Business
April 14, 2022
McGuire to Become Sportech’s Chairman after Vardey’s Leave
Sportech, UK-headquartered online gambling, and entertainment company has confirmed changes to its leadership board. Giles Vardey, who served as the firm’s independent non-executive chairman, is leaving his position today, Sportech announced. Vardey Leaves the Company Vardey has been a staple member of Sportech’s team ever since he joined the company in November 2017. His initial […]
Business
April 14, 2022
Novibet Signs Deal With Horse Racing Champion Jockey Brian Hughes
Novibet has signed an agreement with horse racing champion jockey Brian Hughes, marking its first horse racing agreement in history. The new deal is expected to strengthen the company’s position in the horse racing industry while improving its presence in the sports betting market in Ireland. Brian Hughes, Novibet’s Partner for the Remainder of the […]
Business
April 14, 2022
Super Group’s YoY Revenue Shoots Up 45% in 2021, Marking a Good Year
After revealing a 36% year-over-year (YoY) net gaming revenue increase projection for 2021 in its preliminary full-year report at the end of February, Betway and Spin holding company Super Group (SGHC) made its full-year results public. The group only recorded a 29% increase in net gaming revenue. However, Super Group recorded impressive YoY increases in […]
Business
April 13, 2022
Aristocrat’s CFO Julie Cameron-Doe Leaves the Company on April 15
Aristocrat Leisure, the leading provider of gaming solutions, announced that Friday will be the last day for its current chief financial officer (CFO). Aristocrat to Part Ways with Current CFO The company has announced that Julie Cameron-Doe, who is currently serving as CFO will step down effective from this Friday, April 15, 2022. It was […]
Business
April 13, 2022
IGT and Aristocrat Sign Complex Patent Deal for Cross-Licensing
Global gaming equipment and content provider International Game Technology Plc (IGT) has agreed to sign a complex patent cross-licensing deal with its industry rival Aristocrat Leisure Ltd. The agreement will cover a series of important patents tied to remote game server (RGS) solutions and game features. The financial terms of the deal have remained undisclosed. […]
Business
April 13, 2022
Bally’s Acquires $5M Snipp Stake, Integrates Gambit Rewards
A subsidiary of Bally’s Corporation signed an agreement with Snipp Interactive to acquire a minority stake at the global provider of digital marketing promotions, rebates and loyalty solutions. First Refusal to Competitor Acquisition Bids Bally’s Corporation’s subsidiary will invest a total of $5 million in Snipp and as part of the investment will gain the […]
Business
April 11, 2022
PointsBet Becomes Official Sports Betting Partner for MLSE’s Pro Teams
PointsBet Canada has signed a multi-year deal with sports and real estate company Maple Leaf Sports & Entertainment (MLSE). According to the agreement, PointsBet will become one of MLSE’s official sports betting partners. The New Partnership Is Historic PointsBet Canada’s chief executive officer Scott Vanderwel called the new agreement a “historic deal”, adding that partnering […]
Business
April 11, 2022
International Game Technology to Acquire iSoftBet in a $174M Deal
International Game Technology (IGT), a multinational business-to-business provider of slot machines and gambling technology, has reached a definitive agreement to acquire the casino solutions provider iSoftBet. IGT to Acquire iSoftBet in a $174M Deal The two parties have agreed on the final sum of $174 million in cash. Thanks to this acquisition, IGT will expand […]
Business
April 11, 2022
Nelson Parker Named Senior Vice President, Strategic Development at MGE
On Thursday, April 7, Mohegan Gaming & Entertainment (MGE), a leading entertainment and gaming brand, announced that Nelson Parker, a US casino industry veteran, was appointed SVP of Strategic Development at the company. Parker, who is well-seasoned in leading complex multi-party transactions and hotel and casino development projects, will seek, find, evaluate, and implement growth […]
Business
April 7, 2022
New York Mets & Caesars Entertainment Sign Multi-Year Deal
America’s largest gaming company and worldwide leader in hospitality Caesars Entertainment Inc has signed a multi-year deal with the New York Mets. According to the agreement, Caesars Sportsbook will turn into the Major League Baseball franchise’s official partner for sports betting. The New Partnership Follows Caesars’ Goal to Become a Market Leader After the official […]
