August 30, 2022
IGT Plc has settled ‘in principle’ its multi-million-dollar lawsuit filed by ‘Benson Matters’ made against its former DoubleDown subsidiary. This morning, the NYSE gambling technology group announced that it had agreed to contribute a $269m payment of a wider settlement of $415m that will end legal proceedings that have been ongoing since 2018. Acquired in 2012 for $500m, DoubleDown is …
Read More »July 13, 2022
Smarkets has opened a new office in the metro area of Washington DC to boost its East Coast US presence and commercial capacity. The DC office will serve as a commercial hub led by recently appointed US General Manager Sheldon Hanai, who leads the build-up of Smarkets operations and business development resources for its planned US expansion. “An East Coast office has …
Read More »May 27, 2022
Intralot SPA continues its recovery momentum into 2022 trading as its core business units and global divisions maintain growth benefitting from the group’s capital restructuring programme. Publishing its Q1 trading update (period ending 31 March), the Athens-listed gambling technology group registered corporate revenues of €415m – up 20% on corresponding 2021 results of €345m. The €70m increase in consolidated revenues …
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