Business
January 17, 2023
Sports IQ Hires Industry Experts Neale Deeley and Kristjan Tamlak
As reported by SBC, Tamlak joins SPorts IQ’s team as trading director, while Deeley will serve as the company’s new commercial director. Tamlak and Deeley Bring Decades of Experience Before joining Sports IQ, Tamlak was a part of Genius Sports. During his tenure with the company, he held the position of head of risk management […]
Business
January 16, 2023
EGT Selects Alejandro Mosquera Rey as Director in Spain
News of the appointment emerged last week Friday and see the expert replace Christian Kostovski, who previously served as director of its office in Spain. Alejandro Mosquera Rey Becomes Director at EGT’s Spanish Office Nadia Popova, EGT’s vice president of sales and marketing, welcomed Mosquera Rey to the company’s senior-level team. She explained that EGT […]
Business
January 16, 2023
STS Group Celebrates Successful Fourth Quarter and 2022
On Monday, the company released an update, outlining its financial performance for the fourth quarter and the full year of 2022. Fourth Quarter Brings Success for STS Group The new data revealed that in Q4, 2022, STS enjoyed its highest net gaming revenue (NGR). The NGR for the fourth quarter of 2022 hit PLN 200 […]
Business
January 13, 2023
Mkodo’s GeoLocs Service Is Now Available to Operators
GeoLocs promises advanced technology that is self-manageable, seamlessly implemented, easy to use, and designed with the needs of iGaming operators in mind. Featuring geo-based marketing and promotional offers, GeoLocs promises easy regulatory compliance. The developer’s solution was tested with the help of several trusted partners and is now available to operators. The Developer Prioritizes the […]
Business
January 13, 2023
888 Records Disappointing Q4 Results, CFO to Step Down
Leading global gambling company 888 Holdings saw a surprising decline in revenue in the fourth quarter despite a World Cup boost 888 explained the slight dip in revenue with the new online gambling regulations in the UK, regarding the quarter with optimism despite the disappointing metrics. The company’s retail segment performed well, recording a modest […]
Business
January 13, 2023
Kindred Unhappy with Preliminary Q4 Results, Plans to Take Action
On Thursday, the company released an update for the fourth quarter of 2022, confirming it expects to see revenue of £305.0 million ($372.9 million). Kindred’s Q4 Revenue Impacted by the World Cup A year-over-year comparison reveals a solid growth of 24% when compared to the £224.9 million ($275 million) result reported for Q4, 2021. Comparison […]
Business
January 13, 2023
Lottomatica Considers Going Public, Sources Claim
Lottomatica, an Italian sports betting and casino operator, is allegedly considering a Milan initial public offering. As reported by Bloomberg, anonymous sources claim that the company’s IPO may raise as much as $1 billion. Lottomatica May Earn $1B Through Its IPO According to the reports, Lottomatica’s IPO may become a reality in 2023. Going public […]
Business
January 12, 2023
Entain Snatches BetCity from Sports Entertainment Media for $482M
The deal between the two parties was originally announced for an initial consideration of €300 million ($324 million) and a maximum deferred contingent consideration of €550 million ($594 million) in June 2022. Now, Entertain has presented the completion of all procedures for a final acquisition cost of €450 million ($484.2 million). The total cost, which […]
Business
January 12, 2023
Super Group Inc. Authorizes $25M Share Buyback Program
At the start of the year, the holding company for leading online sports betting and gaming announced it would extend its global foothold in the US by acquiring Digital Gaming Corporation. Now, the parent company of Spin and Betway has announced that its board of directors has given the green light for the launch of […]
Business
January 12, 2023
DAZN Lost Billions in 2021, Postpones IPO Plans
DAZN, a leading sports streaming platform, announced that its initial public offering may become a reality within three years. This news comes in the wake of a report which outlined the company’s losses in 2021. DAZN Lost Billions in 2021 DAZN is a sports streaming company that hopes to become the next powerhouse in media […]
