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Business
March 28, 2024
Conexus Group Launches M&A Advisory Firm Conexus Capital
The portfolio of world-class businesses that specialize in the provision of recruitment, training, consulting, Mergers & Acquisitions (M&A) Advisory, marketing, and managed services, Conexus Group, has announced the launch of a specialist M&A advisory firm. As announced by the group with offices all around Europe, the US, and the Asia Pacific region, the new firm, […]
Business
March 28, 2024
888 Confirms Intention to Sell US B2C Assets to Hard Rock Digital
The leading gaming and entertainment company, 888 Holdings, currently has a presence in four US states. The company has established iGaming operations in New Jersey, offers sports betting in Virginia and Colorado and has iGaming and sports betting presence in Michigan as well. Earlier this month, 888 confirmed it engaged in a review of its […]
Business
March 28, 2024
Evolution Teams Up with Rush Street, Forays into Delaware
Evolution, a leading provider of B2B solutions and live casino, has made a foray into Delaware thanks to a partnership with Rush Street Interactive. Under the agreement, the former company will supply content to the Delaware Lottery and its three online casinos. As per the agreement, Evolution will inject proprietary content into BetRivers’ operations in […]
Business
March 27, 2024
SSI Becomes a Member of the Oklahoma Indian Gaming Association
Signature Systems (SSI), an award-winning provider of point-of-sale solutions to the casino industry, has joined the Oklahoma Indian Gaming Association (OIGA). Under its membership, the latter company will continue to supply the state’s tribal gaming sector with its PDQ POS product. PDQ POS, which is SSI’s most sought-after product, will empower tribal gaming companies in […]
Business
March 27, 2024
Allwyn Reports Solid Results and Growth in Q4 and 2023
The leading lottery company with a strong presence across the globe, Allwyn, released its latest financial update Wednesday. The company uncovered details regarding its performance for the fourth quarter and full year 2023. Besides the preliminary figures, Allwyn highlighted achievements completed during and after the trading period which ended December 31, 2023. For the twelve […]
Business
March 27, 2024
Flutter CEO Enjoys Pay Raise after Solid 2023 Results
Earlier this week, the leading gaming and entertainment company recognized across the globe, Flutter Entertainment, posted $11.8 billion in revenue for 2023, signaling a 24.6% year-over-year increase. The company’s finances were impacted positively by its strong performance across the United States, yet Flutter also reported a $1.21 billion net loss. Besides its financial report, the […]
Business
March 27, 2024
Playtech Publishes Strong FY 2023 Results, Posts Optimistic Outlook
Playtech, a leading provider of gaming platform, content and services, has published its FY 2023 results, reporting an increase in revenue and adjusted EBITDA. The supplier reported strong performance across both its B2B and B2C segments and a resilient balance sheet. The company reported revenue of EUR 1.7 billion ($1.84 billion), representing an increase of […]
Business
March 27, 2024
MyPrize Closes Funding Rounds, Enjoys Enterprise Value Soar to $140M
The first online crypto casino, promising to revolutionize the gambling industry thanks to multiplayer capabilities, MyPrize, is preparing to launch its platform and technology this spring. Ahead of the launch, the company confirmed it completed two funding rounds, raising some $13 million. Thanks to the recently completed funding rounds, MyPrize’s enterprise value soared to a […]
Business
March 27, 2024
Tipico Becomes First US Sportsbook to Secure NCPG’s iCAP Accreditation
Tipico, a global leader in sports betting, has secured the National Council on Problem Gambling’s Internet Compliance Assessment Program accreditation (iCAP) in New Jersey and Ohio. The accolade highlights the company’s unparalleled customer protection efforts. The accreditation aligns with the NCPG’s goal to promote safer gambling and the reduction of gambling harm. Its iCAP accreditation […]
Business
March 27, 2024
Moody’s Changes Outlook, Downgrades Rating for Bally’s Corporation
In light of the upcoming redevelopment of Tropicana Las Vegas that would result in the creation of a baseball stadium that will be the home of the popular MLB team, Oakland Athletics, Bally’s announced recently that it held a couple of job fairs, seeking to help Tropicana workers find new employment. Acknowledging that it received […]
