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Business
May 27, 2024
Angelo Alberoni Takes Technical Director Role at IBJR
In March last year, nine recognizable gambling operators founded the Brazilian Institute of Responsible Gaming (IBJR). The foundation came at a time when the Latin American country already started to explore options for the legalization of online gambling and sports betting. This process is currently ongoing and Brazilian bettors may be able to place their […]
Business
May 24, 2024
Kindred Announces Major Shifts in Shareholding
Kindred Group, one of the world’s leading iGaming operators with business across several continents, has announced changes in the stakes held by two of its most prominent shareholders. In three consecutive updates, the company announced that The Goldman Sachs Group and JPMorgan Chase & Co have modified their respective shares in the company. Both companies […]
Business
May 24, 2024
Evolution Unveils Plans for $75M Live Casino Studio in New Jersey
Live casino specialist Evolution has submitted plans for a $75 million live dealer casino studio in Atlantic City. The new building will be responsible for the company’s iGaming operations in the state. The new studio would complement the company’s portfolio of live dealer studios, which includes a venue based in Hard Rock’s Ocean Casino Resort […]
Business
May 24, 2024
BetMGM Becomes Official Sports Odds Provider for the Associated Press
Leading sports betting company BetMGM is now the official sports odds provider for The Associated Press (AP), announced by both organizations on Thursday. This partnership will see AP utilizing BetMGM’s odds and lines across various formats while maintaining complete editorial control over its content. Both companies expressed excitement over this mutually beneficial collaboration, which should […]
Business
May 24, 2024
Fitch Predicts Growth for Ras Al Khaimah with Wynn’s UAE Resort
Earlier this month, Wynn Resorts, the leading casino and hospitality operator, released new concept art of its much-anticipated luxury resorts in Ras Al Khaimah, United Arab Emirates (UAE), Wynn Al Marjan Island. The massive project is the result of collaboration between the company and local partners, RAK Hospitality Holding and Al Marjan Island. The upcoming […]
Business
May 23, 2024
DraftKings Completes $750M Acquisition of Jackpocket
In February, DraftKings finalized a $750 million acquisition deal with Jackpocket, a prominent lottery app in America. The transaction has now been officially completed, cementing the former company as the owner of the leading lottery specialist. Jackpocket is an app that has been favored by millions of customers across the US. Thanks to its innovative […]
Business
May 23, 2024
Public Utilities Benefit as Loterie Romande Hits Record Profit in 2023
Loterie Romande, the Swiss public lottery, which has been operating since 1937, released its latest report, disclosing insights about its performance throughout 2023. Last year marked a busy period for the lottery, which reported gross gaming revenue of CHF 420.7 million ($460.3 million). The revenue, compared year-over-year represented a slight decrease, considering the CHF 435.5 […]
Business
May 23, 2024
Atlantic City Casinos Experience 10% Profit Drop In Q1 2024
The gambling regulator in New Jersey, the Division of Gaming Enforcement (DGE), announced the release of a new report, highlighting the performance of casino operators in Atlantic City. Besides revenue and operating profit, the recently released report uncovered details about the hotel occupancy for the quarter ended March 31, 2024. The total net revenue reported […]
Business
May 22, 2024
4ThePlayer Secures License in Pennsylvania
4ThePlayer, an award-winning creator of player-centric, innovative gambling games, announced that it has secured a new license in Pennsylvania. According to the announcement, the Pennsylvania Gaming Control Board (PGCB) approved the company’s participation in the Commonwealth’s online casino market at a recent meeting. This marks yet another major development for the up-and-coming company and aligns […]
Business
May 22, 2024
Allwyn Appoints Ifor Evans as Group Chief Technology Officer
Leading multi-national lottery operator with a focus on building better lotteries that return more to good causes via innovation and technology, Allwyn, has announced the appointment of Ifor Evans as the new group chief technology officer (CTO). Evans will replace the group’s former CTO, Tony Khatskevich, who exited the position at the end of six […]
