Michigan Finance Report: Record-Breaking $2.30bn Revenue Generated from Online Gambling in 2023
In 2023, revenue in Michigan was 18.3% higher than the $1.98bn generated in 2022. It also surpassed the $1.40bn from the first year of legal betting in 2021. These figures…
EveryMatrix Appoints Former Sportingtech MD Longhurst as New Chief Commercial Officer
As part of his new role at EveryMatrix, Longhurst will be responsible for commercial strategy, including account management, sales, and marketing. He will closely collaborate with each of the group's…
Finance Forecast: Kindred Anticipates Significant Revenue and Earnings Increase in 2023
According to the latest update, Kindred's revenue for 2023 is expected to reach £1.21bn (£1.41bn/$1.54bn), which indicates a 13.3% increase compared to the £1.07bn reported in 2022. Gross winnings revenue…
Intralot extends strategic contract with Morocco’s MDJS until 2025
The Intralot and MDJS partnership has been extended until December 2025. Intralot will continue to operate MDJS' lottery as well as provide sports betting and other games of chance. This…
Hornsletten, co-founder of EveryMatrix, appointed to senior games position
Stian Hornsletten, a co-founder of EveryMatrix, will assume the role of Chief Commercial Officer (CCO) on 1 February. In his new position, Hornsletten will drive in-house development and forge partnerships…
Gamma Intermediate strategizes successful sale of 6.4% stake in Lottomatica for maximum profit
Gamma Intermediate retains a majority stake of 65.4% in Lottomatica after completing a €152m sale.The sale was conducted through an accelerated bookbuilding process at a price of €9.50 per share.The…
IGT extends supplier agreement with UK National Lottery in lottery industry
Under the new deal, IGT will continue to supply the core lottery system for the National Lottery. Allwyn, the fourth National Lottery licensee, will take over the lottery operations starting…
Ayers Badan resigns as CEO of Barstool Sports: Impact on the future of the company
Ayers Badan became the CEO of Barstool in July 2016, bringing with her extensive experience from senior positions at Bkstg, AOL, Demand Media, and Yahoo.In a blog post confirming her…
888 reports staff layoffs due to 8% decrease in annual revenue
Confirming the news to InnovateChange today (17 January), 888 stated that they are implementing changes to their organizational structure in order to align with their long-term strategic plans. The company…
Colombian Casino Players Thrive in the Slot Trumps Game
The fourth Slot Trumps focuses on Colombia, which regulated igaming in 2016, making it the longest-running online market in the region.In Colombia, slot games perform strongly and make up around…
