Business News and Headlines
Business
October 5, 2021
A $70-Million Golf Center Next to the STRAT Coming in 2023
The Las Vegas boulevard is receiving an upgrade as a golf attraction named ‘Atomic Range’ will open up right beside the STRAT casino resort. This attraction costs $70 million, has four stories and will occupy a space of seven acres. STRAT Hotel, Casino & SkyPod owner, Golden Entertainment, announced the news Monday and stated that […]
Business
October 5, 2021
Patrick Jonker Resigns as William Hill’s International MD
Patrick Jonker has chosen not to serve as William Hill’s International Managing Director, as confirmed by the betting company. The departure of Jonker is on mutual terms, and the move is timed closely to William Hill’s anticipated merger with 888 Holdings. The near $3-billion deal (£2.2 billion) was agreed to last month by 888 and […]
Business
October 4, 2021
Pariplay and AGT Join Forces for Latin American Expansion
A leading aggregator and game content provider added another high-profile operator partner to further boost its platform’s content offering while helping its new partner expand its presence in the Latin American region. ‘Successful and Innovative Partnership’ Pariplay, Aspire Global’s aggregation iGaming platform, signed a content distribution deal with Ainsworth Game Technology (AGT) to distribute its […]
Business
October 4, 2021
Interim Leader Amy Howe Is the New CEO of FanDuel and Replaces Matt King
Flutter Entertainment decides to stick inside the family as it appoints Amy Howe as the new CEO of FanDuel. The London-listed company has announced Howe’s appointment as permanent CEO of FanDuel in the early hours of Monday in the UK. After the news of the Howe’s climb up the ladder broke out, the stocks of […]
Business
October 4, 2021
Codere Online Posted 43% Rise in Q2 2021 Gaming Revenue
The online gambling subsidiary of Spanish-based Codere Group released its second quarter earnings report today, posting double-digit growth in revenue year-over-year. Stable Growth Path Codere Online revealed that, in the three months ended June 30, 2021, the business generated €21 million ($24.4 million) in net gaming revenue, up 43% on €14.7 million ($17.1 million) in […]
Business
October 4, 2021
Social Sports Betting in the US Advances as Low6 Makes Adds New Option
The idea of social sports betting is relatively new in the US, but is catching on. From the outside looking in, sports betting has been viewed by many as an activity that only dedicated gamblers can participate in, but social sports betting looks to alter that perception. The newest operator to launch in the US […]
Business
October 1, 2021
AMC Introduced Sports Feed-Related Slot Machine Bonus
A company synonymous with groundbreaking casino technology, Acres Manufacturing Company (AMC), announced a new slot machine bonus powered by its casino management system. Entice Sports Fans Leading casino loyalty and technology expert AMC introduced the PayAction Sports Bonus that will allow any slot machine connected to its Foundation casino management system to award players with […]
Business
October 1, 2021
Bally’s Corporation Finalizes Merger with Gamesys Group
Earlier this year, Bally’s and Gamesys negotiated the terms of their $2.7 billion merger. Under the deal, Bally’s agreed to pay approximately $2.7 billion to Gamesys, which is approximately $25 per company share. Now, the companies have announced that the merger was completed following court approval. Bally’s and Gamesys Group Finalize $2.7 Billion Merger A […]
Business
October 1, 2021
Betcris to Offer Alternative Payment Methods Through SafetyPay
Alternative payment solutions provider SafetyPay has signed a partnership deal with LATAM-based online sports betting company Betcris. Through the partnership, Betcris bettors will be able to use alternative payment methods to make deposits. These will include both online and cash payments that can be made through collection points and banks. Providing Alternative Payment Methods to […]
Business
October 1, 2021
Esports Technologies Acquires Aspire Global’s B2C Business
Esports Technologies, a global provider of esports wagering products and technology, has entered into a definitive agreement with Aspire Global to acquire the latter’s B2C business for $75.9 million. Acquisition Pending Receipt of Financing Esports Technologies has agreed to pay $58.3 million in cash, $11.7 million in a promissory note and around $5.9 million in […]