Business
November 22, 2021
RSI’s RushBet Named LaLiga Exclusive Betting Partner in Colombia
A sports betting brand operated by Rush Street Interactive (RSI) in Colombia signed a partnership deal with the Spanish top-flight soccer league to become its exclusive wagering partner in the Latin American country. Exclusive Wagering Partner RushBet teamed up with LaLiga in a multi-faceted deal that will enable the sportsbook to co-brand with LaLiga’s two […]
Business
November 22, 2021
FanDuel Builds up on Genius Sports Partnership with NFL Data Feeds
FanDuel and Genius Sports will continue to deepen their ties and joint operations by now leveraging NFL sports data and exploring fan engagement opportunities. Genius Sports will provide FanDuel with a variety of media assets and NFL advertising solutions to help the latter boost its standings with football fans. FanDuel will also appoint Genius Sports as its programmatic […]
Business
November 22, 2021
Parimatch Taps Dmitry Sergeev to Help Russian Division, Lead Eastern European Pivot
Parimatch Russia is expanding its clout in Eastern Europe with the hire of Dmitry Sergeev who will lead the company’s pivot in the region. Specifics as to what will happen in Eastern Europe will be disclosed next year, while the company adjusts several corporate cogwheels in the coming weeks. Sergeev was previously chief executive officer […]
Business
November 22, 2021
Entain Makes a $1B Move for Olympic Entertainment Group
Entain is looking to consolidate its European footprint, bidding the eye-watering $1 billion to acquire Olympic Entertainment Group, an Estonian-based gambling firm with a substantial footprint in the Baltic markets. The news was reported by Front Sports Office and Bloomberg, citing sources close to the matter. The deal is precious to Entain as Olympic has ties with […]
Business
November 22, 2021
Codere Shareholders Take Control of the Gaming Company
The April debt-for-equity agreement at Codere that sees the business transfer to Codere New Topco SA has been completed. A holding company in which bondholders hold a 95% share, Codere New Topco SA is now the new owner. Although the previous owners retained a 5% interest, they can receive up to 15% from any potential […]
Business
November 22, 2021
Gopher Walks Away From Potential Playtech Acquisition
Gopher Investments has pulled its offer to buy London-listed gaming company Playtech from Gopher Investments in the wake Eddie Jordan-led €3.56-billion ($4.01 billion) entrance into the competition. Gopher, based in Hong Kong owns 4.97% of Playtech and is already looking to buy its Finalto financial trading section. This deal should be completed in the first […]
Business
November 19, 2021
“Get Ready to Rumble” With Betfred’s Latest UK Advertising Campaign
The new nationwide marketing campaign by BetFred called “Let’s Get Ready to Rumble” will debut hits weekend on Sky Sports and BT channels. This headline campaign by the bookmaker from Manchester will welcome sports fans in the UK to stadiums and what’s even more entertaining is that it will feature the legendary boxing ring-announcer Michael […]
Business
November 19, 2021
iBET’s Launch Brings Sports Betting and Gaming to Wall Street
Inherent Wealth Fund, a registered investment adviser focused on thematic and sector-specific investing, announced the launch of the first and only actively managed sports betting and gaming exchange-traded fund (ETF). First Managed Sports Betting and Gaming ETF iBET Sports Betting & Gaming ETF, an ETF designed to appeal specifically to the next generation of investors, […]
Business
November 19, 2021
Gambling.com Posts Robust Results in Q3 2021
Gambling.com Group Limited has reported a robust performance for the third quarter of the year, with the group’s results bolstered by a commitment to organic growth and methodically building up its footprint in the online gambling industry and shored up by the return of the sports season in the US. Return of Sports Bolsters Gambling.com’s […]
Business
November 19, 2021
Blackstone Makes a Second Pass to Purchase Crown Resorts
The Blackstone Group, an American private equity firm, has made a new bid to purchase all shares in Australia’s Crown Resorts. Crown issued a statement early Friday stating that Crown’s latest bid was valued at AU$8.5 billion ($6.2 billion), and Blackstone offered AU$12.50 per share – in cash – in a scheme of arrangement. Blackstone […]