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Business
March 20, 2025
Sweden Nominates New Svenska Spel Chair & Board Members
Svenska Spel, Sweden’s state-owned gambling operator, unveiled a number of board nominations. The government proposed the appointment of a new chair, two new members, and the re-election of five others. Eva-Lotta Sjöstedt Nominated as Chair According to Svenska Spel’s official announcement, the government has decided to nominate the experienced Eva-Lotta Sjöstedt as chairwoman of Svenska […]
Business
March 20, 2025
Ulrik Bengtsson to Resign from Chairman Role at Raketech
The leading online affiliate and content marketing company, Raketech, announced that its chairman will soon step down from his senior-level role after agreeing to transition to a full-time CEO position at another company. That’s the case for Ulrik Bengtsson, who joined the company several years ago and has played an important role in its growth […]
Business
March 20, 2025
Bragg Gaming Publishes 2024 Financials, Reaffirms Guidance
Bragg Gaming Group has published its official financials for 2024, confirming many of the metrics outlined in its previously published preliminary report. The company reiterated its optimistic outlook for 2025, saying that it expects its revenue to continue soaring. The Report Was Strong, as Expected In Q4, the company’s revenue increased 16.3% year-on-year to a […]
Business
March 19, 2025
Sportradar Publishes FY24 Report, Confirms IMG ARENA Acquisition
Sports data giant Sportradar has published its FY 2024 results, reporting a significant increase in revenue. In addition to that, the company unveiled a major new acquisition deal, announcing that it will acquire IMG ARENA in a $225 million deal. Sportradar Publishes Its 2024 Report In its report, Sportradar outlined full-year revenue of EUR 1.1 […]
Business
March 19, 2025
Bally’s Plans Casino with Ownership Perks for Bronx Locals
Bally’s Corporation, the leading hospitality and gaming company, is one of nearly a dozen gambling operators and coalitions looking into the possibility of securing a casino license in New York. While competition is fierce, only three licenses are up for grabs. Benefits for Bronx Residents Include Pledges to Community Programs, Investment Opportunities In an effort […]
Business
March 18, 2025
Robinhood Unveils Prediction Markets Hub in Time for March Madness
Trading platform Robinhood is seeking to capitalize on the March Madness hype with markets for this year’s edition of the tournament. Customers can expect to find offerings involving their favorite basketball teams and players. The offerings are notably a part of Robinhood’s new prediction markets hub located in the trading platform’s app. The March Madness […]
Business
March 17, 2025
Bet365 Forays into Tennessee and Illinois
Bet365, a leader in sports betting, has expanded its US presence by launching in two new markets. The company’s products are now available to players in the states of Illinois and Tennessee, providing locals with exciting wagering opportunities. Bet365 Enters Tennessee Bet365 announced that it will function as an independent operator in Tennessee. The Volunteer […]
Business
March 14, 2025
Cirsa IPO on Hold as Blackstone Reacts to Market Uncertainties
Late last month, we reported that the private equity firm, Blackstone, may consider introducing initial public offering (IPO) for Cirsa, the leading Spanish gambling company. Going public on Madrid’s stock exchange may raise between $746 million and $1.1 billion for 20% or 25% of its shares. However, while Cirsa was expected to go public at […]
Business
March 14, 2025
LNW Gaming to Shut Down Michigan Facility, Lay Off Workers
Light & Wonder subsidiary LNW Gaming has announced that it will be shutting down a facility in Michigan. This will lead to layoffs, which will affect roughly 100 employees, according to a filing by the company. Layoffs Are Upcoming As outlined in a WARN notice submitted to the Michigan Department of Labor and Economic […]
Business
March 13, 2025
Andy Hendrickson Resigns from CTO Role at Aristocrat
The global entertainment and gaming content company, Aristocrat Leisure Limited, announced changes to its senior-level management team. On Wednesday this week, the company confirmed that its chief technology officer, Andy Hendrickson, has taken the decision to resign from his role. After Four Years with Aristocrat, Hendrickson Stepped Down It was back in July 2021 when […]
