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Business
July 5, 2024
Kambi Withdraws 2027 Financial Targets amid Market Uncertainties
Kambi Group plc’s Board of Directors has withdrawn its previously announced 2027 financial targets, citing slower-than-expected regulatory progress in key markets as a primary reason. The decision follows a comprehensive review initiated in February, which reassessed the company’s progress in its core jurisdictions, challenging the assumptions that shaped its January 2023 financial targets. This Downturn […]
Business
July 4, 2024
William Hill Reports Strong Financials Despite Challenging Market Conditions
In its annual financial report for the fiscal year ending on December 31, 2023, William Hill presented a strong financial performance, which showed resilience and strategic progress in the market. William Hill Reports Slightly Lower 2023 Earnings, But Sees Growth in Key Areas William Hill’s earnings for 2023 were £1.2 billion ($1.5 billion), slightly down […]
Poker
July 2, 2024
ACR Poker Announces Greatest Mystery Bounty and PLO Tourneys Yet
The popular poker online platform formerly called Americas Cardroom which is now part of the Winning Poker Network, ACR Poker, is preparing a very special month of August for fans of No Limit Hold’em and Pot Limit Omaha. ACR has announced it is getting ready to debut its largest Venom Mystery Bounty and PLO tournaments […]
Business
July 2, 2024
EveryMatrix’s DeepCI Rebrands to PartnerMatrix Intelligence
EveryMatrix announced that its DeepCI global affiliate intelligence platform has rebranded to PartnerMatrix Intelligence. Now boasting a new identity, the subsidiary will continue its quest to create an all-in-one affiliate management and data tracking powerhouse. EveryMatrix originally acquired DeepCI a year ago, aiming to offer a superior customer experience through the latter company’s data-driven capabilities. […]
Sports
July 1, 2024
1XBET Renews FC Barcelona Deal for Five Seasons
FC Barcelona unveiled the renewal of its partnership agreement with 1XBET. As a result, the online gambling operator will continue to serve as the club’s global partner and official betting partner. Under the extended agreement, the tie-up has been extended for five more seasons and will therefore run through June 2029. The agreement will provide […]
Industry
July 1, 2024
Rivalry Parts Ways with Nearly 30 Employees
Earlier this year, Rivalry, the globally licensed sportsbook and industry underdog built to revolutionize the betting and entertainment sector, announced its intention to continue growing by securing new business-to-business (B2B) licenses and expanding its crypto options. The move signaled the company’s plan for expansion and the scaling up of its operations. Yet, in an unexpected […]
Business
June 28, 2024
GiG Names Christian Uhrenholt as Gentoo Media CFO
Gaming Innovation Group (GiG), the leading technology company that supplies iGaming operators with solutions, services and products, strengthened its affiliate business with the addition of Christian Uhrenholt. On Friday, the company announced it appointed the executive with extensive experience to the role of chief financial officer (CFO) of Gentoo Media, its successful affiliate business. The […]
Business
June 27, 2024
FansUnite Asks Shareholders to Approve $37.5M Sale of Betting Hero to GeoComply
FansUnite Entertainment announced the sale of its Betting Hero business to GeoComply Solutions and Hero Group Corp. As per the deal, FansUnite will sell all outstanding shares for $37.5 million, $30.6 million of which will be paid in cash at the closing. FansUnite added that it expects approximately $20 million in net proceeds from the […]
Business
June 27, 2024
Aristocrat Interactive Launches New RMG Era with Integrated Business Segment
Aristocrat Interactive has achieved an important development in digital gaming by unveiling its latest business segment – a move that it claims will transform the online real-money gaming (RMG) industry. The company made its announcement during a recent investor presentation in Las Vegas, establishing Aristocrat Interactive as its global brand name for Anaxi and NeoGames. […]
Business
June 26, 2024
Juroszek Family Purchases SkyCity’s Stake in GiG
The Juroszek family, a group of influential Polish investors, has increased its shareholding in Gaming Innovation Group (GiG), a leading iGaming provider and affiliate. As of Monday, June 24, the family held 25.06% of the business. The larger part of this increased shareholding was purchased from SkyCity Holdings, which sold its 10% to the Polish […]
