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Business
June 3, 2024
FanDuel Finally Acquires BeyondPlay, Names CEO Pelc as VP
The news that Flutter’s sports betting and fantasy sports brand, FanDuel, decided to acquire next-gen engagement software company BeyondPlay first emerged to the public at the beginning of the year. At the time, while expressing excitement about the announcement, FanDuel Casino managing director Asaf Noifeld (former PokerStars director) did not comment on role distribution. Now […]
Business
June 3, 2024
GiG to Acquire Casinomeister in a $3.25M Deal
Gaming Innovation Group, a leading gambling affiliate and iGaming platform provider, has announced its strategic acquisition of Casinomeister, a casino advocacy and review platform. The new acquisition will reinforce GiG’s business, cementing its commitment to providing better player services to its iGaming partners. According to the announcement, GiG will purchase Casinomeister in a €3 million […]
Business
June 3, 2024
PENN Entertainment Shares Soar amid Activist Investor Criticism
After an activist investor in PENN Entertainment sent a letter to the company’s board of directors, the leading gaming and entertainment operator’s shares marked an uptick. In the letter, a six-page long document, PENN’s shareholder, Donerail Group, encouraged the company to consider divesting assets in order to create value that is certain and meaningful for […]
Business
June 3, 2024
Carl Icahn Reportedly Holds Significant Stake in Caesars
The recognizable billionaire and businessman, Carl Icahn, holds a significant stake in Caesars Entertainment, the leading gaming, hospitality and entertainment operator, Bloomberg News announced recently. The publication cited sources close to the matter. After the release of the recent report, Caesars shares marked an uptick. During last week, the company’s stock hovered around $32 per […]
Business
May 31, 2024
Flutter Shifts Primary Listing to NYSE, Promotes New CFO
In a significant strategic move, Flutter Entertainment, the world’s largest online betting company and owner of FanDuel, has officially transferred its primary listing to the New York Stock Exchange (NYSE). Flutter also announced the appointment of Rob Coldrake as CFO, marking a pivotal moment in the company’s evolution as it heightens its focus on the […]
Business
May 31, 2024
Kaizen Enhances Leadership with Two Major Appointments
Kaizen Gaming, a leading global GameTech operator, has unveiled a major leadership addition. According to the company, Aris Dimarakis, its chief operating officer, will now also undertake the role of deputy chief executive officer. According to Kaizen Gaming, Dimarakis will step into the office on June 1, 2024. As the company’s chief operating officer, Dimarakis […]
Business
May 30, 2024
Sportradar Adds Audio and DOOH Advertising to Its Offering
Sportradar has enhanced its ad:s programmatic advertising solution with audio channels and has expanded its reach across digital-out-of-home (DOOH) advertising screens. Thanks to that, its partnering sports betting operators will be able to connect with customers via relevant ads across two of the fastest-growing media channels. By adding audio channels to ad:s, Sportradar effectively allows […]
Business
May 30, 2024
Catena Media Names Jasleen Kals as VP Product amid Transformative Changes
The online marketing company that powers the betting and iGaming sectors, Catena Media, announced it strengthened its senior-level team with a new addition. The company confirmed Wednesday it hired the services of the proven product leader with extensive experience, Jasleen Kals. Joining the C-suite at Catena, she was appointed to the role of VP product. […]
Business
May 29, 2024
Analyst Keeps Positive Outlook on FanDuel Parent Company Flutter
A wide range of factors can impact the performance of gaming and betting operators, especially across the United States. While increased promotional spending may boost the operators’ expenses, much-anticipated sports events can increase revenue and enable betting operators to engage with new customers. Earlier this month, Flutter Entertainment, the leading betting and iGaming operator with […]
Business
May 28, 2024
Swedish Court of Appeal Lowers Sanction against Kindred from 2020
One of the largest iGaming operators across the globe, Kindred Group, secured a partial win in an ongoing dispute in Sweden over a sanction it received several years ago. On Monday, the Group confirmed the Administrative Court of Appeal in Jönköping reduced the penalty imposed against the company in 2020, which was SEK 100 million […]
