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Business
October 5, 2023
NagaCorp’s Financial Confidence Rises with Improved VIP Gaming
Prominent Hong Kong-listed casino operator NagaCorp remained confident it would fulfill its financial commitments, particularly as it approaches the maturity date of its outstanding senior notes in July 2024. This optimism is underpinned by the company’s bolstered cash reserves, significantly enhanced due to the stellar performance of its flagship property, the Cambodian integrated resort NagaWorld. […]
Business
October 4, 2023
Paddy Power to Close 21 Shops, Promises to Support Affected Employees
Irish gambling company Paddy Power is set to close several shops in the country, local media outlets announced. According to the reports, the operator will be shutting down a total of 21 of its retail locations across Ireland. The company plans to close the venues in question because of their failure to perform well enough. […]
Business
October 4, 2023
Mkodo Provides Geolocation Services to the Arizona State Lottery
Mkodo, a Pollard Banknote-owned supplier of mobile and front-end technology, has made a foray into the United States thanks to a partnership with the Arizona State Lottery. Under the agreement, the former company will supply the lottery operator with its robust geolocation tool, GeoLocs. GeoLocs is a reliable geolocation service that Pollard Banknote and mkodo’s […]
Business
October 3, 2023
Allwyn Rebrands Camelot Illinois as Allwyn North America
Allwyn, a major international lottery company, has unveiled its intentions to rebrand Camelot Illinois, one of its subsidiaries, as Allwyn North America. The move follows Allwyn’s acquisition of the Camelot Lotteries Solutions group and reflects the former company’s ambition to form a consistent brand identity. According to Allwyn’s official announcement, the rebranding is in line […]
Business
October 3, 2023
Amelco Continues European Expansion with Hungarian Tech Hub
The sports betting and platform supplier, Amelco, continues to expand its presence in Europe. The company has announced that it created a new tech hub office space located in the city of Pécs, Hungary. The new office location of the company complements its ongoing growth and is expected to play a pivotal role in its […]
Business
October 2, 2023
Super Group Exits India Following the Introduction of New Regulations
Super Group, a holding company for leading global online sports betting and gaming businesses, has announced its departure from the Indian market. The announcement comes in the wake of the introduction of amendments to the Indian Goods and Services Tax. Into power as of October 1, these changes would cause trouble for the group, making […]
Business
October 2, 2023
Soft2Bet Onboards Martin Collins as Chief Business Development Officer
Leading provider of player account management (PAM) platform services for sportsbook and iGaming operators, Soft2Bet, has appointed Martin Collins as its Chief Business Development Officer. Collins brings a wealth of experience in the iGaming sector and will drive Soft2Bet’s growth and expansion in the global B2B betting and gaming markets, helping the company stand out […]
Industry
October 2, 2023
Macau Reports Impressive Gaming Revenue Increase for September
The gambling province of Macau has reported an extraordinary surge in gaming revenue for September 2023, showcasing its resilience and rapid recovery. Although the MOP 14.9 billion ($1.85 billion) falls below August’s results, this remarkable recovery indicates a positive trend amidst the challenges of the COVID-19 pandemic and changing government policies. Most Metrics Recorded Substantial […]
Business
October 2, 2023
Entain Completes Its $100M Acquisition of Angstrom Sports
Entain, a global sports betting and gaming company, has confirmed the acquisition of Angstrom Sports, a company specializing in the provision of next-gen sports modeling, forecasting and data analytics. Under the agreement, first announced in July this year, Entain will pay an initial consideration of $98.5 million for the acquisition. Additional payments totaling up to […]
Industry
September 29, 2023
Playtech, Flutter, and Lottomatica Explore Acquisition of SKS365
SKS365 Malta Holdings has officially engaged in dialogue with Playtech as the major player in the global iGaming industry confirmed its interest in pursuing an acquisition. A successful deal would significantly strengthen Playtech’s presence in the lucrative Italian iGaming market, but interest from competitors Flutter Entertainment and Lottomatica may mean a harsh negotiation process. Playtech […]
