Business
June 23, 2021
Entain Teams up With Verizon to Create Immersive VR Gambling Room
International sports betting and gambling company Entain plans to venture into the world of virtual reality. The company reported that it is working on an immersive sports betting experience that will implement VR. It is planned to release later in 2021. An Ambitious Project Supported By Verizon Media Entain’s ambitious and novel idea will be made […]
Business
June 23, 2021
Sporttrade Raised $36M to Boost Sports Betting Exchange Operation
Sports betting operator Sporttrade announced it raised $36 million in funding from private investors from the financial services and gaming sectors to strengthen its position in the US. Attracting Investor Interest The Philadelphia-based fintech company received funding from Jump Capital, Impression Ventures, Hudson River Trading, and Tower Research Ventures, as well as from former CEO […]
Business
June 22, 2021
Leadstar Media Ready to Expand US Operations to Colorado
Leadstar Media, a sports betting and iGaming affiliate company, announced today it gained market access to another US gaming jurisdiction after being granted a Vendor Minor sports betting license in Colorado. Affiliate Services to Active Operators The license granted to Leadstar Media by the Colorado Division of Gaming marked the 6th state in which the […]
Business
June 22, 2021
Bally’s Enters Kansas Via Boot Hill Casino & Resort
The multi-year partnership with Boot Hill Casino & Resort opens the way of the gaming company to its 14th state. Bally’s to Attract Customers from Nearby States Too US iGaming company Bally’s Corporation has inked a multi-year partnership with Boot Hill Casino & Resort, located in Dodge City, Kansas. The deal brings the betting operator […]
Business
June 21, 2021
Intralot Completes Sale of Intralot do Brazil’s 80% Stake to Saga
Intralot SA, a global lottery and sports betting products and technology supplier headquartered in Greece, announced the completion of the deal for the sale of its stake in Intralot do Brazil. Second Latin American Business Sale The deal, which was initially announced in May after Saga, the only other shareholder in the Brazilian business, agreed […]
Business
June 21, 2021
BoyleSports Joins the Mix of William Hill’s Retail Shops Buyers
The upcoming gambling industry regulatory overhaul in the UK expected after the completion of the ongoing 2005 Gambling Act review does not seem to worry operators much, after another one, BoyleSports, appears willing to expand via the acquisition of William Hill’s retail shops. “BoyleSports would certainly be interested in acquiring some or all of William […]
Business
June 21, 2021
MGM Injects $500m to Upgrade Yonkers Raceway
Out with the old, in with the new is becoming fashionable in a post-COVID-19 environment, especially in the gambling ecosystem. A number of casino operators are breathing new life into their old properties as they emerge from the coronavirus destruction, hoping that fresh fixtures and amenities will quickly attract the crowds. New York’s Yonkers Raceway […]
Business
June 18, 2021
Goldman Sachs: “We Do Not Recommend Cryptocurrencies as Asset Class”
Skepticism reigns supreme towards crypto in Goldman Sachs midst after a new report suggested that cryptocurrencies are speculative and not an asset class. Goldman Sachs Cautions Investors about Crypto If Goldman Sachs treats Bitcoin as flower petals in the classic game of chance “He Loves Me, He Loves Me Not,” the investment bank will soon […]
Business
June 17, 2021
BetMakers Requested ASX Suspend Its Stock Trading until Monday
A halt in trading of BetMakers Technology Group shares implemented by the Australian Securities Exchange (ASX) today is fueling rumors the tech company’s bid to acquire Tabcorp’s media and sports wagering units could be successful. Halt in Stock Trading According to the information provided by the ASX the suspension in trading of BetMakers shares was […]
Business
June 17, 2021
New Jersey Gaming Revenue Increases in May, Says Report
A new report released by the gaming regulator in New Jersey reveals that gaming revenue in May reached $374.2 million. This represents an increase of 290.4% when compared to the same period last year. NJ Regulator Reveals Gaming Revenue Report for May 2021 A new report released by the Division of Gaming Enforcement in New […]