Business News and Headlines
Business
December 1, 2022
Sands China Restructures Share Capital of Macau Subsidiary New Gaming License
Sands China Ltd, a Macau-based resort developer, and operator, has announced that it would restructure the share capital of its Macau subsidiary, Venetian Macau Ltd (VML), which detains its Macau gaming license in order to comply with Macau’s new gaming law. The restructuring of VML’s share capital will prepare the company for a new ten-year […]
Business
December 1, 2022
888 Revamps Expansion Strategy for the US Market
The leading global gambling company, 888 Holdings, held its Capital Markets Day (CMD) earlier this week. The company discussed an extensive list of topics during the event, among which, was its further growth into the regulated gambling markets in the United States. 888 Holdings Updates US Expansion Strategy A key message delivered during the CMD […]
Business
December 1, 2022
FL Entertainment Announces Nine-Month 2022 Results
Leading independent online sports betting, multimedia, and content production company FL Entertainment has announced its financial results for the first nine months of 2022. The fast-growing platform that relies on its Banijay and Betclic Everest Group businesses has reported strong growth in revenue along with high levels of profitability and significant cash flow conversion. The […]
Business
December 1, 2022
XLMedia Inks Sports Betting Deal with Newsweek
Leading international digital media company that provides content for highly engaged audiences while connecting them to relevant advertisers XLMedia has sealed a new partnership deal with Newsweek, the popular news brand read by more than 50 million people in the US on a daily basis. According to the terms of the agreement, Newsweek will work […]
Business
December 1, 2022
GiG Powers Starcasino’s Debut Entry into the Spanish Market
Gaming Innovation Group is launching with yet another operator in the Spanish market, bringing the total number of properties that GiG helps with its technology within the market to 14. The latest is Starcasino Group which is introducing its namesake brand to the market, and which will benefit from GiG’s localized expertise to provide players […]
Business
December 1, 2022
ParlayBay Adds Fredrik Elmqvist as Chair of Its Board
The fast-growing iGaming startup that delivers unique sports betting experiences via micro betting games, ParlayBay, expanded its senior-level team Thursday. The company announced it hired Fredrik Elmqvist to serve as a chair of its Board. Fredrik Elmqvist Joins ParlayBay’s Board Having Elmqvist join the Board complements the company’s growth strategy. In his new position, the […]
Business
November 30, 2022
Glitnor Group Launches New Glitnor Venture Division
The popular, multi-award-winning iGaming business founded in Malta in 2018 by industry veterans Dan Andersson and Jörgen Nordlund Glitnor Group has announced the launch of a new venture capital arm. Glitnor Venture is a fresh division expected to help the group turn into “the most entrepreneurial and fastest growing business group” part of the industry, […]
Business
November 30, 2022
QTech Games Names Martin Trang Chief Marketing Officer
The lading game distributor, QTech Games, announced Wednesday it hired the services of Martin Trang. By joining the company, Trang was appointed as its new chief marketing officer (CMO). Industry Expert Martin Trang Joins QTech Games The announcement comes amid QTech Games’ ongoing global expansion. Ultimately, having Trang as CMO, the company seeks to boost […]
Business
November 30, 2022
Nevada Operators Report Increase in Gaming Win for October
Licensed gambling operators in Nevada enjoyed strong results in October, judging by details released by the gambling regulator in the state. Nevada Regulator Reveals October Report The gambling regulator in Nevada, the Nevada Gaming Control Board (NGCB), released its latest report Tuesday outlining the performance of licensed operators during the last month. In total, the […]
Business
November 30, 2022
Everi and Railsr Create Embedded Credit Card for Better Loyalty
Everi Payments has entered a new partnership with Railsr in order to create an embedded credit and loyalty card that will help customers across numerous venues to benefit from a unified and more rewarding experience. Everi Creates New Way for Casinos to Engage with Patrons Everi is building upon an existing trend in the industry […]