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Business
March 4, 2025
Adventure Box to Spend $16M on iGaming Assets Acquisition
Adventure Box Technology, a Swedish computer game technology company based in Stockholm, announced that it has entered into a non-binding Letter of Intent to purchase a portfolio of iGaming assets. This move reflects Adventure Box’s continued intense M&A activity. Adventure Box Seeks Affiliate Marketing Growth According to the announcement, the new assets will highlight the […]
Industry
March 3, 2025
Elon Musk Equates Investing in Meme Coins to Casino Gambling
In a recent podcast with Joe Rogan, Elon Musk warned investors that meme coins are akin to gambling, despite him previously also supporting Dogecoin. Elon Musk Criticizes Meme Coins Elon Musk recently went on the popular Joe Rogan Experience to talk about various subjects with the titular host of the show. One of the topics […]
Industry
March 3, 2025
Prediction Markets Ask You to Bet on the Pope’s Health and Successor
Prediction markets came with a promise to make it fun to place a bet on the outcome of certain events that lay outside the purview of most legalized sportsbooks in the United States – politics comes to mind. Betting on Pope’s Health Raises Objections, Generates Money Kalshi launched its offer just in time for the […]
Sports
February 28, 2025
ALT Sports Data to Develop Betting Odds for Formula 1
Formula 1 (F1), the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l’Automobile, has unveiled a new gaming-oriented partnership. ALT Sports Data Joins F1 as Official Betting Data Supplier According to the official announcement, ALT Sports Data, a company that provides operators with a seamless path […]
Business
February 27, 2025
GiG Software Publishes 2024 Report, Expresses Optimism Despite the Challenges
GiG Software, a leading business-to-business provider of iGaming technology, has posted its report for Q4 and FY 2024. The report highlighted mixed results in the wake of GiG’s historic business split into GiG Software and Gentoo Media. GiG Software Reports Suboptimal Q4 Results For the fourth quarter of the year, GiG Software reported underlying revenue […]
Business
February 26, 2025
Light & Wonder Will No Longer Offer Live-Dealer Games
Officials talked about Light & Wonder’s 2024 Q4 earnings, explaining many things about the company’s future, including the scrapping of live-dealer games. Light & Wonder Ditches Live-Dealer Games Light & Wonder, a prominent US land-based and iGaming company, announced that it would cease operations of its live-dealer games. The news comes from CEO Matt Wilson […]
Business
February 26, 2025
Kambi Posts Stable 2024 Report But Modest Guidance Alienates Investors
Kambi Group has published its Q4 and FY 2024 results, highlighting a slight increase in revenue. Despite that, the company’s modest guidance caused its shares to take a dip. Kambi’s Results Were Mostly Stable In its report, Kambi reported revenue of EUR 44.5 million ($46.6 million) for Q4 and EUR 176.4 million ($185 million) for […]
Business
February 26, 2025
Super Group Reports Record Q4 Revenue and Strong Global Growth
After its shares spiked following optimistic preliminary, unaudited financial results for Q4 and FY 2024 in January, and following a €1.3 billion ($1.34 billion) refinancing deal inked with Blackstone earlier this month, Super Group has fresh news. The popular Spin and Betway operator has reported a record-breaking fourth-quarter revenue of €500 million ($525 million), marking […]
Business
February 26, 2025
IGT Revenue Slightly Down in 2024 But Business Remains Strong
Gaming leader IGT has published its Q4 and FY 2024 report, outlining a slowdown in revenue and debt reduction successes. The Company’s Financials Remain Strong Despite Fluctuations In Q4, the company reported revenue of $651 million, down 4% year-on-year. Despite that, instant ticket and draw game sales remained strong. The company posted income from continuing […]
Business
February 24, 2025
SharpLink Secures Stake in CryptoCasino Owner Armchair Enterprises
SharpLink Gaming, a provider of online marketing to the iGaming and sports betting industries, announced that it has secured a stake in Armchair Enterprises Limited, the owner and operator of CryptoCasino.com. This investment, according to SharpLink Gaming, is in line with its ambition to expand into the lucrative cryptocurrency gaming market. SharpLink Makes a Foray […]
