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Business
October 4, 2024
Atlantic Lottery Gets Content Boost from Evolution’s Ecosystem
The upshot is that the Atlantic provinces of Nova Scotia, Newfoundland, Labrador, and New Brunswick will all now benefit from the company’s diverse range of titles. Evolution Expands Content Across Swathe of Canadian Provinces This is possible not just through Evolution’s signature games, but also through the series of acquisitions that the company carried out […]
Business
October 4, 2024
PrizePicks Brings in Blizzard Entertainment Talent as CFO
As part of its internal restructuring, PrizePicks has expanded its C-suite with the addition of Marcus Sanford, a former Blizzard Entertainment chief financial officer, who will now serve in the same position at PrizePicks. Blizzard Entertainment Veterans to Now Steer Company His appointment is effective immediately, and he is taking the reins over from Ari […]
Business
October 3, 2024
Despite Headwinds for MGM, Analyst Sees Long-Term Growth Potential
MGM Resorts’ shares marked a more than 10% decrease year-to-date as of the market close on Wednesday. Despite the decrease and other short-term challenges an expert is optimistic about the company’s long-term growth prospects. MGM Faces Short-Term Challenges Carlo Santarelli, an analyst with Deutsche Bank, who was recently quoted by Casino.org, spoke about the company’s […]
Business
October 3, 2024
BetParx Teams up with Pavillion Payments for Real-Time Transactions
Announced on Tuesday, the partnership will integrate Pavillion Payments’ cutting-edge real-time payment solutions into BetParx’s platforms. Pavillion Payments Brings Real-Time Payment to BetParx Pavillion Payments supports RTP and FedNow networks, providing customers with a streamlined experience that facilitates payouts and deposits without a moment’s delay. BetParx has been working to strengthen the quality of its […]
Business
October 2, 2024
JMP Highlights Importance of In-Play Betting as Revenue Growth Driver
Considering that nearly 40 US states offer legal sports betting, millions of Americans can place bets on their favorite sport and team. The 2018 repeal of PASPA started the exponential growth of the betting vertical and its popularity hasn’t halted since. The expansion of mobile betting helped grow the number of betting markets with more […]
Business
October 1, 2024
Gentoo Media and GiG Software Complete Long-Planned Business Split
Gaming Innovation Group has officially completed its strategic business split into Gentoo Media and GiG Software. According to the announcement, the division was finalized on September 30. Gentoo Media Hailed the Split The company’s split has been several months in the making and has now finally been enacted. Gentoo Media will therefore continue as an […]
Business
October 1, 2024
Acroud Delays Bond Interest Payment via Standstill with Holders
The fast-moving challenger in the space of iGaming affiliation and B2B SaaS solutions, Acroud, confirmed it postponed interest payment on outstanding bond loans until further notice. Restructuring Effort Impacts Bonds Interest Payment Confirmed this week, the announcement affects SEK 225 million senior secured bonds with an interest payment due on October 7, 2024. The main […]
Business
October 1, 2024
Bet365 Continues Its North American Journey with New Denver HQ
Sports betting juggernaut bet365 has opened its new headquarters in the United States. Based in Denver, the HQ is set to provide jobs to some 1,000 locals. The New HQ Will Create Hundreds of Jobs According to Governor Jared Polis and the Global Business Development Division of the Colorado Office of Economic Development and International […]
Business
September 30, 2024
Playtech Posts Growth in H1 2024, Analysts Warn of Potential Risks
Playtech, the leading technology company founded more than two decades ago, released its results covering the six months ended June 30, 2024. On Monday, the company disclosed its interim financial results, pointing to a single-digit revenue increase while acknowledging it remains on track to meet medium-term targets in FY24. The Company’s H1 2024 Revenue Increased […]
Business
September 30, 2024
Star Completes Treasury Brisbane Casino Sale, Shares Rise 18%
At the end of last week, we reported that Star Entertainment was forced to return to the negotiation table alongside creditors to deal with its reported AU$1.69 billion ($1.08 billion) annual loss and the overall shaky ground projected for the new financial year. Now, the group that recently sold its leasehold interest in the historic […]
