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Business
July 15, 2024
The Star Makes C-Suite Appointments, Reports Systems Disruption
Australian casino and hospitality leader The Star Entertainment Group announced new appointments to its C-suite. In an ASX update, the gambling company announced that it has appointed an interim group chief financial officer, as well as a new chief executive officer of it’s the Star Sydney property. As per the announcement, Neale O’Connell will now […]
Business
July 15, 2024
Rush Street Interactive Sale May Be Imminent, Suggests Report
Earlier this year, rumors emerged about the potential sale of Rush Street Interactive (RSI), the leading betting and gaming operator with a presence across the United States and owner of the popular brand BetRivers. Although the rumors emerged in March, details are scarce with only DraftKings being named as a potential buyer of RSI. Despite […]
Business
July 12, 2024
ComplianceOne Reportedly Enters Insolvency Due to Financial Difficulties
ComplianceOne Group, a provider of compliance solutions to gambling operators, is entering insolvency, according to NEXT.io. The company’s chief executive attributed the development to the fact that his company had failed to secure enough contracts. CEO Antonio Zanghi told NEXT.io that his team will no longer be able to meet its financial obligations due to […]
Business
July 12, 2024
SaharaBets to Exit Arizona Following the Coyotes’ End
Sports betting operator SaharaBets announced its exit from the Arizona sports betting market, citing its licensing partner’s disbandment as the reason. The operator, which was partnering with the Arizona Coyotes, was left with no choice but to withdraw from the market once the franchise went defunct in The Grand Canyon State. For context, the Coyotes […]
Business
July 12, 2024
JP Morgan Analyst Sees Bright Investment Future for MGM Resorts
MGM Resorts International is drawing attention with its investment potential, a report by JP Morgan analyst Joseph Greff said. In a note to investors, Greff stressed the good risk/reward profile of MGM’s stock and confirmed his Overweight rating while setting a price target of $57 per share. MGM Resorts’ Strong Cash Flow and Strategic Moves […]
Business
July 11, 2024
Sportradar Extends UEFA Data Rights Deal by Three Years
Sportradar unveiled a multi-year extension of its exclusive betting data rights partnership with the European soccer governing body UEFA. In addition to that, the sports data specialist also extended its integrity partnership with the association. The expanded rights agreement now includes the non-exclusive right to distribute data to non-betting media, Sportradar announced. In addition, it […]
Business
July 11, 2024
Apax Partners Fully Exits Equity Position in Genius Sports
Apax Partners LLP’ Funds (Apax Funds) have fully monetized their equity interest in the official data, technology, and commercial partner powering the global ecosystem that ties sports, betting, and media, Genius Sports Limited. Apax no longer holds any shares in the company that allows its technology to be used in more than 150 countries. Apax […]
Business
July 11, 2024
Isle of Man Regulator to Part Ways with CEO Steve Brennan
Steve Brennan announced that he will be stepping down as chief executive officer of the Isle of Man Gambling Supervision Commission (GSC) after almost two decades in the position. He confirmed that his departure will come toward the end of 2024. Brennan boasts some 38 years in the Isle of Man Government, the last 17 […]
Business
July 11, 2024
IGT’s Top Slots Delivered Six $1M+ Jackpots in June
Global gaming content leader International Game Technology (IGT) announced that Wheel of Fortune and Powerbucks slot games have delivered a whopping six life-changing jackpots to players in June alone. The six jackpots of over a million dollars in June were won by players in California, Nevada, New Jersey and Canada. Who Won What and Where? […]
Business
July 10, 2024
Super Group to Exit the US Sports Betting Market
Super Group Limited, a leading betting and gaming company, announced its exit from the United States’ sports betting market. Despite that, the company will continue to operate its iGaming business in two states. Super Group, which is the parent company of online betting and gaming operator Betway and iGaming specialist Spin, explained that this exit […]
