Business News and Headlines
Business
January 12, 2022
PointsBet Names Dr. Eric Lee VP of Diversity, Equity and Inclusion
Global online gaming operator PointsBet announced on Tuesday that it hired the services of Dr. Eric Lee. By joining the company, Lee is going to serve as a vice president of diversity, equity, and inclusion (DEI). PointsBet Selects Eric Lee as Vice President of Diversity, Equity and Inclusion In his new position, Lee is going […]
Business
January 12, 2022
Vivo Gaming Continues Expansion, Picks Martin Hodges for Marketing Director
Vivo Gaming, the leading live casino software provider announced that it appointed Martin Hodges as the company’s new marketing director. Martin Hodges Joins Vivo Gaming as Marketing Director Spending more than 11 years as a part of the iGaming industry, Hodges undoubtedly has an array of skills that will help him in his new position. […]
Business
January 12, 2022
Everi Buys Atlas Gaming Assets for Toehold in Australian Slot Market
Everi Holdings, a US-based casino and gaming equipment manufacturer, is set to acquire what it has described as strategic assets from Australia-based iGaming developer Atlas Gaming. In doing so, Everi will retain key team members who will help the company with the transition as well as the future running of operations. Atlas Gaming’s Software and […]
Business
January 12, 2022
Flutter Completes Tombola Acquisition, Appoints Reilly as MD
The Irish bookmaking holding company Flutter Entertainment has finalized its acquisition of the British online bingo platform Tombola – a deal that was announced back in November. Following the agreement’s completion, Flutter appointed Ben Reilly, the commercial director of Paddy Power Sports, as the managing director of the newly acquired business. Flutter Completes Acquisition The […]
Business
January 12, 2022
Codere’s Operations in Argentina Could be the First to be Sold
It’s been over a month since shareholders took control of Spanish gaming operator Codere and warned that asset sales would be coming. Now, the first group of assets is on the chopping block, with the shareholders possibly looking to sell Codere’s stakes in Argentina. This is part of a plan by the group to assist […]
Business
January 12, 2022
MegaLuck Casino in Jeju, South Korea May Be Out of Luck
Jeju Island in South Korea was once a hotbed for casinos. This is currently not the case because of COVID-19. Several small entities have folded and another is about to be added to the list. GGRAsia reports that, according to a letter that was sent by the Jeju KAL Hotel to a labor union, the […]
Business
January 11, 2022
Super Group Announces It Has Met Its H2 2021 Targets
Super Group, the ownership company of the global online gambling company Betway, has revealed that it has met the forecasts for the second half of 2021 it had made in August. The announcement comes just before Super Group’s planned initial public offering. Super Group’s IPO and August Forecast Despite a few setbacks, Super Group has […]
Business
January 11, 2022
FuboTV’s Preliminary Q4 Results Exceed the Company’s Expectations
FuboTV has just released its preliminary Q4 results, and they are looking good for the company. Data shows that subscriber metrics and revenue are likely to exceed the original numbers that were issued, even though the company’s stock has fallen by 5% just recently. Q4 Revenue Is Expected To Be More Than $210 Million The […]
Business
January 11, 2022
LVBet Boosts Responsible Gambling via Jada Gaming Partnership
Leading iGaming brand based in Malta, LVBet, announced a new partnership with the data and analytics AI specialist Jada Gaming. LVBet to Leverage Jada Gaming’s Platform Thanks to a New Partnership The new collaboration aims at strengthening the online sportsbook and casino operator’s responsible gambling capabilities. Besides growing, LVBet has previously vowed to ramp up […]
Business
January 11, 2022
Genting Group Subsidiary Facing Insolvency After Failing to Secure Lifeline
A few years ago, Genting Hong Kong set out on a mission. It envisioned a fleet of casino cruise ships and was so determined to realize its dream that it bought its own shipbuilder in Germany. It didn’t take long before trouble surfaced by way of a global pandemic, and Genting Hong Kong was caught […]