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Business
April 4, 2024
Nevada Gives Initial Thumbs Up to Aristocrat’s Takeover Bid for NeoGames
Aristocrat has inched closer to acquiring NeoGames as the Nevada Gaming Control Board recommended the approval of the transaction. The matter will be officially settled at the board’s upcoming meeting on April 18, CDC Gaming Reports reported. NeoGames was founded in 2014 and, in 2023, secured a license to operate in Nevada. The company later […]
Business
April 3, 2024
Andrea Bossard Promoted to Senior Director, Engineering at GLI
The leading provider of iGaming and lottery testing, assessment and other services powering gambling operators across the globe, Gaming Laboratories International (GLI), strengthened its senior-level team with a new promotion. The company confirmed on Tuesday it selected Andrea Bossard for the role of senior director of engineering. The latest appointment represents a promotion for the […]
Business
April 3, 2024
Pragmatic Play Supplies Slot Games and Live Casino to Hommerson Casino
Pragmatic Play, a leading supplier of iGaming content, has agreed to provide games to Hommerson Casino, one of the newest actors in the Netherlands’ online gaming market. As agreed, the former company will supply the newly launched casino brand with its portfolio of cutting-edge slots. The addition of Pragmatic Play’s content will provide Hommerson with […]
Business
April 3, 2024
Bally’s Remains Bullish on Petersburg Casino Despite Credit Rating Setbacks
Bally’s Corporation just suffered another setback as Fitch Ratings, an American credit rating agency, lowered its outlook on the operator. Previously B+, the company’s rating has now been reduced to B because of the casino company’s precarious financial situation. Fitch is not the only big credit rating agency to lower Bally’s either. Previously, Moody’s and […]
Business
April 3, 2024
GAN Gives Brian Chang the Position of Chief Financial Officer
NASDAQ-listed, leading business-to-business technology supplier of online gaming solutions and global business-to-consumer operator of online sports betting, GAN Limited, has announced the appointment of Brian Chang as the new chief financial officer. Chang, who has already served this position in an interim capacity, will mainly focus on guiding GAN’s steps toward a timely merger with […]
Business
April 3, 2024
XLMedia Completes Sale of Freebets to Gambling.com
Betting media agency XLMedia has confirmed the completion of its recent deal with the performance marketing specialist Gambling.com Group. As previously agreed, the former party divested its sports betting and gaming assets in Europe and Canada in a $42.5 million deal. The agreement includes a fixed consideration of $37.5 million, which will be paid out […]
Business
April 3, 2024
Silver Lake to Acquire Endeavor Group Holdings
The global sports and entertainment company, Endeavor Group Holdings, announced it has agreed to be acquired by the leading technology investor, Silver Lake. Announced Tuesday, the new acquisition will see Silver Lake pay $27.50 per share in cash for Endeavor. This price represents a 55% premium of the company’s unaffected share price as well as […]
Business
April 3, 2024
K&F Growth Capital Shares Concerns, Sends Letter to Bally’s
Back in March, Standard General, a company that currently holds a significant 23% stake in Bally’s Corporation, the leading gaming and entertainment company, disclosed its intentions to acquire all outstanding shares in Bally’s. This became clear from a filing with the US Securities and Exchange Commission (SEC). This non-binding letter proposed a price of $15 […]
Business
April 3, 2024
Harry Reid Airport Logged a Record Number of Passengers in February
Las Vegas’ Harry Reid International Airport has published travel figures for the second month of 2024, highlighting its best February ever. The spectacular figures were bolstered by the Super Bowl and an extra day due to Leap Year. In total, the airport recorded 4.33 million arriving and departing passengers in February, which represents a 3.8% […]
Business
April 2, 2024
Virginia Sportsbooks Record 25% YoY Handle Boost in February
The Virginia Lottery, which regulates sports wagering in the Commonwealth of Virginia, has released the February 2024 report on sports wagering activity submitted by licensed operators in the state. According to official data, between February 1 and February 29, sports fans in Virginia wagered $545,068,429, with $540,138,289 in gross sports gaming revenue from mobile operators […]
