Business News and Headlines
Business
July 22, 2022
Scientific Games and Ecuador National Lottery Join Forces in New Agreement
International lottery systems producer and manager Scientific Games is expanding its relationship with the Ecuador National Lottery through a new partnership agreement with a term of ten years. The recently signed deal will see new lottery product offerings in Ecuador. First-Time Launch of Electronic Draw Games in Ecuador The recently signed 10-year deal between Scientific […]
Business
July 21, 2022
LVS’ Q2 2022 Revealed Wider Loss, Missed Expectations
Global developer and operator of convention-based integrated casino resorts Las Vegas Sands (LVS) Corp. reported Wednesday its second quarter financial results and revealed that the business continued to struggle amid restrictions and reduced visitation. Loss Wider than Market Expected For the three months ended June 30, 2022, LVS posted net revenue of $1.05 billion, up […]
Business
July 21, 2022
Kindred Is Exploring a Potential Sale
In June, Kindred Group announced it has obtained a gaming license for the Netherlands Towards the end of the same month, the group inked a deal with AFC Ajax via its Unibet brand. Now, the group is allegedly considering a few valid sale options. Giants 888 and Entain count among the names that could ink […]
Business
July 21, 2022
Technamin to Add TVBET Games and Solutions to Its Offer
TVBET, a global live TV games provider, has joined forces with Technamin, an emerging company that describes itself as “the ultimate iGaming provider.” TVBET to Supply Technamin As per the agreement, TVBET will supply Technamin with some of its critically-acclaimed games. The latter will be implemented into Technamin’s offerings, allowing TVBET’s games to reach a […]
Business
July 21, 2022
Evolution Posts Q2 and H1 Results for 2022
Evolution has published its interim report for the second quarter and first half of the year. The company reported strong performance across the board with operating revenues increasing by 34% to €344 million ($350 million) in Q2 2022. EBITDA for the company increased by 36.4% to €238.2 million ($242.68 million) or a margin of 69.3%. […]
Business
July 21, 2022
Betsson Sets Record-High Revenue in Q2, 2022
Betsson AB has published an interim report covering the second quarter of the year for the period between April-June 2022. The company posted strong all-time revenue driven by its most recent forays in the Latin American and Central and Eastern Europe and Central Asia regions. The company reported group revenue of €186.3 million over the […]
Business
July 21, 2022
888AFRICA Picks Sportingtech to Drive African Expansion
888AFRICA is ready to take on the region by appointing Sportingtech as the company’s full-service betting and gaming platform provider. This will assist the operator is expanding its footprint in Africa, with an anticipated rollout in numerous markets. Sportingtech to Power 888Africa’s Offers 888AFRICA is a joint venture led by 888 Holdings plc and joined […]
Business
July 20, 2022
Star Entertainment Appoints New CEO of The Star Sydney
Commonwealth Bank of Australia Executive Scott Wharton is joining Star Entertainment Group taking up two prominent positions within the company – CEO of the company’s casino The Star Sydney and Group Head of Transformation. Wharton’s Strong Background and Experience The announcement of Wharton’s appointment follows another important shift in the company’s top executive team with […]
Business
July 20, 2022
Flutter’s UK and Ireland CEO, Conor Grant, to Leave by the End of the Year
Flutter Entertainment has announced that the current CEO of the Ireland and UK business, Conor Grant, has decided to resign. Grant will step down before the year ends and will be replaced by Ian Brown, the former CEO of the Trips division of Booking.com. Grant Believes That the Business Is in Good Hands Grant stated […]
Business
July 20, 2022
Royal Caribbean Group Buys Genting Group’s Endeavor Cruise Ship
Royal Caribbean Group, a global cruise ship operator, has announced that it has received the necessary court approvals to purchase Endeavor, an ultra-luxury cruise ship. When the ship officially joins the Group, which is set to be done this month, it will be renamed to Silver Endeavor. The Cruise Ship’s Purchase Price Was Lower Than […]