Business News and Headlines
Business
November 12, 2021
Inspired’s Q3 Result Demonstrate Growth Across the Board
Gaming provider Inspired Entertainment has released its financial results for the third quarter of the year, revealing a steady recovery and growth. Inspired Revenues Increase Across All Its Segments The company has scored 29% more revenue than it did for the same nine-month period last year. Its earnings for the period stand at $77.6 million. […]
Business
November 11, 2021
Pariplay Continues North American Expansion, Inks BetMGM Content Deal
Pariplay continues its expansion in North America. The leading aggregator and content provider inked a content deal with BetMGM on Thursday this week. BetMGM Joins Forces with Pariplay Aspire Global’s leading aggregator and content provider, Pariplay, announced on Thursday this week that it inked an agreement with BetMGM. Under the deal, Pariplay will provide its […]
Business
November 11, 2021
Codere Shares Its Operating Results for Q3 of 2021, Shows Signs of Recovery
Codere, a Spanish gaming company, reports massive revenue growth in Q3 of 2021 and its restructuring deal through which creditors will take control is set to be finalized on November 19. The agreement on debt-for-equity was scheduled to be completed on November 5, but it was pushed back by 14 days. The Revenue of Codere […]
Business
November 11, 2021
Zeal’s Financial Info Shows Its Revenues Have Plateaued
Leading German online lottery products provider Zeal Network has recently published its revenues information for 2021, revealing that its growth has almost plateaued. Zeal’s Earnings Have Leveled Looking at the financial report, it becomes clear the first nine months of the fiscal year have earned it but a single percent increase in revenue, compared to […]
Business
November 11, 2021
Entain’s EnTrain Initiative Prioritizes Tech Development and Diversity
The international sports betting and gambling company Entain has launched a new corporate sustainability reporting directive by the name EnTrain. It aims to improve access to technology for marginalized and underrepresented communities. Impacting Over a Million People According to Entain, the CSR directive’s goal is to have a positive impact on the lives of over […]
Business
November 11, 2021
LeoVegas Q3 Results Show Strength, as Q4 Future Gets Darker
LeoVegas Group remains happy with the third-quarter results for the period ending on September 30. During that period, the company posted revenue of $114.1 million with much of the revenue boosted by the iGaming sector and casino games. The company reports that 76% of the total revenue in the quarter was generated through online casino […]
Business
November 11, 2021
Entain Boss Says BetMGM Hindered DraftKings Takeover Bid
After weeks of speculation, some clarity has been brought in to why DraftKings’ bid for Entain fell through. According to Entain CEO Jette Nygaard-Andersen, the company was unable to facilitate a final arrangement because of the joint-venture it has helped establish with MGM Resorts in the United States. BetMGM Is the Apple of Discord in […]
Business
November 11, 2021
Rush Street Interactive Improves Performance in Third Quarter
Online casino and sports betting brand Rush Street Interactive (RSI) announced its latest financial results for its third quarter ended September 30. The company is continuing to gain in the US market and has significant plans for expansion in 2022. RSI Gaining Ground According to a press release from yesterday, RSI’s third-quarter 2021 revenue was […]
Business
November 10, 2021
FuboTV to Go Global With Molotov Acquisition
Fubo Sportsbook’s ownership company, the American live sports television service FuboTV, will be expanding its range through a new deal that will see it acquire the French broadcasting service Molotov. FuboTV to Acquire Molotov for $189M The agreement is scheduled to close in the first quarter of next year. It will have FuboTV pay a […]
Business
November 10, 2021
Parleh Media Group Adds Cherniak and Grove as Investors
Digital media, content production and events company Parleh Media Group announced its pre-seed financing round has closed. The round saw sports betting industry leaders Benjie Cherniak and Chris Grove join the group as investors. Business Continues to Grow Exponentially Parleh Media Group, creators of The Parleh and Parleh TV sources of engaging sports betting news […]