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Business News and Headlines
Business
February 29, 2024
Aristocrat Taps Company Veteran Matthew Primmer as CPO
Aristocrat Leisure Ltd has appointed Matthew Primmer as the company’s new Chief Product Officer. A well-seasoned industry veteran, Primmer will work with and report directly to Aristocrat CEO & managing director Trevor Croker. Aristocrat Trusts Its Senior People to Guide the Company Primmer’s appointment will see him help boost product strategy, develop new avenues for […]

Business
February 29, 2024
Lottomatica Boasts Strong FY 2023 Results with €1.6B
Lottomatica, a company that operates in the regulated gambling market in Italy and is de facto the first legal entity to have been authorized to provide its products locally, has boasted strong financial tailwinds, with the company generating €1.6 billion revenue in the 12 months ending on December 31, 2023. Financial Tailwinds Carry Lottomatica into […]

Business
February 29, 2024
Regulator Smacks Elon Musk’s Vegas Loop with $112K over Safety Violations
Yet, the Vegas Loop has now faced pressure from the Nevada Occupational Safety and Health Administration, which has issued a $112,000 fine to the company for serious safety violations linked to the well-being of on-site workers and having “a substantial probability that death or serious physical harm could occur.” OSHA Highlights Serious Shortcomings This is […]

Business
February 28, 2024
GEG Posts Favorable Q4 Results, Underpinned by Macau’s Recovery
Gaming and hospitality giant Galaxy Entertainment Group (GEG) has published its Q4 results, illustrating an optimistic outlook for the company’s business. According to chair Dr Lui Che Woo, the company is well positioned for further growth. In Q4, GEG reported net revenue of HKD 10.3 billion ($1.3 billion), showing a spectacular 254% increase year-on-year. Adjusted […]

Business
February 28, 2024
Inspired Publishes Amended Q3 Report to Regain Compliance
Inspired Entertainment, a leading supplier of gambling content, technology, hardware and services, has published its financial report for the three months ended September 30, 2023. This belated publication highlights the company’s amended filings, in line with Inspired’s plan to regain its compliance. Lorne Weil, Inspired’s executive chair, presented the results, highlighting the company’s performance during […]

Business
February 28, 2024
Fanatics Enters Indiana, Migrates Former PointsBet Customers
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in Indiana, in line with its ongoing US expansion. Sports fans in The Hoosier State can now download the official Fanatics app and see what the fuss is all about. Fanatics’ sports betting app is available both on Android and iOS devices, allowing local players and […]

Business
February 28, 2024
Light & Wonder Posts Q4 Financials, Reports Robust Momentum
Light & Wonder has reported its results for the fourth quarter and fiscal year ended December 31, 2023, announcing strong momentum. The company’s metrics continued to grow, underpinned by strong performance across all of its business. Q4 was notably the 11th consecutive quarter of consolidated growth for Light & Wonder and the 6th consecutive quarter […]

Business
February 27, 2024
GiG Promotes Matejic to Fresh COO Position
Leading affiliate in the iGaming world that drives over 100,000 depositing players on a yearly basis, Gaming Innovation Group (GiG) Media, has announced it has taken its plan to split its two businesses into two companies listed independently publicly a step further. Namely, GiG Media has completed its goal to create a new chief operating […]

Business
February 27, 2024
ClearStake Bags Seven-Figure Funding Round
London-based financial services firm with a focus on open banking systems, ClearStake, has secured a seven-figure sum from its latest funding round. This means the 2020-founded company that lets players share data in whatever way works for them can start working toward more growth in the future, with special emphasis on scaling its global business […]

Business
February 27, 2024
Mintzy Plays Poker Instead of Attending Barstool Event, to Portnoy’s Dismay
Ben “Mintzy” Mintz, a famous Barstool Sports representative, has found himself in hot water with his boss, Dave Portnoy. The reason the Barstool boss was unhappy with Mintzy was the latter man’s decision to attend a poker tournament instead of the Barstool Combine in Chicago. Mintz may have intended to travel to the event once […]
