The Latest in business
Business
November 24, 2022
Playtika Completes $25М Ace Games Investment
Mobile gaming entertainment and technology company Playtika Holdings announced the successful completion of a $25 million minority investment in Turkish mobile gaming developer Ace Games. The move aims to bolster Playtika’s international growth and expand the company’s footprint in the mobile gaming market. Playtika Invests in Winning Verticals Playtika’s newest investment comes not long after […]
Business
November 22, 2022
AskGamblers Sale May Prop Up Catena’s Restructuring Efforts
Gambling affiliate operator Catena Media may soon enjoy a brief respite amidst a tumultuous 2022. The company has been underperforming in recent months and is now attempting to divest itself of some of its brands and stagnating European assets. Recent news suggests that AskGamblers.com, Catena’s online gambling player community portal, may have attracted a potential […]
Business
November 21, 2022
Arena Racing Company Acquires Vermantia
British racing group Arena Racing Company (ARC) has announced the completion of the acquisition procedures for Vermantia, the technology company with a focus on omnichannel content distribution. The takeover is expected to strengthen the group’s commitment to this type of distribution. The decision perfectly aligns with the group’s investment strategy in technologies that can be […]
Business
November 17, 2022
Kero Gaming Surpasses Fundraising Goals
Sports betting and customer engagement solution startup Kero Gaming announced that it had secured $2 million in extra capital from strategic investment company Happyhour.io. Kero plans to use the funds to bolster its signature sportsbook product and continue refining its vision. Kero Offers a Modern Approach to Wagering Founded in 2019, Kero Gaming has set […]
Business
November 15, 2022
GAN Suspends FY Guidance Amid Uncertainties
Award-winning supplier of enterprise Software-as-a-Service solutions for iGaming and online sports betting apps GAN Limited has reported a relatively flat revenue for the third quarter, compared to last year’s results for the same quarter. This, together with the ongoing market uncertainty has convinced the company that has deployed its GameSTACK platform in the US and […]
Business
November 14, 2022
NOVOMATIC Closes HBG Acquisition Deal
NOVOMATIC, a full-service provider in the gaming industry and one of the biggest gaming tech companies in Europe, has consolidated its international expansion with the acquisition of HBG Group. The move cemented the company as one of the biggest concessionaires in Italy. NOVOMATIC Has Acquired HBG Gaming NOVOMATIC has been operating in Italy for more […]
Business
November 10, 2022
Bragg’s Q3 Results Highlight Impressive Growth
Bragg Gaming Group, an international business-to-business supplier of gaming technology and content, has reported its quarterly results for the third quarter of 2022. The three months ended September 30 were a great time for the company, attributing to record quarterly revenue. Bragg Saw Revenues Skyrocket Bragg Gaming reported revenue of $20.9 million, a 62.3% increase […]
Business
November 10, 2022
NeoGames Posts Impressive Q3 Results
NeoGames, a tech-driven provider of online gaming and lottery solutions, has posted its financial results for the third quarter ended September 30. The company saw metrics rise across the board and attributed the results to the performance of its iLottery platform. These are notably the first full quarter results following the completion of NeoGames’ merger […]
Business
November 9, 2022
PlayAGS Q3 Report Highlights Favorable Results
PlayAGS, a provider of gaming solutions for operators, has posted its financial results for the third quarter of the current year. During that period, the company recorded a satisfactory revenue increase. PlayAGS’ Income Increased Dramatically As announced by PlayAGS, the provider’s revenue for Q3 2022 sat at $78.2 million, which represents a 16% increase from […]
Business
November 8, 2022
Everi Holdings Posts Quarterly Revenue Record
At the beginning of the month, Everi Holdings saw its online gaming business Everi Digital join Fusion’s aggregation platform. Now, the provider of brick-and-mortar and online casino gaming content, player loyalty services, and financial technology has published its third-quarter report for 2022. Right off the bat, the company has announced a 21% increase in revenue, […]