Business News and Headlines
Business
June 16, 2022
GLI Hires Two New Execs to Boost Customer Relationships and Targets
GLI has hired a duo of executives to help the company keep up with its day-to-day operations. Gaming Laboratories International is one of the most prominent testing companies in the iGaming space and it provides an impartial audit of gambling companies’ slot, table, poker machines, sports, and racing among other audits and overall integrity services. […]
Business
June 16, 2022
Mitsuhiro Miyazaki Steps in as SVP of Product Management for Azure Gaming Australia
Azure Gaming Australia Pty Ltd, a supplier of gaming machines and products, has named Mitsuhiro Miyazaki as its new SVP of product management for the Asia Pacific. As part of his duties, Miyazaki will now be in charge of the company’s development and operations in New Zealand and Australia. Miyazaki’s Expertise Is Welcome in Azure […]
Business
June 16, 2022
Sorin Nichita Joined 888AFRICA as VP of Performance Marketing
888AFRICA, a recently established joint venture between 888 Holdings and five gaming industry veterans, looking to capitalize on the growing interest in gaming products in Africa continued to expand its senior management team with the appointment of Sorin Nichita. Meet 888AFRICA’s VP of Performance Marketing The appointment of Nichita as Vice President of Performance Marketing […]
Business
June 15, 2022
Playtech Clears the Final Hurdle for Its Sale of Finalto
Renowned gambling software development company Playtech announced this Wednesday that it had received the necessary regulatory approvals to complete the sale of its financial trading division Finalto to Hong-Kong-based Gopher investments. Playtech shareholders approved the $250 million cash-only sales in December 2021, and the companies hope to close the deal by the end of June […]
Business
June 14, 2022
49’s Live Draws Are Coming to bet365
Gaming operator bet365 has signed an agreement with SIS (Sports Information Services) to allow the gambling company to stream 49’s Original Live Draw on its platform worldwide. The Streaming Agreement Will Be a Boon to Both SIS and bet365 49’s is the flagship product of UK-based betting service supplier SIS. It is a fixed-odds live […]
Business
June 14, 2022
Former Penn National Employee Charged by USA SEC With Insider Trading
A former software engineer has caught SEC’s eye trading based on the company’s future acquisition plans. Insider Trading in Face of Acquisition The Securities and Exchange Commission (SEC) announced it is charging former director of backend architecture at Penn Interactive Ventures (PIV) David Roda, aged 36, with insider trading. Charges stem from the company’s acquisition […]
Business
June 14, 2022
Entain to Buy BetCity for up to €850M as It Enters Dutch Market
Gambling and entertainment industry behemoth Entain has announced that it has agreed to acquire online sports betting and gaming brand BetCity for an initial consideration of €300 million ($312.9 million). There will also be a deferred contingent consideration of up to €550 million ($574.5 million). The deal itself may be worth up to €850 million […]
Business
June 13, 2022
PointsBet Rebuffs Acquisition Offer for Its Australian Arm
The board of directors of PointsBet allegedly turned down an acquisition offer by a consortium led by Rupert Murdoch’s News Corp Australia. The proposed deal was for up to $211.1 million, but PointsBet directors did not present it to shareholders in the company. PointsBet’s board, which is currently led by former UBS banker Brett Paton, […]
Business
June 13, 2022
NetGaming and 888 Tie Content Deal for UK and International Markets
888casino, one of the world’s leading online casino brands and part of 888 Holdings plc (LSE: 888), is pleased to announce that it has teamed up with rising-star iGaming casino content developer NetGaming to provide players with a formidable portfolio of gaming titles. 888casino will benefit from a range of intuitive games that are designed […]
Business
June 13, 2022
Revpanda Brings Glenn Debattista as Company COO
Revpanda, an award-winning performance marketing agency, has announced the appointment of iGaming veteran Glenn Debattista as the company’s new chief operating officer. Debattista has recently stepped down as head of product for Web International Services Ltd and brings a wealth of experience to Revpanda. Revpanda Bolsters Executive Team As a chief operating officer with Revpanda’s […]