Business News and Headlines
Business
January 6, 2022
Luckbox Charts a Busy Year of Player-Acquisition and Growth
Shortly after Rivalry posted its outlook for 2022 and recapped most of what had been achieved in 2021, Lockbox joined with an investor update of its own. Both companies are a rare breed of esports-first betting agencies that gradually branched out to include other aspects of the iGaming experience, such as casino gaming and sports. […]
Business
January 6, 2022
Golden Nugget Owner Wants $5.5 Billion to Help Refinance Existing Debt
Tilman Fertitta, the owner of the Golden Nugget brand, has launched a $5.6-billion refinance exercise of his casino and restaurant business. It comes just one month after the company dropped plans to merge with a blank-check entity. Big Money for Big Stakes Fertitta’s Golden Nugget Inc. approached the leveraged loan market and junk bond markets […]
Business
January 6, 2022
MGM Shuffles Around Casino Leaders in a Game of Musical Chairs
Travis Lunn was named Wednesday the new president for Atlantic City’s Borgata, per an announcement by the casino’s owner, MGM Resorts International. At the same time, Brandon Dardeau was promoted to take over Lunn’s former position of president and chief operating officer (COO) of southeast operations for MGM. Borgata Gets a New Boss In Lunn’s […]
Business
January 5, 2022
GeoComply Adds Gabriel as Senior Director of Global Markets
Geolocation tech specialist GeoComply made its first high-profile addition for 2022, Sarafina Wolde Gabriel, who was appointed as Senior Director of Global Markets to bolster the firm’s commercial and business development strategy. Switch from Digital Marketing to Cybersecurity The news that Sarafina Wolde Gabriel joined the ranks of GeoComply as its Senior Director of Global […]
Business
January 5, 2022
IMG ARENA Acquired LPGA Tour’s Data and Distribution Rights
IMG ARENA and the Ladies Professional Golf Association (LPGA) Tour signed an agreement under which the leading sports betting service and content hub secured the official sports betting data and live streaming distribution rights of the women’s professional golf association. Interactive Data and Content The deal between London-based IMG ARENA and one of the longest-running […]
Business
January 5, 2022
Pragmatic Play Brings Irina Cornides to Spearhead Growth in 2022
Pragmatic Play has a new chief operating officer in the face of Irina Cornides, who is joining the team to strengthen the supplier’s presence in the iGaming industry. With a strong pull among peers and a proven track record of excellence, Cornides is the right fit for the company, Pragmatic argues. She has held similar […]
Business
January 5, 2022
Spotlight Sports Rolls Out Publisher Solutions to Future PLC
Spotlight Sports Group (SSG) and Future PLC Group have recently announced a new collaboration. According to the terms of the freshly signed deal, Spotlight Sports will provide Future PLC with dedicated sports wagering content. The content will be part of Spotlight Sport’s recently released Publisher Solutions. It will allow Future PLC to set up conversions […]
Business
January 5, 2022
Playtech and Aristocrat Shareholder Meetings Delayed Over JKO Interest
Playtech has decided to postpone shareholder meetings in which Aristocrat’s takeover is set to be approved as a way to buy more time to discuss with JKO Play on a potential bid. Up until recently, Aristocrat was the frontrunner to acquire Playtech as the two companies agreed to a $3.7 billion deal in October 2021, […]
Business
January 5, 2022
Affilka Rings in the New Year with New VipSlot.com Partnership
SoftSwiss’ affiliate tracking platform, Affilka, has entered into a new deal with VipSlot.club in its first major partnership of 2022. The terms of the deal stipulate that the Affilka platform will be used by the online casino operator to help launch its own affiliate program, Aff.House. That program is expected to be introduced later this […]
Business
January 4, 2022
SeventySix Capital, Tekkorp Capital Invest in Odds On Compliance
Regulatory compliance technology supplier Odds On Compliance announced today a group led by SeventySix Capital made a strategic investment to propel the further expansion of the data and technology business. Funding Round The group of new investors at Odds On Compliance led by SeventySix Capital provided a new infusion of funding necessary for the next […]