BetCoco, a new online casino brand, is seeking to bolster its standing in the international crypto betting and casino markets, in particular the Americas. Crystal Wealth Group (CWG), Owner of BetCoco, has a history of land-based casino operations and is now bolstering its presence in online and crypto casinos space with its new brand. With a licence in Curacao, the …
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NYSE-listed games machine manufacturer and distributor PlayAGS has disclosed to markets that it has become an M&A target of gaming technology firm Inspired Entertainment Inc, according to a report from Reuters. This weekend, PlayAGS confirmed to US media that Inspired Entertainment had submitted a $10 per share cash offer to acquire the business at a proposed valuation of $370m. Inspired has …
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The group-wide revenue and profit of 888Holdings took a heavy hit across the first six months of the year, as the LSE-listed firm continues to adjust to its acquisition of William Hill. Publishing its interim report this morning, the FTSE250 group revealed that revenue and profit for H1 2022 were both down by 13% and 66%, standing at £332.1m and …
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Light & Wonder Inc has cited confidence in achieving its long-term financial objectives as the Nasdaq technology group continues to benefit from its ongoing corporate transformation. Publishing its Q2 trading results, Light & Wonder (formerly Scientific Games Corporation) generated $610m from ‘continued business units’ – up 5% on corresponding 2021 results of $580m. Q2 trading saw Light & Wonder complete …
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Shockwaves have been sent through US politics following confirmation that yesterday FBI agents raided the Florida Mar-a-Lago home of 45th President Donald Trump. Though yet unconfirmed, US media reports that the raid formed part of an ‘intensified investigation by the Justice Department into Trump’s affairs as President’. Reported to be in New York, Trump issued a statement condemning the FBI’s …
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Digital payments group Nuvei Corporation has announced to the Toronto Stock Exchange (TSX) and Global Nasdaq that it has enlarged its board of directors to eight members. Updating corporate stakeholders, Nuvei confirmed the appointment of tech and finance experts Maren Lau and Tim Dent as new independent directors (NEDs). Lau is Regional Vice President at Meta for Latin America, helping …
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You wouldn’t get into a car which hasn’t passed its safety checks, so why would you bet with an operator that doesn’t have the necessary safer gambling measures in place? A question posed by Rasmus Kjaergaard, CEO of Mindway AI, at the recent SBC Summit North America event, as he assessed the roll out of safer gambling measures across US …
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Standing out from the competition is a key goal and challenge of any operator, but the US poses more hurdles to this than other markets according to Andy Clerkson. Speaking to SBC at Betting on Sports Europe (BOSE), the Voxbet Strategic Advisor explained why the emerging North American online betting space needs to make improvements on its tech support. “One …
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Catena Media Plc has secured its first major US media partnership, becoming the lead gambling content provider for Advance Local – the publisher of NJ.com and other localised new sources. The agreement will see Catena provide high-quality coverage of online sports betting and casino developments for Advance Local audiences across legislated US states. Of significance, the publisher will take over …
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IGT Plc remains confident of achieving its 2022 financial objectives, but has ‘tightened its full-year revenue outlook’ to reflect currency fluctuations and the impact of its ongoing business transformation. Publishing its consolidated Q2 2022 results, IGT registered a 2% decline in period corporate revenues to $1.02bn. The weakened headline performance was attributed to an 11% sales decline of IGT’s Global …
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