Business News and Headlines
Business
August 26, 2022
Paradise Entertainment Sees Casino Management System Revenue Decline
Paradise Entertainment continued to struggle during the second quarter of the year with Q2 2022 results once again suppressed by the lingering impact of the COVID-19 pandemic, subsequent shutdowns of properties, and reduction of operational capacity. The turbulent quarter in Macau, led to the group’s loss increasing to $12 million (HK97 million), up three times […]
Business
August 26, 2022
FanDuel Will Launch Its Very Own Sports TV Network “FanDuel TV”
US leader in gaming and sports entertainment FanDuel has announced that this September it is launching the first of its kind linear cable sports TV network and OTT platform dedicated specifically to sports betting content and airing more live sports hours than any other provider in the US. FanDuel’s Innovative Approach to Sports Content […]
Business
August 25, 2022
Rivalry Corp. Releases Q2 Report, Shows Record-Breaking Growth
Rivalry Corp., a globally renowned sports betting operator, has released its Q2 report, which states that the company’s betting handle reached C$38.4 million ($29.7 million). This represents a 98% YoY increase. Record revenue of C$5.3 million ($4.1million) or a 60% YoY increase, was also a huge milestone in the quarter. The Revenue Growth Was Completely […]
Business
August 25, 2022
AstroPay Launches VIP Program, Clients From All Around the World Can Join
AstroPay has announced its VIP Program which will provide its customers with a variety of benefits. These benefits include dedicated support, sky-high limits, unique promotions, and several other rewards. Users from all around the world will be eligible to be part of the VIP program, but they will have to meet certain requirements. The VIP […]
Business
August 25, 2022
Spreadex Fined $1.6M Over AML, Social Responsibility Breaches
Spreadex was the second company in the last two weeks to be fined by the Gambling Commission in the UK after a series of AML and social responsibility breaches were again discovered following an investigation. $1.6M Towards Socially Responsible Causes The Gambling Commission (GC) is responsible for issuing licenses and regulations to gambling operators in […]
Business
August 24, 2022
Aruze Gaming Names Lesley Hodges Senior Director of Marketing
The global company that develops and manufactures slot machines and gaming devices for the iGaming industry, Aruze Gaming, announced a new senior leadership appointment. The company unveiled today that it hired the services of the marketing industry veteran Lesley Hodges. Lesley Hodges Joins Aruze Gaming As a part of Aruze Gaming, Hodges will serve as […]
Business
August 24, 2022
Real Luck Group Reports Q2 Games Content Growth of 66%
Real Luck Group and its subsidiary companies providing esports betting, sports betting and online casino gaming under the “Luckbox” brand released today the financial results for the second business quarter of the year. Laying the Foundations for the Future TSX Venture Exchange-listed Real Luck Group and its subsidiaries filed on SEDAR, the electronic filing system […]
Business
August 24, 2022
Tabcorp Releases FY2022 Report, Continuing Revenue Is Down 4.3%
Tabcorp has released its FY2022 report which states that the company’s continuing revenue reached AU$2.37 billion ($1.64 billion), which is a 4.3% decline compared to FY2021. According to the report, the results were heavily impacted by COVID-19, which caused the retail properties of the company in New South Wales and Victoria to close in the […]
Business
August 24, 2022
NOVOMATIC Adjusts Lineup with Ludena and Gubo Appointments
NOVOMATIC’s digital gaming division, Greentube, has appointed Felipe Ludeña as its chief sportsbook officer and Georg Gubo as managing director at ADMIRAL Sportwetten. Ludeña joined Greentube on August 1, 2022, and is currently serving as managing director at ADMIRAL Sportwetten. Both companies belong to the NOVOMATIC Group of entities. Executive Shifts in NOVOMATIC Improve Know-How […]
Business
August 24, 2022
Highlight Games Signs Manchester City for New Products
Manchester City has signed a licensing agreement with Highlight Games, a virtual sports and games supplier. The partnership will enable Highlight Games to use historic footage from Manchester City soccer games in its home and overseas leagues to present consumers with an even greater choice of interactive sports options. Highlight Games and Manchester City FC […]