Kindred issues a profit warning
Summary: The operator behind the Unibet and 32Red brands said today that first-quarter operating profits would fall by three-quarters to €25m ($27m). The company pinned the withdrawal from the Dutch market in October last year for the decline. Why it matters: Kindred’s US operations are still nascent and it will take a lot more money […]
Caesars gets plaudits for accepting 888 discount
Summary: John DeCree, analyst at CBRE, said Caesars Entertainment made the “right call” in accepting the £250m discount on the sale price of the William Hill international business. The price drops to between £1.95bn-£2.05bn. Why it matters: Various factors lay behind the reassessment of the value of William Hill’s international business. Primarily, they relate to […]
PaySafe names Bruce Lowthers CEO and executive director
Summary: There is a shakeup at the top of Paysafe’s executive team, with the company appointing Bruce Lowthers to succeed Philip McHugh as chief executive and executive director. Why it matters: Lowthers comes to Paysafe after a long career in Fintech, most recently at FIS, where he spent the last 14 years.Paysafe is an important […]
David Sargeant on Pala-Boyd Gaming deal
Integrating online and land-based loyalty programs“The true omnichannel dream is understanding exactly what a user does and when they do it across both retail and online and using that information to influence customer behavior.”- David Sargeant, Sports betting consultant, advisor, and investor with iGaming Ideas (Source Link)
Kansas City Chiefs future a hot topic at sports betting hearing
Discussion on sports betting turns into session about Kansas City Chiefs’ future stadium2:49Discussion on sports betting turns into session about Kansas City Chiefs’ future stadiumApr. 7, 2022Uploaded by KSHB 41