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Gambling News - 'Global'
Business
February 16, 2024
Lottery.com Acquires SportLocker and Unveils Next-Gen Sports Entertainment Platform
Lottery.com, a prominent online lottery services provider, has made a strategic move in the digital entertainment landscape by acquiring S&MI Ltd, the parent company of SportLocker, and simultaneously launching it as Sports.com. This acquisition will see Sports.com emerge as a next-gen digital sports entertainment platform, blending innovative community-driven features with expansive content and technology. The […]
Business
February 15, 2024
SIS Signs Landmark Distribution Deal with Genius Sports
Sports Information Services (SIS), a leading supplier of nonstop live betting services, has negotiated a “landmark distribution deal” with sports tech specialist Genius Sports. As a part of the tie-up, the latter company will distribute SIS’s Competitive Gaming product. Under the deal, Genius Sports will leverage its extensive sportsbook network to help SIS expand its […]
Business
February 15, 2024
Playtech Live, Sony Prolong Who Wants to Be a Millionaire? Deal
The leading supplier of technology and games, powering the online gambling industry across the globe, Playtech, announced it extended its existing partnership with Sony Pictures Television for the provision of games based on the famous Who Wants To Be A Millionaire? TV quiz show. The company uncovered details regarding the latest partnership extension on Thursday. […]
Business
February 15, 2024
Betsson Posts Record-Breaking FY 2023 Report
Betsson has published its full-year report for 2023, reporting very strong results despite a few small setbacks in Q4. The overall group revenue continued to increase to all-time-highs throughout the year but the sports betting segment experienced a slight decline in the final quarter. In Q4 2023, Betsson reported group revenue of EUR 251.9 million […]
Business
February 15, 2024
FDJ Reports Solid Growth and Strong Results for 2023
France’s leading lottery and betting operator, La Française des Jeux (FDJ), released its latest financial update, highlighting strong growth of revenue and recurring EBITDA for 2023. The report, released Wednesday, reveals the company reported €2.62 billion ($2.82 billion) in revenue, a result that marked a year-over-year increase of 6.5%. A breakdown provided by FDJ confirmed […]
Business
February 14, 2024
Entain Shares Drop 4% After MGM Excludes Takeover Bid
Recently, MGM Resorts’ chief executive officer, Bill Hornbuckle, was asked about any change of heart following the company’s latest public statement on the acquisition bid topic. His answer led to a 4% drop in Entain’s shares. Last fall, it was speculated that MGM Resorts would possibly make a new acquisition bid for global gaming giant […]
Business
February 14, 2024
GAN Shareholders Give the Thumbs Up to Sega Sammy Merger
Most GAN shareholders have approved the company’s looming acquisition by Sega Sammy. The deal, originally announced in August, will see the company’s B2B and B2C iGaming business acquired by the Japanese gaming powerhouse. As it turns out, 95% of the company’s shareholders support the merger. For reference, the latest shareholder meeting was attended by people […]
Business
February 14, 2024
MGM Resorts Posts Exceptional Q4 and 2023 Results
The leading US and international gambling, entertainment and hospitality company, MGM Resorts International, released its latest unaudited financial report Tuesday. The company disclosed details regarding its performance for the fourth quarter of 2023 as well as the full year, highlighting strong growth in revenue pushed by exceptional results from MGM China. For 2023, MGM Resorts […]
Business
February 14, 2024
Catena Media Updates Financial Goals as CEO Daly Targets AI Supremacy
Catena Media CEO Michael Daly has commented on the company’s AI capabilities in the wake of the company’s Q4 report. While he dubbed the financial results “disappointing,” Daly believes that the affiliate has an edge over its rivals when it comes to artificial intelligence. The firm has long been investing in AI solutions, seeking to […]
Slots
February 13, 2024
Endorphina Captures the Essence of Gaming in 2024 Hit Slot
Endorphina has released a brand new addition to its Hit Slot series. The new game, called 2024 Hit Slot, will allow fans to once again experience the best the studio has to offer. 2024 Hit Slot Metrics The Game Will Deliver the Performance of a Lifetime Boasting high-end graphics and immersive gameplay, Endorphina’s latest Hit […]