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Light & Wonder seeks new CEO as Barry Cottle steps down

New York-listed gaming supplier Light & Wonder is looking for a new chief executive after confirming the departure of Barry Cottle as president and CEO.

Cottle has served as CEO of Light & Wonder (formerly Scientific Games) since June 2018, with the company announcing Tuesday that he has now stepped down [...]

3 mins read
888 Holdings

Randy Freer steps down from 888 board of directors

London-listed betting and gaming operator 888 Holdings has confirmed that Randy Freer has resigned from the company’s board of directors with immediate effect.

Freer only joined 888's board in July of this year, but has now stepped down as a result of his increased outside commitments, which includes his recent appointment [...]

2 mins read
Brazil

Brazil aims to combat illegal websites with payment blocking bill

Financial transactions with unlicensed online gambling operators will be prohibited under a new bill introduced in Brazil last week.

The payment blocking proposal is aimed at illegal online gambling websites in Brazil, as well as sites featuring underage pornography.

The draft bill before the House of Representatives would see the Central Bank [...]

1 min read

GI Games Round-up: Featuring BF Games, Red Tiger, Wizard Games and more

This week’s games and platform integrations round-up from Gaming Intelligence features the likes of Relax Gaming, Red Tiger, Greentube, Wizard Games, Pragmatic Play, Evolution, Play'n GO, Betsoft Gaming, BF Games, Pariplay, Evoplay and Yggdrasil.

Relax Gaming's Dead Rider’s Trail

Relax Gaming has unveiled its latest feature-loaded adventure-themed slot with the release of Dead Rider’s Trail.

“Our development [...]

6 mins read

Gaming Technologies issues warning as cash reserves evaporate

iGaming supplier and operator Gaming Technologies has warned that it may not be able to continue as a going concern after cash reserves fell to zero at the end of the second quarter of the year.

Gaming Technologies (Gametech) operates the vale.mx iGaming brand in Mexico under a revenue share partnership [...]

1 min read
Spiffbet

Spiffbet aims for profitability with slimline brand portfolio

Shares in online gaming operator Spiffbet fell more than 16 per cent in Stockholm Tuesday as the company announced the closure of nine iGaming brands.

Spiffbet closed down its Wishmaker, Live Lounge and Sir Jackpot brands during the first half of this year and will follow that with the closure of [...]

1 min read

OpenBet expands football offering with StatsBomb partnership

Sports betting technology provider OpenBet has partnered with StatsBomb to enhance its player props markets ahead of the 2022 FIFA World Cup.

Openbet will integrate StatsBomb’s rich data with the BetBuilder, pre-built BetBuilder and singles product sets developed by SportCast, which the company acquired in May 2021.

StatsBomb’s data includes shots on [...]

3 mins read

GI Games Round-up: Featuring Lightning Box, Nolimit City, SoftSwiss and more

This week’s games and platform integrations round-up from Gaming Intelligence features the likes of Lightning Box, Nolimit City, SoftSwiss, Pragmatic Play, iSoftBet, and Yggdrasil.

Lightning Box's Lightning Blaze

Light & Wonder-owned Lightning Box has expanded its slot portfolio with the launch of Lightning Blaze.

“Lightning Respin has become a fan-favourite mechanic with the feature now available [...]

4 mins read
Catena Media

Catena Media sees revenue fall 5% in tough second quarter

Stockholm-listed iGaming affiliate Catena Media has reported a 5 per cent fall in revenue to €28.9m for the second quarter of 2022, with results weighed down by challenging trading conditions in Europe and Japan.

The company said that the year-on-year revenue decline was a result of sports calendar seasonality and macroeconomic [...]

1 min read
Sportradar

Sportradar raises full year guidance as Q2 revenue grows 23%

New York-listed Sportradar Group has reported a 23 per cent increase in revenue to €177.2m for the second quarter of 2022, buoyed by strong growth in the United States.

The company recorded growth across all business segments during the second quarter of the year, with revenue from the RoW Betting segment [...]

1 min read

Americas drive Genius Sports’ growth as Q2 revenue climbs to $71.1m

New York-listed sports data and technology provider Genius Sports has beaten its guidance for the second consecutive quarter as group revenue increased by 27 per cent to $71.1m in Q2 2022.

Revenue in Q2 exceeded the company's previous guidance of $68.0m, with revenue climbing 42 per cent year-on-year on a constant [...]

1 min read
GAN

GAN lowers full year guidance as revenue growth slows to 1.8% in Q2

Shares in New York-listed gaming supplier GAN fell by more than 20 per cent in after-hours trading as the company lowered its full year revenue guidance.

Reporting second quarter results Monday, GAN said that total revenue during the period amounted to $34.97m, an increase of 1.8 per cent year-on-year.

This was driven [...]

1 min read
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