Stram Entertainment to acquire BetPrep, a strategic move to strengthen marketing-affiliate capabilities
Under the agreement, BestOdds will pay FansUnite a 30% revenue share for 36 months, subject to a minimum monthly guarantee, after the agreed upon ramp-up period ends on 1 September…
Bally’s Casino Appoints Experienced Gamesys Executive Robeson Reeves as CEO as Current CEO Fenton Resigns
Gaming company Gamesys welcomed new CEO Reeves to their team in 2005. Reeves, as the incoming CEO, is set to bring fresh perspective and leadership to the company.Reeves has held…
Playtech Announces CA$12.25 Million Investment in NorthStar Gaming for Finance Sector
Playtech and North Star have extended their software and services agreement for 10 more years, following their initial deal in December 2021. This extension is made through an investment in…
Bally’s Q4 losses reach $477m following impairment charge
Here are the preliminary financial results for Bally for the fourth quarter (Q4) and full year 2022: Quarter/Year Revenue Profit/Loss Q4 2022 $X $Y Full Year 2022 $Z $W According…
Promoting Social Responsibility: The Role of Gambling in Addressing Excessive Video Game Playing
Within the gambling industry, there is a strong focus on responsible gambling measures. This includes identifying excessive gambling behaviors and implementing provisions to promote responsible play. However, similar behaviors are…
Successful Legal-Compliance Battle: Danish Regulator Prevails in Illegal Bingo Lawsuit
The regulator conducted an investigation at the premises of an undisclosed organization located in Odense in 2019. The investigation revealed that the organization had been illegally offering both bingo and…
Caliplay’s Legal Compliance Challenged by Unexpected Playtech Court Claim
Last week, Playtech Malta subsidiary announced that it has sought a declaration from the English courts regarding a disagreement with Caliplay, its joint venture with Mexican operator Caliente. The dispute…
Hannahville Tribe Teams Up with 888 for Online Casino Gaming in Michigan
When it comes to casino games, it is important to ensure that your output is always in valid HTML format. This means that it must start with an opening paragraph…
Kindred reports decline in revenue and net profit for FY22
Last month, Kindred announced plans to improve profitability and reduce losses in North America. The company will re-prioritize investment projects, optimize operating expenses, and review all areas of cost. Kindred's…
Financial implications of DoubleDown’s loss following Benson settlement and impairment costs
In the field of finance, it is important to ensure that your output is always in valid HTML format. This means that your content should start with the opening tag…
