Business News and Headlines
Business
June 23, 2022
888 Releases Financial Update as William Hill Acquisition Looms
888 has published its final trading update as it approaches the acquisition of William Hill International, a once-mighty gambling behemoth that has been gobbled up by Caesars Entertainment and triple-eights. The company though seems to be in good financial standing with the revenue for the 12 months ending on February 28, 2022, sitting at £690 […]
Business
June 23, 2022
FSB and Fitzdares Extend Rock-Solid Partnership
FSB, a supplier and provider of iGaming and sports betting solutions, announced this morning that it is extending its partnership with Fitzdares, a UK-based award-winning sports betting brand. The pair first started working together in 2019 and Fitzdares is a recognized name in the UK market. Fitzdares Breaks Ground in Ontario As a result of […]
Business
June 22, 2022
Evoplay Wins Two Awards at the EGR Marketing and Innovation Awards
Evoplay, a leading game developer, has received two awards at the EGR Marketing and Innovation Awards for launching one of the most innovative marketing campaigns in the history of the online gambling industry. The two awards were given in the B2B Marketing Campaign and Supplier Marketing Campaign categories. Judges Were Impressed With Evoplay’s Unique Approach […]
Business
June 22, 2022
Catena Media Appoints Craig Harman as Head of Product
Catena Media has promoted Craig Harman as its new head of product. The company is doubling down on its commitment to nurture its talent internally and offer promising employees and executives more responsibilities that align with their personal goals and the company’s broader outlook for the industry and its place in it. Harman an Important […]
Business
June 22, 2022
Evolution Buying out Nolimit City in €340M Deal
Evolution continues to consolidate its footprint in the iGaming sector by announcing that it is now looking to acquire Nolimit City for an initial sum of €200 million ($210 million). The potential sale could yield a bigger price provided that preliminary targets are met, leading to additional earnouts to the tune of €140 million ($147 […]
Business
June 21, 2022
Baden Resources Shares NorthStar Gaming Reverse Takeover Proposal
Baden Resources has announced its reverse takeover plans of NorthStar Gaming via a non-binding letter of intent. According to the proposal, Baden will acquire all of NorthStar’s shares in exchange for its own shares, whereas NorthStar shareholders will have the option to convert their existing shares in NorthStar into Baden shares. The Proposed Deal Is […]
Business
June 21, 2022
Sky Betting & Gaming Senior Leadership Praised in Glassdoor Review
Sky Betting & Gaming has been named as one of the top 25 UK companies by the latest workplace review by Glassdoor, a job posting website. This survey focused on the senior leadership and was based on anonymous feedback from employees. Sky Betting & Gaming Named One of Best Companies After the company placed 29th […]
Business
June 21, 2022
Hachette’s Veteran to Serve as Entain Chief People Officer
Entain is busy working on its professional lineup with a number of new appointments trickling in over the last months. The latest such appointment is going to be Melanie Tansey who is joining Hachette UK, a publishing company, and she will serve as the company’s new chief people officer. Melanie Tansey Steps into the Job […]
Business
June 20, 2022
CDI’s $291m Sale of Land near Calder Casino Completed
Racing, wagering and entertainment operator Churchill Downs Incorporated (CDI) announced Friday that it has successfully closed the transaction for the sale of 115.7 acres of excess land near Calder Casino in Florida. Plans for Additional Sales of Land The $291-million sale of land near CDI’s wholly-owned Calder Casino was initially announced in November last year, […]
Business
June 20, 2022
Rank Group Predicts Weak FY 2021/22 Results
British gambling company The Rank Group announced that it will likely underachieve and fail to reach its operating profit forecasts for the 2021-22 fiscal year. This is caused by the operator’s underperformance in its home market, especially in the latter two quarters of the year. Rank Group’s Business Underperformed Rank Group’s earlier predictions expected it […]