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Business
January 14, 2025
BetMGM & Entain Reaffirm 2024 Guidance amid Mixed Results
Entain plc and its subsidiary BetMGM have reaffirmed their 2024 EBITDA guidance ahead of their financial results report. This follows a recent Entain stock drop of nearly 10% due to market volatility. BetMGM and Entain Reveal Guidance for 2025 One of the world’s largest sports betting and gaming groups, Entain plc, as well as daughter […]
Business
January 14, 2025
Digitain Malta Promotes from Within, Names Aida Vardanyan CEO
Digitain, an industry-leading iGaming software provider, has announced that Aida Vardanyan will step in as CEO of its Malta unit. In this position, she will be tasked with leading the business and continuing its success story. Digitain Promotes Vardanyan as CEO of Its Malta Unit As CEO of Malta, Vardanyan will oversee the company’s local […]
Business
January 13, 2025
Stake Expands European Footprint with VinderCasino Acquisition in Denmark
Global online gambling operator Stake announced it had acquired MocinoPlay’s VinderCasino. The brand is well-known in the Danish casino market, representing another significant milestone in Stake’s ongoing strategy to expand its presence across regulated markets in Europe and beyond. This acquisition follows similar deals in 2024 and will likely not be the company’s last such […]
Business
January 13, 2025
Play’n GO Enters Michigan, Pens Its First Tribal Operator Deal
Play’n GO, a leading provider of content to the global casino industry, has unveiled a new tie-up with an American tribal gaming operator. According to the announcement, the Swedish supplier will deliver its world-class content to Eagle Casino & Sports, a tribal online gaming company in Michigan. Play’n GO’s First Tribal Gaming Deal Play’n GO’s […]
Business
January 10, 2025
Betfred Leaves Nevada, US Exit May Be Imminent
Gaming company Betfred has just exited Nevada’s gaming market, leaving it operational in a single US jurisdiction. The operator has been gradually scaling down its American operations, hinting at a possible exit from the region. All Outstanding Bets Will Be Respected On its official website, Betfred confirmed the exit, warning patrons about its exit from […]
Business
January 9, 2025
Star Entertainment Shares Drop as Company Reports Decline in Cash
The Star Entertainment Group, an Australian casino and hospitality company, remains in peril amid regulatory and financial challenges. The company, which was extensively scrutinized over regulatory violations, negligence and overall lack of oversight, continues to see its share price plummet. The Company Reported a Drastic Drop in Available Cash Yesterday, the group, which is trading […]
Business
January 8, 2025
Kambi Partners with Stake to Drive Sports Betting Expansion
Sports betting solutions provider Kambi Group plc announced a strategic partnership with rapidly growing global operator Stake, which is seeking to expand its reach into regulated markets. The collaboration debuted with the launch of Stake’s Kambi-powered sportsbook in Brazil as the country’s modernized gambling jurisdiction made it one of the world’s most anticipated sports betting […]
Business
January 8, 2025
Fortuna Entertainment Group Names Dieter John CEO as Victor Corcoran Steps Down
Fortuna Entertainment Group (FEG) has announced the appointment of Dieter John as its new chief executive officer. As someone who has already impacted the company’s business, the appointee is well-positioned to deliver a new phase of growth. The New Appointee Heralds a New Phase of Growth According to FEG’s official statement, John was named CEO […]
Business
January 8, 2025
Tipico to Acquire Admiral Austria, Bolstering European Presence
Gaming technology group NOVOMATIC AG has agreed to sell its Austrian subsidiary, ADMIRAL Austria, to the Malta-based Tipico Group. This mutually beneficial agreement should help Novomatic expand its global presence while strengthening Tipico’s market share in its core jurisdictions. Both companies were optimistic regarding the sale as they remain confident in their continued growth. The […]
Business
January 8, 2025
Paradise Entertainment and Tangiamo Sign Strategic Deal
Paradise Entertainment Limited and Tangiamo Touch Technology enter a new partnership that will see both expand their reach in the Asian and European markets. The Two Companies Pursue Growth in Europe and Asia Paradise Entertainment Limited is a company working on the development, sale, and leasing of electronic gaming equipment and systems. It also provides various […]
