Business News and Headlines
Business
December 7, 2021
Sportradar and Kambi Announce 5-Year Extension of Partnership
Sportradar has been reinstated as Kambi Group’s exclusive supplier of National Hockey League, National Basketball Association, and Major League Baseball data. According to the five-year partnership extension both companies agreed upon, they will continue their long and fruitful collaboration while working on reaching the next level in data delivery and catering to the absolute benefit […]
Business
December 7, 2021
Exciting Day for Parimatch Tech as It Acquires Mr.Fish and PokerMatch
Innovative gaming and entertainment tech solutions provider Parimatch Tech has just signed two major acquisition deals. The M&A agreements will see iGaming marketing company mr.fish and the leading online poker room PokerMatch join the Parimatch family. Maksym Liashko, the joint chief executive of Parimatch Tech is happy to join forces with PokerMatch and mr.fish. He […]
Business
December 7, 2021
Neds Joins Forces With the Australian A-Leagues
Neds, the Australian sports betting brand of the international gambling company Entain, has inked a new deal with Australia’s A-Leagues. Neds Joins the A-Leagues The agreement will see the brand promoted across many venues and grant it an appearance on the digital hub “Keepup.” The deal covers the next two years and will see Neds’ […]
Business
December 7, 2021
GLPI Purchases Three Cordish Live! Assets for a Price of $1.81B
Pennsylvania-based Gaming and Leisure Properties, Inc makes a massive move as it agrees to purchase a total of three The Cordish Companies’ Live! casino assets for a price of $1.81 billion. Wall Street analysts greeted the developments as the purchase will allow Gaming and Leisure Properties to expand its portfolio. Transactions are Set to Be […]
Business
December 7, 2021
CDI Sale of TwinSpires May Already Have a Target
Last week, rumors surfaced that Churchill Downs was considering selling its TwinSpires Racing division. One market observer believes that a familiar name could make a bid. Brian Lichtor, a Roundhill Investments analyst, believes it is likely that TwinSpires will mention Fanatics as a potential suitor. He cites Fanatics’ well-known wagering ambitions. Fanatics Looks For Larger […]
Business
December 7, 2021
Maryland’s Casinos Continue to Impress in November
In November, Maryland’s casino industry contributed significant tax revenue to the state. MGM National Harbor, and Live! were the biggest cash generators. Maryland’s Casino Industry Bounces Back Maryland’s six casinos raked in $160.36 million in November betting revenue. This was an increase of 23% over the same month last year when they were operating under […]
Business
December 6, 2021
Catena Media Paused Share Buyback Program after Two Rounds
Online lead generator for the iGaming industry Catena Media announced today its share buyback program would be paused in compliance with the requirements of the Maltese Companies Act (MCA) until the holding company has new distributable profits. Share Buyback on Hold The share buyback program that allowed Catena Media to expand its stake to 3.1% after two rounds of share repurchases will now cease […]
Business
December 6, 2021
Bullpen SPAC Launches With $200M IPO and Support From Industry Veterans
Two industry veterans launched а special purpose acquisition company launched on the Nasdaq stock exchange, following a $200 million initial public offering. Industry Veterans Have Launched a SPAC The initial public offering saw the company, going by the name Bullpen Parlay Acquisition Co, sell a total of 20 million shares at a price of $10 per […]
Business
December 6, 2021
Pariplay Brings Deane Hendricks as COO at Wizard Games
Pariplay’s Wizard Games studio has tapped a new iGaming veteran who will serve as its chief operations officer. Deane Hendricks is stepping into the position to provide the Pariplay brand with all that it would need to continue expanding its footprint in the industry. Charting New Growth Strategies Just last week, Pariplay announced that it’s adding Wizard […]
Business
December 6, 2021
Craig Billings Confirmed as new Wynn Macau Boss Starting February
Wynn Macau confirmed that it will follow the US parent Wynn Resorts’ lead. It has decided to appoint Craig Billings to be the new CEO of the company once Matt Maddox leaves early next year. Billings Takes the Helm Billings will assume the role and will be redesigned from a non-executive director to an executive […]