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Business News and Headlines
Business
March 21, 2024
MGM Resorts Contemplates Selling Ohio and Massachusetts Casino Ventures
MGM Resorts International is reportedly considering the sale of its casino operations located in Ohio’s Northfield Park and Springfield, Massachusetts. Stock Woes Prompt MGM Resorts to Mull Ohio and Massachusetts Property Sales Sources familiar with the matter revealed to Bloomberg that MGM Resorts is actively exploring the possibility of selling its properties in Ohio and […]

Business
March 20, 2024
Gambling.com Group Closes $50M Credit Facility with Wells Fargo
Gambling.com Group Limited, an award-winning performance marketing company serving the iGaming industry, has announced the closing of a new credit facility with Wells Fargo Bank in the principal amount of $50 million. The credit facility is comprised of a $25 million revolving credit facility and a $25 million term loan facility, the marketing specialist added. […]

Business
March 20, 2024
Everi Holdings Supplies AML Tech to Great Canadian
Everi Holdings, a leading provider of gaming content and products, bingo, loyalty programs and fintech solutions to the land-based and digital gambling industries, has unveiled a new major partnership. As announced by the company, it has been selected to supply Great Canadian Entertainment with its cutting-edge AML technology. Under the newly announced deal, Everi will […]

Business
March 20, 2024
Winible Secures $6 Million in Funding to Revolutionize Sports Betting Sector
Winible, an innovative e-commerce platform targeting sports influencers and experts, has announced a significant milestone with the successful closure of a $6 million seed funding round. This funding, led by Inspired Capital, marks a pivotal moment for Winible as it aims to disrupt and transform the sports betting and gaming markets. The Platform Targets an […]

Business
March 20, 2024
Svenska Spel Enhances Management with New Appointments
Sweden’s state-owned gambling operator Svenska Spel has unveiled new appointments to its management team amid corporate reshuffles. As announced, the company will name the experienced Mikael Franzén and Lovisa Ekman as head of responsible gaming and head of IT respectively. Franzén, currently serving as IT director, will assume new responsibilities, taking up the newly created […]

Business
March 19, 2024
EGT Digital Injects Content from Local Studios into Bet365 Bulgaria
EGT Digital, a Bulgarian specialist in iGaming technology, has unveiled a major new partnership with bet365, one of the global leaders in gaming and sports betting. Under the deal, the former company will provide its new partner with content in the Bulgarian market. EGT Digital will leverage its cutting-edge game aggregation platform to supply popular […]

Business
March 19, 2024
Joseph Markowski Announces DAZN Exit After 13 Years
Chief operating officer for DAZN’s North American operations, Joseph Markowski, has announced he will be leaving the sports entertainment group at the end of what he described as “13 fantastic years.” “A Mixture of Excitement and Gratitude” Markowski has been serving the role of CEO since 2022 when he was appointed in the position after […]

Business
March 19, 2024
Codere to Use Legal and Financial Advisors to Support Growth
The leading multinational group in the private gaming industry with 40 years of experience and a strong presence in Europe and Latin America, Coedere, has recently inked agreements with Houlihan Lokey and Allen & Overy. Codere to Boost Its Capital & Record More Growth The two firms will become Codere’s financial and legal advisors in […]

Business
March 19, 2024
DraftKings Strengthens Team with Major Internal Promotions
DraftKings announced two internal promotions, naming Jason Park and Alan Ellingson as chief transformation officer and chief financial officer, respectively. According to the company, Park, currently serving as CFO, will vacate the role to instead oversee the company’s transformational efforts. The newly created role will see him “lead initiatives to deploy cutting-edge technologies to capture […]

Business
March 18, 2024
MGM Boss Optimistic about BetMGM, Eyes Tech Firm Acquisition
In addition to expressing his confidence in opportunities in the UAE and Thailand, MGM Resorts president Bill Hornbuckle also teased that his company is considering an acquisition of a sports betting tech company. Hornbuckle commented on MGM’s plans and ambitions at the recent JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. While the […]
