Business News and Headlines
Business
November 30, 2022
Ainsworth Game Tech to Restart Paying Dividends to Shareholders
Ainsworth Game Technology, one of Australia’s leading slot machine suppliers, has announced plans to self-fund its global expansion in the coming years, with a strong focus on 2023. The news was announced during the Annual General Meeting that took place last week and was headed by chairman Danny Gladstone. Ainsworth Building Up Cash Reserves to […]
Business
November 30, 2022
Penn Entertainment Adds More HBCUs to Its Scholarship Program
Penn Entertainment announced on Tuesday the expansion of its Science, Technology, Engineering, and Mathematics (STEM) Scholarship Program which will include three Historically Black Colleges and Universities, to wit the Jackson State University in Mississippi, Prairie View A&M University in Texas, and Southern University and A&M College in Louisiana. More Educational Institutions Join Penn’s Initiative This […]
Business
November 29, 2022
Rivalry Unveils Q3 Results, Posts Record Revenue
Globally regulated sports betting, technology, and media company Rivalry has published its third-quarter results for 2022, along with the results for the nine-month period that ended on September 30. The Toronto–based company that manages an international team dispersed in over 20 countries also published the preliminary results for October, announcing it as the first profitable […]
Business
November 29, 2022
Itai Pazner: Handling Debt Is 888’s Top Priority
Leading gambling group 888 Holdings is holding its Capital Markets Day today, November 29. Ahead of the event, the group spoke about some topics that will be discussed. Paying back 888’s outstanding debts continues to be a core priority amid investor unrest. 888 Holdings Must Deal with Debts 888 shareholders remain concerned about the money […]
Business
November 29, 2022
PartnerMatrix and AdmiralBet Sign Affiliate Channel Deal
The award-winning affiliate and agent management system for the iGaming industry, PartnerMatrix, announced a new collaboration with AdmiralBet, the famous Serbian casino and sports betting platform. AdmiralBet and PartnerMatrix Join Forces Under the terms of the new partnership with PartnerMatrix announced Tuesday, AdmiralBet has launched a modern and secure affiliate channel. This unique collaboration will […]
Business
November 29, 2022
Ontario Becomes Latest Home for Betano Sports and Casino
Betano, a leading iGaming and sports betting brand, has launched in Ontario, Canada. This is the first such rollout for the brand in North America and the company hopes that it won’t be its last. With the arrival of the FIFA World Cup in Qatar and a number of events running across the border in […]
Business
November 29, 2022
888 Holdings to Discuss Strategy at CMD Event
888 Holdings, a leading global gambling company, has updated its strategy for sustainable gambling creation. More details, the holding said, would be shared at its Capital Markets Day (CMD). 888 Will Discuss Its Future The CMD event, according to 888, would feature several presentations from its executive, who will shed light on the company’s updated […]
Business
November 29, 2022
Wynn Macau Adjusting to Comply with New Gaming Laws
Considering this year’s changes that Macau made to its gaming laws concerning operators, Wynn Macau has had to make some adjustments in order to be compliant with the latest regulatory updates. Capital Restructuring at Wynn Macau The Wynn Resorts Macau (WRM) unit was subjected to a capital restructuring that answered the need for an increase […]
Business
November 28, 2022
Glitnor Group and KaFe Rocks Call Off Merger
At the beginning of 2022, Glitnor Group, a leading online gambling operator and content provider that strives to be the fastest-growing group in iGaming, announced its plans to acquire KaFe Rocks Group, a leading iGaming affiliate. However, Glitnor has now changed its mind, opting to not complete the transaction. Glitnor Group and KaFe Rocks Agreed […]
Business
November 28, 2022
Lottomatica Posts Interim Results for the Period Ended September 30
Lottomatica, the biggest Italian gambling operator, has posted a spectacular year-to-date revenue for the period ended September 30, 2022. During the first nine months of the year, the company earned over $1 billion, according to an interim trading report. Report Outlines the Company’s Performance in the Period Ended September 30 Lottomatica has surpassed the milestone […]