Business News and Headlines
Business
December 6, 2021
Seminole Sports Betting App Goes Dark as Tribe Fights the Government
The Seminole Tribe of Florida on Saturday ended digital sports betting via its Hard Rock Digital platform. This was less than 24 hours after an appellate court denied the tribe’s appeal for a stay. After the Seminoles launched their sportsbook app in November, this was the third consecutive time that a federal court ruled against […]
Business
December 6, 2021
Tombola to Make Dutch Affiliates Pay for Compliance Check
One online gaming company wants to ensure that it doesn’t have to pay for the actions of its affiliates as the Netherlands develops its online gaming market. Tombola will require affiliates to complete a compliance review. Forced Compliance Reviews Flutter Entertainment recently acquired Tombola, an online bingo site. All affiliates must undergo a compliance inspection […]
Business
December 3, 2021
Churchill Downs Inc. May Sell Sports Wagering Platform TwinSpires
Churchill Downs Incorporated is currently contemplating the idea of selling TwinSpires Racing, according to knowledgeable sources who have chosen to remain anonymous, says Bloomberg. The information has not yet been shared with the public. According to the report, if the deal goes through, the company would cash in $1.5 billion. Churchill Downs Inc. owns and […]
Business
December 3, 2021
Golden Nugget Owner’s Attempt to Break SPAC Agreement Falls Flat
FAST Acquisition is a blank-check business that agreed to merge with Tilman Fertitta’s Fertitta Entertainment in February. However, the Texas billionaire and owner of the Golden Nugget casino brand is trying to break that deal. This could be the beginning of a legal dispute. Fertitta Balks at SPAC In February, the parent companies of the […]
Business
December 3, 2021
Maryland’s Sports Betting Market Could Add New Options This Month
Five Maryland casinos are closer to launching retail sports betting. According to the Maryland Lottery and Gaming Control Commission (MLGCC), the regulator is planning to conduct soft launches at the properties. All five were granted licenses by the Sports Wagering Application Review Commission (SWARC) on November 18. Maryland Making Progress With Sports Betting It took […]
Business
December 2, 2021
GAN Launches Ainsworth Products at TwinSpires through SuperRGS
GAN Limited has revealed that it has completed the Ainsworth Game Technology Limited online gaming content to Churchill Downs Incorporated’s TwinSpires, through its dedicated SuperRGS aggregation platform. GAN follows up on an earlier agreement with Ainsworth to obtain exclusive online rights over the latter’s online games. GAN’s acquisition of Ainsworth was motivated by the former’s desire to expand in the US […]
Business
December 2, 2021
PrizePicks Closes Another Strategic Funding Round, Sees New Investors Join
PrizePicks is a Single Player Fantasy (SPF) pioneering operator in North America. Over the last 12 months, the company has seen incredible growth, considering that from November 2020 through November 2021, the company’s gross gaming revenue and active member base have increased ten times. Moreover, PrizePicks hit an important achievement of paying out more than […]
Business
December 2, 2021
Aristocrat Acquisition of Playtech Still on Course to Complete in Q2, 2022
Australian gaming manufacturer Aristocrat Leisure Ltd. is closer to the acquisition of Playtech plc. Playtech has confirmed that the sale of its financial division, Finalto, will proceed as intended after shareholders gave their approval on Wednesday. The company is divesting the division to Gopher as it prepares to be acquired by Aristocrat. Finalto Sale Paves […]
Business
December 2, 2021
MGM Could Consider New Vegas Strip Property
MGM Resorts International could add a second resort-casino to the south end of the Las Vegas Strip. They are also working on a strategy that will attract more regional customers to Las Vegas. MGM chief financial officer Jonathan Halkyard spoke Wednesday to investors at Morgan Stanley’s Virtual Global Consumer & Retail Conference, where he made […]
Business
December 1, 2021
Sportradar Becomes PointsBet’s US Data Supplier of Choice
Global supplier of sports betting data and integrity monitoring technology, Sportradar, announced it entered into a multi-year supplier deal with premier online sports betting and gaming operator PointsBet. US Supplier of Choice The deal between Sportradar and PointsBet established the Swiss-based technology company as the US supplier of choice for data from the MLB, NBA, […]