Business
June 1, 2022
FuboTV Announces Fresh Trio of Executive Appointments
Sports streaming giant that offers betting services FuboTV has appointed three new executives to oversee its content, partnerships, and business growth. The decision is effective immediately and comes after the company brought Julie Haddon to its board of directors at the end of March. At the beginning of May, FuboTV announced that it was working […]
Business
June 1, 2022
Sportradar Appoints Oscar Brodkin As Managing Director for Asia-Pacific Region
Oscar Brodkin, a long-time executive in the firm, will take on the new position, reporting directly to the company chief commercial officer Eduard Blonk. New Managing Director for APAC Swiss-based sports technology, data, and content company Sportradar Group announced the promotion of Oscar Brodkin as the new managing director for Asia-Pacific (APAC). Brodkin’s career highlights […]
Business
June 1, 2022
Gambling Group Hits 70% Increase in Q1 2022 Revenue
Gambling Group is doing alright and North America has a huge part to play in the present-day success of the company which reported a 70% increase in revenue over the first three months of the year ended on March 31. This puts Gambling Group in a unique position where it has once again consolidated its […]
Business
June 1, 2022
Tipico Brings Dan Marks as Company CFO for US
Tipico is continuing to build up the executive lineup in the United States with the latest appointment that of former Esports Entertainment Group chief financial officer Dan Marks. Marks will assume the same responsibility as part of Tipico USA’s team and guide the company’s financial operations as its CFO. Tipico’s US Footprint Is Growing Steadily […]
Business
June 1, 2022
Parvus Asset Management Expands Flutter Voting Rights
Flutter Entertainment, the parent of sports betting and gaming brands worldwide, including FanDuel in the US and Betfair in the UK and Ireland, announced in a filing to the exchange and the Central Bank of Ireland that Parvus Asset Management is now holding more than7% of the voting rights. Equity Swaps and Put Options Sending […]
Business
May 31, 2022
Playson Expands Presence in Africa via Kiron Partnership
The fast-growing digital entertainment supplier, Playson, announced that it grew its presence in the regulated online market in Africa thanks to a new partnership with Kiron Interactive, the leading virtual games provider. Kiron Interactive, Playson Join Forces Under the new distribution partnership, Kiron will have the ability to resell Playson’s portfolio of slots to operators […]
Business
May 30, 2022
Kambi Presents Enticing Risk-Reward for Acquisition
A Norwegian hedge fund is propping up sports betting technology supplier Kambi as a potential target for acquisition speculating that a number of companies could very well become bidders. MGM as Part of LeoVegas’ Expansion Alinea Capital Management, a long-biased hedge fund solely focused on companies from the gaming and iGaming sectors and managing a […]
Business
May 30, 2022
Incentive Games Appoints Tiago Vieira as Head of Data
Incentive games have a reputation for great data collection and analysis and that’s an integral part of their entire business model. Hiring a new head of data is therefore a signal the iGaming company is ready to take it to the next level. New Head of Data for Incentive Games Incentive Games is an Edinburgh-based […]
Business
May 27, 2022
California Gambling Reform May Help Prop Up DraftKings’ Falling Stock
It has been rough going for online betting operator DraftKings. The company’s stock continues to lose value despite recent good news and outstanding growth prospects. Its earnings call on May 6 scored significantly better than the Nasdaq consensus estimate, and with the continued efforts to legalize sports gambling across the entire US, long-term prospects are […]
Business
May 27, 2022
VICI Stock Attracts Significant Investments during Market Decline
During the first quarter of 2022, Point72 Asset Management, a hedge fund headed by Mets owner Steve Cohen, bought up 633,800 shares of VICI Properties. This comes amidst a slumping market and is likely an attempt by Cohen to adopt a more defensive strategy. Cohen Is Playing It Safe with Low-Risk Purchases It looks like […]
