Buzz Group expects continued growth driven by a more diversified omnichannel business following a restructuring and heavier emphasis placed on online operations during 2023. The company – operator of the Buzz Bingo and Buzz Casino brands – outlined that revenue for the 12-month trading period between October 2022 and September 2023 stood at £195m, driving gross profit of £137m. However, …
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Buzz Bingo has announced that it will close nine of its 91 clubs due to an “ongoing and challenging operating environment”. The closures will impact a likely 151 staff members of the bingo operator’s 2,500 UK workforce, to whom “Buzz is committed to supporting at this difficult time”. Media was informed that Buzz will proceed to close down its venues …
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Bragg Gaming Group has today announced that it will undergo a major restructure of its Board of Directors after appointing Akshay Kumar, Jim Ryan and Paul Pathak to its executive team. Akshay Kumar was appointed as the Chief Financial Officer for Bragg Gaming, after holding positons at NetPlay TV PLC, and sports spread betting specialist Sporting Index. Throughout his career, …
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In accordance with Toronto TSX market rules, Canadian digital technology group Breaking Data Corp (BDC) has confirmed that it will undertake a ‘private subscription placement’ seeking to raise capital funds of CAD $12 million (€8 million). Updating the market, BDC governance confirms the appointment of Toronto investment bank Eight Capital as sole book-runner for its upcoming transaction, which will offer …
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GIVEMESPORT owners Breaking Data Corp has revealed plans to make a strategic manoeuvre into the betting and gaming world, via the strategic acquisition of Oryx Gaming for €7.5m. Renaming the firm Bragg Gaming Group upon completion, ex-NetPlay TV Chief Financial Officer Akshay Kumar is set to be brought in to occupy a similar role, as Breaking Data plans to leverage …
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Former Betfair Brand Director Mark Ody has been appointed Marketing Director of Full Tilt, as the online poker brand looks to expand its player services by offering sports betting and casino products. The experienced marketing veteran will join the Amaya Inc owned igaming operator, leading Full Tilt marketing teams, strategy and initiatives. Ody will further be tasked with re-developing Full …
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