Location: Malta
Kindred fails to match ‘ambitious expectations’ as 2022 profits tumble 60%
Kindred Group will take “immediate actions to improve profitability” following 2022 difficulties, which saw its business witness... more
Kindred edging back towards sustainability target with 3.3% of revenue from harmful sources in Q4
Kindred Group generated 3.3% of its total revenue from harmful gambling during Q4 2022, the firm asserts, marking a return to form after... more
EveryMatrix overcomes Germany hurdles to hit €65m profit
EveryMatrix has reported strong trading throughout 2022, closing the year with gross profit of €65m [$71m], driven by ‘significant growth’... more
Kambi to cut staff, pursue efficiencies and algorithmic oddsmaking as it aims for €150m profit goal
Kambi expects to reduce the headcount of its trading department by 2027 as it pivots to an algorithm-led approach in order to hit an... more
Ex-Esports Entertainment Group CEO sues company as downward spiral continues
Grant Johnson, the recently removed CEO of Esports Entertainment Group, has filed a lawsuit against his former employer alleging that the... more
Kindred to reduce U.S. marketing spend after ‘weak’ Q4 performance
Kindred Group has reported that Q4 has shown a ‘weaker than anticipated’ performance resulting in operational changes, including the... more
Esports Entertainment Group COO and CFO resigns
Damian Mathews has resigned from his position as chief operating officer and chief financial officer of Esports Entertainment Group (EEG).... more
Genesis Global files for insolvency, lays off all 140 staff
A gaming firm has wound up its operations in Malta, laying off around 140 remaining employees, breaking the news just in time for... more
Esports Entertainment Group dodges delisting, considers abandoning igaming, confirms CEO exit
Operator Esports Entertainment Group (EEG) will consider a sale of its remaining igaming business, and also confirmed the exit of chief... more
IMG Arena acquires Leap Gaming to strengthen sports betting content portfolio
IMG Arena has acquired virtual sports and casino games provider Leap Gaming to enhance its sports betting content portfolio. The deal... more
