Gambling News - 'Business'
Business
April 26, 2024
Aristocrat Completes Its $1.2B Acquisition of Neo Group
On May 15, 2023, Aristocrat Leisure Limited, an Australian gambling machine manufacturer, announced its intention to acquire Neo Group in a historic deal. Almost a year later, the latter group, formerly known as NeoGames SA, announced that the transaction had been completed. The announcement comes a week after Aristocrat successfully navigated through the regulatory labyrinth, […]
Industry
April 26, 2024
FDJ Reappoints Pallez as Chair & CEO, Unveils Share Buyback
La Française des Jeux (FDJ), France’s leading gambling operator, recently held its Annual and Extraordinary Ordinary General Meeting. During the meeting, the operator’s shareholders voted to reelect Stéphane Pallez as chair and CEO. Stéphane Pallez has headed FDJ as chief executive officer since 2014 and has played a key role in the company’s growth. Since […]
Industry
April 26, 2024
NGCB Publishes March & Q1 Industry Report
Nevada’s Gaming Control Board (NGCB) published information about the local gambling industry’s performance in March 2024. Revenue remained mostly stable, experiencing only a slight decline of 1.65%. Albeit modest, the decline marked the end of eight consecutive months of revenue hikes. In total, Nevada’s 316 licensees posted total revenue of $1.29 billion. The slight decline […]
Business
April 25, 2024
Gambling.com’s Novel Media Strategy Pays Off
While most US sports media companies have pivoted to collaborations with leading operators, performance marketing firm Gambling.com Group has pursued a distinctive approach. In recent years, Gambling.com has forged partnerships with newspaper giants Gannett and McClatchy. These collaborations entail Gambling.com assuming responsibility for a significant portion of the newspapers’ digital sports betting coverage. Newspapers Still […]
Industry
April 25, 2024
Gaming Companies Should Be Vigilant as DDoS Attacks Increase, NETSCOUT Says
NETSCOUT, a provider of digital business services against disruptions in availability, performance, and security, has published its DDoS Threat Intelligence Report for 2023. The report highlights the dangers distributed denial-of-service attacks pose to the digital landscape. NETSCOUT reminded readers that DDOS attacks are not a hypothetical scenario but a real and growing threat. In 2023 […]
Business
April 25, 2024
SKS365 CEO Departs in the Aftermath of Lottomatica’s Takeover
Lottomatica has completed its acquisition of SKS365, the latter company announced. According to the announcement the SKS365 full ownership has now been transferred to Lottomatica, marking a new chapter for both companies. The agreement was completed through GBO, an indirectly wholly owned subsidiary of Lottomatica, which acquired SKS365 Malta Holdings Limited’s entire share capital. According […]
Business
April 25, 2024
Yolo Group Adds Gaming & Media Powerhouse as Director of Organic, Content and Distribution
Yolo Group has reinforced its team with Shane Anderson, a former Better Collective senior executive. The new hire, will serve the gaming, fintech and blockchain company as its new director of organic, content and distribution. Boasting years of experience in the gaming and digital media sectors, Anderson will reinforce Yolo Group’s content strategy and marketing […]
Business
April 24, 2024
Flows Strengthens DragonGaming with No-Code Automation
DragonGaming, a slots provider that seeks to shape the online entertainment realm, has successfully integrated Flows into its business. The critically acclaimed no-code automation platform is expected to greatly enhance the developer’s operational efficiency, allowing it to continue rolling out innovative titles. Flows’ unique capabilities allow it to support businesses by speeding up development and […]
Business
April 24, 2024
Evolution Posts Q1 Results, Signs Deal with Bet365
Evolution has published its quarterly report for the first three months of 2023, demonstrating a stable performance. The company’s metric increased across the board, underpinned by Evolution’s robust business strategy. In Q1, Evolution reported a 16.7% increase in operating revenues to EUR 501.5 million ($535.9 million). For context, the company reported operating revenues of EUR […]
Business
April 24, 2024
PointsBet Posts Q3 Results, Expresses Doubt about Further Tax Hikes
Australian iGaming and sports betting operator PointsBet has published its financial results for Q3 FY24, reporting positive trends across the board. In addition to posting favorable results, the company revealed that it is not too concerned about potential tax hikes in Australia. PointsBet’s report outlines a total sports betting handle of AUD 673.4 million ($437.6 […]