Industry
January 6, 2023
bet365 Group’s Profit Sank by 95%, Revenue Marginally up
Stoke-on-Trent-based online gambling operator bet365 Group filed its annual report for the financial year 2021-22, posting a marginal increase in revenue but a nearly 95% slump in profit. Stable Revenue, Spike in Administrative Expenses For the 52 weeks ended March 27, 2022, bet365 Group registered revenue of £2.87 billion ($3.42 billion), with more than 99% […]
Casino
January 6, 2023
Enduring Lawsuit on Arkansas’ Legends Resort and Casino License Close to an End
According to Arkansas Advocate, Judge Timothy Fox is expected to rule on the matter of Legends Resort and Casino and their entitlement to open a new casino in Pope County. The ruling will be made public in the upcoming days, putting an end to the four-year controversy regarding who should be the rightful operator of […]
Business
January 6, 2023
New Report Confirms Waukegan Casino Plan Gains Traction
The process related to the new casino location in Waukegan is lengthy. Yet, a new report reveals that the operator secured important approvals which help clear the path and may enable Full House Resorts to start the building process this year. Full House Resorts Secures Approvals in Waukegan Earlier this week, the City Council approved […]
Casino
January 6, 2023
Videoslots Appointed Matthew Muscat as New CFO
A strong finish in 2022 was one of the best foundations to build upon for this year’s roadmap but making sure you have the right people in the top positions doesn’t hurt either. New CFO to Kick Off 2023 This marks Muscat’s top position at the company so far, climbing from the head of finance […]
Industry
January 6, 2023
Russian Tech Companies Banned from CES 2023 over Ukraine Invasion
Associated Press reported that the decision is due to Russia’s invasion of Ukraine and has nothing to do with US politics but is in line with the values and policy of the trade group Consumer Technology Association, which is the producer of CES, the largest technological convention in the world. Only One Russian Company Has […]
Industry
January 6, 2023
Illinois May Consider Online Gambling, Says New Report
Unlike brick-and-mortar gambling, where visitors need to drive up to a specific location, online activities are much easier to access. Convenience: this is one of the prime reasons why online and mobile sports betting has been gaining traction across more states and why online gambling activities may have a similar fate. Popularity of Online Gambling […]
Industry
January 6, 2023
The ECB Continues to Push for Crypto Regulation
An official blog post on the organization’s website examined the matter in detail, contemplating 2022’s troubled history with cryptocurrency. With waning investor confidence and several high-profile crashes, Panetta argues that strict worldwide regulations are quickly becoming a necessity. Unbacked Cryptos Have Many Hidden Flaws The collapse of FTX seems to have heralded the end of […]
Business
January 6, 2023
Gambling.com Acquired New Domain – Casinos.com
Gambling.com has been busy solidifying its market positions but this has happened in a unique way when it comes to affiliate businesses, and its growth is indisputable. New Domain in the Gambling.com Roster Although news of this started making the rounds back in November 2022, the press release mentions that the launch of the new […]
Business
January 6, 2023
Streaks Gaming Becomes First Conversational Gaming Firm on LSE
Streaks Gaming managed to raise GBP 3 million ($3.6 million) with the major part of the funding being provided by finance incubator AQRU PLC, which invested GBP 2.3 million ($2.7 million) in Streaks Gaming shares. Streaks Gaming Raises GBP 3M from IPO on LSE The Initial Public Offering of Streaks Gaming on the London Stock […]
Casino
January 5, 2023
NetGaming Content to Mark US Entry via Michigan License
Developer of online casino content NetGaming announced it has received its supplier license from the Michigan Gaming Control Board (MGCB) to mark its first entry into the US. ‘Arduous’ Application Process The supplier license granted by the MGCB will allow NetGaming to supply to licensed iGaming operators in Michigan its suite of online casino content, […]
