The Latest in global
Business
August 17, 2022
HeadsUp Is Close to the Finish Line with Spinola Acquisition
International gaming operator HeadsUp Entertainment has taken an important step towards strengthening its position in the global lottery market with the upcoming finalization of the acquisition of lottery software provider Spinola Gaming. HeadsUp Buys All Third-Party-Owned Spinola Shares HeadsUp has announced the completion of the next step leading towards the acquisition of the major global […]
Business
August 16, 2022
Playmaker Capital Reports Operating Loss Despite Record Revenue
Digital sports media company, Playmaker Capital, released its Q2 financial results, highlighting substantial growth and record-setting engagement metrics. The Toronto-based company recorded impressive results across nearly all key performance indicators but reported an operating loss of $0.7 million for the quarter. Excellent Player Engagement Boosted Profitability The second quarter marked a significant return on Playmaker’s […]
Business
August 16, 2022
GAN Shows Mixed Results in Its Q2 Earnings Call
Online sports betting and iGaming software provider GAN Limited released its Q2 2022 earnings call. The company recorded revenues of $34.97 million for the quarter, constituting a 2% year-to-year rise compared to 2021’s $34.63 million. Despite the slight growth, this result missed estimates by 4.37%, as the earnings call revealed several underperforming metrics. Outside Factors […]
Business
August 16, 2022
Genius Sports’ Q2 Results Show Strong Growth
Sports data and tech company Genius Sports posted its financial results for the second quarter of the year. The company recorded high revenues, while its losses plummeted. Genius Sports’ Revenues Increased Genius Sports said it earned $71.1 million during the second quarter of the year. Notably, this number represents a 27% increase on the 2021 […]
Business
August 16, 2022
GIG: Positive Net Profit & 37% Revenue Increase for Q2
Leading iGaming platform and media provider offering world-class solutions to partners and customers Gaming Innovation Group (GiG) has released the reports for the second quarter of 2022. The provider has reported a revenue boost of 37% for Q2 2022 compared to the same quarter of 2021. Out of the increase, 24% was organic, helping the […]
Business
August 16, 2022
BetMakers Makes Amendments to NTD Venture Set to Launch in 2022
News Corp Australia and Tekkorp’s wagering venture called NTD Pty has agreed to purchase TexBet. TexBet is BetMakers’ SaaS platform customer and upon the completion of the purchase, BetMakers will receive IP and ownership rights and will support the migration to the NTD platform in exchange for a $2.5 million contribution. The Joint Venture Will […]
Business
August 16, 2022
EBet to Lay off Workers as Part of Profitability Plan
EBet, a global provider of advanced esports wagering products and technology, will be laying off over half of its workers. The company cited profitability goals as the reason for the drastic measures. EBet Announced Profitability Plan In May, EBet posted its results for the second quarter of the fiscal year. Although the company’s revenues rose […]
Casino
August 16, 2022
BETER Live to Reach New Audiences with SOFTSWISS
BETER, a provider of next-generation solutions for the iGaming industry across numerous verticals has announced a new collaboration with SOFTSWISS and the company’s dedicated Game Aggregator solution. SOFSTSWISS Game Aggregator reunites 12,000 casino games which makes it a powerful single-access point for integrating thousands of curated and player-favorite games when launching new partner casinos. BETER’s […]
Casino
August 16, 2022
OnAir Entertainment Introduces Auto Roulette as Latest Product
OnAir Entertainment has launched a new live casino product, Auto Roulette. The new product continues in the well-established company tradition of building immersive and intuitive live casino experiences that put the player in control. Auto Roulette is now exclusively available through Games Global. Auto Roulette Brings Great Ambiance, Look, and Gameplay A dedicated studio has […]
Casino
August 16, 2022
Livespins to Now Stream FUGASO Innovative Games
Livespins continues to add more companies to its portfolio of live streamed opportunities that elevate the online casino experience and transform spectators into active participants. The company, which focuses on creating a shared experience between viewers and casino streamers, has added FUGASO as the latest partner to its growing family. Great Stream-worthy Titles by Fugaso […]