Business
January 23, 2023
Caesars and Raynham Park Team Up for a New Sportsbook
Casino giant Caesars Entertainment has teamed up with Raynham Park, a simulcast racing center in Massachusetts. The two entities will unite their efforts to open a new in-person sportsbook just south of Boston. These plans are still awaiting regulatory approval but if approved, would mark Caesars’ in-person entry into Massachusetts. A New Sportsbook to Open […]
Business
January 23, 2023
MGM Reportedly Plans Business Combination with Entain
A recent report released by one of the leading financial service providers in the world, Deutsche Bank, suggests that a combination between Entain and MGM Resorts is possible and even represents a “fairly obvious combination.” According to analysts, a combination of the duo is likely to receive the support of shareholders. Founded in 1986, MGM’s […]
Business
January 20, 2023
CMS Platforms Benefit from Flexia Cashless Technology
Flexia is a Fintech company that delivers cashless solutions for the growing global gaming industry. The company’s unique solutions can be integrated via casino management systems (CMS) platforms, which provide a unique advantage for partner operators. In a recent interview for CDC Gaming Reports, Flexia’s president, Scott Walker and the company’s CEO, Craig Libson, shared […]
Business
January 20, 2023
Nueva Codere’s Subsidiary Loses $805,000 After Cyberattack
The commission which is meant to keep investors safe while maintaining fairness, order, and efficiency in all markets has received the news of the cybernetic attack on Codere Online along with the reasons that lead to it. Hackers Pretended to be Codere Online Agents According to the report received by the SEC, a number of […]
Business
January 20, 2023
Kambi Sets Ambitious Financial Targets for the Next 5-Year Period
These targets, which were presented at the company’s Capital Markets Day on January 19, include revenue of 2-3 times the levels of 2022 by 2027 and an EBIT of over EUR 150 million ($162 million). Ambitious Targets Backed by Key Factors The company’s Board of Directors has based these targets on a number of key […]
Business
January 20, 2023
Totem Technologies to Supply the Eastern Shawnee Tribe with Fintech
The Eastern Shawnee Tribe of Oklahoma will employ Totem Technologies’ safe financial solutions, TG&H reported yesterday. According to the tribal gaming news outlet, the agreement will allow members of the tribe to use Totem’s digital banking accounts. Totem to Supply the Tribe with Financial Solutions The report noted that the Easter Shawnee Tribe and Totem […]
Business
January 20, 2023
Real Luck Group Enjoys Stellar 2022 and Plans Growth in 2023
On Thursday, Real Luck Group released its Q4 report, revealing that its global betting handle surpassed CA$3 million ($2.23 million) by the end of the period. Additionally, the company reported that its fourth quarter revenue has seen solid growth, increasing by 120%. Not unexpectedly, Real Luck reported that the total player deposits in Q4 2022 […]
Business
January 20, 2023
BETBY’s New Office in Montenegro Precursor to 2023 Growth
The company hails this as an important milestone with the office in Budva accommodating a number of BETBY’s employees from across various departments. BETBY is optimistic about the future and has ensured that its current office also has the capacity to expand further. BETBY Looking to Scale-up in Montenegro and Beyond The company will focus […]
Business
January 19, 2023
Sumsub and Casino Guru Ink Deal for iGaming Player Verification and AML Course
The all-in-one verification platform has reunited with the independent online casino database in a desire to educate operators in the industry on a number of important topics. The list includes anti-money laundering/Know Your Customer policies, gambling compliance, and user onboarding matters. The iGaming Player Verification and AML Course Is Free The new online course developed […]
Business
January 19, 2023
Catena Media Posts Preliminary Q4 2022 Results
Catena Media published the preliminary results for its performance during the final quarter of the year. It added that the year-end report will be published on February 22 this year. Catena Media Expanded in NA As evidenced by the results, Catena Media is on the rise in North America, its primary market. Data shows that […]
