Business
June 16, 2021
Regulators and Prosecutors Raise Charges for Insider Trading
The US Attorney’s Office in San Francisco charged a group of 6 people Tuesday with trading on inside information to earn a combined $1.7 million, Wall Street Journal reported. Infinera Quarterly Earnings Tips Authorities charged 3 of the men in federal criminal court for their involvement in the sharing of unlawful stock tips that allowed […]
Business
June 16, 2021
SPAC Deal Behind Betway to Give the Gambling Operator Greater Global Reach
Betway is on a mission. It wants to conquer the sports gambling market, and not just in a single or a limited number of jurisdictions. It seeks global domination of the market and, while the goal may be lofty, it’s on a dedicated, singularly-focused course to achieve its objective. The recently announced deal between its […]
Business
June 15, 2021
WynnBet Signed Partnership Deal with the Cincinnati Reds
WynnBet, the sports betting brand of Wynn Resorts, announced today it entered into a new partnership with a professional sports franchise in the US to continue its expansion across regulated jurisdictions. Teaming with the Reds WynnBet signed an agreement with the Cincinnati Reds from Major League Baseball (MLB) to collaborate with the franchise on marketing […]
Business
June 15, 2021
Oaktree’s Structured Facility Bid to Crown Upped to AU$3.1B
Oaktree, a private equity firm based in the US, revised its initial offer to Crown Resorts related to the purchase of shares held by Consolidated Press Holdings (CPH), the troubled casino operator announced in a filing to the Australian Securities Exchange (ASX) Tuesday. CPH Stake Buy Back In April, the investment fund offered a funding […]
Business
June 14, 2021
AretoNet Deploys Full Suite of Products for Kenyan ChesaCash
Provider of full player lifecycle analytics and marketing automation for the iGaming industry AretoNet is entering the Kenyan market after a partnership with popular online sportsbook ChesaCash. Full Suite of Products and Services Malta-based real-time business intelligence services supplier AretoNet announced today it entered into a deal with ChesaCash to provide the Kenyan online sports […]
Business
June 14, 2021
Z Capital Could Soon Merge Its Affinity Gaming and SIG
According to Bloomberg anonymous sources, Z Capital could merge two of its companies, Affinity Gaming and Sports Informaion Group LLC (SIG), but the information is not yet public. Affinity Gaming and SIG Could Soon Be “Affinity Interactive” Z Capital, a leading private investment company, could merge two of its portfolio companies, Affinity Gaming and Sports Information Group LLC […]
Business
June 14, 2021
Vegas Nightlife Gets More Colorful With Cannabis Lounges
Cannabis lounges are going to be the newest entertainment arriving in Las Vegas, Nevada soon. A new bill introduced by Assemblyman Steve Yeager proposes the establishment of licensed cannabis lounges which will allow on-site consumption of cannabis and cannabis edibles. A Bill Proposes the Creation of Licensed Cannabis Lounges Cannabis was legalized in Nevada back […]
Business
June 11, 2021
Garden Grove Police Busts Illegal Gambling, Arrests 19 People
California police made multiple arrests of people allegedly dealing with illegal gambling operations at a private home in Garden Grove. Gambling House Found while Executing Search Warrant Responding to complaints made by the surrounding community, a search warrant was executed on the evening of June 9 for a residence in the 10000 block of McMichael […]
Business
June 11, 2021
PointsBet Inks Riverboat Group Agreement to Enter Maryland
Under an exclusive agreement with Riverboat Group, PointsBet secured Maryland market entry. While regulatory approval is still pending, once PointsBet is given a green light it will launch both online and retail sports wagering. PointsBet Secures Maryland Market Entry via Riverboat Group Partnership Premier global online gaming operator, PointsBet announced on Thursday that it inked […]
Business
June 10, 2021
Sightline Acquires Leading Casino App Developer JOINGO
Financial technology company, Sightline Payments acquired JOINGO, a casino mobile app developer. The acquisition will boost Sightline’s offering while at the same time will increase the personalization of mobile marketing campaigns for its customers. Sightline Payments Takes over JOINGO Digital payments solutions provider for casinos and betting markets, Sightline Payments announced on Wednesday that it […]