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Playtech released Thursday a trading update with ‘very strong’ results for the first four months of 2022, showing an ‘excellent start’ to the current financial year. Adjusted EBITDA for the first three months amounted to over 100 million euros ($106.2 million), and the positive Q1 run rate has continued through April, according to the UK gambling software developer, which noted that the positive performance
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Revealed: betting giants lobbied UK government over proposed crackdown Documents show gambling firms warned Treasury officials against tightening up industry laws Some of Britain’s betting giants are revealed to have quietly lobbied Treasury officials against a proposed industry crackdown, claiming it will cost millions of pounds in lost tax receipts. Executives representing Bet365, Paddy Power
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Following its multi-year agreement with the New York Mets in early April, Nasdaq-listed Caesars Entertainment, Inc. has now entered into a sports betting partnership with another Major League Baseball (MLB) team, the Chicago White Sox. The “wide-ranging collaboration” that makes the Las Vegas-based entertainment company the exclusive casino and official sports betting partner of the
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iGaming expert and software provider SOFTSWISS announced on Friday it has partnered with online gaming operator IGUBET by launching two joint projects: a sports betting brand and an affiliate marketing platform. The comprehensive cooperation agreement is set to give the brand “the opportunity to win one of the leading positions in the market,” according to
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In a deal that further “increases the attractiveness” of its product, Pariplay Ltd has strengthened its flourishing Fusion aggregation platform, having added casino games developer Mascot Gaming’s diverse portfolio of slot and table titles. Under the partnership agreement, will see the Aspire Global subsidiary’s distribution platform, which allows existing studios to “plug in” and distribute
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Following months of proposals, public hearings, and strong opposition from local residents and officials, Chicago Mayor Lori E. Lightfoot announced Thursday that the City has selected Bally’s Corporation to be the recipient of its sole casino license, and the developer to create a world-class casino-resort and entertainment experience in Chicago on the site of the
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