Covid-19 Impact Causes Crown Casino to Anticipate Statutory Full-Year Loss in Casino Games Industry
For the 12 months to 30 June 2021, Crown forecasts a theoretical EBITDA (earnings before interest, tax, depreciation, and amortization) of AUD$240m to $250m, a significant decrease compared to the…
Tackling Fraud in the Esports Gaming Industry
What is fraud prevention and management?Fraud prevention and management is a strategy to detect and minimize illegal activities and abuse that may cause financial or brand reputation damage for esports…
Gamesys and Bally’s Mega-Merger Approved by Shareholders: A Strategic Move for Growth
Gamesys announced in a statement that the court meeting and general meeting to consider the scheme and special resolution relating to the combination were both held on 30 June and…
Mehl, Director of Danske Lotteri Spil, Resigns – Latest News and Updates
Danske Spil has announced that Pernille Mehl, the director of the company, will be stepping down from her role. However, she will continue in her position until at least November…
Marketing Affiliates Benefit as Betano Becomes Sporting Lisbon’s New Premium Sponsor
The marketing-affiliate deal will cover the 2021-22 and 2022-23 seasons, with the option to extend by an additional two years. Betano branding will appear on the front of first team…
Rise in gambling activity influences financial renaissance in Italy
Revenue in the regulated igaming market reached €328.5m last month, marking a 14% increase from April and a 94% rise from May of the previous year. The sports betting vertical…
IG Group Successfully Completes Tastytrade Acquisition and Strengthens their Strategy
The purchase was worth $1.0bn (£721.3m/€839.3m), with a deal brokered in January this year seeing IG Group agree to pay an initial $300m in cash and also issue 61 million…
Toto-Lotto Niedersachsen Appointed as Chair of DLTB: Enhancing Lottery Operations and Management
Toto-Lotto Niedersachsen GmbH has been unanimously elected to succeed Lotto Rheinland-Pfalz as the chair of the powerful industry association starting from 1 January, 2022. The company's managing directors, Axel Holthaus…
Singapore Pools announces appointment of Kaikhushru S. Nargolwala as new chair for lottery operations
Nargolwala has been appointed as the Chairman of Singapore Pools, taking over from Koh Choon Hui. He brings with him over 40 years of finance experience and currently serves on…
XLMedia Appoints New Chief Information Officer – A Game Changer for Digital Marketing
In his new role, Leigh will be responsible for defining XLMedia’s long-term technology roadmap, leading its technology vision, and driving value creation across its portfolio of publishing websites.Leigh joins XLMedia…
