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Blockchain
July 16, 2024
Founder of Crypto Casino Admits to Misusing Investor Funds, Resigns
The founder of an up-and-coming crypto casino that seeks to deliver customers odds equal to the ones with the house, reportedly admitted to gambling away a solid sum belonging to investors. The case involves the crypto casino platform, Zero Edge and its founder, Richard Kim. Besides the founder of Zero Edge, Kim was formerly a […]
Business
July 16, 2024
Relativity Acquisition Confirms Plans to Merge with Mazaii in $500M Deal
Blank check company sponsored by the Delaware limited liability company, Relativity Acquisition Sponsor LLC, Relativity Acquisition Corp., has announced its intention to acquire the Montreal-based innovator within the online gambling industry, Mazaii Corp Ltd. Recently, Relativity Acquisition confirmed it has entered a letter of intent for the acquisition of the iGaming developer. Under the terms […]
Slots
July 15, 2024
Betsoft Completes Alkemor Trilogy with Coins of Alkemor – Hold&Win
Leading provider of innovative online gaming solutions, Betsoft Gaming, has announced the launch of its freshest slot game, Coins of Alkemor – Hold & WinTM. The 3×3 game released on July 11 is available on all partner platforms and completes the first trilogy of Alkemor’s lengthy arcane story that was initiated with Alkemor’s Tower on […]
Business
July 12, 2024
ComplianceOne Reportedly Enters Insolvency Due to Financial Difficulties
ComplianceOne Group, a provider of compliance solutions to gambling operators, is entering insolvency, according to NEXT.io. The company’s chief executive attributed the development to the fact that his company had failed to secure enough contracts. CEO Antonio Zanghi told NEXT.io that his team will no longer be able to meet its financial obligations due to […]
Business
July 11, 2024
Apax Partners Fully Exits Equity Position in Genius Sports
Apax Partners LLP’ Funds (Apax Funds) have fully monetized their equity interest in the official data, technology, and commercial partner powering the global ecosystem that ties sports, betting, and media, Genius Sports Limited. Apax no longer holds any shares in the company that allows its technology to be used in more than 150 countries. Apax […]
Slots
July 10, 2024
Wazdan Releases 9 Lions Hold the Jackpot with Cash Infinity
Leading developer with a focus on engineering “the world`s most rewarding casino game experiences,” Wazdan, has started the month of July with a series of important news and developments. Today, the studio announced the release of 9 Lions Hold the Jackpot. The 3×3 slot with an Oriental theme is revamping one of its classic titles […]
Business
July 10, 2024
Betfred Reports Loss Despite Nearly Doubling Online Gambling Revenue
Betfred’s online gambling operations have grown significantly, but the company reported a pre-tax loss of £71.7 million ($91.7 million) for the year ending October 1, 2023 – a massive swing from its £19.6 million ($25.1 million) profit in the previous year. Betfred’s Turnover Climbs 25.6%, Driven by 99% Surge in Online Revenue Overall turnover at […]
Business
July 9, 2024
Roger Parkes Departs Betway Group after Nearly a Decade of Service
Roger Parkes, Betway Group’s esteemed director of compliance and regulatory affairs, has announced his departure from the leading company after nearly a decade of dutiful service. Parkes, a key figure in shaping Betway’s compliance framework, revealed his decision to take a break, recharge, and reflect before pursuing his next professional challenge. Betway Bids Farewell to […]
Business
July 8, 2024
EveryMatrix Acquires FSB Technology in Its Biggest M&A Deal Ever
EveryMatrix announced that it has acquired full turnkey and specialist sportsbook technology provider FSB Technology in a new all-cash deal. Set to underpin the OddsMatrix sportsbook platform and odds feeds division, the acquisition will create instant value for EveryMatrix. According to the announcement, the arrangement will generate immediate additional revenues and cross-company synergies. Additionally, it […]
Slots
July 5, 2024
Blueprint Launches Luck O’ The Irish Cash Strike with Rapid Fire Jackpots
Leading UK-based game studio that creates exciting slot games for the global online and mobile market, Blueprint Gaming, has announced the upcoming release of Luck O’ The Irish Cash Strike. This new 3×3 slot will incorporate the highly-praised Rapid Fire Jackpots mechanic. Luck O’ The Irish Cash Strike Metrics Overview Find the Gaelic Gold The […]
