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Business News and Headlines
Business
February 1, 2024
Levy Brothers Leave Penn Entertainment Amidst Strategic Restructuring
In a strategic leadership transition, the founding family behind theScore will step down from their roles at PENN Interactive, a subsidiary of PENN Entertainment, Inc. The operator retains its focus on consolidating its offerings following the successful launches of ESPN Bet and theScore Bet and should be well-positioned to pursue further growth in 2024. The […]

Business
February 1, 2024
20SHOTS Secures an Investment from Steve Rogers
Steve Rogers’ new infusion of funds in the provider of “best in class, free-to-play games” that boost customer acquisition and engagement, 20SHOTS, joins similar investments aimed at the same company announced by other big names in the industry. The list includes Gambit Research’s former chief executive officer, Jasper White, Playtech BGT Sports’ chief commercial officer, […]

Business
February 1, 2024
BetMakers Reports Revenue Growth, Highlights Achievements in Q2 FY24
The leading international provider of business-to-business betting technology, content data, services and solutions, BetMakers Technology Group, released its latest quarterly activities report earlier this week. The company’s unaudited Q2 FY24 report reveals details regarding its performance for the three months ended December 31, 2023. For the latest trading period, BetMakers posted strong revenue which hit […]

Business
February 1, 2024
Xpoint Secures Licenses in 12 New States plus DC
Geolocation technology specialist Xpoint has vastly expanded its US presence after securing licenses in a whopping 12 new states, as well as in the District of Columbia. The company now boasts licenses in 19 states covering almost three-fourths of America’s population. As announced, Xpoint secured licenses in the states of Colorado, Indiana, Iowa, Kentucky, Louisiana, […]

Business
February 1, 2024
Evolution Wraps up a Successful Q4 and 2023, Posts Strong Results
Evolution, the leading business-to-business supplier of technology, content and solutions, catering to the global gambling and betting industry, uncovered details regarding its fourth quarter and full year 2023 performance. The company’s latest financial update emerged Thursday, pointing to strong growth in operating revenues, EBITDA and operating profit. The latest trading update reveals that Evolution’s operating […]

Business
February 1, 2024
Aircash’ 2024 Focus: Continuous Stability and Recognition in EU Markets
Reflecting on the past year, Aircash’s unwavering focus on the European Union (EU) has solidified its position and provided invaluable insights into the region’s dynamic landscape. Despite navigating stiff competition from established players, Aircash successfully increased awareness of its offerings among clients and users, laying a robust foundation for future growth and trust-building. Building for […]

Business
January 31, 2024
Digitain Launches AutoBet, Unveils Deal with REEVO
Digitain has made two important announcements, unveiling a deal with REEVO and the launch of AutoBet, a brand-new solution. AutoBet Revolutionizes Betting According to Digitain, AutoBet is an unparalleled betting feature that will change the entire sports betting industry. The provider explained that the new solution allows customers to be in control and define their […]

Business
January 31, 2024
WynnBET Plans to Exit Massachusetts, MGC Says
WynnBET, the online gambling venture of Wynn Resorts, seems to be preparing to exit Massachusetts’ gambling market, a recent announcement by the Massachusetts Gaming Commission (MGC) suggests. As the MGC prepares for tomorrow’s meeting, the authority published its agenda for the event. The second entry under the Legal and Sports Wagering Division section reads that […]

Business
January 31, 2024
Yolo Investments Injects €1.13M Funding into Just Slots
Emerging gaming software developer that describes itself as the game-changer in online gaming, “driven by innovation, speed, and creative excellence,” Just Slots, has obtained a €1.125 million ($1.35 million) investment from a venture capital firm that specializes in seed and A-stage investments within the gaming and fintech sectors, Yolo Investments. The latter focuses on investing […]

Business
January 31, 2024
PointsBet Posts Record-Breaking Q2 Results in Australia and Canada
PointsBet has published its Q2 report, posting record net win in both Australia and Canada. The company’s sports betting activities continued to underpin the results as both handle and net win increased. However, the biggest growth was recorded by PointsBet’s iGaming vertical. Taking a look at how PointsBet performed in Australia, the company posted a […]
