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Business
October 1, 2024
Gentoo Media and GiG Software Complete Long-Planned Business Split
Gaming Innovation Group has officially completed its strategic business split into Gentoo Media and GiG Software. According to the announcement, the division was finalized on September 30. Gentoo Media Hailed the Split The company’s split has been several months in the making and has now finally been enacted. Gentoo Media will therefore continue as an […]
Business
October 1, 2024
Acroud Delays Bond Interest Payment via Standstill with Holders
The fast-moving challenger in the space of iGaming affiliation and B2B SaaS solutions, Acroud, confirmed it postponed interest payment on outstanding bond loans until further notice. Restructuring Effort Impacts Bonds Interest Payment Confirmed this week, the announcement affects SEK 225 million senior secured bonds with an interest payment due on October 7, 2024. The main […]
Business
September 30, 2024
Playtech Posts Growth in H1 2024, Analysts Warn of Potential Risks
Playtech, the leading technology company founded more than two decades ago, released its results covering the six months ended June 30, 2024. On Monday, the company disclosed its interim financial results, pointing to a single-digit revenue increase while acknowledging it remains on track to meet medium-term targets in FY24. The Company’s H1 2024 Revenue Increased […]
Legal
September 30, 2024
Shareholder Lawsuit May Derail Apollo-Everi Acquisition
Dan Clancy, a shareholder of Everi Holdings, on Wednesday, 25 September, filed a suit to block the proposed $6.3 billion deal by Apollo Global Management to acquire the company. The lawsuit accuses Everi’s board of directors of violating securities laws by submitting a misleading and incomplete proxy statement regarding the deal. The Deal Has Significant […]
Poker
September 30, 2024
Poker Icon and Legendary Gambler Archie Karas Passes Away
One of the most iconic gamblers and Las Vegas legendary players, Archie Karas, reportedly passed away at 73. A recently posted thread on AzBilliads Forums confirms the passing of the legendary player, who is famous for a winning spree called “The Run,” which saw him accumulate tens of millions of dollars in several years back […]
Blockchain
September 27, 2024
Binance Collaborates with India Authority, Brings Down Massive Scam
The largest cryptocurrency exchange, Binance, recently helped law enforcement in India to bring down a large-scale scam valued at nearly $50 million. Pig-Butchering Scheme Dismantled The fraudulent action involved an app called Fiewin that lured users into an infamous “pig butchering” scheme by offering easy earnings and low risk. The scammers used a range of […]
Business
September 25, 2024
Flutter Sees Double Profit by 2027, Presents $5bn Share Buyback
The leading global betting and gaming company, Flutter Entertainment, is fairly optimistic about the future. Namely, the upcoming two years which the online betting company believes will bring it around $5 billion, which is more than double this year’s core profit expected to reach $2.5 billion. The bold projections were made on Wednesday when Flutter […]
Poker
September 25, 2024
ACR Poker, Ready for Venom Warmup and Dual Tourneys in October
ACR Poker, the 2001-founded iconic online poker site that serves parts of the United States, Canada, Latin America, and a few other countries, has announced a particularly interesting October for fans of the game. Namely, the platform that was originally known as Americas Cardroom until its July 2023 rebranding, will start the month with the […]
Sports
September 24, 2024
Stats Perform Secures Video Betting Rights for SPFL and SWPL
Stats Perform, a leading sports technology company, has secured exclusive rights to distribute video content of the Scottish Professional Football League (SPFL) and the Scottish Women’s Premier League (SWPL) internationally. Stats Perform Secures a Heavyweight Set of Rights As the new partner of the SPFL and the SWPL, Stats Perform will replace IMG Arena and […]
Industry
September 24, 2024
BetBlocker to Launch Portuguese Language Support at SBC Summit
Gambling harm prevention specialist BetBlocker is set to launch a Portuguese version of its self-exclusion software. This move will allow even more people to leverage its cutting-edge capabilities to get in control of their gambling habits. The Software Will Tap into the Portuguese-Speaking Community The Portuguese version of the award-winning software is set to be […]
