Business
August 16, 2022
Genius Sports’ Q2 Results Show Strong Growth
Sports data and tech company Genius Sports posted its financial results for the second quarter of the year. The company recorded high revenues, while its losses plummeted. Genius Sports’ Revenues Increased Genius Sports said it earned $71.1 million during the second quarter of the year. Notably, this number represents a 27% increase on the 2021 […]
Business
August 16, 2022
GIG: Positive Net Profit & 37% Revenue Increase for Q2
Leading iGaming platform and media provider offering world-class solutions to partners and customers Gaming Innovation Group (GiG) has released the reports for the second quarter of 2022. The provider has reported a revenue boost of 37% for Q2 2022 compared to the same quarter of 2021. Out of the increase, 24% was organic, helping the […]
Business
August 16, 2022
BetMakers Makes Amendments to NTD Venture Set to Launch in 2022
News Corp Australia and Tekkorp’s wagering venture called NTD Pty has agreed to purchase TexBet. TexBet is BetMakers’ SaaS platform customer and upon the completion of the purchase, BetMakers will receive IP and ownership rights and will support the migration to the NTD platform in exchange for a $2.5 million contribution. The Joint Venture Will […]
Business
August 16, 2022
EBet to Lay off Workers as Part of Profitability Plan
EBet, a global provider of advanced esports wagering products and technology, will be laying off over half of its workers. The company cited profitability goals as the reason for the drastic measures. EBet Announced Profitability Plan In May, EBet posted its results for the second quarter of the fiscal year. Although the company’s revenues rose […]
Casino
August 16, 2022
BETER Live to Reach New Audiences with SOFTSWISS
BETER, a provider of next-generation solutions for the iGaming industry across numerous verticals has announced a new collaboration with SOFTSWISS and the company’s dedicated Game Aggregator solution. SOFSTSWISS Game Aggregator reunites 12,000 casino games which makes it a powerful single-access point for integrating thousands of curated and player-favorite games when launching new partner casinos. BETER’s […]
Casino
August 16, 2022
OnAir Entertainment Introduces Auto Roulette as Latest Product
OnAir Entertainment has launched a new live casino product, Auto Roulette. The new product continues in the well-established company tradition of building immersive and intuitive live casino experiences that put the player in control. Auto Roulette is now exclusively available through Games Global. Auto Roulette Brings Great Ambiance, Look, and Gameplay A dedicated studio has […]
Casino
August 16, 2022
Livespins to Now Stream FUGASO Innovative Games
Livespins continues to add more companies to its portfolio of live streamed opportunities that elevate the online casino experience and transform spectators into active participants. The company, which focuses on creating a shared experience between viewers and casino streamers, has added FUGASO as the latest partner to its growing family. Great Stream-worthy Titles by Fugaso […]
Sports
August 15, 2022
Animal Capital and Other Investors Fund 20Shots
20Shots, a business-to-business developer of fantasy sports software, has received extra funding to power its business. Investors supplied the company with $482,334, helping it reach a valuation of $6 million. 20Shots Received Half a Million in Funding The success of Fantasy5, 20Shots’s Premier League-themed fantasy sports product, attracted the attention of notable investors, including Animal […]
Industry
August 15, 2022
Sightline Promotes Four Women to Leadership Positions
Sightline Payments, a provider of cashless payment solutions, has strengthened its team with four new promotions. The company picked four loyal employees and provided them with leadership roles. The four employees that Sightline opted to promote are Felicia Gassen, Kathleen Duffy, Katie Kuthe and Rose Zwirn. Each one of them has served the company for […]
Business
August 12, 2022
Flutter Entertainment Reports 9% Rise in H1 Revenue
After announcing a 6% revenue increase to £1.56 billion ($1.96 billion) during the first quarter of 2022 compared to Q1 2021, Flutter Entertainment has reported a revenue of £3.38 billion ($4.12 billion) for the six months that ended on June 30. The figure that was published in the 2022 Interim Results for the first half […]
