In financial markets, companies employ various strategies to enhance shareholder value and optimize their capital structure. One such approach is the implementation of share buyback programs. Kambi Group plc, a prominent player in the industry, recently undertook a share buyback initiative within the framework approved at the Extraordinary General Meeting held on 19 June 2023....
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Finance News, iGaming News
December 21, 2023
GiG’s Acquisition of KaFe Rocks
Gaming Innovation Group Inc. (GiG) proudly announces the successful completion of its acquisition of KaFe Rocks Ltd., a prominent affiliate leader in the iGaming industry. This strategic maneuver positions GiG's...
Finance News, iGaming News
December 20, 2023
MGA’s H1 2023 Gaming Report for Malta
The Malta Gaming Authority (MGA) has recently disclosed its Interim Performance Report for the first half of 2023, offering a comprehensive overview of its accomplishments and shedding light on the...
Finance News, iGaming News
December 19, 2023
Surging Waves of Spain’s iGaming Market
The iGaming market in Spain has witnessed substantial growth, reporting a noteworthy year-on-year surge in the first three quarters of the year. Despite a slight dip in activity compared to...
Business News, Finance News
December 18, 2023
XLMedia’s Share Price Plunge
XLMedia, a prominent affiliate marketing group, witnessed a drastic drop in its share price, reaching a record low. The company announced that its revenue projections for the year 2023 are...
Finance News, iGaming News
December 18, 2023
The Revival of the Belgian Gaming Sector
Belgium's gaming sector is experiencing a remarkable resurgence, as indicated by the latest report from the Belgian Gaming Commission. The data reveals a notable recovery in the land-based gaming sector,...
Finance News, iGaming News
December 13, 2023
Kambi Group Share Repurchase Program
In a move aimed at creating added value for its shareholders and fortifying its capital structure, Kambi Group plc has executed a share buyback program. The initiative, approved during an...
Finance News, iGaming News
December 12, 2023
EEG’s Future Growth Plans
Esports Entertainment Group (EEG), a prominent player in the esports industry, has recently announced the suspension of its monthly cash dividend on the outstanding 10% Series A cumulative redeemable convertible...
Finance News, iGaming News
November 21, 2023
WowPot!™ Jackpot Hits €40M Record
Games Global has once again taken center stage with its WowPot!™ jackpot surpassing an impressive €40 million. This monumental achievement has sent ripples of excitement throughout the industry, with anticipations...
Finance News, iGaming News
November 20, 2023
June’s Journey Hits $1 Billion Milestone
Wooga's Berlin-based studio proudly announces that their flagship game, June’s Journey®, has soared to an extraordinary $1 billion USD in lifetime gross revenue. Not only does June’s Journey stand as...
Business News, Finance News
November 8, 2023
GiG Celebrates Remarkable Q3-2023 Results
Petter Nylander, the Chairman of Gaming Innovation Group (GiG), expressed his delight in sharing the astounding Q3-2023 results. GiG is relentlessly pursuing its mission to become a world leader in...
Banking, Finance News
October 26, 2023
NDSF Nominee Faces Regulatory Hurdles
One of the two nominees appointed by the National Development and Social Fund (NDSF) to the bank's board has faced regulatory obstacles. Dr. John Bonello secured regulatory approval for his...
Finance News, iGaming News
October 19, 2023
888 Holdings Q3 2023 Trading Update
888 Holdings, a global leader in the betting and gaming industry, boasting iconic brands such as William Hill, 888, and Mr. Green, has released its trading update for the third...
Finance News, Taxation
October 17, 2023
Malta Chamber of Commerce’s Inflation Concerns
In the face of rising inflation, the Malta Chamber of Commerce has called on the government to reconsider its strategy, deeming the current approach potentially disastrous. They argue that the...
Finance News, iGaming News
September 29, 2023
LEC Launches Sporting Financial Regulations
In a significant move aimed at ensuring the long-term financial stability and competitive equilibrium of the League of Legends European Championship (LEC), the league is gearing up to unveil a...
Finance News, iGaming News
September 26, 2023
Entain Plc: 2023 Net Gaming Revenue Forecast
Entain Plc (OTC: GMVHY) finds itself among the day's underperforming gambling stocks, with Ladbrokes' owner disclosing a less-than-rosy 2023 Net Gaming Revenue (NGR) forecast. The culprit? A slump in the...
Finance News, Taxation
September 21, 2023
Malta Could Raise €344 Million with Wealth Tax
A recent study conducted by the Greens/EFA Group in the European Parliament has revealed that Malta has the potential to generate an additional €344 million in revenue by implementing a...
Finance News, Laws
September 18, 2023
Malta’s Crypto Regulations Align with MiCA
Malta, known as the "Blockchain Island" for its early embrace of blockchain and cryptocurrency technologies, is once again at the forefront of regulatory changes in the European Union (EU). The...
Finance News, Laws
September 18, 2023
MGA Fuels Gambling Industry Growth
The Malta Gambling Authority (MGA) has been on a mission to transform Malta into an attractive destination for companies in the gambling industry. According to the Annual Report for 2022...
Business News, Finance News
September 6, 2023
Retail Trade in Malta Surges by 3.5%
In a surprising turn of events, the retail trade sector in Malta has displayed remarkable resilience and growth, standing out as a beacon of hope amidst a challenging economic landscape....
Business News, Finance News
September 6, 2023
GO Empowers Malta with True Fibre Network
In a landmark announcement, GO, the leading telecommunications provider in Malta, has declared that a whopping 75% of households and 80% of businesses across the country can now bask in...
Banking, Finance News
September 6, 2023
Bank of Valletta Naxxar Branch Revamp
Bank of Valletta, one of Malta's leading financial institutions, has recently unveiled its revamped Naxxar Branch, signaling a significant milestone in its ongoing commitment to delivering top-tier customer service. The...
Finance News, iGaming News
August 21, 2023
FS Gaming Investments reduces Stake in 888 Holdings
In a significant move, investment firm FS Gaming Investments has lowered its ownership stake in 888 Holdings from the initial 6.57% to 4.55%. This strategic decision comes after FS Gaming's...
Banking, Business News, Finance News, Taxation
August 21, 2023
Changing Banking Landscape
The lasting impact of the 2007-2008 Global Financial Crisis (GFC) still reverberates in our memories. It was a period marked by the precarious state of banks, with many of the...
Business News, Finance News
August 17, 2023
MGM Resorts Launches BetMGM in the UK
The iGaming landscape is undergoing a significant transformation as MGM Resorts takes the leap to introduce BetMGM iGaming and online sports betting to the United Kingdom. Building on its acquisition...
Finance News, iGaming News
August 17, 2023
DraftKings Gains Market Share in US Sports Betting
In the realm of US sports betting, a duopoly has solidified its position, with Flutter Entertainment's (OTC: PDYPY) FanDuel and DraftKings (NASDAQ: DKNG) leading the way. And it seems that...
Finance News, iGaming News
August 15, 2023
Playmaker Capital Releases Financial Report for Q2 2023
In a recent development, Playmaker Capital has released its financial report for the second quarter of the year, showcasing impressive results. The revenues reached $12.6 million, indicating a growth of...