Business News and Headlines
Business
September 3, 2021
IGT’s PlaySports to Power Oneida Sportsbook in Wisconsin
Global supplier of gaming solutions International Game Technology (IGT) announced that it entered into an agreement with the Oneida Nation to power its sportsbook at Oneida Casino in Green Bay, Wisconsin. PlaySports Expands into Wisconsin The agreement with the Oneida Nation that will allow IGT’s PlaySport retail and mobile sports betting platform to expand its […]
Business
September 2, 2021
Stats Perform and 365Scores Extend Partnership by Five Years
Stats Perform, and 365Scores have signed a five-year partnership that will see Stats Perform continue to power the latter’s live scores tracking mobile app. The app offers a variety of metrics, including premium-level sports data, game tracking and player stats, and provides frequent updates in real-time across a range of sports, including football, soccer, rugby, tennis, basketball, […]
Business
September 2, 2021
Reworks Joins Playtika in a $600M Acquisition Agreement
In a rather curious business decision at first glance, Israel-based digital entertainment company Playtika announced this Monday that it is acquiring the owner of the home design game Redecor – the Finnish company Reworks. Playtika’s Eighth Acquisition Deal The deal envisions Playtika paying $400 million upfront for 80% of Reworks and an additional of up to $200 million based on the target’s […]
Business
September 2, 2021
Playmaker Capital Improves Its Technology Services by Acquiring Two-Up
Playmaker Capital, a Toronto-based company, has purchased global gaming brand Two-Up. The goal of this acquisition is to leverage the company that specializes in digital media sports and, thus, strengthen its technology services. This purchase comes shortly after Playmaker decided to go public. With this acquisition, a team of 24 experts in technology and sales […]
Business
September 1, 2021
888 Holdings’ Interim Report Revealed Record Profit in H1 2021
888 Holdings, an online gaming group based in Gibraltar and traded on the London Stock Exchange (LSE), released today its interim 2021 earnings report posting record profit for the first half of the year. Revenue Overview 888 Holdings registered, for the six months ending June 30, 2021, revenue of $528.4 million, an increase of 39.4% […]
Business
September 1, 2021
Amelco Inks Partnership with Prizeout, Boosts US Customers’ Winnings
Prizeout and Amelco inked a new strategic partnership. The deal will see Amelco customers use Prizeout’s innovative withdrawal platform that boosts player engagement and winnings. Amelco and Prizeout Ink Key Partnership for the US Market Leading sports betting software and trading services provider Amelco announced today that it inked a new partnership with Prizeout, an […]
Business
August 31, 2021
South Lake Tahoe Casinos Partially Halt Due to Caldor Fire
South Lake Tahoe casinos have started to close down their gaming operations as the Caldor Fire gets worse. South Lake Tahoe Operators Partially Close Operations As of Monday, South Lake Tahoe operators of four big casinos have begun closing parts of their gaming operations after fire officials in California have ordered evacuations of residents up […]
Business
August 31, 2021
Illegal Gambling Ads Get TopSport a $43,800 Fine
Australian Merlehan Bookmaking-owned gambling operator TopSport has been caught advertising in violation with the local rules on adverts. As a result, the local regulatory body Liquor and Gaming New South Wales has charged TopSport with a $43,800 fine (AUD$60,000). Breaking the Rules on Gambling Commercials TopSport’s exact transgression breaches section 33H (1) of New South […]
Business
August 31, 2021
Wynn Resorts Brings in Ben Affleck, Shaq to Promote Sports Betting App
Wynn Resorts Ltd. is looking to make a huge impact on this football season as the company will spend upwards of $100 million advertising its new sportsbook app. This is yet another example of how online wagering is shaping the gambling industry. On Monday, Wynn Resorts debuted a new TV ad in which two celebrities […]
Business
August 30, 2021
Caesars Entertainment Holds 24.5% Stake at NeoGames
A Schedule 13G filing with the Securities and Exchange Commission (SEC) revealed Caesars Entertainment acquired a significant stake in iLottery provider NeoGames. Stake in NeoGames The SEC filing revealed that Friday, Caesars acquired 6.12 million shares of the Israeli company as part of the multi-billion acquisition of William Hill, having a 24.5% stake in NeoGames’ […]