Business News and Headlines
Business
October 18, 2021
Okada Manila Ready to Land on NASDAQ
Okada Manila is ready to be seen on NASDAQ. The company is launching on the exchange through a convoluted merger with a special purpose acquisition company (SPAC), 26 Capital Acquisition Corp., and, provided everything goes according to plan, the new company will have a total equity value of $2.5 billion. Okada Manila Hits NASDAQ According […]
Business
October 18, 2021
Aristocrat Confirms $3.7BN Bid to Acquire Playtech
Aristocrat Leisure Ltd. has confirmed its cash offer of around $3.7 billion to acquire Playtech Plc, a developer of content for the land-based and online gaming industries. The amount is a premium of 58% on Playtech’s last closing price on Friday at the time of the offer. Confirming the news earlier today during a presentation […]
Business
October 15, 2021
Veikkaus Reduces Workforce, Parts Ways with up to 190 Workers
Citing decreased business volumes, Finnish state-run gambling operator Veikkaus announced that it will reduce its workforce. The company said today that it will be letting go of as many as 190 employees. Veikkaus to Lay Off Employees, Change Employment for Some Workers It was back in November of last year when Veikkaus, the gambling monopoly […]
Business
October 15, 2021
SIS Unveils a Subsidiary in the United States
Racing-oriented B2B content and production services provider Sports Information Services (SIS) has launched a subsidiary in the United States of America by the name SIS Content Services. This move is a part of SIS’ intentions to reinforce a position on the American market and improve its overall global reach and follows on SIS’ recent deal […]
Business
October 14, 2021
Oddschecker Appointed Rob Painter as Chief Marketing Officer
Leading odds comparison site Oddschecker has announced that it has bolstered its ranks with the addition of Rob Painter as its new Chief Marketing Officer. Return to Online Gambling The appointment of Rob Painter as chief marketing officer (CMO) means a return of the former marketing director of Sky Betting & Gaming to the online […]
Business
October 13, 2021
Score Media and Gaming Shareholders Approved $2B Acquisition
The operator of theScore sports betting, media and technology brand, Score Media and Gaming, announced that the special meeting of the company’s shareholders approved the previously announced acquisition by Penn National Gaming (PNG). Shareholder Approval Shareholders at theScore overwhelmingly voted in favor of the proposed $2-billion cash plus stock acquisition deal through a Plan of […]
Business
October 13, 2021
Relax Gaming and Its Partners Anchor Down in the Netherlands
Relax Gaming, an aggregator and supplier of award-winning iGaming content, has announced its debut in the Netherlands. The market entry is just another step for the company towards establishing itself in the regulated European gaming landscape. Relax Gaming Launches Its iGaming Portfolio in the Netherlands Relax Gaming is not alone in its expansion into the […]
Business
October 12, 2021
SIS Investment in RACELAB Leads to the Two Companies Joining Forces
Business-to-business betting content and production services provider Sports Information Services (SIS) has made a big investment in Australia-based racing-oriented sportsbook data provider RACELAB GLOBAL. RACELAB to Provide SIS With PRO FORM and ODDS ENGINE Access Thanks to its major support, SIS will be provided with access to RACELAB GLOBAL’s tech solutions, including the ODDS ENGINE and PRO […]
Business
October 12, 2021
Playson Adds OmniSlots Partnership to Expand European Footprint
Supplier of casino software Playson announced today that it entered into a content deal with OmniSlots that would see its portfolio of games rolled out to the online casino brand operated by the Full Force Gaming Group. Slot Title Rollout The new partnership deal agreed with the leading developer of gaming content will further strengthen […]
Business
October 12, 2021
Sharp Alpha Advisors Ready to Bet on Sports Betting Startups
Sharp Alpha Advisors, a specialist in sports betting startups, venture capital, M&A and technology, announced today the final closing of its Sharp Alpha Fund I aimed to support early-stage sports betting technology suppliers. US Sports Betting Ripe for Investment The $10-million venture capital fund that has already invested into 11 sports betting startups, including Players’ […]