Business News and Headlines
Business
January 19, 2023
Bally’s Plans 15% Layoffs in North American Interactive Segment
The announcement came on Wednesday after the company filed Form 8-K with the US Securities and Exchange Commission. The filing reveals that Bally’s plans to reduce its operating costs and boost the profitability of its North American Interactive segments. Redundancies a Part of a Restructuring Plan The announced restructuring plan involves the reduction of the […]
Business
January 19, 2023
Greentube and IGT Establish Important RGS IP Alliance
The agreement will allow International Game Technology (IGT) to bring advanced solutions to third-party partners that are looking to benefit from remote game server (RGS) technologies delivered by both IGT and Greentube. Greentube and IGT Forge Groundbreaking RGS Partnership Greentube is known for its advanced work on this technology, as it enables the company to […]
Business
January 18, 2023
Aruze Gaming Opens EMEA Office in the Netherlands
Aruze Gaming has made a foray into Europe with an office in the Netherlands. The leading developer of gambling entertainment solutions will leverage the new office to provide service support to the company’s customers in the EMEA region. Aruze Unveils a European HQ From now on, the Dutch office will serve as the company’s European […]
Business
January 18, 2023
Bally’s Names Tracy Harris Independent Member of the Board
The international casino-entertainment company that has access to 18 OSB licenses and owns 15 casinos has chosen the experienced chief financial officer and strategic advisor for her “deep finance, operations, and strategy expertise”, as stated by Bally’s chairman of the board Soo Kim. On Board in Numerous Sectors With an accumulated experience of over two […]
Business
January 18, 2023
Cordish Boosts Executive-Level Team via New Appointments
The company revealed it promoted Joe Billhimer to the position of chief operating and development officer. Before being promoted to the new position, he served as executive vice president/PA Casino for Cordish Gaming since 2020. What’s more, Billhimer served as the general manager of Live! Casino and Hotel Philadelphia, a position which will now be […]
Business
January 18, 2023
Entain Speeds Up Withdrawal from Unregulated Markets
This move is in line with the company’s commitment to sustainability, growth, and innovation, which it made back in 2020. 100% of Entain’s Revenue to Come from Regulated Markets by the End of This Year In November 2020, Entain announced a clear strategy with the goal of ensuring that 100% of the group’s revenue would […]
Business
January 17, 2023
SKS365 Is among Italy’s Certified Top Employers
The Top Employers Institute recognized SKS365’s dedication to the well-being of its employees, including it in its ever-growing list of leading people-oriented companies. The operator received praise for its people-related practices and policies, successfully meeting the Institute’s updated list of requirements. SKS365 accepted the distinction with gratitude, pledging to maintain its focus on employees’ needs. […]
Business
January 17, 2023
Low6 Names Brittany Almeida Sales and Strategy Director
The announcement came Tuesday and sees Almeida join the company’s leadership team and complement its ongoing growth. Brittany Almeida Joins Low6’s Leadership Team Last year was incredibly successful for Low6, considering that the company inked multiple deals with leading US sports leagues. In 2022, Low6 also joined forces with different franchises and brands within the […]
Business
January 17, 2023
iGaming Pro Zajdel Joins Sport Buff as Partner
Zajdel boasts 15 years of experience in the iGaming and online sports betting sectors. He is also a seasoned leader who has occupied leadership roles at many notable companies. His past experiences include a tenure as the group chief operating officer of Fortuna Entertainment Group. In 2019, Zajdel also had a short stint as the […]
Business
January 17, 2023
Genesis Global License Suspended by Malta Gaming Authority
The sanction from the gambling regulator in the country was announced Tuesday. A statement released by the MGA explains that the suspension of Genesis Global’s license is in effect as of January 16, 2023. MGA Suspends Genesis Global’s Authorization The Authority explained that the sanction was imposed after the company breached the regulations related to […]