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Business
April 2, 2024
Advent International to Take Nuvei Private Under New Agreement
The leading payment technology provider, powering companies across the globe, Nuvei Corporation, announced a new strategic agreement. On Monday, the company confirmed it has entered into a definitive arrangement agreement to be taken private by the leading and most experienced global private equity investor, Advent International. The latest move is supported by the company’s holders […]
Business
March 28, 2024
Allied Gaming Reports 21% Increase in Revenue for 2023, Cuts Costs
The fast-growing esports entertainment and gaming company with a global presence, Allied Gaming & Entertainment (AGAE), released its latest financial update, highlighting key details for its performance during the fourth quarter and full year 2023. The company reported strong growth in revenue, complemented by a decrease in costs and expenses. In total, AGAE’s revenue for […]
Business
March 28, 2024
Conexus Group Launches M&A Advisory Firm Conexus Capital
The portfolio of world-class businesses that specialize in the provision of recruitment, training, consulting, Mergers & Acquisitions (M&A) Advisory, marketing, and managed services, Conexus Group, has announced the launch of a specialist M&A advisory firm. As announced by the group with offices all around Europe, the US, and the Asia Pacific region, the new firm, […]
Business
March 27, 2024
Allwyn Reports Solid Results and Growth in Q4 and 2023
The leading lottery company with a strong presence across the globe, Allwyn, released its latest financial update Wednesday. The company uncovered details regarding its performance for the fourth quarter and full year 2023. Besides the preliminary figures, Allwyn highlighted achievements completed during and after the trading period which ended December 31, 2023. For the twelve […]
Business
March 27, 2024
Playtech Publishes Strong FY 2023 Results, Posts Optimistic Outlook
Playtech, a leading provider of gaming platform, content and services, has published its FY 2023 results, reporting an increase in revenue and adjusted EBITDA. The supplier reported strong performance across both its B2B and B2C segments and a resilient balance sheet. The company reported revenue of EUR 1.7 billion ($1.84 billion), representing an increase of […]
Business
March 27, 2024
MyPrize Closes Funding Rounds, Enjoys Enterprise Value Soar to $140M
The first online crypto casino, promising to revolutionize the gambling industry thanks to multiplayer capabilities, MyPrize, is preparing to launch its platform and technology this spring. Ahead of the launch, the company confirmed it completed two funding rounds, raising some $13 million. Thanks to the recently completed funding rounds, MyPrize’s enterprise value soared to a […]
Business
March 26, 2024
Bragg Gaming Releases Strong 2023 Results, Updates Guidance
Bragg Gaming Group, a global provider of iGaming tech, has published its Q4 and FY 2023 results, reporting very favorable figures. The company subsequently updated its growth targets for 2024. In Q4 2023, revenue decreased by 1.4% to $25.2 million, reflecting the revised commercial terms with a key strategic partner. Betting handle, on the other […]
Business
March 26, 2024
888 Confirms FY 2023 Results, Expresses Optimism about 2024
Gambling group 888 has posted its FY 2023 results, highlighting its performance in the year ended December 31. The figures confirm some of the figures first announced in January. In 2023, 888 recorded revenue of £1.71 billion ($2.16 billion) – a figure that was affected by the company’s dotcom exits, safer gambling-related changes in the […]
Business
March 26, 2024
888 Unveils Potential Rebrand Following FY 2023 Results
London-listed gambling operator 888 has unveiled a comprehensive value creation plan (VCP) following its full-year 2023 results, which saw a significant 38% increase in reported revenue. The company has outlined priority targets for the upcoming year, revealing potential changes such as a rebranding to evoke plc, subject to shareholder approval at the 2024 AGM. Ongoing […]
Poker
March 26, 2024
Alexandra Botez Is GGPoker’s Latest Brand Ambassador
Popular online streamer and top-tier chess player Alexandra Botez has proudly joined the GGPoker team as its latest brand ambassador. “I’m So Happy to Be on Team GG!” Botez will bring her excellent strategic insight and undeniable charisma to the complex world of poker not only online, but also in real life, as announced by […]
