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Gambling News - 'Global'
Business
July 29, 2024
LeoVegas Names Ex-MGA CEO Brincat as Regulatory Director
Carl Brincat, the former chief executive officer of the Malta Gaming Authority (MGA) has been onboarded by the LeoVegas Group. According to the announcement, LeoVegas will welcome the gambling regulation expert as its new director of policy and regulatory affairs. Brincat is set to step into the office in August. He will be based at […]
Business
July 26, 2024
Apollo Funds to Acquire IGT Gaming & Everi Holdings in Historic Deal
Apollo Funds, a newly formed holding subsidiary of Apollo Global Management, has set out to acquire International Game Technology’s IGT Gaming & Digital business and Everi Holdings in a historic arrangement. The transaction values the two companies at approximately $6.3 billion. This deal comes after an earlier agreement between IGT and Everi that saw the […]
Poker
July 26, 2024
PokerStars Makes Vegas Infinite Available for PlayStation5
Flutter Entertainment-owned PokerStars has announced the exciting launch of its social casino video game Vegas Infinite on PlayStation5. The news comes just over one year after the console game was successfully introduced to PlayStation VR2 players, enabling them to use virtual money to engage in slots, table games, and poker titles against real-life opponents and […]
Slots
July 25, 2024
Swintt’s ELYSIUM Studios Launches Fox Tale with Pick-a-Path Bonus
Swintt’s developer subsidiary ELYSIUM Studios acquired by the innovative star in the iGaming market in January 2024 has announced the launch of Fox Tale, a brand-new Japanese-themed slot with free spins and a Pick-A-Path bonus. Fox Tale Metrics Overview Enter the Japanese Forest and Meet Fox-Lady Kitsune The game introduces players to the world of […]
Slots
July 25, 2024
Stakelogic Releases Emperor’s Champion With up to 12,500x Max Win
Casino games studio with a goal to offer state-of-the-art titles that can “change the way players play,” Stakelogic, has announced the launch of Emperor’s Champion. The new 5×4 video slot counts 20 paylines, has variable RTP, and a maximum win potential of up to 12,500x the bet, which means it caters to the needs of […]
Business
July 24, 2024
High Euro 2024 Activity Bolsters Kindred’s H1 Report
Kindred Group has published its unaudited H1 report, highlighting increases across the board, driven by the company’s favorable performance in the second quarter of the year. CEO Nils Andén praised the solid quarter, saying that it builds on the solid start to 2024. In Q2 2024, the company reported a total revenue of £327.6 million […]
Business
July 24, 2024
Kambi Posts Favorable Q2 Metrics, Driven by Busy Sports Season
Kambi Group has published its financial report for the second quarter of the year, reporting a slight increase to €45.7 million ($49.6 million). The 3% increase in turnover would have stood at 20% instead if not considering the impact of the Penn online migration. Operating profit for the period, on the other hand, reached €6.2 […]
Business
July 24, 2024
AI-Powered Start-Up PlayAIO Secures Milestone Investment
In a milestone event, data-driven AI start-up PlayAIO raised significant funding from Astralis Capital via its fund, Astralis Fund I. Equally important, it is the first time this company has entered a new gaming incubation strategy, underlining the substantial potential of PlayAIO. With more promising start-ups embracing AI technology, the gambling sector may soon enter […]
Business
July 23, 2024
EveryMatrix’s Q2 Report Highlights Record Quarterly Profit Margin
Leading iGaming tech supplier EveryMatrix has posted its Q2 results, reporting its highest-ever quarterly profit margin. The tier-1 provider announced that its revenue for the period stood at EUR 42.4 million ($46 million) across all products, marking and increase of 57% year-on-year. In addition, the company set an all-time-high profit margin of 59%. According to […]
Slots
July 23, 2024
Evolplay Releases Young Wolf Song With Two Bonus Games
Evoplay, the award-winning developer of online casino video slots that are “meticulously crafted to captivate players with their diverse range of mechanics, features, and themes,” has announced the fresh release of Young Wolf Song. The game features the same types of innovative gameplay and immersive storytelling that fans of the studio that has recently received […]