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Business News and Headlines
Business
December 12, 2024
OLG Boosts Online Gaming As Private-Sector Rivals Grow
The Ontario Lottery and Gaming Corporation (OLG) is stepping up its game to hold its ground in the competitive Ontario iGaming scene, following advice from the Auditor General’s 2022 review. This action comes as the corporation feels the heat from private companies since the province opened up its online gambling market in April 2022. OLG […]

Business
December 12, 2024
VICI Properties Teams Up with IGP to Grow Canadian Gaming Portfolio
VICI Properties Inc., a key player in experience-based real estate, has struck a deal to change its master lease agreement with PURE Canadian Gaming Corp. This move allows Indigenous Gaming Partners Inc. (IGP) to buy PURE’s operating assets. The deal represents a big move in VICI‘s growth beyond its borders and highlights its aim to […]

Business
December 11, 2024
Wynn Boosts Investor Relations Team with New VP & SVP
Casino and hospitality juggernaut Wynn Resorts has expanded its investor relations team with two new appointments. The new hires will be tasked with overseeing the company’s investor relations strategy as Wynn seeks to further grow its business. Wynn Enhances Its IR Team with New Appointments The two additions to Wynn’s IR team are Price Karr […]

Business
December 10, 2024
Bragg Insider Purchases Highlight Leadership’s Near-Term Confidence
Bragg Gaming Group, a B2B provider of iGaming content and technology, has announced that the significant insider purchases that took place on December 10 highlighted the company’s confidence in its business. The company reiterated its optimistic FY 2025 guidance and implied that a sale might still be on the table. The Bragg Leadership Is Optimistic […]

Business
December 10, 2024
Underdog’s Peer-to-Peer Shift Enabled Business Growth
Underdog Fantasy, a leading daily fantasy sports (DFS) operator, has deviated from its original operating model in several states in an attempt to expand its business while remaining compliant with local regulations. As a result, it now operates player-versus-house DFS in half of its US markets and peer-to-peer in the rest. The Company Went Peer-to-Peer […]

Business
December 10, 2024
Videoslots Rebrands as Immense Group, Reflecting Its Rising Prominence
Videoslots Ltd., a trailblazer in the online gaming industry since its inception in 2011, has officially rebranded as Immense Group. The new name shows how the company has transformed from a single-brand casino to a multi-brand, vibrant, globally recognized company ready for ambitious growth while delivering cutting-edge customer experiences. New Name, Same Commitment to Excellence […]

Business
December 10, 2024
Philippine Gambling Sector on Track for $6B Revenue in 2024
The gambling sector in the Philippines is expected to continue growing, surpassing the reported gross gaming revenue (GGR) in 2023. That’s the opinion of the chairman of the Philippine Amusement and Gaming Corporation (PAGCOR), Alejandro Tengco, who recently spoke to reporters. GGR to Continue Growing, Plan to Ban POGOs Underway The target set by PAGCOR […]

Business
December 10, 2024
BetMGM Names Ex-Fiat Chrysler Head Hurbis as New CMO
BetMGM, the joint venture between MGM Resorts International and Entain Holdings, has appointed seasoned marketing executive Casey Hurbis as its new chief marketing officer (CMO). Impressive Experience Over Three Decades The company praised Hurbis for his “innovative, needle-moving strategies” and extensive experience spanning over three decades in multiple industries. Hurbis joins BetMGM after a recent […]

Business
December 9, 2024
Allwyn Q3 Boosted by Strong Performance in Key Markets
Allwyn has published its preliminary unaudited financial results for the third quarter of 2024. As the company recorded increases across the board, CEO Robert Chvatal expressed excitement about its standout performance in Greece and Cyprus. A Strong Quarter for Allwyn In Q3 2024, Allwyn reported a total revenue of EUR 2.14 billion ($2.26 billion), marking […]

Business
December 9, 2024
Yolo Entertainment Enhances Leadership with New COO, Three Directors
Yolo Entertainment, the company behind several leading iGaming brands, has enhanced its team with the addition of a new chief operating officer and three new directors. The new appointees will bolster the group’s leadership, allowing it to maintain its growth curve. Sandra Vask Will Head the Daily Business Operations The new addition to the group’s […]
