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Business
February 28, 2022
IGT Agrees to Sell Italian Proximity Payment Brands to PostePay for $785M
International Game Technology, а multinational slot machine and gambling tech producer, has revealed that it will sell its Italian proximity payment business to the prepaid card provider PostePay in a $785 million deal. IGT Will Use the Money to Pay Its Debts The agreement will see PostePay purchase LIS Holding directly from IGT and acquire […]
Business
February 28, 2022
Flutter Entertainment to Build for Sustainable Future Ahead
Flutter Entertainment is outlining the goals the company wants to achieve over the next decade or so. The company has set firm objectives for the year 2030 with one of its most important pivots towards energy sustainability. This is part of a three-pronged strategy for the future aptly dubbed “Positive Impact Plan.” Building Communities, Focusing […]
Sports
February 28, 2022
Kindred to Double Workforce as Proprietary Sportsbook Ambitions Increase
Kindred Group is looking to take end-to-end control of its sportsbook platform, the company has confirmed. As part of that, the group is expanding its recruitment drive in a bid to bolster trading capabilities and continue to keep up with demand for its sports betting product demand. Kindred Group to Focus on Future Sportsbook This […]
Industry
February 25, 2022
Di Loreto Steps Down from His Position as Nueva Codere’s CEO
Nueva Codere CEO Vicente Di Loreto is stepping down from his post in the company with a plan in place for his replacement. He will be succeeded by a pair of executives who will serve as co-chief executives. Nueva Codere Unveils New Leadership Alberto González del Solar and Alejandro Rodino will be taking the reins […]
Esports
February 24, 2022
DJ Esports Rebrands as Esportsbet.io with Clear Focus on Future
DJ Esports is keen to send an unambiguous message to what its product is all about and if esports betting is not uppermost on your mind, then the new name, Esportsbet.io, should communicate this succinctly. The Future Holds Esports and Crypto The rub is that Esportsbet.io‘s new name painfully smacks of Sportsbet.io, a Yolo Group […]
Industry
February 24, 2022
Super Group Expects Successful 2021, Preliminary Results Say
Super Group released its preliminary results for the full year 2021, expecting nearly 40% year-over-year revenue growth. Super Group Releases Preliminary Full Year 2021 Results Betway and Spin holding company, Super Group (SGHC), released its preliminary full year 2021 results on Wednesday. Super Group revealed that it expects its net gaming revenue (NGR) to exceed […]
Business
February 24, 2022
Delasport Obtains MGA License to Expand B2B Reach
Delasport, an iGaming company with over 25 years in the management and delivery of sports betting and gaming platforms, has expanded its international clout further through the acquisition of a Malta Gaming Authority (MGA) license. The new permit will allow the company to scale its business-to-business offering across Europe and jurisdictions that recognize the MGA […]
Business
February 23, 2022
Bally’s Creates Environmental, Social and Governance Committee
Bally’s Corporation released a strategy update, outlining that it established an official committee that will oversee the company’s environmental, social and governance (ESG) strategy. The company also said that Robeson Reeves will be serving as the chair of the new ESG committee. Bally’s Selects Robeson Reeves as its ESG’s Committee Chair Bally’s Corporation, the leading […]
Business
February 23, 2022
Flutter Announced Board of Directors and Committees Changes
Global gambling group Flutter Entertainment revealed in a regulatory release today certain changes to the Board of Directors and Committees effective the Annual General Meeting (AGM) on April 28, 2022. ‘Exceptional Contribution to the Board’ London Stock Exchange (LSE)-listed Flutter Entertainment announced that long-time serving director Michael Cawley would not be running for re-election at […]
Business
February 23, 2022
Esports Entertainment Reports First Revenue Decline in Over a Year
The full-service online gaming and esports company that specializes in the full spectrum of betting and gambling at all levels Esports Entertainment Group (EEG) made its financial results for the fiscal 2022 second quarter available to the public. The period that ended December 31 reflects a plethora of different challenges that the group could not […]