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Business News and Headlines
Business
February 5, 2024
Kindred: Only 3.1% of the Q4 Revenue Came from Harmful Gambling
Kindred Group has released another update on its Journey towards Zero, an initiative that has seen the company minimize the funds it takes from problem players. According to Kindred, only 3.1% of its revenue in Q4 2023 came from harmful gambling. This is an improvement from Q3 when the company took 3.3% of its revenue […]

Business
February 5, 2024
Kindred’s Unibet Partners with Optimove for CRM Marketing Solutions
Kindred Group, the worldwide leading online gambling operator with business spread across North America, Australia, and Europe, has announced an important partnership agreement with Optimove, the number one customer relationship management (CRM) marketing solution provider for the iGaming industry. According to the terms of the new deal, Optimove will help Kindred’s flagship brand, Unibet, grow […]

Business
February 5, 2024
Klas Winberg Joins Videoslots as CCO
Videoslots has welcomed Klas Winberg as its new chief commercial officer. Described as a “visionary leader with two decades of iGaming excellence,” Winberg will now be tasked with driving success for the online casino company. According to Videoslots, the new appointee is a performance-driven professional with a long history of success in iGaming. Prior to […]

Business
February 5, 2024
Alea Names Jordi Sendra and Ramon Glieneke as CEO and COO
Alea, a live data-driven casino game aggregator, has welcomed Jordi Sendra as its new chief executive. The new appointment follows incumbent CEO Alex Tomic’s decision to step down. This marks a major shift for the firm as Tomic has been at the helm ever since Alea was founded in 2012. The current chief will step […]

Business
February 5, 2024
Entain Presses on with Management Reshuffles as Peter Marcus Takes His Leave
Entain group operations director Peter Marcus will allegedly leave the company after an impressive eight-year stint. Marcus joined the multi-brand entity in September 2016 as the managing director for the group’s Casino Club brand and later ascended to his current position in June 2018. His departure, scheduled for the end of June 2024, will necessitate […]

Business
February 2, 2024
GiG Appoints Ryan Collinge as SVP of Business Development
Leading iGaming technology company that provides solutions, products, and services to iGaming operators, Gaming Innovation Group (GiG), has appointed Ryan Collinge as the new senior vice president of business development for Platform and Sportsbook. The news comes in the context of the company’s ongoing efforts to improve its commercial expertise and expand the reach of […]

Business
February 2, 2024
Rank Group Enjoys Strong Results, Remains Optimistic about UK Growth
The Rank Group released its latest interim results, uncovering details regarding its progress over the six months ended December 31, 2023. The company referred to the period as H1 2023/24, with results pointing to an increase in net gaming revenue (NGR) year-over-year. Besides financial data, Rank Group released details regarding its expectations for 2024 in […]

Business
February 2, 2024
Xace Acquires MFSA Licence, Boosting Its Growth in the EU
The Malta Financial Services Authority (MFSA) has granted a license to Xace, the specialist financial institution that offers accounts and payments for the iGaming industry with licenses in Canada, Malta, and the UK. Xace to Accelerate Its Growth in the EU Thanks to the new certification, the pioneering payment provider that offers segregated and named […]

Business
February 2, 2024
Crucial Compliance Confirms Restructuring of Product Range
Crucial Compliance is a leading provider of compliance solutions, powering the operations of gambling companies across the globe. The company leverages innovative proprietary technology and provides a wide range of compliance-related services. Ultimately, Crucial Compliance allows companies to scale up their operations while meeting compliance standards within different jurisdictions. Recently, the company confirmed an important […]

Business
February 1, 2024
Endeavor to Merge IMG ARENA into OpenBet
Global sports and entertainment company Endeavor announced its intention to merge its global sports betting and data businesses, OpenBet and IMG ARENA. According to the announcement, IMG Arena will be integrated under the OpenBet banner. As a part of OpenBet, IMG ARENA will continue to offer its sports data, integrity and fan engagement products. The […]
