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Business
October 14, 2024
BOXXER Forms a Strong Partnership with Betfred
BOXXER, a world-class boxing promotional company, has formed a new partnership with Betfred, one of the United Kingdom’s largest operators. As a trusted and respected brand, Betfred will be a valuable entry in BOXXER’s list of operator partners. BOXXER Will Promote Betfred’s Brand BOXXER, which was founded in 2018 by Ben Shalom, a prominent entrepreneur […]
Business
October 11, 2024
Fantasma Games’ Shareholders Approve EveryMatrix’s Takeover Bid
EveryMatrix announced that an overwhelming majority of Fantasma Games’ shareholders have approved the former company’s takeover bid. For context, the acquisition required the approval of at least 90% of the content developer’s investors. The Deal Has Been Approved by Shareholders A month ago, EveryMatrix submitted a recommended public offer to acquire all of Fantasma Games’ […]
Business
October 10, 2024
Another Nevada Regulator Greenlights Sega Sammy’s Takeover of GAN
GAN Limited, a leading B2B provider of online gambling solutions and B2C sportsbook operator has confirmed that its merger with Sega Sammy has inched closer to realization. According to the gambling company it has finally secured a license from the Nevada gaming regulator, allowing the deal to move forward. The Deal Moves Forward Sega Sammy […]
Business
October 10, 2024
Netherlands Reports Gambling Revenue Increase and 95% Channelization
The Dutch licensed gambling market is recognized for its strict rules and monitoring. While robust, the regulations are not overly restrictive, which enables the country to channel more players toward the legal sector. Land-Based Gambling Sector Boosts GGR Newly released data from the country’s gambling regulator, Kansspelautoriteit (KSA), points to the growth of the gambling […]
Business
October 9, 2024
Legal Battle Over ‘Dragon Train’ Could Cost Light & Wonder Up to $150M
Light & Wonder Inc. (L&W) could lose at least $50 million because of legal issues with its “Dragon Train” slot game, experts say. Aristocrat Halts L&W’s ‘Dragon Train’ Sales Amid Costly Lawsuit Aristocrat Technologies Inc. started a lawsuit saying L&W’s game copies parts of Aristocrat’s popular “Dragon Link” series. In September, Aristocrat won a court […]
Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Business
October 8, 2024
Esportes da Sorte Acquires ST Soft, Hopes to Open a New Leaf
Brazilian betting operator Esportes da Sorte has successfully obtained authorization to operate in Rio de Janeiro, thanks to its acquisition of ST Soft-operated Apostou.com, which had already received licensing by the state’s lottery provider Loterj in November 2023. This move allows Esportes da Sorte to establish a presence in the lucrative Rio de Janeiro market […]
Business
October 8, 2024
PENN Entertainment Unveils Preliminary Q3 Financial Results
Today, PENN Entertainment revealed its preliminary financial results for the third quarter ending 30 September 2024, highlighting stronger-than-expected results for its interactive unit, Penn Interactive, which includes the ESPN Bet platform. The company noted the digital segment was performing better than projected, expressing a stable outlook for its retail operations going into 2025. Overall Financials […]
Business
October 8, 2024
Rhode Island Market Is Shrinking Under Neighboring States’ Pressure
According to a report from the Rhode Island Office of the Auditor General, the Rhode Island Lottery transferred $426.4 million to the state’s General Fund for the fiscal year ending June 30, 2024. This represents a drop of 1.8% or $8.2 million, compared to the previous fiscal year. The report attributed Rhode Island’s decline to […]
Business
October 8, 2024
Regulus Partners Deems Flutter’s US TAM Forecast Overly Optimistic
Global strategic advisory business focussed on the sports and leisure sectors, Regulus Partners (RP), has expressed doubts regarding Flutter Entertainment’s forecast for the total addressable market (TAM) in the US sports betting and iGaming sectors, raising concerns over the company’s optimism. Overly Optimistic Projections Could Hit Challenges Last month, the operator with a market-leading position […]
