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Gambling News - 'Global'
Slots
July 25, 2024
Stakelogic Releases Emperor’s Champion With up to 12,500x Max Win
Casino games studio with a goal to offer state-of-the-art titles that can “change the way players play,” Stakelogic, has announced the launch of Emperor’s Champion. The new 5×4 video slot counts 20 paylines, has variable RTP, and a maximum win potential of up to 12,500x the bet, which means it caters to the needs of […]
Business
July 24, 2024
High Euro 2024 Activity Bolsters Kindred’s H1 Report
Kindred Group has published its unaudited H1 report, highlighting increases across the board, driven by the company’s favorable performance in the second quarter of the year. CEO Nils Andén praised the solid quarter, saying that it builds on the solid start to 2024. In Q2 2024, the company reported a total revenue of £327.6 million […]
Business
July 24, 2024
Kambi Posts Favorable Q2 Metrics, Driven by Busy Sports Season
Kambi Group has published its financial report for the second quarter of the year, reporting a slight increase to €45.7 million ($49.6 million). The 3% increase in turnover would have stood at 20% instead if not considering the impact of the Penn online migration. Operating profit for the period, on the other hand, reached €6.2 […]
Business
July 24, 2024
AI-Powered Start-Up PlayAIO Secures Milestone Investment
In a milestone event, data-driven AI start-up PlayAIO raised significant funding from Astralis Capital via its fund, Astralis Fund I. Equally important, it is the first time this company has entered a new gaming incubation strategy, underlining the substantial potential of PlayAIO. With more promising start-ups embracing AI technology, the gambling sector may soon enter […]
Business
July 23, 2024
EveryMatrix’s Q2 Report Highlights Record Quarterly Profit Margin
Leading iGaming tech supplier EveryMatrix has posted its Q2 results, reporting its highest-ever quarterly profit margin. The tier-1 provider announced that its revenue for the period stood at EUR 42.4 million ($46 million) across all products, marking and increase of 57% year-on-year. In addition, the company set an all-time-high profit margin of 59%. According to […]
Slots
July 23, 2024
Evolplay Releases Young Wolf Song With Two Bonus Games
Evoplay, the award-winning developer of online casino video slots that are “meticulously crafted to captivate players with their diverse range of mechanics, features, and themes,” has announced the fresh release of Young Wolf Song. The game features the same types of innovative gameplay and immersive storytelling that fans of the studio that has recently received […]
Industry
July 22, 2024
US Geolocation Sector Sees Intense Competition
Competition within the geolocation sector increases as more geolocation services pop up, SportsHandle reported. GeoComply and EPIC used to be undisputed leaders in their respective sectors but the market of today is much more saturated and competitive. SportsHandle discussed the matter with representatives of the two companies, who said that the increased competition is something […]
Business
July 22, 2024
Entain Appoints Gavin Isaacs as New Chief Executive Officer
Entain plc, one of the largest sports betting and gaming groups in the world built on proprietary technology, has announced the appointment of Gavin Isaacs as its new chief executive officer. Isaacs, who is currently taking on a non-executive director position at Games Global Limited, will bring his two and a half decades of experience […]
Business
July 22, 2024
Elon Musk’s X Teams Up with Genius Sports for New Ads Tool
In anticipation of a summer filled with significant sporting events like the Olympic and Paralympic Games, X (formerly Twitter) has partnered with Genius Sports to launch an innovative advertising tool called Trend Genius. The product uses live conversations on X to maximize ad spending during periods of peak engagement. Genius Sports and X Launch Trend […]
Business
July 19, 2024
Evolution Reports Mixed Q2 Results Amidst Strategic Shift
Live casino giant Evolution has reported mixed results for Q2 2024, reflecting high growth in its live segment but slow performance in its RNG division. Despite rising investor uncertainty following the report, Evolution CEO Martin Carlesund remained optimistic, highlighting several positive developments that should lead to long-term gains and cement the company’s leadership position. Many […]