London-listed XLMedia has announced plans to exit the personal finance business in order to focus on gaming affiliate opportunities in the United States.
XLMedia said Thursday that the business is restructuring its personal finance division and exploring the potential sale of all personal finance assets, with discussions underway with a number [...]
Stockholm and Oslo-listed Gaming Innovation Group (GiG) has entered into an agreement to acquire AskGamblers and other casino affiliate sites from rival Catena Media for a total consideration of €45m.
Expanding its existing GiG Media affiliate business, GiG will acquire Askgamblers.com, Johnslots.com, Newcasinos.com and several smaller domains from Catena Media for [...]
Vancouver-based betting operator FansUnite Entertainment has confirmed the departure of founder and president Darius Eghdami.
Eghdami has been with the company for more than ten years, including CEO for eight years, but resigned this week to attend to personal matters unrelated to his tenure at FansUnite.
Since founding FansUnite, Eghdami has played [...]
Malta-based iGaming operator and games provider Glitnor Group has called off its proposed acquisition of iGaming affiliate KaFe Rocks Group.
The two companies have mutually and amicably decided not to complete the transaction due to current market conditions.
As a result, KaFe Rocks and the Time2play.com brand will continue to be managed [...]
Dutch gambling regulator Kansspelautoriteit (KSA) is launching an investigation into affiliates promoting unlicensed online gambling.
The regulator said that its efforts to combat illegal gambling had led to the discovery of “so-called affiliate websites” that appear to specifically target vulnerable individuals.
These include affiliate websites that help players circumvent the central self-exclusion [...]
Oslo-listed gaming supplier Gaming Innovation Group (GiG) hit a new record high in the third quarter of 2022, as revenue increased by 35 per cent to €22.9m.
Despite general lower seasonal activity through July and August, GiG said that the year-on-year growth was driven by a record performance from its GiG [...]
A surge in the number of complaints about online gambling affiliates resulted in 275 investigations by the Australian Communications and Media Authority (ACMA) during the third quarter of this year.
The Australian media regulator received 314 enquiries and complaints during the third quarter, 87 per cent of which (275) were valid [...]
Malta-based player reactivation and retention specialist Enteractive has expanded its US presence after securing a service licence from the Pennsylvania Gaming Control Board (PGCB).
The licence adds to Enteractive’s existing service licence from the New Jersey Division of Gaming Enforcement (NJDGE), which was issued in April 2021, with Enteractive now able [...]
Digital sports media company Playmaker Capital is expanding its affiliate capabilities with the acquisition of Wedge Traffic.
Playmaker is acquiring the Glasgow, Scotland-based gambling affiliate for US$31.2m, comprised of a cash payment of $8.5m on closing and 3,694,933 Playmaker shares at a piece of $0.75 per share.
The total price includes a [...]
Gambling-focused media company Enteractive Media plans to go public on the Nasdaq stock market through a merger with special purpose acquisition company Parsec Capital Acquisitions.
The board of directors of both companies have approved the transaction, which is expected to close before the end of this year, subject to shareholder approval [...]
Massachusetts is likely to launch retail sports betting on January 29, 2023, with online betting expected to follow within two months.
The Massachusetts Gaming Commission settled on the proposed dates at a meeting on Friday, although commissioners warned that the launch date for online betting could be pushed back if there [...]
The family office of iGaming entrepreneur Teddy Sagi is acquiring a stake in London-listed online competitions operator Best of the Best (BOTB).
Sagi’s Globe Invest will acquire an initial 29.9 per cent stake in the business for approximately £10m from founding shareholders William Hindmarch and Rupert Garton.
The £4 per share acquisition [...]