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Business
September 4, 2024
Kambi Chairman Weighs In on Recent Acquisition Rumors
Kambi the industry’s trusted provider of a range of sports betting services to licensed B2C gaming operators, has commented on the ongoing media speculation about its acquisition by another party. Kambi Denies the Rumors Recent rumors strongly suggested that Genius Sports, a sports data and technology company, has approached Kambi with an acquisition offer. This […]
Business
September 4, 2024
Morningstar Expert Lauds Flutter Entertainment in Recent Analysis
The solid market share within the online sports betting (OSB) vertical in the US belonging to industry leaders FanDuel and DraftKings is unquestionable. The duopoly is estimated to hold between 70% and 80% of the OSB sector, leaving little room for competition. But while the two companies stay at the helm of betting in the […]
Business
September 3, 2024
Betsson to Leave the US B2C Market by the End of September
Betsson, an online betting operator, has confirmed its B2C exit from the highly competitive US market. The company’s decision comes amid an ongoing exodus that has seen several B2B and B2C brands leave. Betsson Will Exit Colorado Betsson announced its intention to cease operating Betsafe in America in a recent email to its players. Betsafe, […]
Business
September 3, 2024
Rdentify Introduces Milestone Update, Redefining Customer Experience and Protection
Rdentify, the AI-powered customer experience platform, has announced a game-changing update that further enhances its ability to create world-class customer experiences. This latest update cements Rdentify’s position as the leading responsible gambling tool for the iGaming industry while extending its functionality across the entire customer engagement spectrum. Customer Safety Remains a Leading Priority Rdentify was […]
Business
September 3, 2024
ASX Suspends Star Entertainment over Missed Report Deadline
The Star Entertainment Group announced that it has been suspended from the ASX, Australia’s primary stock exchange. The suspension was enforced due to a missed deadline, according to an official ASX filing. The ASX Suspends The Star Entertainment The announcement was made on September 2 as The Star Entertainment was suspended from the ASX due […]
Business
September 3, 2024
Revpanda Acquires Leetz Media, Evolves into Revpanda Group
Revpanda, an all-in-one digital marketing agency, has announced its acquisition of Leetz Media, another advertising specialist. The tie-up has resulted in the former company evolving into Revpanda Group. Revpanda Evolves Into Revpanda Group The acquisition, according to Revpanda’s official announcement, marks the union of two “well-established companies that have consistently delivered top-tier results in the […]
Business
September 3, 2024
FanDuel Gains Market Share in July Ahead of Football Season
Although the United States is recognized as a leading and competitive sports betting market, considering that nearly 40 states offer the activity and there are more than a dozen operators offering their services, a duopoly continues to hold a major stake in the vertical. FanDuel and DraftKings continue to hold a significant share of the […]
Business
August 30, 2024
Svenska Spel Publishes Q2 Healthy Revenue Report
Svenska Spel a state-owned company in Sweden, has published its healthy revenue report for Q2 2024, detailing an increased share of revenue from low-risk consumers. The operator reiterated its commitment to responsible gambling, promising to minimize the money it takes from high-risk players. Svenska Spel’s Healthy Revenue Share Increased in Q2 In Q2 2024, Svenska […]
Business
August 30, 2024
GiG Platform Adds Andreas Söneby to Board of Directors
Gaming Innovation Group has strengthened the leadership of its Platform division with the appointment of Andreas Söneby as a board member. Söneby boasts years of gaming industry experience and has spent over a decade at Kambi. Söneby Is an Important Addition to the Team Söneby will reinforce the GiG Platform board team, underpinning its continued […]
Business
August 30, 2024
BetMakers Posts FY 2024 Results, Highlights Reduction in Expenses
BetMakers Technology Group has published its financials for the 12-month period ended June 30, reporting an improvement in its operational discipline and a decline in expenses. The Company Reported a Reduction in Expenses Thanks to a “disciplined approach to its strategy,” BetMakers was able to improve its profitability, realizing significant material benefits. The company’s adjusted […]
