Posts From: May 2018

Stride Gaming swing to profit

Gambling technology group Stride Gaming swung to a first half profit after it boosted revenue. Pre-tax profit amounted to £1.5m, compared to a loss of £10.2m in the previous corresponding...

Business News
NJ governor estimates $15M in sports betting revenue

New Jersey Gov. Phil Murphy’s administration says it’s penciling in $15 million in expected revenues from sports betting. Treasurer Elizabeth Muoio told the Democrat-led Assembly budget committee Monday that the estimate is based...

Business News
Cashpoint strengthens integrity commitment with ESSA membership

Austrian-based international retail and online betting operator Cashpoint has joined international sports betting integrity association ESSA (Sports Betting Integrity). It maintains ESSA’s expansion across the sector and serves to further...

Business News
Rank expands in Spain with YoBingo acquisition

Rank Group PLC said Tuesday it has acquired Spanish online bingo operator YoBingo.es for EUR52 million in cash, as part of the company’s geographic expansion plans. “The acquisition of the...

Business News
The Stars Group strikes deal with Asia company for live tournaments

The Stars Group has inked a deal with International Entertainment Corporation that will see it host a series of branded live events across Asia. News of the partnership was made public in...

Business News
Cherry’s CEO under investigation by Swedish Economic Crime Authority

In short industry advisory, Cherry AB has informed of the arrest of chief executive officer Anders Holmgren by the Swedish Economic Crime Authority. Cherry AB,has been informed that the Swedish...

Business News
Racing Consortium Clinches £130m Tote Deal With Betfred Tycoon

A consortium of racing industry heavyweights has clinched a deal to buy a stake in the Tote, paving the way for a full takeover of one of the betting industry’s...

Business News
BetConstruct partners with Fazi

BetConstruct has announced a new partnership with Fazi, an online games developer creating high-quality content in the casino gaming environment. A wide range of 4,000+ games of BetConstruct Casino Suite...

Business News
Italian gaming regulator approves Snaitech deal

Playtech said on Monday that its acquisition of 71% of Italian gaming company Snaitech has been approved by the Italian gaming regulator. The company had originally said that it expected the...

Business News
GAN raises £7.5m to target US internet sports betting

The Company plans to use the net proceeds of the Subscription to substantially increase GAN’s software engineering resources to better serve existing major US clients’ services such as the WinStar.com...

Business News