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Business News and Headlines
Business
December 22, 2023
Realistic Games Expands UK Presence through BetMGM Deal
The fast-growing supplier and developer of casino content, Realistic Games, announced a new deal, allowing it to grow its European footprint. On Friday, the company confirmed it signed a new content agreement with BetMGM, the renowned online gambling operator, for the regulated gambling sector in the UK. Thanks to the new partnership, customers of the […]

Business
December 22, 2023
Bragg Powers Superbet in Brazil with Online Casino Game Aggregation
The leading provider of iGaming solutions, content and technology, powering online and land-based gambling operators, Bragg Gaming Group, announced a new partnership focused on the gambling sector in Brazil. On Thursday, the company revealed it joined forces with Superbet, agreeing to deliver its aggregation platform for the operator. Besides going live with its aggregation platform, […]

Business
December 22, 2023
Analysts Bullish on MGM, LVS, Penn, Caesars Stock in 2024
Stocks that rely heavily on economic conditions and business cycles are called consumer cyclicals. Such stocks can include companies operating within the retail, housing, automotive and entertainment industries. This includes major gambling operators. According to a newly released report, Citi Research included two leading gaming and entertainment operators within its top choices for consumer discretionary […]

Business
December 21, 2023
GiG Completes KaFe Rocks Deal, Sets Out to Conquer the Casino Affiliate Sector
Leading iGaming tech company Gaming Innovation Group (GiG) has announced the completion of its acquisition of KaFe Rocks, a major online casino affiliate. The announcement was first announced in November and saw the tech giant acquire the affiliate in a EUR 35 million deal. According to GiG, the new acquisition will position its proprietary media […]

Business
December 21, 2023
Louisiana Betting Handle Soars in November, Sets New Record
The Louisiana Gaming Control Board (LGCB), the gambling regulator in the state, has announced its latest report, uncovering details regarding the performance of mobile and retail sports betting operators during November. Combined, the total handle reported by licensed retail and mobile betting operators last month hit $356.4 million. This figure confirms November was a busy […]

Business
December 21, 2023
Light & Wonder Launches Its Playzido Platform in Ontario
Gambling product and services powerhouse Light & Wonder has made further strides in North America thanks to the launch of its content creation platform Playzido in Ontario, Canada. This move follows Light & Wonder’s foray into South Africa, allowing it to tap into yet another major region. Through the company’s Playzido content creation platform, the […]

Business
December 21, 2023
Yolo Investments Unveils New €100 Million Fund Targeting Emerging Technologies
Yolo Investments, a leading investment firm specializing in gaming, blockchain, fintech, and emerging technologies, has officially launched its latest flagship investment fund, Yolo Fund II LP. This fund aims to raise a capital of €100 million and should bolster the company’s expansive portfolio in cutting-edge industries, aligning with its long-term goals. The Funding Will Maintain […]

Business
December 21, 2023
AvatarUX Appoints Lara Falzon as CEO as Nicola Longmuir Departs
AvatarUX, a developer of “dazzling slots that pop,” has reinforced its leadership team with a new chief executive officer. The one up to the task is the experienced Lara Falzon who will help the studio continue its impressive strides. Falzon is no stranger to the gambling industry, having previously served a variety of gaming companies. […]

Business
December 21, 2023
Michigan Betting Handle Sets Record in November amid ESPN Bet Launch
Earlier this week, the gambling regulator in Michigan, the Michigan Gaming Control Board (MGCB), released its latest report, uncovering details regarding the performance of commercial and tribal online gambling and betting operators. In total, gross receipts from sports betting and online gambling hit $209.2 million in November, representing a 1,9% increase when compared to the […]

Business
December 20, 2023
Americans Wager $79bn in a Record-Breaking Year
The American Gaming Association (AGA)’s recent report reveals an impressive surge in the US gaming industry, with Americans contributing to a remarkable 33% increase from the previous year’s betting volumes, setting the stage for a record-breaking year in the gaming landscape. While some segments performed better than others, the sector’s success is indisputable. The Sector […]
