Business News and Headlines
Business
January 2, 2023
Former RSI CEO Greg Carlin Launches New Casino Startup G2 Gaming
After announcing he would resign from his position as chief executive officer at Rush Street Interactive in January 2022, casino industry veteran Greg Carlin has announced a fresh project up his sleeve. The new casino startup is called G2 Gaming, LLC and will rely on Carlin’s two and a half decades of experience in the […]
Business
January 2, 2023
Flows Solidifies European Presence With Kongebonus Partnership
Flows, the tech platform, and iGaming software innovation company, continues to make waves in the European gaming market. The developer’s “no-coding” solutions impressed Kongebonus, the leading Norwegian gambling portal. Their cooperation will enhance Kongebonus’s features with an intuitive and easy-to-use toolset while Flows solidifies its position as a leading technology provider. Kongebonus Gains Access to […]
Business
December 28, 2022
Sega Sammy Puts New Person at the Helm with Naoki Kameda
The company announced last Friday that it is appointing Naoki Kameda as its new CEO and president and added that Koichi Fukazawa will be moved as chairman of the board. The company hailed the experience of its new chief executive, who will be able to help the company with its next phase of development and […]
Business
December 23, 2022
Flows to Provide Octavian Lab with No-Code Platform
Octavian Lab, an Italian gaming and betting platform provider, has inked a new agreement with Flows, an innovation platform that ingests data from any source or integration. The agreement will see Flows leverage its automation tech to help Octavian Lab’s customers build features and applications without code. Octavian Lab Pens Deal with Flows Flows’ novel […]
Business
December 23, 2022
Connective Games Withdraws from Russia, Remains Hopeful about the Future
The company said that it undertook the measure in order to guarantee the sustainability of its business and not disrupt the flow of product delivery moving forward. Russian companies have been buffeted by an increasing number of sanctions issued in response to the country’s illegitimate invasion of neighboring Ukraine. Connective Games confirmed that the decision […]
Business
December 23, 2022
VICI and Foundation Gaming Ink Sale-Leasebacks for Two Mississippi Casinos
VICI Properties, an owner and acquirer of experiential real estate assets across leading gaming, hospitality, entertainment and leisure destinations, has purchased the Fitz Casino & Hotel and the WaterView Casino & Hotel properties from Foundation Gaming & Entertainment. VICI Acquires Two Casinos in a Sale-Leaseback Deal The sale-leaseback deal saw the real estate specialist pay […]
Business
December 22, 2022
Merkur Closes 2022 with a £12,000 Charity Donation
Gaming operator Merkur Group UK announced several new donations for the holiday season, distributing £12,000 ($14,500) to three worthy causes. The company regularly invests in such initiatives, focusing on typically overlooked causes. Merkur maintains a significant presence in the UK and has repeatedly expressed its dedication to fostering a safe gaming environment and reinvesting in […]
Business
December 22, 2022
Caesars and Casino Metro Plan Betting Location in Puerto Rico
Caesars Sportsbook, a division of Caesars Entertainment, the largest casino-entertainment company in the US, announced plans to open a new Caesars branded sportsbook in Puerto Rico. The launch is completed via a partnership between Caesars Sportsbook and the largest casino in Puerto Rico, Casino Metro. Casino Metro and Caesars to Open Retail Betting Location Under […]
Business
December 21, 2022
Maverick Finalizes $80.5M Evergreen Gaming Acquisition
Maverick Gaming, a land-based casino company in the United States, has finalized its acquisition of Evergreen Gaming, a Washington-focused gaming corporation. As agreed, the former party will pay $80.5 million for the acquisition. Maverick Gaming Acquires Evergreen Gaming in a $80.5M Deal The agreement was finalized now as it was awaiting regulatory approval from the […]
Business
December 21, 2022
OpenBet: World Cup Attracted Record-Breaking Betting Volume
OpenBet, a provider of sportsbook technology, content and services, recorded a record-breaking performance during this year’s FIFA World Cup tournament. As the event progressed and hype was building up, betting volumes skyrocketed. OpenBet Performed Remarkably OpenBet reported that its customers processed over 200 million bets across all channels throughout all World Cup matches. This resulted […]