Business News and Headlines
Business
August 27, 2021
NASDAQ-Listed Gambling.com Group Released First Public Report
Gambling.com Group, which recently listed on the NASDAQ exchange, released its second quarter operating and financial results for the three months ended June 30, 2021, posting $10.4 million in revenue. Gambling.com Sees Revenue Growth The first public report of the provider of marketing services for the online gambling industry since its listing on the NASDAQ […]
Business
August 27, 2021
Crown Resorts Names Ziggy Switkowski Chairman as Helen Coonan Steps Down
Crown Resorts revealed that Helen Coonan steps down as chairperson today. The company revealed that it hired the services of industry expert Dr. Ziggy Switkowski to fill Coonan’s position. Crown Resorts Appoints New Chair Helen Coonan has been a part of Crown Resorts for nearly ten years. It was January last year when she was […]
Business
August 27, 2021
Betfair Leaves the Netherlands Prior to Official Market Launch
A prominent sports betting and iGaming brand is shutting down operations in a European jurisdiction ahead of entering into force of new gaming regulation. Decision to Leave Betfair, operator of the world’s largest online sports betting exchange, is informing its marketing affiliates in the Netherlands it will be shutting down operations in the country. The […]
Business
August 27, 2021
Betsperts Closes a Series A Funding Round Worth $6 Million
Betsperts Media & Technology Group, a startup company specializing in fantasy sports and sports betting, welcomed many new investors after closing a Series A funding round worth $6 million. This company offers the Betsperts app and the Fantasy Life app. The official Betsperts app connects its users to various tipsters via interference of social media, […]
Business
August 27, 2021
Sportech Announces New CEO and CFO Amid Internal Reforms
International betting technology business Sportech is undergoing inner restructuring in the wake of the company’s downsizing. As a result, Richard McGuire and Tom Hearne will be leaving their respective positions as chief executive officer (CEO) and chief financial officer (CFO). This was announced by Sportech this morning. Sportech’s CEO and CFO Leaving Sportech’s chairman, Giles […]
Business
August 26, 2021
BoyleSports Renews Wolves Sponsorship Deal for the Season
Irish bookmaker BoyleSports announced that its partnership deal with Wolverhampton Wanderers FC has been extended for the 2021/2022 Premier League season. Official Molineux Betting Partner The contract extension between BoyleSports and the Wolves will see the bookmaker continue to operate as the official Molineux betting partner of the club from West Midlands for the 2021/2022 […]
Business
August 26, 2021
Ainsworth Game Technology Posted Solid Performance in FY2021
Global gaming products manufacturer Ainsworth Game Technology (AGT) released today its audited earnings report for the fiscal year 2021, ended June 30, 2021, showing a pre-tax loss of AU$59.2 million ($43.2 million). Ainsworth Takes A Loss More than 70% of the reported loss, AU$41.7 million ($30.4 million), was due to one-off non-cash impairment cost of […]
Business
August 26, 2021
Rank Group Expects Big Payout From HMRC Over Tax Dispute
Rank Group is looking forward to receiving a windfall from an unlikely source. The UK’s tax authority, HM Revenue & Customs (HMRC), was accused of improperly assessing tax rates on some gaming activity, which a court acknowledged. Now that the HMRC has apparently decided not to appeal the ruling, it will have to pay back […]
Business
August 26, 2021
iGaming Platform Developer Connective Games Celebrates 15th Anniversary
Connective Games, a privately owned company offering scalable iGaming software solutions to operators, is celebrating its anniversary this month. Founded 15 years ago, the company continues to provide state-of-the-art tech to its loyal clients. The 15th Anniversary of a Tech-Savvy Company Connective Games is well-known on the market for the quality of its products that […]
Business
August 26, 2021
Changes in Top Management Coming to Monarch Casino & Resort, Inc.
Monarch Casino and Resort is going through some high-level changes as it continues to fine-tune its position in the US gaming industry. This fall, COO David Farahi is leaving after 14 years of service and Michelle Shriver will be the new corporate vice president of operations at Monarch Casino Resort Spa Black Hawk. David Farahi […]