Business
August 1, 2022
Bally’s Signed Marketing Deal with MLB’s New York Yankees
The operator of land-based casinos, resorts and online gaming Bally’s Corporation announced today a multi-faceted marketing partnership with the New York Yankees. In-Stadium Brand Visibility The agreement between Bally’s and the 27-time World Series Champions marks the operator’s first sports betting partnership in New York following its launch of online sports betting operations in the […]
Business
August 1, 2022
Lottomatica Group Reaches Sixfold EBITDA and Quadruple Revenue Growth
Lottomatica Group is a relatively fresh entity on the Italian market. The group was born when multinational slot manufacturer International Game Technology decided to sell its Lottomatica-branded Business-to-Consumer operations to Gamesnet Group. The latter adopted the Lottomatica brand itself and later on created the enlarged Lottomatica Group with a merger between GoldBet Italia and Lotomattica […]
Business
August 1, 2022
Kindred Group Announces 23M Share Buyback Program
Kindred Group has told investors that the company will begin a share buyback. The buyback was approved during an Extraordinary General Meeting held back in June. During the meeting, it was decided that Kindred should attempt to recover as many shares as it can, but not exceed a particular threshold or a number of the […]
Business
August 1, 2022
AGTech Subsidiary Wins Tenders for Seven Provinces
AGTech Holdings has won tenders that will allow the company to pursue further expansion of its lottery betting terminals in China, thanks to the company’s local subsidiary. AGTech to Install More Lottery Terminals in China Beijing AGTech GOT Technology has won seven public tenders and will as result leverage its betting terminals in the Mongolia […]
Business
August 1, 2022
Pragmatic Solutions Turns to Neccton for Additional Consumer Protection
Neccton continues to expand and strengthen its presence in the industry looking to establish its footprint as a trusted go-to solution when consumer protection is necessary for the gambling industry. The company has signed a fresh partnership with Pragmatic Solutions, a leading provider for the iGaming industry. Neccton to Offer “Mentor” Solution for Improved Consumer […]
Business
August 1, 2022
Playtech Relinquishes Its SPAC Plans for Caliplay
The board of directors of gambling software developer Playtech announced that they are suspending their plans to publicly list Caliplay, the company’s joint venture with Mexico-based operator Caliente Interactive. An Alternative Solution for Caliplay Is Still Possible Earlier this year, Playtech revealed that it intended to merge Caliplay with a special-purpose acquisition company (SPAC) to […]
Business
July 29, 2022
Codere Expands Sponsorship Contract with Football Team River Plate
Gaming operator Codere has become one of the primary sponsors of the Argentinian football team Atlético River Plate. The revised agreement will give the team a significant economic boost. In exchange, Codere’s logo will move from the sleeves of the team’s shirts to the front – a position previously occupied by Turkish Airlines. River Plate’s […]
Business
July 29, 2022
FDJ Buoyant on Lottery Results in H1 and Cautiously Optimistic about Future
Groupe FDJ has posted results for the first half of the year noting a significant improvement in lottery operations in France. The organization reported that group revenues reached €1.2 billion during the first half of the year, which was 12% higher year over year. Lottery Remains Driver of Sales for FDJ Lottery and sports betting […]
Business
July 29, 2022
VICI Properties Published Second Quarter 2022 Earnings Report
Experiential real estate investment trust (REIT) VICI Properties released Wednesday its second quarter financial report posting growth in revenues year-over-year. Revenue Growth, Net Income Decline For the three months ended June 30, 2022, VICI Properties reported total revenues of $662.6 million to post an increase of 76% to the $376.4 million generated in the respective […]
Business
July 28, 2022
FanDuel Appoints New Chief Legal Officer amidst Management Reshuffles
Carolyn Renzin, former FanDuel chief risk and compliance officer , announced on her LinkedIn profile that she would become the company’s new chief legal and compliance officer starting this month. This promotion continues her almost three-year employment at the gambling operator. Renzin Has Substantial Legal Experience in Many Industries FanDuel was Renzin’s first contact with […]
