of Arcadia Gaming Solutions, a deal expected to enhance its position as a live casino gaming leader. Arcadia, known for its proprietary technology allowing players to engage with real-time physical arcade machines remotely, will join Evolution’s growing portfolio of innovative gaming solutions. Arcadia Pioneered a Novel and Engaging Product […]
Business
September 13, 2024
MGM Resorts Expands Environmental Commitments via Renewable Energy Deal
MGM Resorts International is doubling down on sustainability via a new agreement with Escape Solar LLC. According to the announcement, the deal will double the casino and hospitality giant’s access to clean solar electricity. MGM Pens a New Sustainable Energy Deal The agreement is in line with MGM’s ongoing sustainability efforts and was described as […]
Business
September 12, 2024
Delaware North Appoints Industry Powerhouse Jason Gregorec as Gaming Division President
Delaware North, an American multinational gaming and hospitality company, has appointed an experienced industry veteran as its new gaming president. The seasoned professional, in this case, is Jason Gregorec, a former Caesars and Eldorado leader. Gregorec Will Head the Gaming Division Gregorec, who boasts some three decades in the gambling sector, is set to lead […]