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Gambling News - 'Business'
Business
July 17, 2023
Catena Media Unveils $5.4M Share Buyback Program
Catena Media, a global leader in generating high-value leads for operators of online casino and sports betting platforms, has unveiled a new SEK 55 million ($5.36 million, current conversion rates) share buyback program. The buyback was approved by the company’s board of directors during the extraordinary general meeting on July 12 and following an initial […]
Industry
July 12, 2023
Gambling.com Group and the Independent Enter Landmark Partnership
This groundbreaking partnership leverages Gambling.com’s global affiliate network and The Independent’s leading presence in the UK to redefine the landscape of gambling-related content and provide readers with comprehensive and reliable information on the world of online gaming. The deal takes advantage of the booming UK gambling market, catering to the country’s wagering audience. UK Gamblers […]
Business
July 11, 2023
Barstool Closes Its Services for 72 Hours as It Migrates to an In-House Platform
Customers received notices of the planned downtime on 7 July, warning them that the process could take several days. Switching from Kambi to a proprietary platform has significant implications for the operator, hopefully helping offset its recent troubles across the USA. The move should also benefit customers, providing a more responsive and reliable experience. Users […]
Business
July 10, 2023
Codere Designates Gonzaga Higuero as CEO
Codere Group/Grupo Codere, a Spain-headquartered gambling operator, has updated its leadership team with a new chief executive officer. The one up to the task is the experienced Gonzaga Higuero who will now be responsible for leading the organization and driving growth. In his new position, Higuero will enact the operator’s expansion strategy in many key […]
Business
July 7, 2023
Star Entertainment Onboards Peter Hodgson, Taking a Decisive Step toward Compliance
Despite remaining one of Australia’s leading operators, Star remains in a precarious position. Ongoing controversies, falling stock prices, and regulatory pressures have urged the company to take urgent measures or face further damage to its business. Hodgson’s appointment marks the end of Star’s board renewal program, hopefully providing sufficient breathing room to focus on stabilizing […]
Business
July 6, 2023
Rootz Names Sam Brown CEO as Rantala Steps Down
Rootz, a provider of solutions to the iGaming industry, unveiled a major transition in its executive leadership. As announced by the company, Rootz’s co-founder and CEO, Lasse Rantala, will be stepping down from his position. Rantala will be succeeded by Sam Brown, the company’s current chief commercial officer. Rootz was founded in 2018 and quickly […]
Business
July 6, 2023
Freemarket Adds Annie Osborne as Business Development Director
Freemarket, an industry-leading platform for financial technology that provides regulated B2B cross-border payments and currency exchange for small to medium-sized businesses, has announced a new appointment. The company has strengthened its management team with the appointment of the experienced Annie Osborne as business development director. According to the announcement, Osborne is an industry veteran who […]
Business
July 5, 2023
Sky Bet and Sporting Solutions Renew Their Long-Standing Partnership
This latest renewal comes after nine years of mutual success as both businesses excelled in the highly competitive sports betting industry. The stability inherent in such a long-standing partnership should provide the two companies with a stable platform, driving sustainable growth and allowing them to focus on expansion opportunities and other strategic collaborations. Lasting Collaboration […]
Business
July 5, 2023
Light & Wonder Bids Farewell to CFO Connie James
Light & Wonder will be parting ways with its chief financial officer Connie James. She will be temporarily replaced by Oliver Chow who will serve as interim CFO until the company finds a permanent successor. As announced, James will depart from the company on August 25 and will explore opportunities outside of the gambling industry. […]
Business
July 4, 2023
Shai Tabibian Parts Ways with 888
Shai Tabibian, 888 Holdings’ SVP head of B2C will be departing from the company. The outgoing head made the announcement on LinkedIn, thanking his colleagues for the incredible moments they have had together. Tabibian boasts 9 years with the company, serving the company in a variety of capacities. His tenure included stints as head of […]