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Business
April 2, 2024
Soft2Bet Celebrates New Office with Ribbon Cutting Ceremony
Soft2Bet, a leading operator and provider of iGaming and online sports betting solutions, has inaugurated a new office in Malta. According to the company, this opening will allow it to scale its team, in line with its corporate ambitions. According to the operator and platform provider, its new office is located in The Quad Central […]
Business
April 2, 2024
Advent International to Take Nuvei Private Under New Agreement
The leading payment technology provider, powering companies across the globe, Nuvei Corporation, announced a new strategic agreement. On Monday, the company confirmed it has entered into a definitive arrangement agreement to be taken private by the leading and most experienced global private equity investor, Advent International. The latest move is supported by the company’s holders […]
Business
April 2, 2024
NY Betting Operators Post Uptick in Handle Fueled by March Madness
January 8, 2022, marked a monumental date for betting enthusiasts and sports fans alike in New York. This was the date when the state officially launched its online sports betting market, paving the way for the exponential expansion of the activity across The Empire State. Since the launch of mobile betting, more than two years […]
Business
April 2, 2024
Genius Sports Parts Ways with Apax Partners’ Gabriele Cipparrone
Genius Sports, a data and tech partner that powers the global ecosystem connecting sports, betting and media, announced the departure of Apax Partners partner Gabriele Cipparrone from its board of directors. The director’s exit comes in the wake of a reduction in holdings in Genius Sports by Apax Funds through a secondary sale on April […]
Business
April 2, 2024
DraftKings Triumphs as “Clear Winner” among Competitors, Says New Survey
Amid the expansion of sports betting across the United States, competition in the sector remains fierce. Currently, close to 40 states offer some form of legal wagering on sports, with most providing options for both retail and online/mobile betting services. With that in mind, each state represents a competition for sports betting operators, despite the […]
Business
April 2, 2024
Fitch: Bally’s Corporation’s Rating Downgraded, Outlook Negative
The leading ratings agency, Fitch Ratings, announced a new downgrade, affecting Bally’s Corporation. This marked another downgrade for the company recently, which has now seen action from three rating agencies, Fitch included. On Monday, Fitch Ratings said that it downgraded the company’s Issuer Default Rating (IDR) from “B+” to “B.” Additionally, the company said it […]
Business
March 29, 2024
Caesars Sportsbook Grabs the Prestigious RG Check Accreditation
Gambling giant Caesars announced that its sports betting arm, Caesars Sportsbook, has received the Responsible Gambling Council’s prestigious RG Check accreditation. The achievement, the operator said, includes an assessment of Caesars Sportsbook’s commitment to responsible gambling in key areas, such as education, public awareness and funding for responsible gambling organizations. The RG Check accreditation process […]
Business
March 28, 2024
Allied Gaming Reports 21% Increase in Revenue for 2023, Cuts Costs
The fast-growing esports entertainment and gaming company with a global presence, Allied Gaming & Entertainment (AGAE), released its latest financial update, highlighting key details for its performance during the fourth quarter and full year 2023. The company reported strong growth in revenue, complemented by a decrease in costs and expenses. In total, AGAE’s revenue for […]
Business
March 28, 2024
AGCO Issues Certificate of Registration to Soft2Bet
Soft2Bet, a leading operator and provider of iGaming and online sports betting solutions, announced that it has secured a Certificate of Registration in the Canadian province of Ontario. This achievement marks a step toward the launch of the company’s Tooniebet.com online casino brand in the region. The certificate, provided to Soft2Bet by the Alcohol and […]
Business
March 28, 2024
Harris Hagan to Elevate David Whyte to Partner Role
Harris Hagan, the company with the largest dedicated gambling legal and regulatory team in the United Kingdom, announced a senior-level promotion. The firm has announced it has decided to promote its senior associate, David Whyte, to the role of partner. Taking the role of partner as of April 1, 2024, Whyte joins Bahar Alaeddini and […]
