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Business
August 7, 2024
ZEAL Publishes H1 Report, Highlighting Exceptional Results
ZEAL Network, Germany’s leading provider of lottery products, has published its H1 report, highlighting impressive financial success. As the company’s “strong growth path” continued, its group revenue increased by a whopping 40%. ZEAL’s H1 Metrics In the first half of 2024, ZEAL reported revenue of €76.8 million ($83.9 million), up 40% year-on-year. In addition to […]
Business
August 7, 2024
Wynn Resorts Records Record Quarter While Unveiling Global Expansion Plans
Wynn Resorts has plans to grow worldwide while enjoying a record quarter. The company saw its best second-quarter EBITDA ever reaching $572 million. This success came from strong results at its sites in Las Vegas, Boston, and Macau. Wynn Resorts Unveils Expansion Plans for Thailand and UAE While Thriving in Las Vegas Wynn Resorts wants […]
Business
August 6, 2024
Nuvei Acquires Licensed Brazilian Payment Institution
Nasdaq-listed, Canadian fintech company Nuvei Corporation has entered into a definitive agreement to acquire licensed Payment Institution Pay2All. The decision, considered a strategic milestone for the company, is expected to improve Nuvei’s capabilities in the domestic market in Brazil while strengthening its commitment to the Latin American (LATAM) region. The license of the Central Bank […]
Business
August 6, 2024
PrizePicks Designates Ex-Blizzard Prez Mike Ybarra as CEO
PrizePicks, North America’s largest daily fantasy sports operator, has reinforced its leadership team with a new C-suite appointment. As announced by the company, Mike Ybarra, former president of the video gaming giant Blizzard Entertainment, has joined its ranks as chief executive officer, effective immediately. Ybarra to Head the Next Phase of PrizePicks Growth In his […]
Business
August 5, 2024
Rush Street Interactive Promised It Will Not Surcharge Customers
Rush Street Interactive (RSI), a leading online casino and sports betting operator, has made an important announcement to its customers. Unlike some of its competitors, RSI emphasized that it has no plans to implement a customer surcharge. RSI Will Prioritize the Player Experience In its official announcement, RSI said that it will not surcharge customers, […]
Business
August 5, 2024
DraftKings Surcharge Scheme Could Become Buying Opportunity
Earlier in the month, we reported DraftKings’ plan for a new surcharge on customers’ net winnings implemented at the start of 2025, as mentioned in a letter to shareholders. The announced surcharge, which is expected to affect DraftKings’s winning clients in Illinois, New York, Pennsylvania, and Vermont, caused the operator’s shares (NASDAQ: DKNG) to slump […]
Business
August 2, 2024
DraftKings Reports Significant Q2 Growth, Announces Share Buyback Program
Sports betting and digital entertainment company DraftKings Inc. published impressive second-quarter results for 2024, bolstered by rising customer numbers and effective engagement strategies. The Board of Directors authorized the company to repurchase up to $1.0 billion of its Class A common stock, demonstrating robust confidence in its future growth prospects. The Operator Did Not Stand […]
Business
August 2, 2024
Betsson to Acquire Sporting Solutions, In Line with M&A Strategy
Betsson is set to acquire Sporting Solutions, a UK-facing B2B firm that provides operators with cutting-edge sports betting technology. The acquisition, Betsson highlighted, will not disrupt the provision of products to the supplier’s existing partners. The Deal Will Reinforce Betsson’s Business Sporting Solutions was founded in 2007 and has a strong presence in the United […]
Business
August 2, 2024
Caesars Entertainment Confirms $500M Sale of WSOP Brand to NSUS
The largest casino-entertainment company in the US and globally recognizable company, Caesars Entertainment, announced it signed a definitive agreement to sell its intellectual property rights to the World Series of Poker (WSOP) to the leading investment group within the iGaming vertical known for delivering GGPoker, the innovative online poker room, NSUS Group Inc. Details regarding […]
Business
August 1, 2024
Flood of Curaçao Gaming License Applications Triggers Delays
After the Curaçao Gaming Control Board (GCB) announced the reopening of its online portal for business-to-consumer and business-to-business license applications on July 15, operators’ interest in penetrating the popular gambling market has gone through the roof. According to information from the GCB’s managing director, Cedric Pietersz, the regulator is currently looking for ways to improve […]
