Interactive Gaming

Aristocrat Entertainment CEO Trevor Croker said the company plans to “significantly escalate” its focus on convergence products and services, which may involve mergers and acquisitions.

Aristocrat Entertainment CEO Trevor Croker says the company plans to "significantly escalate" its focus on convergence products and has a strong enough balance sheet to support mergers and acquisitions in the sector. 

Caesars Entertainment posted a loss for Q4 of $555 million compared with a $13 million profit in the prior year, but said it has seen a pick up in demand in the New Year, especially at its regional properties.

Thai police have shut down a network of online casinos in raids that took place across seven provinces, with nineteen suspects arrested and cash and other goods seized. In total, eight online casino networks have been shut down.

Pronet Gaming has become a leading corporate sponsor of the All-in Diversity Project’s social media campaign #OpenDoors, contributing to a new scholarship fund.

BetGames.TV has opened a southern European hub in Malta and announced aggressive growth plans for 2021.

iSoftBet has unveiled a new brand manifesto, placing its people, partners and the player at the heart of its development.

Wazdan has undertaken a major shuffle in its executive team, with a number of high-profile hires and promotions adding a wealth of experience to the provider’s workforce.

500.com closed its previously announced private placement transaction with Good Luck Information Technology and has received 356.04342 Bitcoins and US$11.5 million in cash. The company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.

Dream Sports, owner of online fantasy sports brand Dream 11 is in talk with investors for a fresh round of funding that will bring the valuation of the company to around $4 billion.