Australia-based international betting solutions provider BetMakers Technology Group has detailed progress on its operational restructure, as the firm seeks to streamline its business model. The company updated its ASX investors that the operational review it has been undertaking over the past four months will lead to a reduction in operating costs – from AUS$91.5m in H1 FY2023 (June 2022-June 2024) …
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CGS focuses on pillars of business with ‘Leadership & Growth’ conference track
he highly anticipated Canadian Gaming Summit is fast approaching, promising an exciting lineup of events. In addition to an innovative exhibition floor, insightful panels and expert speakers, industry delegates will have a valuable opportunity to delve into the essential pillars of prosperous business decision-making through the dedicated conference track called ‘Leadership & Growth’. Taking place on the last day of …
Read More »XLMedia warns of H1 slowdown due to stagnant US activities
XLMedia Plc has notified investors of a slower start to 2023 trading due to its business countering skewed period comparatives matched against 2022 developments. The London AIM-listed media publisher expects its 2023 interim results to be below expectations due to a stagnant US calendar, in comparison to 2022 activities which featured US wagering launches in the states of New York …
Read More »Rumours circulate of Kindred sale in aftermath of executive departures
Following a series of departures from the firm’s Board, Kindred Group is reportedly accelerating plans for a potential sale of the company to a larger gambling conglomerate. Bloomberg reports that the Stockholm-listed 32Red and Unibet parent company is evaluating merger or sale options with Morgan Stanely, PJT Partners Inc and Canaccord Genuity Group. The business news outlet further asserts that …
Read More »Canadian Gaming Summit Puts the Spotlight on SIGA’s Business Model and Commitment to the Community
Patricia Cook, Vice President of Corporate Affairs, and Desiree Gervais, Vice President of Human Resources, of the Saskatchewan Indian Gaming Authority (SIGA), will discuss SIGA’s introduction to the digital gaming market and pioneering approach to regulatory agreements and revenue-sharing models, during an exclusive Keynote Fireside Chat at the 26th edition of the Canadian Gaming Summit. The “First Nations partnerships: the …
Read More »Novibet launches localised LatAm campaign to ‘Play in the new era’
Sports betting and igaming operator Novibet has launched a localised campaign this week to promote its presence in the key LatAm markets of Brazil, Mexico, Chile and Ecuador. The ‘Play in the new era’ promotion has, said the firm, been “amplified by strategic partnerships in each market. Featuring the football superstar Arturo Vidal, the launch campaign ‘Play in the new …
Read More »‘Affiliates & Advertising” conference track announced for Canadian Gaming Summit
The ‘Affiliates & Advertising’ conference track at the 26th edition of the Canadian Gaming Summit – the country’s premier gaming and betting event- is set to explore the most effective practices affiliates can use to capitalize a burgeoning Canadian market. With sports betting and iGaming being a newly publicized market in Canada, it is imperative companies recognize the importance of …
Read More »Lion Gaming gets sportsbook boost from Oddin.gg
Oddin.gg will provide its esports betting solutions to online casino platform Lion Gaming under a new partnership, as the latter seeks to bolster its B2B sportsbook offering. The esports betting supplier will integrate its solutions into Lion Gaming’s operations, covering a range of esports events and betting options. Lion and Oddin.gg have underscored a joint goal of ensuring that the …
Read More »Rivalry edging towards profitability with record Q1 revenues
Rivalry has further cut down net losses in Q1 2023 as the international betting and media company moves ahead with its investment and development plan. The firm – based in Toronto and listed on the TSXV – reported Q1 revenue of CA$12m as of 31 March 2023, its highest-ever figure for a single quarter and marking a growth rate of …
Read More »ICC suspends West Indies’ Thomas for seven corruption code breaches
The International Cricket Council (ICC) has charged West Indies cricketer Devon Thomas with seven counts under the Anti-Corruption codes. The 33-year-old has been provisionally suspended on behalf of Sri Lanka Cricket (SLC), the Emirates Cricket Board (ECB) and the Caribbean Premier League (CPL). In detail, the charges relate to ‘contriving or being party to an agreement to fix or attempt …
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