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Business
February 7, 2024
Kindred Names Nils Andén as Permanent CEO
Kindred Group, one of the world’s leading online gambling operators, announced that its board of directors has decided to appoint Nils Andén as the company’s permanent chief executive officer. For reference, the appointee has been serving as interim CEO for almost a year. Andén was named interim CEO back in May 2023 following Henrik Tjärnström’s […]
Business
February 7, 2024
Gaming and Leisure Properties Expands Portfolio with Tioga Downs Acquisition
Gaming and Leisure Properties, Inc. (GLPI) announced the acquisition of the real estate assets of Tioga Downs Casino Resort in Nichols, New York, from American Racing & Entertainment, LLC, for a sum of $175 million. GLPI Seals Tioga Downs Acquisition with $14.5 Million Annual Rent Agreement The agreement stipulates an initial annual rent of $14.5 […]
Business
February 6, 2024
Better Collective Finalizes Acquisition of Playmaker Capital
Better Collective announced that it has completed the acquisition of Playmaker Capital, a Toronto-based digital sports media group. This is notably Better Collective’s second-largest acquisition to date. The deal saw Better Collective acquire all of Playmaker Capital’s issued shares for a consideration of CAD 0.70 per share. Better Collective covered this deal both in cash […]
Business
February 6, 2024
Light & Wonder Teams Up with RubyPlay, Expands Deal with Everi Digital
Light & Wonder has unveiled a new partnership with RubyPlay that would provide it with access to the latter company’s content. As a result of the deal, Light & Wonder will secure a variety of cutting-edge games, such as the Immortal Ways series and its signature Immortal Ways mechanic. For reference, the mechanic gives players […]
Business
February 6, 2024
Nasdaq Approves Inspired’s Plan to Regain Its Compliance
Inspired Entertainment, a leading B2B provider of gaming content, technology, hardware and services, has secured approval for its compliance plan from the Nasdaq Stock Market. The plan is for the company to file a Form 10-Q for the quarter ended September 30, 2023, by February 28, 2024, at the latest. In addition to filing the […]
Business
February 6, 2024
Rivalry Eyes Strategic Expansion Following In-House Online Casino Success
Rivalry’s newest press release highlighted its ambition to redefine the future of online betting for the digitally native generation. Exiting 2023 as a transformed entity, the company has ventured into new verticals, broadening its scope. These efforts can lead to new B2B licensing opportunities, delivering lasting value and enabling further growth. Success across Multiple Verticals […]
Business
February 6, 2024
Evolution to Acquire Livespins in a $5.4M Deal
A few days after posting an impressive 2023 financial report, Evolution has unveiled a major acquisition deal. As announced, the leading B2B casino solution provider will acquire the socially charged product Livespins in a EUR 5 million (approximately $5.4 million) deal. Livespins, for reference, is an innovative product that allows players to bet behind their […]
Business
February 6, 2024
Sphere in Las Vegas Reports Strong Fiscal Second Quarter Results
Sphere Entertainment, the parent company of Sphere in Las Vegas, the premium entertainment and music arena, released its fiscal 2024 second quarter results. The period, encompassing the three months ended December 31, 2023, sheds light on the Sphere’s performance for its first full quarter, highlighting achievements and important partnerships inked during the period. The total […]
Business
February 5, 2024
Allwyn Secures 70% Stake in Instant Win Gaming
Lottery leader Allwyn announced that it has teamed up with Instant Win Gaming (IWG), a leading supplier of digital e-Instant and instant win games. According to the announcement, Allwyn has joined forces with IWG’s co-founders, Rhydian Fisher and Simon Bucknall, and will work with them to unlock new opportunities to innovate the instant win games […]
Business
February 5, 2024
Stake.com Taps into Enteractive’s Reactivation Solutions
Online casino powerhouse Stake.com has formed a partnership with Enteractive, a leader in player conversion and reactivation. Under the agreement, the latter party will support Stake’s existing CRM services with bespoke reactivation campaigns. The online gambling operator seeks to win back players and optimize its revenue. To that end, Enteractive’s campaigns will focus on the […]
