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Business
December 6, 2024
Playtech Founder Buys Miami Mansion, Plans Big Changes
Teddy Sagi, the founder of the gaming software development giant Playtech, has purchased a huge waterfront home in Miami Beach. The billionaire is reportedly planning to demolish the old building and construct a state-of-the-art mansion. Sagi Envisions Erecting a High-Tech Mansion The home in question was sold to Sagi by a company related to the […]
Business
December 6, 2024
Hector Fernandez to Lead Combined IGT and Everi Enterprise as CEO in 2025
Hector Fernandez will take charge as CEO of the merged business combining International Game Technology’s (IGT) Gaming and Digital division with Everi Holdings, once the deal closes. Apollo Global Management Plans New Leadership Structure Post-Acquisition This news comes after Apollo Global Management affiliates bought both companies taking a big step to build a varied gaming […]
Business
December 5, 2024
TGLAB Acquires SysGaming, Targets LATAM Growth
TGLAB, an ambitious and progressive iGaming technology partner, has announced its acquisition of SysGaming, a Brazil-based gambling software provider. This agreement is set to enhance the former company’s overall capabilities and presence in the LATAM region. TGLAB Will Reinforce Its Position in LATAM TGLAB already boasts a robust footprint in Latin America, with its presence […]
Business
December 5, 2024
Sportradar CFO Discusses Strategic Growth and Innovation
At the Morgan Stanley Global Consumer and Retail Conference held on 4 December, Sportradar’s CFO, Craig Felenstein, shared perspectives on the company’s growth trajectory and strategic priorities. Felenstein emphasized a balanced commitment to organic growth and targeted acquisitions, leveraging the company’s robust financial foundation to maintain momentum despite rising macroeconomic challenges. Sportradar Carefully Evaluates M&A […]
Business
December 5, 2024
EveryMatrix Enters Croatia with First Omnichannel Deal with a T1 Partner
Leading provider EveryMatrix has unveiled a foray into yet another market. This time, the supplier’s cutting-edge products have taken off to Croatia where the company has teamed up with ArenaCasino. EveryMatrix’s First Omnichannel Deal with a Tier-1 Partner The new provision partnership was described as one of EveryMatrix’s largest projects of 2024. Per the deal, […]
Business
December 5, 2024
Robinhood Eyes Entry into Sports Betting Market
Robinhood Markets, the brokerage that has shaken up traditional trading platforms, is looking to jump into the sports betting sector. CEO Vlad Tenev revealed this information during the company’s first investor day hinting that the firm sees big cultural and customer worth in this field. Though Robinhood has not said it will do this, Tenev’s […]
Business
December 5, 2024
Aristocrat Gaming CEO Hector Fernandez Exits for Unnamed Competitor
Hector Fernandez, the boss at Aristocrat Gaming, has moved on, with the executive leaving the company with immediate effect, Aristocrat Leisure Limited confirmed in a filing on Thursday. Long-time Aristocrat Gaming veteran steps down from CEO post Fernandez has been a long-standing company veteran, and he first started as CFO at the Americas Gaming business […]
Business
December 4, 2024
Dabble Onboards Former Tabcorp Executive as CSCO
Dabble, a fast-growing social betting platform, has appointed Brenden Varcoe, an experienced executive with extensive experience in the gaming, sports, and entertainment sectors, to the newly created role of chief strategy and commercial officer (CSCO). The appointment signals Dabble’s desire to expand its operations and explore strategic growth opportunities, potentially including a public listing. Varcoe […]
Business
December 4, 2024
Tabcorp Slashes Workforce by a Tenth
Australian betting and gaming giant Tabcorp Holdings has parted ways with numerous workers in an effort to streamline its operation and reduce business costs. This comes amid financial and regulatory difficulties for the company. Tabcorp Wants to Streamline Its Business According to a report by the Australian Financial Review, a Tabcorp spokesperson said that […]
Business
December 3, 2024
NuxGame Announces Bar Konson as CBDO
Leading betting software provider NuxGame has enhanced its leadership team with the appointment of Bar Konson as its new chief business development officer (CBDO). The new appointment aligns with the company’s ambition to maintain its growth momentum. The new CBDO Will Tap into International Opportunities According to the official announcement, Bar Konson will spearhead the […]
