Business News and Headlines
Business
March 3, 2022
Bitcasino Adds Nigerian Singer Tekno as Brand Ambassador
Bitcasino continues to build up its public relations by adding more prominent people to its brand name. The latest representative for the growing iGaming brand that focuses on crypto gaming and zeroes wagering requirements is Augustine Miles Kelechi, a Nigerian musician known by the moniker of Tekno. Spreading Bitcoin Through Music The 29-year-old singer is […]
Business
March 3, 2022
Venetian and Palazzo Casino Resorts Create Value Sharing Program for Employees
The Venetian and The Palazzo Casino Resorts on the Las Vegas Strip have decided to come up with a revenue-sharing scheme that will enable staffers to contribute towards the properties’ sustainability and profitability and get something out of it as well. Giving Employees Deserved Job Assurances This is done at the behest of Apollo Global […]
Business
March 3, 2022
Morgan Stanley Optimistic about DraftKings’ Stock Despite Short-Term Losses
A recent Morgan Stanley analyst note is bullish on the potential of the DraftKings stock as gaming shares are a hotly debated topic in investment circles. Some have advised that more consolidation of the sector would be needed before any real gains can be realized. Yet, the outlook from Morgan Stanley for the fantasy and […]
Business
March 3, 2022
SciPlay Acquires Alictus Studio in up to $300M Deal
Developer of social casino experiences SciPlay has added another high-profile mobile studio to its lineup of assets, expanding the reach of its gaming nous and expertise. The acquisition of Alictus, a Turkey-based development studio of casual game experiences, has become the latest asset that SciPlay will now run under its umbrella. SciPlay Pays Initial $100m, […]
Business
March 2, 2022
Stats Perform Unveiled New Data and AI Products for Sportsbooks
Stats Perform, a global sports data technology and artificial intelligence (AI)-driven firm unveiled today five new products for sports betting operators that would elevate bettor experience. ‘Light Up Your Sportsbook’ The range of new products revealed at the “Light Up Your Sportsbook” online event leverages live streaming, player stats bets, same-game multis, and other sports […]
Business
March 2, 2022
HighStakes Brings Trading, Crypto, and Gaming Platform Online
HighStakes has become the latest platform to launch a dedicated gambling experience that features crypto and trading through a new one-shop website. The HigStakes.com portal is dedicated to online poker, sports betting, casino gaming, as well as trading, and crypto. HighStakes Introduces New Website The company is using products developed by One Touch, Evolution, and […]
Business
February 28, 2022
Playmaker Hired MetaBet for Player Engagement and Conversion
Digital sports media company Playmaker announced today a strategic partnership in the sports betting product and content space with MetaBet aimed at increasing user engagement and integration of conversion tools. Engagement and Conversion at Scale The deal between Playmaker and the provider of automated and contextual sports betting products MetaBet will see the integration of […]
Business
February 28, 2022
Parimatch Announced $1m Fund to Support Defense of Ukraine
Sports betting operator based in the CIS region Parimatch joined the international effort to provide support to Ukraine by launching a UAH30 million ($1 million) fund. Funds for Ammunitions, Food and Medicines The decision to provide the funds for defenders of Ukraine that are currently fighting against the invading Russian armed forces was announced in […]
Business
February 28, 2022
IGT Agrees to Sell Italian Proximity Payment Brands to PostePay for $785M
International Game Technology, а multinational slot machine and gambling tech producer, has revealed that it will sell its Italian proximity payment business to the prepaid card provider PostePay in a $785 million deal. IGT Will Use the Money to Pay Its Debts The agreement will see PostePay purchase LIS Holding directly from IGT and acquire […]
Business
February 28, 2022
Markey Becomes XLMedia Interim Chair In the Wake of Bell’s Leave
XLMedia, a market-leading performance marketing company, has recently parted ways with Christopher Bell who resigned from his position as chairman. The company has now announced that Julie Markey will temporarily fill in the vacant seat as an interim chair. Markey Takes Over for the Time Being Until a suitable permanent substitute is found, Markey will […]