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Gambling News - 'Business'
Business
February 1, 2024
Levy Brothers Leave Penn Entertainment Amidst Strategic Restructuring
In a strategic leadership transition, the founding family behind theScore will step down from their roles at PENN Interactive, a subsidiary of PENN Entertainment, Inc. The operator retains its focus on consolidating its offerings following the successful launches of ESPN Bet and theScore Bet and should be well-positioned to pursue further growth in 2024. The […]
Business
January 31, 2024
Digitain Launches AutoBet, Unveils Deal with REEVO
Digitain has made two important announcements, unveiling a deal with REEVO and the launch of AutoBet, a brand-new solution. AutoBet Revolutionizes Betting According to Digitain, AutoBet is an unparalleled betting feature that will change the entire sports betting industry. The provider explained that the new solution allows customers to be in control and define their […]
Business
January 31, 2024
WynnBET Plans to Exit Massachusetts, MGC Says
WynnBET, the online gambling venture of Wynn Resorts, seems to be preparing to exit Massachusetts’ gambling market, a recent announcement by the Massachusetts Gaming Commission (MGC) suggests. As the MGC prepares for tomorrow’s meeting, the authority published its agenda for the event. The second entry under the Legal and Sports Wagering Division section reads that […]
Business
January 31, 2024
PointsBet Posts Record-Breaking Q2 Results in Australia and Canada
PointsBet has published its Q2 report, posting record net win in both Australia and Canada. The company’s sports betting activities continued to underpin the results as both handle and net win increased. However, the biggest growth was recorded by PointsBet’s iGaming vertical. Taking a look at how PointsBet performed in Australia, the company posted a […]
Industry
January 30, 2024
Sportradar Says Alpha Odds Improved Clients’ Profits by 10%
Sportradar released a new update on the performance of its Alpha Odds tool, announcing that it has boosted clients’ profits by an average of 10% in 2023. For reference, Alpha Odds is an automated odds recalculation tool which allows gambling companies to generate bespoke betting prices that take their risk exposure and liabilities in mind. […]
Business
January 30, 2024
FairPlay Finalizes Quarter4 Acquisition, Bolstering Global Competitiveness
FairPlay Sports Media, the owner of Oddschecker, has completed its first acquisition under the newly established brand by acquiring Toronto-based deep-learning firm Quarter4. FairPlay gains cutting-edge sporting outcome prediction solutions, bolstering its current offerings and making its products more attractive globally. Both companies were excited about this development, highlighting their shared values. Quarter4 Offers Unique […]
Business
January 29, 2024
Swintt Acquires ELYSIUM Studios, Bolsters Game Production Pipeline
Swintt, a leading developer of online casino content, is set to acquire ELYSIUM Studios, an innovative developer of gambling games. The acquisition will strengthen Swintt’s pipeline and will reinforce its product offering. Following the acquisition of ELYSIUM Studios, Swintt will launch the studio’s games in multiple regulated markets, providing its operator partners and their players […]
Business
January 23, 2024
Sportingtech Appoints New CEO to Spearhead 2024 Expansion
Betting and gaming platform provider Sportingtech has named Tom Ustunel its new chief executive officer, entrusting him with spearheading the company’s further expansion in 2024. Ustunel, who has been with Sportingtech for the last two years, supporting strategic initiatives and familiarizing himself with the brand’s award-winning products, brings a wealth of experience from leadership roles […]
Business
January 22, 2024
Continent 8 Names Ex-Google Executive Phillips as VP of Network
Continent 8 Technologies announced that it has welcomed the experienced Dave Phillips as its new vice president of network. The new appointee will leverage his experience to reinforce the products and services the company provides to the iGaming industry. Phillips joins the Continent 8 Technologies amid the company’s rapid global expansion. As someone with years […]
Business
January 22, 2024
EveryMatrix Welcomes Bobby Longhurst as Group CCO
Leading B2B technology provider EveryMatrix has announced the appointment of Bobby Longhurst as its new Group chief commercial officer (CCO). Longhurst brings a wealth of experience to the role and replaces Stian Hornsletten, who will move to the position of chief executive officer of the Games division at the start of next month. EveryMatrix Continues […]