Business News and Headlines
Business
October 8, 2021
Low6 Signs a New European Tour App Release
Low6 and the European Tour have released a new app called European Picks. In it, players have a chance to win up to £4,000 ($5,400) in total, or £1,000 ($1,300) each day of the now-ongoing ACCIONA Open de España as part of a free-to-play contest. Users are tasked with answering a series of questions, including […]
Business
October 7, 2021
Nuvei Doubles US Public Listing Offer
Nuvei Corporation has increased its US public listing offer to three million subordinate shares. These shares will be traded on one of the world’s most renowned exchanges, NASDAQ. The payments group, which is based in Montreal, originally intended to place a total of 1.5 million subordinated shares on October 4, which would serve as its […]
Business
October 7, 2021
Bettor Capital Announced Initial Fund Closing, Raised $50M
A new venture focused on online gaming opportunities, Bettor Capital, announced the closing of its first fund, raising more than $50 million in investor money. Initial Fund Closing The funds will go towards early-stage opportunities in software and technology related to online gambling markets, including sports betting, horse racing, fantasy sport, online casino and poker […]
Business
October 6, 2021
Fulham Signs Another Sponsorship Deal with a Betting Company
Fulham FC signed a sponsorship deal with Asiabet33 as an official Asian betting partner for the current 2021/2022 season as Fulham competes in the Championship. The gaming provider was established in 2017, and it reaches Malaysia, Singapore, Thailand, Indonesia, and Japan, while also strategizing future expansions in other Asian destinations. The company is also considered […]
Business
October 6, 2021
Bloomberry Demands Documents That Could Confirm GGAM’s Alleged Frauds
Bloomberry Resorts, the Philippine gambling operator, has requested a federal judge to order a gaming company from the US to show documents that confirmed its alleged frauds. Global Gaming Asset Management (GGAM) has sued Bloomberry after what a Singapore arbitrary panel has labelled a wrongfully terminated contract with the Las Vegas-based company back in 2016. […]
Business
October 6, 2021
LeoVegas Approved to Start Bond Trading on Nasdaq Stockholm
Online gambling operator LeoVegas AB announced it successfully applied to list its bonds on the Nasdaq Stockholm corporate bond list and around October 7 the debt instruments will commence trading. LeoVegas Bond Trading LeoVegas revealed in a press release that the Swedish Financial Supervisory Authority signed the listing prospectus the gambling group prepared to apply […]
Business
October 6, 2021
PH Resorts Rethinks CFZ Casino Plans as Philippines Continue to Fight COVID-19
The Clark Freeport Zone (CFZ) in the Philippine province of Pampanga is meant to be a massive hub of commercial activity, an attempt to bring additional income to the area. Casinos are a significant part of it, but one company has decided to take a step back and rethink its CFZ strategy. PH Resorts Group, […]
Business
October 6, 2021
AstroPay Inks a Partnership with Sri Lanka’s Cricket Team
Global virtual payment solutions provider AstroPay has announced a partnership with the T20 cricket team of Sri Lanka. This marks AstroPay’s expansion into the world of professional cricket. AstroPay Enters Professional Cricket The agreement deal will see the Sri Lankan team put AstroPay’s logo on the leading arm sleeve of the athletes’ jerseys, as well as on the front […]
Business
October 6, 2021
Louisiana’s Sports Betting Market Ready for Live Action Today
The launch of sports betting in Louisiana met a couple of unexpected hurdles that slowed its progress, but only for a short time. The Pelican State has been anxious to get its market up and running and, even though it missed the very beginning of the NFL season, the day has finally arrived. The first […]
Business
October 5, 2021
Better Collective to Keep Talent with $12M Incentive Plan
Better Collective, a leading sports betting media group and developer of iGaming educational platforms, announced a new management incentive plan that will see management personnel and certain key employees in Action Network being awarded if they stay with the company. Rewarding Employee Loyalty Designed by the Remuneration Committee and approved by the Board, the new […]