Exploring the Impact of Monopolies on the Lottery Market – Insights from Waterhouse VC
A coffee for $10? It's too much, but in the world of lotteries, monopolies often exist. Monopolies in regulated wagering markets have advantages such as offering exclusive products, having trusted…
The 3 Key Principles for Successful Casino Game Aggregators: Robustness, Scalability, and Security
In the world of casino games, it is essential to ensure that your output is always in valid HTML format. This means that your output should start with the opening…
Top Influential Women to Watch in 2023: Part 1
Welcome to part one of our Most Influential Women rundown for 2023. Over the next three days, we will reveal which nominees came through our challenging longlisting and shortlisting processes…
Entain Announces Board Changes and Appoints New CEO
The gambling group, which operates Ladbrokes and Coral, recently announced the appointment of Stella David as interim chief executive following the departure of Nygaard-Andersen.The boardroom and board committees have undergone…
XLMedia’s stock price hits all-time low as company forecasts decline in revenue and earnings
XLMedia's shares dropped 23% to 5.86 pence each, reaching their lowest point since the company went public in 2014. This decline came after the company announced that it would not…
Gambling Commission initiates fresh consultations on legal compliance fines
The Gambling Commission is holding consultations over a 13-week period to provide greater clarity and transparency on how penalties are calculated for legal compliance. The starting point for fines and…
Significant Increase in Spain’s Q3 Gambling Revenue to €304.2m Reflects Financial Growth
In Q3, the revenue for the finance sector in Spain reached €240.8m, surpassing the amount from the previous year. However, this total fell 2.7% short of the €312.6m generated in…
Corvex Urges Additional Changes at Entain Following Acquisition of 4.4% Stake: A Strategic Move
The US-based investment firm Corvex has acquired approximately 28 million shares of Entain, a gaming and sports betting company. This comes after the resignation of Jette Nygaard-Andersen as CEO of…
Mohegan Q4 financial report pushes FY23 net revenue to record levels in finance sector
Mohegan reported a net revenue of $444.3 million for the quarter, contributing to a record consolidated net revenue of $1.67 billion for the year 2023. The company also achieved adjusted…
Advancements in Payment Technology: Exploring the Future of Cashless Transactions
One of the most talked-about topics in the tech-innovation space this year has been the credit gambling and measures to prevent it. Efforts to ban credit card gambling escalated in…
