Business
October 26, 2021
Yolo Group Appoints Christine Lewis CEO of OneTouch, Bombay Group and Hub88
Yolo Group, a cryptocurrency-focused gaming operator, announced that it has restructured its operations and made a significant investment into its Hub88 content aggregation platform, seeking to introduce open-banking to its clients. Open-Banking Functionality The investment into Yolo Group’s Hub88 platform made via Yolo Investments aims to speed up growth at the platform and eventually offer […]
Business
October 26, 2021
Former William Hill Compliance Director Joins Smarkets
British betting exchange company Smarkets has reinforced its ranks with a new chief compliance officer (CCO). Seasoned industry veteran William Chambers will be joining straight from global sports betting company William Hill. William Chambers Joins Smarkets’ Team Chambers was previously William Hill’s chief compliance director for almost a year. Before his stint with the operator, […]
Business
October 26, 2021
DraftKings Decides to Withdraw From the $22 Billion Entain Takeover
DraftKings officially called it quits on the process of acquiring Entain today, after publicly acknowledging its interest in the purchase earlier this year. Officials of the company have stated that after a long analysis and discussion with the board of directors of Entain, a decision not to make an offer was made. The CEO, Co-Founder […]
Business
October 26, 2021
Gambling Opponents Scrutinize William Hill’s Cheap Food Offerings
London-based gambling company William Hill is under fire by gambling opponents for its decision to sell food in some of its stores. The idea is pretty new and is being tested in 5 out of 1,048 retail locations, The Guardian reported. Gambling Opponents Slam the Food Offering According to those opposed to the gaming industry, […]
Business
October 26, 2021
Crown Resorts Learns its Fate in Victoria after Loss in New South Wales
Crown Resorts continues to be in the hot seat in Australia, accused of egregious violations of existing financial and gambling regulations. It has already seen its casino license in New South Wales (NSW) suspended by regulators following an extensive investigation, and has faced similar scrutiny in Victoria and Western Australia (WA). While WA has requested […]
Business
October 25, 2021
Betsson to Continue with Pontus Lindwall at the Helm
Swedish gambling group Betsson AB is making a U-turn to keep its CEO, Pontus Lindwall, following a decision of the newly-elected Board of Directors. The board was recently approved via an extraordinary general meeting (EGM) Revoke Decision to Replace CEO Betsson AB announced today that its new Board of Directors decided to revoke a company […]
Business
October 25, 2021
Flutter Entertainment Takes Possession of Singular
Flutter Entertainment continues to grow its global footprint and doesn’t show any signs of wanting to slow down. The latest addition to its portfolio includes B2B iGaming software developer Singular, which has confirmed that it’s ready to hand over the keys to the castle. The company is giving Flutter 100% of its shares, allowing the […]
Business
October 22, 2021
EveryMatrix Officially Launched Its Managed Services Unit
Supplier of B2B solutions to the online gaming industry EveryMatrix announced the official launch of its Managed Services unit established earlier this year. ‘Another Important Milestone’ EveryMatrix’s Managed Services team was established to provide 360° support to the executive teams of the company’s B2B clients, supporting their actions from acquisition and retention marketing to product […]
Business
October 22, 2021
BETER Launches Virtual Basketball and Football Events
Leading fast sports & esports content, live streaming, live data and industry statistics provider BETER has boosted its sportsbook offerings with the launch of Virtual eComp Artificial Intelligence esports tournaments. BETER Launches Virtual Sports Tournaments The AI-based events will include simulated tournaments in cyber football and cyber basketball. They will use BETER’s Live Data in order […]
Business
October 21, 2021
Flutter Entertainment Opens New UK Tech Hub
Global betting and gaming conglomerate Flutter Entertainment announced today the opening of its new state-of-the-art technology and innovation hub located in Leeds, Yorkshire. Technology Is Key The new £15-million ($20.7 million) facility designed by prominent property developer MEPC is looking to fill around 1,700 positions, most of which are across the media, technology and creative […]