Business
July 21, 2021
Andrew Bentley Appointed COO at Gauselmann’s Betting Division
Andrew Bentley is joining Guaselmann’s betting division, Merkur Sportwetten, from House of Edge Consultancy, where he spent the last two years serving as managing director while also consulting Gauselmann’s sports betting business since October 2020. In his new position as a chief operating officer (COO), Bentley will spearhead growth in the division’s online betting vertical. […]
Business
July 21, 2021
Evolution Posted Exceptional Second Quarter and H1 Growth
Gambling technology supplier Evolution released today an interim first half-year update, posting more than double operating profits as the industry continues to accelerate. Second Quarter Summary The company revealed revenues in the second quarter of 2021 reached €256.7 million ($320 million), an increase of 100% from the €128.3 million ($151 million) posted in the respective […]
Business
July 21, 2021
Gibraltar Raises Corporation Tax to 12.5% to Soften Final Move
Gibraltar, one of more than a hundred nations that approved the global tax agreement to implement a minimum corporation tax rate, became the first to act upon its commitment by introducing an interim tax level. Reaching Minimum Tax Level in Two Steps Signaling the upcoming change in its taxation policy, Gibraltar is raising corporation tax […]
Business
July 21, 2021
Tabcorp Won’t Resist If Credit Cards for Online Gambling Are Banned
Australia’s biggest gambling company, Tabcorp, states that it will not oppose a ban on credit cards as a payment method in Australia. The company also added that this will not present a problem, as long as lottery tickets can still be sold by local newsagents. Speaking on the latest developments, including COVID-19, Tabcorp stated that […]
Business
July 21, 2021
Scientific Games and Playtech to Conquer the iGaming Industry
Scientific Games and Playtech forge an international distribution agreement aiming to explore new market opportunities. Scientific Games Partners with Playtech Scientific Games (SG), the giant gaming technology provider, and European gaming company Playtech have signed a new agreement, paving their way to capitalize off each other in different regions worldwide. Under the deal, Playtech’s software […]
Business
July 21, 2021
Luckbox Replaces EveryMatrix’s Sports Platform with Aspire Global
Aspire Global will help Luckbox expand its sports, online casino, and esports offer as it helps the operator transition to the BtoBet platform. Aspire Global Steps in to Help Power Luckbox’s Offer Luckbox continues to spurt its growth by a strategic overhaul of its core operating systems aided by Aspire Global, a leading technology provider for the […]
Business
July 20, 2021
Crown Melbourne Faces Possible License Suspension in Victoria
Crown Resorts may face another massive setback in Australia. The counsel assisting the Royal Commission in Victoria in its investigation of the casino operator thinks it shouldn’t retain its license due to the fact that it breached the Casino Control Act of Victoria. Barrister Adrian Finanzio SC has stated that Crown may not be worthy of […]
Business
July 19, 2021
Entain Set to Raise $1.125bn for M&A via New USD Loan
Global sports betting and gaming group Entain Plc announced it successfully priced and allocated a First Lien Term Loan B denominated in US dollars to the amount of $1.125 billion and with a maturity date of March 29, 2027. New USD Loan Entain explained that borrowers of the New Loan, which achieved favorable pricing of […]
Business
July 19, 2021
Las Vegas between a Rock and a Hard Place As COVID-19 Returns
Cue the Jaws theme and the voiceover. Just when you thought it was safe to go back in the water, the threat returns. COVID-19 is trying to stage a comeback, even as more people are being vaccinated. As health officials try to figure out where Big Pharma went wrong, regions dependent on travel could consider […]
Business
July 16, 2021
fuboTV Agrees PA Market Access with The Cordish Companies
A subsidiary of a live sports TV streaming platform and a casino operator joined forces to offer sports bettors in Pennsylvania another sportsbook option. Market Access Agreement Fubo Gaming and the owner and operator of Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh gaming properties, The Cordish Companies, announced today a market access agreement […]