Business News and Headlines
Business
January 18, 2022
Genius Sports and Bet365 Expand Their Pre-Existing Deal
The sports data and technology company Genius Sports has agreed to expand its pre-existing partnership with the British online gambling company bet365. Genius Sports to Provide More Data to Bet365 The expanded deal will see Genius Sports power bet365 with an expanded streaming solution that will provide diverse new content. Furthermore, the provider will also […]
Business
January 18, 2022
PressEnter Makes Strategic Hire for LatAm Expansion
Pushing to make a memorable entrance in the quick-evolving LatAm market, PressEnter has made a strategic move by adding former Betsson executive David Plumi to the team. Responsible for operating some of the most successful virtual casino brands on the planet, the Group didn’t want to leave its important LatAm launch to the hands of […]
Business
January 18, 2022
Rivalry Adds Liam Doherty to Lead Marketing Efforts in 2022
Esports betting agency Rivalry continues to grow its international footprint. As this happens, the company is hiring new people to assist it with what is shaping up to be a busy year ahead. The latest addition is Liam Doherty, who will step in as VP of marketing. Marketing to Play Key Role in 2022 Doherty will spearhead Rivalry’s […]
Business
January 18, 2022
NeoGames Plans to Purchase Aspire Global for $480M
NeoGames, a leading end-to-end iLottery provider, has announced that it made an offer to purchase 100% of Aspire Global’s shares. The current offer is $480 million. A statement by both companies reveals that the price per share is $38.01, the equivalent of SEK111. The Purchase to Complete in Cash and Equity The current offer by […]
Business
January 18, 2022
Mass-Market Gaming the Big Winner in Macau in 4Q2021
Mass gaming is going to be the big driver of gross gaming revenue (GGR) in Macau. This trend already began last year and will become more pronounced as junkets continue to lose their spot. The last quarter of 2021 saw how important the mass-market gaming segment was for the city’s GGR, blowing away the VIP […]
Business
January 18, 2022
Genting Hong Kong Waves the White Flag, Files for Bankruptcy Protection
Genting Hong Kong has been denied its only hope. The company, a division of Genting Group, was ruled out by a German court as the cruise operator sought funding from the State of Mecklenburg Vorpommern in the amount of $88 million. Now, the company is being forced to file for bankruptcy protection. Genting Hong Kong […]
Business
January 17, 2022
William Hill Signed Content Deal with Real Dealer Studios
William Hill has been offering its players a taste of a new online casino experience since January 6, 2022, after the first of five popular titles from Real Dealer Studios launched with the gaming group. Quality Content and Immersive Gameplay The first title under the partnership deal between William Hill and Real Dealer Studios is […]
Business
January 17, 2022
Gila River Hotels & Casino Rebrands Itself as Wild Horse Expansion Rolls On
Arizona-based casino operator Gila River Hotels & Casinos is going through a transition. The casino industry is becoming more competitive in the state, and it wants to keep up. Gila River will host a celebration weekend at Wild Horse Pass this month to celebrate the $180-million expansion of the Wild Horse Pass and the opening […]
Business
January 17, 2022
Churchill Downs Solidifies Murr’s Position as President of TwinSpires
With sports betting still gaining ground in the US, Churchill Downs Inc. (CDI) isn’t going to leave anything to chance. The company announced last Friday that Ben Murr was named President of TwinSpires and Online Gaming, losing the “interim” tag that had been part of his title. He will be responsible to oversee the operations […]
Business
January 17, 2022
Mississippi Casino Workers Accused of COVID-19 Fraud, Must Return Benefits
Some South Mississippi casino workers recently received a letter from the Mississippi Department of Employment Security (MDES) they weren’t expecting. It told them that they have to repay certain state unemployment benefits received during the COVID-19 pandemic. At the same time, the MDES accused them of fraud. Mississippi Goes After Casino Workers All 12 Coast […]