Business News and Headlines
Business
April 29, 2022
Scientific Games Finalized Its Rebranding to Light and Wonder
Scientific Games, a US-based provider of gambling products and services, has completed its rebranding to Light and Wonder. As of now, the company and its NASDAQ stock will go under the new name. Light and Wonder to Focus on the Digital Vertical Light and Wonder has also gotten a new logo and will trade on […]
Business
April 29, 2022
Flutter Entertainment Appoints Carolan Lennon as Non-executive Director
Flutter Entertainment has decided to strengthen its board of directors by adding Carolan Lennon as a non-executive director. This announcement comes after Michael Cawley announced in February that he will be stepping down, together with fellow director Zillah Byng-Thorne. Lennon’s Appointment Will Be Effective on July 1 Although the main news of the annual general […]
Business
April 28, 2022
Churchill Downs to Put $200M for Renovation of the Paddock Area
Churchill Downs Incorporated, a major racetrack and betting company, has opted to invest $200 million in a major makeover of the Paddock area at the Churchill Downs Racetrack. The Paddock Area Will Rock a New Look Churchill Downs’ namesake venue is its most important racetrack which is why the company will waste no money or […]
Business
April 28, 2022
Rivalry Boasts 2021 as Its Strongest Year to Date
Rivalry has emerged from one of its strongest years to date with the company announcing the results for 2021 and reporting a 640% increase in revenue to $11.1 million compared to 2020. Steven Salz, the company’s chief executive, hailed the year as “tremendous by nearly all measures.” Strong Year for Rivalry in 2021 The company’s […]
Business
April 27, 2022
BetParx and Club Pro Guy Officially Announce Their Partnership
betParx, a well-known iGaming and online sportsbook platform, and Club Pro Guy have announced their partnership via a two-minute video. With this development, betParx is looking to expand its customer number as it plans to influence the millions of CPG fans and allow them to play legal online casino games and bet on sports online. […]
Business
April 27, 2022
Blackstone Set to Wait Three More Weeks to Take Over Crown Resorts
Blackstone’s takeover of Crown Resorts has been delayed due to the fact that the private equity company needs to make a case with Australian regulators that it is fit to be in control of the casino operator. As a result, Blackstone will have to wait additional 3 weeks to receive the necessary approvals. The Company […]
Business
April 27, 2022
Boyd Gaming Maintains Its Business Momentum with Strong Q1 Results
Boyd Gaming Corporation, a US-based gaming and hospitality company, has seen a significant increase in its revenues during the first quarter of 2022. Boyd Gaming Earned $860M in Q1 According to the official figures shared by the company, it has earned $860.7 million for the three months of the current year. This marks a 14% […]
Business
April 26, 2022
Pointsbet Canada Appointed Brett Jackman as VP of Strategy
PointsBet continued to strengthen its Canadian executive team with the appointment of Brett Jackman as the new Vice President of Strategy for PointsBet Canada. ‘Expertise and Vision’ New VP of Strategy for PointsBet Canada Jackman is joining the Australian-based sportsbook operator from Rogers Communications (RCI) and will be reporting directly to PointsBet Canada’s chief executive […]
Business
April 26, 2022
High-Risk Gamblers Make Up only 3.3% of Kindred’s Profits
Kindred Group, a company operating nine gambling brands, has reported that a smaller portion of its revenues come from problem bettors than in 2021. Kindred Earns Less from Problem Gamblers According to numbers shared by the company, only 3.3% of its overall revenues during the first quarter of 2022 have come from harmful gambling. Taking […]
Business
April 25, 2022
Elys Game Signed Exclusive Ohio Partnership with Wright Bet
Interactive gaming and sports betting company Elys Game Technology announced today that its footprint in Ohio would be expanding via an exclusive partnership with Wright Bet. Local Businesses to Get Their Fair Betting Share Elys Game Technology and Wright Bet signed an exclusive agreement to operate multiple sportsbooks in Ohio for which Elys’ wholly-owned subsidiary […]