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Business
May 2, 2024
Flutter Shareholders Approve Shift to New York Stock Exchange
In another setback for London’s financial market, Flutter Entertainment, the parent company of Paddy Power, has received overwhelming support from its shareholders to shift its primary stock exchange listing to New York. The decision, made at the company’s annual general meeting, reflects a significant move for the gambling giant, which expects the transition to be […]
Business
May 1, 2024
Nick Hughes Becomes Bet365’s New CPO of Gaming
Gambling giant bet365 has named the experienced Nick Hughes as its new chief product officer of gaming. Hughes confirmed his appointment on LinkedIn, sharing his excitement about the new position. The newly-promoted appointee is no stranger to bet365’s business and has served the company for almost a decade now. Hughes joined the gambling powerhouse in […]
Business
May 1, 2024
Sportradar Bolsters Innovation with New Milestone Hire
Sportradar Group, a leading provider of sports data, fan insights, and betting liquidity, has announced the appointment of Behshad Behzadi as chief technology officer and chief artificial intelligence officer (CTO and CAIO), effective 1 May. Behzadi boasts substantial industry experience and will spearhead the implementation of cutting-edge advancements to elevate Sportradar’s offerings. Sportradar Embraces Innovation […]
Business
May 1, 2024
Lottomatica Posts Strong Q1 Results, Updates Guidance after SKS365 Takeover
The leading operator with a strong presence in Italy and across Europe, Lottomatica, released its latest financial update, uncovering details about its performance for the first quarter of this year. On Tuesday, the company disclosed details regarding its latest interim financial report, covering the three months ended March 31, 2024. In the first quarter of […]
Business
April 30, 2024
Sharp Gaming Migrates to Betfred, Rebrands to Betfred Technology
Sharp Gaming is a technology developer focusing on the gambling sector which launched seven years ago. Since then, the developer has benefitted from more than £100 million ($125.2 million) in funding from Betfred’s chairman, Fred Done, culminating with the absorption of Sharp Gaming by Betfred. The strategic migration was completed last week and as a […]
Business
April 30, 2024
Billionaire Barry Diller Granted Another Chance for Nevada Casino License
Media mogul Barry Diller, known for his prominent role in the entertainment industry, will have another opportunity to secure a full gaming license in Nevada. The decision comes as the Nevada Gaming Control Board (NGCB) voted to reconsider Diller’s application, marking a significant development in his pursuit of entering the casino industry. The Billionaire Faced […]
Business
April 30, 2024
JP Morgan Updates Price Target for Red Rock Ahead of Q1 Results
Earlier this month, the gaming and hospitality operator, Boyd Gaming, released its first quarter results, highlighting an increase in online revenue despite a dip in its overall revenue. In total, the company reported $960.5 million in revenue, a figure that was slightly lower year-over-year when compared to the Q1 2023 result of $964.0 million. Upon […]
Business
April 29, 2024
Playtech Invests Further in NorthStar Gaming to Boost Player Acquisition Push
NorthStar Gaming, a subsidiary of NorthStar Ontario, has extended its partnership with Playtech Software Limited, originally signed on June 23, 2023, which will now see the latter party strengthen its marketing agreement with the Canadian iGaming and sports betting operator. NorthStar and Playtech Software Ltd Thicken Ties Again Under the terms of the agreement, Playtech […]
Business
April 29, 2024
Controversy Erupts as 888.com Pulls London Ads Amid Backlash
888.com, an online casino company, has announced its decision to pull back advertisements from various locations across London, including the city’s transport network. This move comes in the wake of mounting criticism regarding the tone of their adverts, which has sparked a debate over the approval process for such promotions. TfL Under Fire as 888.com […]
Business
April 26, 2024
Former GiG CFO Justin Psaila Joins White Hat Gaming
White Hat Gaming, a leading B2B provider in the iGaming industry, has announced the appointment of Justin Psaila as its new chief financial officer (CFO). Psaila brings nearly a decade of experience from his tenure at Gaming Innovation Group (GiG), where he served as CFO since July 2015. He should provide valuable input and help […]
