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- Fiona Simmons
Fiona Simmons's latest articles
Fiona Simmons
JournalistAlthough Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at GamblingNews.com is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Business
February 9, 2021
Golden Nugget Online Gaming Sees Revenue Growth, Appoints New Executive
The leading online gaming company had “rapid, profitable growth” in 2020 with revenue increasing by 63% YoY, as per a preliminary report. The company added Kevin Vonasek as its new VP of corporate development, who will lead GNOC’s ambitious expansion plans. 2020’s Highlights are IPO, $100M in GGR and New Markets Houston-based Golden Nugget Online […]
Industry
February 9, 2021
Betson Achieves All-Time High Q4 Results
Betsson AB has achieved significant growth across its business portfolio last year, particularly in Q4 2020. Betsson Achieves All-Time High Q4 Results Swedish online gambling company Betsson AB has published its 2020 financial results, revealing particularly impressive Q4 figures. In fact, the company managed to end the final quarter of the year at an “all-time […]
Business
February 8, 2021
Tesla Buys $1.5bn Worth Bitcoin, to Accept it as Payment Soon
Bitcoin exceeds $44,000 apiece for the first time, following the announcement. Bitcoin Investment is Significant Percentage of Company’s Cash Today in a filing with the Securities and Exchange Commission, Tesla informed that it has acquired $1.5 billion in Bitcoin. Moreover, the company added that it may also accept Bitcoin in the near future as a […]
Industry
February 7, 2021
FanDuel CEO Says Legal Sports Betting Might Fill Pandemic-Related Fiscal Holes
Fanduel’s stock has been on the rise in the weeks leading to Sunday’s Super Bowl and expects the contest to generate the company’s biggest sports betting handle ever. Sports Betting and iGaming Yet to Reach its Full Potential In an interview with MarketWatch, FanDuel CEO Matt King commented on the impact of the pandemic on […]
Industry
February 6, 2021
Super Bowl LV To Be a Win for Gambling Companies
It is unknown whether the Kansas City Chiefs or Tampa Bay Buccaneers will win the Super Bowl LV, but one thing is for sure – big sports betting and fantasy firms are already the champions. American Gaming Association Estimates Super Bowl to Generate $4.3 billion in Bets The shares of companies that offer online sports […]
Business
February 5, 2021
Barstool Sports Boosts Penn National Gaming’s Performance
Penn’s interactive division experienced massive growth during 2020, with strong revenues and EBITDA margins for the Hollywood Casino iCasino product in Pennsylvania, robust performance at the company’s 16 retail sportsbooks, and the introduction of the Barstool Sportsbook mobile app. Penn National Gaming Stands Strong Despite Covid-19 Turmoil Despite the challenging past year and ongoing pandemic-related […]
Business
February 5, 2021
DraftKings Expands NFL Deal to Canada for DFS
The NFL and DraftKings are expanding their DFS content partnership beyond the United States and launching in Canada to bring better fan experiences. DraftKings Gains Access to Canadian DFS Market with NFL DraftKings is launching its daily fantasy sports (DFS) product in Canada, as the company is looking to add more National Football League (NFL) […]
Business
February 4, 2021
DraftKings Powers Svenska Spel’s New Sportsbook Platform
Svenska Spel has launched a new sportsbook platform based on a B2B solution from SBTech, now owned by DraftKings. Svenska Spel Launches New Sportsbook State-owned enterprise Svenska Spel has released a new sportsbook platform for the Swedish gambling market. The website is built on software owned by US sports betting operator DraftKings. According to the […]
Legal
February 4, 2021
UKGC Fines Aspers Stratford Casino Over Player Protection Failures
Aspers’ Stratford City Casino will pay a £652,500 fine and will give up a £78,233 profit due to its regulatory failures. Aspers Failed to Enquire Customers Over Large Sums of Money The UK Gambling Commission has imposed a £652,500 ($890,000) sanction to Aspers’ Stratford City Casino after an investigation found breaches of anti-money laundering (AML) […]
Business
February 3, 2021
DraftKings Share Price Rises by 10% After ETF Invests $37.6M
DraftKings’ stock went up 10% on Tuesday as Cathie Wood’s ARK Invest Next Generation Internet ETF loaded up 620,300 shares in the online sports gambling company. DraftKings Features 0.52% in ARK Invest’s Portfolio DraftKings’ stock jumped by 10% between 1 February and 2 February after Cathie Wood’s ARK Invest Next Generation Internet ETF purchased shares […]