Business
November 1, 2021
The “Future Looks Bright” For Kambi as Q3 Revenue Adds 48%
Kambi released its latest financial health report last week, and it’s apparent the company is working off a playbook that is delivering success. The Stockholm-listed sports betting tech company reported revenue for the third quarter of $48.1 million, a year-on-year increase of 48% over the $32.5 from Q3 2020. This reflects a dedicated strategy that […]
Business
October 29, 2021
Sportradar Receives IBIA’s Data Standards Kitemark
Global sports data and technology company Sportradar Group announced today it received one of the highest industry accreditations related to quality assurance processes, the International Betting Integrity Association’s (IBIA) Data Standards Kitemark. Industry Recognition Sportradar was granted IBIA’s Data Standards Kitemark for matching the set of standards and guidelines related to how sports data should […]
Business
October 29, 2021
SIS Reinforces Presence in South Africa Through Deal With Marshalls
Business-to-business betting content and production services provider Sports Information Services has signed an important partnership with South African sports betting operator Marshalls World of Sport. The partnership will see the launch of a South African 24/7 live betting channel. The New 24/7 Channel Will Bring Exciting Betting Options The new channel has been created with […]
Business
October 29, 2021
Crown Reaches $94.3 Million Settlement on Class-Action Suit From 2017
Crown Resorts finally reached an agreement concerning the shareholder class-action that dates back to December 4, 2017, when it was commenced in Australia’s Federal Court. The case was referenced as “Zantran Pty Limited v Crown Resorts Limited, Federal Court Proceeding VID 1317/2017,” and the total settlement, interests and costs included, is $94.3 million (AU$125 million). […]
Business
October 29, 2021
Evolution Scores Year-to-Year Revenues Increase in Q3 2021
B2B supplier of live casino services Evolution Gaming continues enjoying a significant increase in revenues in Q3 2021 thanks to its expanding portfolio of offerings. Evolution Gaming’s Revenues Have Doubled Up In the third quarter of 2021, Evolution has seen double the revenues it got for the same period in 2020. In comparison, its Q3 […]
Business
October 29, 2021
Seminole Tribe Locks in Deals with Pari-Mutuels Ahead of Sports Betting Launch
The Seminole Tribe of Florida is getting ready for the launch of its mobile sportsbook in the state, despite continued resistance from some existing gaming facilities and gambling opponents. While the tribe and Florida face their legal battles, the tribe isn’t willing to sit back and wait for the outcome to have all the pieces […]
Business
October 28, 2021
ComeOn Group Launched Global Hybrid Working Model
A new global hybrid working model was launched by ComeOn Group in response to shifting employee and business demands following the impact of the pandemic. Choose Your Workplace Operating out of offices located in Malta, London and Stockholm, ComeOn Group introduced a new hybrid model for its employees to allow them to choose on a […]
Business
October 28, 2021
PointsBet: Q1 FY2022 Generated 42% Turnover Increase
Australian sports betting and gaming operator PointsBet released today its fiscal year 2022 first quarter report (Q1 FY2022), posting exceptional performance across its core markets. PointsBet registered growth across all key metrics as on its domestic Australian market, as well as in the US. Turnover for the three-month period ended September 30, 2021, was AU$979.9 […]
Business
October 28, 2021
Hard Rock Plans to Expand and Build 2 Casinos That Will Be 8 Miles Apart
Hard Rock is doubling down on its expansion, as it plans to build a casino either in or in the vicinity of New York, even as it progresses with its plan of building another casino just eight miles away, in New Jersey. Jim Allen, the chairperson of the global entertainment, hospitality and gambling company owned […]
Business
October 28, 2021
Scientific Games Agrees to Sell its Lottery to Brookfield for $6B
Yesterday, B2B gambling products and services provider Scientific Games announced its intentions to sell its lottery business. The buyer, the Canadian investment firm Brookfield, is putting forward $6 billion for the purchase. Scientific Games to Sell its Lottery Out of this total sum, $5.8 billion will be paid upfront, followed by another up to $225 […]