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Gambling News - 'Global'
Business
November 13, 2024
L&W’s Q3 Remains Strong Despite Court Loss Against Aristocrat
Leading cross-platform game developer Light & Wonder has reported its Q3 financials, highlighting a strong balance sheet despite its court loss against Aristocrat. As the company’s surge continued, it recorded its 14th consecutive quarter of year-on-year growth. The Business Remained Strong According to its Q3 report, Light & Wonder recorded Q3 revenue of $817 million, […]
Poker
November 13, 2024
ACR Poker Unveils 15 WSOP Paradise Packages for $50M GTD Super Main Event
If spending December in the Bahamas at a luxury resort with “top-tier amenities and stunning oceanfront views” sounds good to you, don’t miss out on the chance to qualify for the WSOP Super Main Event at the stunning Atlantis Resort. The event will feature the largest guaranteed prize pool in poker history, with a ground-breaking […]
Blockchain
November 12, 2024
Crypto Casino and Sportsbook BetHog Launches with $6M Seed Funding
BetHog, a fresh cryptocurrency casino and sportsbook from the founders of FanDuel has successfully conducted its Alpha launch. The company announced it has raised $6 million in seed funding. The round was led by investing firm 6MV, with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and other prominent investors, boding well for its […]
Business
November 12, 2024
IGT Posts Strong Q3 Report Despite Slight Declines Across the Board
IGT, a global leader in gaming technology and content, has published its financials for the third quarter of the year, highlighting the strength of its business. The company also published its current forecasts for the FY results. Revenue Slowed Down But the Results Remained Strong Among other things, the company reported Q3 revenue of $587 […]
Business
November 12, 2024
Aristocrat Agrees to Sell Plarium to Modern Times Group
Globally recognizable gaming and entertainment company Aristocrat Leisure Limited announced its plans to divest a strategic asset. Plarium’s Divestment to Fuel Aristocrat’s Long-Term Growth Strategy Today, the company confirmed it has entered into a binding agreement for the sale of Plarium Global Limited, a leading mobile games developer by its subsidiary, Pixel United Holdings Limited, […]
Business
November 12, 2024
Oddschecker Discontinues Betting Professor Amid Substantial Losses
Oddschecker has pulled the plug on The Betting Professor, its paid tipping service, after it bombed and lost a lot of money. Oddschecker Faces Backlash Over Betting Professor’s Claims Oddschecker made this call just three months after rolling out the service in August 2024. It had hyped it up as a special perk for those […]
Insider
November 11, 2024
Catie Di Stefano: “Personalization in the gambling industry is essential”
Catie Di Stefano, Marketing Director at Smartico speaks with GamblingNews discussing how personalization is transforming the gambling industry, driving player loyalty, and setting new standards for engagement and retention. Q: Why is personalization important in the gambling industry? Personalization in the gambling industry is not just important, it is essential. With countless operators available, a […]
Industry
November 8, 2024
Casino Guru Helps Settle $1.35M Dispute, Supports Players’ Rights
Disputes within the gambling vertical are not uncommon, especially in the digital age. While in some cases operators may be the ones to blame, in others, insufficient compliance or missing documents by gamblers may result in temporarily halting the collection of payouts. In one similar case, the recognizable online casino information source offering services that […]
Poker
November 8, 2024
ACR Poker Introduces $20M GTD Winter Online Super Series
The popular poker platform will run a massive online poker event series, dubbed the Winter Online Super Series or WOSS, from November 10 through November 25. The series is said to feature at least $20 million in guaranteed prize pools, but the target is likely to hit above this mark. ACR Poker Announces a Massive […]
Business
November 7, 2024
Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials
Catena Media is eyeing new cost-cutting measures after challenging third-quarter results in 2024. The Malta-based company, specializing in digital marketing for the online gambling sector, saw its quarterly revenues dip by one-third, from EUR 15.9 million ($17.2 million) to EUR 10.7 million ($11.58 million) year-on-year. These results mark a trend of revenue decline that CEO […]