Business News and Headlines
Business
February 17, 2022
Tabcorp Lottery and Keno H1 FY2022 Results Drive Share Price up 5%
Australian racing and sports betting firm Tabcorp has seen an increase in its revenue in the first half-year of FY 2022. The surveyed period ended on December 31, 2021, and resulted in revenues of AU$2.93 billion ($2.11 billion) or up 2.2%. The period is noted down as H1 2022 because of the specific way Tabcorp […]
Business
February 17, 2022
Customer Acquisition, Promo Costs Take Their Toll on DraftKings
Sports betting and iGaming operators are going through a massive acquisition phase in the US. They’re fighting for customers as each state comes online, and the best way to attract attention is through promotions and bonuses. However, they’re like a double-edged sword. While cutting into competitors’ ability to win a customer, promos also cut into […]
Business
February 17, 2022
Hard Rock International Becomes Founding Partner to F1 Miami GP
Hard Rock International has struck a multi-year partnership with South Florida Motorsports and will become a founding partner for the Miami Grand Prix. As a result, the Formula 1 Crypto.com Miami Grand Prix event will proceed as expected from May 6 through May 8 at the Hard Rock Stadium. Hard Rock Strengthens Ties with F1 […]
Business
February 16, 2022
Betcris and Vibra Gaming Sign Latin American Distribution Deal
Sports betting and online gaming operator Betcris announced today it entered into collaboration with the developer of online games and platform Vibra Gaming aimed at strengthening the positions of both companies on markets in Latin America. Expanding Vibra Gaming’s Content Reach The distribution deal signed between Betcris and Vibra Gaming will see the entire collection […]
Business
February 16, 2022
DRF Bets Designated as Alfa Romeo F1 Team ORLEN Sponsor
Online and mobile wagering platform DRF Bets announced today it would become an official sponsor of Alfa Romeo F1 Team ORLEN for the 2022 Formula 1 racing season. Sponsoring Like-Minded Businesses The joint announcement made by the North American provider of premium data and editorial coverage on sports and horse racing Daily Racing Forum (DRF) […]
Business
February 16, 2022
Bitcasino and 3Ice Ink a Partnership Deal for Canada
The fresh hockey league 3Ice has chosen the cryptocurrency online gambling operator Bitcasino as its official partner in Canada. The deal will enhance the sporting experience while promoting the operator’s brand. Bitcasino Will Produce Exclusive Content As per the deal, the league will propagate Bitcasino’s offerings. The latter will work on making exclusive hockey content. […]
Business
February 16, 2022
Parleh Media Group and SharpRank to Advise Bettors on the Best Wagering Opportunities
Parleh Media Group and SharpRank have struck a new partnership that will seek to help sports bettors make better-informed decisions and bring stronger overall entertainment value to players. SharpRank will integrate its ranking system into Parleh’s own customer offering, enabling consumers to make smarter calls about whether values are good value. More Bang for Your […]
Business
February 16, 2022
Genting HK Continues to Seek Ways to Recover from Financial Disaster
Genting Hong Kong’s liquidators are investigating the possibility of potential buyers for many of the company’s assets. Although there was some discussion about re-financing assets in Asia, it seems that assets in Germany, including the huge Global Dream cruise ship, and those of Crystal Cruises, based in the US, may be sold to multiple buyers. […]
Business
February 16, 2022
Encore Boston Harbor the Latest to Become an REIT Property
Encore Boston Harbor is the latest gaming property to fall victim to the real estate investment trust (REIT) takeover. Wynn Resorts will sell the Massachusetts casino’s land and real property to Realty Income for $1.7 billion in cash. As is standard in REIT transactions, Wynn will continue to operate the property. Wynn Unloads Encore Real […]
Business
February 16, 2022
BetSwap and Amelco Team up for Secondary Market Engagement in US
BetSwap Limited, a fully-integrated secondary marketplace for sportsbooks, is now going to help Amelco, a sportsbook and platform provider, increase its exposure on the US market and deliver on various synergies benefiting both businesses operations in the region. Amelco is hoping to provide a higher added-value product that will enable partner operators to benefit from […]