Gambling News - 'Global'
Casino
February 14, 2025
Aristocrat Rethinks Its Approach to Social Gaming
Aristocrat Leisure Limited has said that it will be making changes to its social gaming business, with the company dropping Plarium Global Limited, part of the company’s portfolio of assets in the social vertical particularly. New Game Development on Hold in Big Fish Games As a result of this, Aristocrat is also rebranding Pixel United […]
Business
February 13, 2025
MGM Resorts Posts Strong 2024 Report Despite Mixed Q4
Gaming giant MGM Resorts has posted its results for 2024, reporting an all-time high net revenue, underpinned by the steady growth of MGM China. The BetMGM digital business, on the other hand, is nearing profitability. The Q4 Report Was Mixed The fourth quarter of the year saw MGM Resorts report consolidated net revenues of $4.3 […]
Business
February 12, 2025
Light & Wonder Promotes from Within, Names Nathan Drane CPO
Light & Wonder, an American leader in the provision of gambling products and services, announced that it has enhanced its leadership with the appointment of a new C-suite member. The company clarified that long-term member Nathan Drane will assume the role of chief product officer and oversee the B2B company’s pipeline. The appointment comes a […]
Sports
February 11, 2025
Allwyn Joins Formula 1 as Official Partner, Vows to Empower Fans
International lottery giant Allwyn has unveiled a major new partnership with Formula 1. Coming just in time for F1’s 75th anniversary, the tie-up will celebrate the sport, promoting the excitement of professional racing. Allwyn Joins F1 as Official Partner According to the official announcement, the deal will increase Allwyn’s global awareness, cementing the company as […]
Business
February 11, 2025
Entain CEO to Change Again with Gavin Isaacs’ Departure
The global sports betting and gaming group, as well as FTSE100 company, Entain plc, announced unexpected changes to its senior-level team. On Tuesday, the company confirmed that its newly appointed Chief Executive Officer (CEO), Gavin Isaacs, is stepping down from his role. The Company Will Once Again Seek New CEO It was back in July […]
Business
February 11, 2025
Catena Media Posts Weak 2024 Results, Remains Confident in Its Strategy
Affiliate powerhouse Catena Media has published its year-end report for the period January-December 2024. Despite a noticeable decline in revenue, the company remains confident that its business strategy will soon pay off. Optimization Measures Stabilized EBITDA in Q4 In Q4 2024, Catena Мedia reported EUR 10.2 million ($10.5 million) in revenue from continuing operations. This […]
Industry
February 11, 2025
Google Confirms Update to Its Gambling and Games Policy
The American multinational corporation and technology company focusing on search engine technology, online advertising and software, Google, announced it plans changes to its policies regarding the advertising of gambling and games. Ahead of the implementation of the changes in April, the company released a preview of the new guidelines. Gambling Advertisement Policies Overhaul to Come […]
Insider
February 11, 2025
ClickOut Media on NFTs in iGaming: The End of the Hype, or Just the Beginning?
Once a $17.6 billion industry in 2021, NFTs have seen a sharp decline, with trading volumes dropping 19% by 2024 and sales falling from 60.6 million to just 49.8 million. Even some of the most iconic collections, like Bored Ape Yacht Club and CryptoPunks, are now struggling to stay relevant, while over 98% of new […]
Industry
February 10, 2025
Gambling Firms Accused of Illegally Sharing User Data with Facebook
A recent investigation unearthed some concerning information pointing to dozens of UK gambling platforms that reportedly shared sensitive user data with Facebook parent company Meta without permission. Such actions could constitute a significant violation of data protection laws, raising mounting concerns about privacy and ethical marketing tactics within the gambling industry. Violations Were Surprisingly Common […]
Business
February 10, 2025
Superbet Announces Important €1.3B Injection of Capital
Superbet, the Romanian group that wants to “bring exciting, technology-powered entertainment in Sports & Gaming to millions of customers around the world,” has completed a €1.3 billion ($1.34 billion) refinancing agreement with Blackstone. The agreement, which was also backed by funds managed by HPS Investment Partners, was officially announced on February 7. On Track with […]