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Business News and Headlines
Business
November 8, 2024
Evoke Shifts Focus to Europe with 2025 iCasino Shutdown in Michigan
Releasing its Q3 financial results recently, Evoke hinted at its plans to abandon the market in the United States and focus on European markets where it already enjoys exceptional growth. Part of that plan affects the company’s operations in Michigan via Sports Illustrated Casino and Sportsbook. The Company Offloads US B2C Assets Under Evoke’s plan, […]

Business
November 7, 2024
Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials
Catena Media is eyeing new cost-cutting measures after challenging third-quarter results in 2024. The Malta-based company, specializing in digital marketing for the online gambling sector, saw its quarterly revenues dip by one-third, from EUR 15.9 million ($17.2 million) to EUR 10.7 million ($11.58 million) year-on-year. These results mark a trend of revenue decline that CEO […]

Business
November 7, 2024
Enteractive Appoints Lukasz Zebrowski as Head of Compliance
Enteractive, a specialist in betting and gaming player retention and reactivation, has reinforced its leadership with a new head of compliance. The company named the experienced Lukasz Zebrowski to the position, tasking him with the important role of ensuring that the company is compliant with the markets where it operates. Enteractive Is Committed to Remaining […]

Business
November 7, 2024
Super Group Q3 Report Shows Africa Focus Is Paying Off
Super Group, Betway’s parent company, has published its financial report for the third quarter of the year, reporting a record-breaking revenue figure. The company attributed its amazing financials to its growth in key markets such as Africa, Europe and Canada. Super Group’s Strongest Q3 Yet Super Group, which operates Betway and Spin, reported revenue of […]

Business
November 6, 2024
Livesport’s Flashscore Network Acquires BeSoccer’s Asset Portfolio
Livesport‘s flagship product, the Flashscore network, has successfully completed the acquisition of BeSoccer, a Spanish platform specializing in live scores, statistics, and news dedicated to soccer fans. The Largest Acquisition in Livesport’s History The strategic move with undisclosed terms underlines the brand’s commitment to expanding its presence in the sports tech industry, bringing an additional […]

Business
November 6, 2024
Kambi Maintains Growth Trajectory with Solid Q3 Results
The trusted provider of sports betting services and solutions, Kambi, released its latest financial update, pointing to strong results for the third quarter of 2024. Share Repurchase Program Announced with Q3 Financials On Wednesday, the company confirmed that its Q3 revenue hit €43.0 million ($46.3 million), a figure that pointed to a single-digit increase when […]

Business
November 5, 2024
Wynn Resorts Remains Optimistic on UAE Expansion Despite Underwhelming Q3 Results
Despite an unimpressive third-quarter earnings report, Wynn Resorts is doubling down on its ambitious expansion into the UAE, specifically through its landmark Wynn Al Marjan Island project in Ras Al Khaimah. CEO Craig Billings was optimistic about the UAE project, set to launch in 2027, as the operator expects it to usher in a new […]

Business
November 4, 2024
Bally’s Unloading Asia Digital Gaming Division
A Form 8-K filing with the Securities and Exchange Commission has detailed the company’s plans for its Asian gaming division, with the company not expecting the deal to have a “neutral” impact on its earnings before interest, taxes, depreciation, and amortization or EBITDA. Bally’s Sheds Asian Business to Refocus Operations Bally’s is selling the division […]

Business
November 1, 2024
Sky Bet Discontinues #RequestABet Service
Sky Bet, a British-based gambling company, announced the end of the #RequestABet service. While certain similar services will still be available on the operator’s official website, the X-based service will no longer be supported. The X Account Will No Longer Be Monitored #RequestABet was an X/Twitter service that monitored customers’ requests for certain non-existing betting […]

Business
November 1, 2024
Bingo Blitz Adds to the Holiday Magic with Christmas-Themed Collaborations
With Halloween out of the way, Bingo Blitz, a fan-favorite free-to-play bingo operator, is already preparing for the winter holidays. As Christmas approaches, the company announced its plan to leverage its partnership with Hallmark Channel to provide visitors to the latter company’s upcoming cruise with exciting games. The company also themed with famed actress Drew […]
