Business News and Headlines
Business
June 2, 2021
Kambi Expands Latin American Footprint via Olimpo.bet Deal
Sports betting technology supplier Kambi Group announced today it signed an agreement with a newly developed sports betting brand in Latin America to provide its technology and services. The new agreement is backed by a private equity firm. Entering Another Latin American Market The Malta-based sports betting tech group teamed with NG Gaming for the […]
Business
June 1, 2021
Bally’s Corporation Completed $125M Bet.Works Acquisition
Land-based casino operator and interactive entertainment provider Bally’s Corporation announced today its acquisition of gaming technology supplier Bet.Works completed. “Completing our acquisition of Bet.Works represents a significant milestone for Bally’s as we continue to embark on our long-term growth and diversification strategy.” Soo Kim, Chairman, Board of Directors, Bally’s Corporation Bet.Works’ Technology Stack and Turnkey […]
Business
June 1, 2021
Jesse Cary Joins Strive Gaming as New CTO
Jesse Cary, who was recently the vice president of strategy at High 5 Games and Interim CTO at Avantage Entertainment, has joined Strive Gaming as its chief technology officer. Top Strategy and iGaming Platform Expert Joins Strive Gaming Jesse Cary, a visionary strategist and leading player platform technology, has joined Strive Gaming, becoming its new CTO. […]
Business
June 1, 2021
LSports Hires Javier Laczo to Boost LatAm and Iberia Presence
Javier Manceñido Laczo, a professional with more than 20 years of experience within the gaming industry is now a part of LSports, the leading provider of high-quality live sports data feeds. The appointment comes at a time when the company is continuously growing its presence in the LatAm and Iberia regions. LSports Appoints Javier Laczo […]
Business
June 1, 2021
Casinos, Hotels in Las Vegas Scale up Operations, Hire Employees
The gambling and hospitality industry is starting to recover after the difficulties brought by the pandemic last year. With more restrictions gradually being lifted, operators are scaling up business and hiring employees to meet the growing demand. Las Vegas on Its Way to Economic Recovery Last year, the gambling and hospitality industry in Nevada felt […]
Business
June 1, 2021
Entain Puts Pressure on Tabcorp to Make a Deal, but a New Wrinkle Emerges via FOX Bet
Should Tabcorp decide to spin off its gaming and lottery units into stand-alone companies, it’s going to fail. That’s the message Entain has sent to the company in an effort to convince Tabcorp decision-makers to accept its offer to acquire the units. Australia-based Tabcorp has had difficulty shoring up its gaming operations lately, which led […]
Business
May 31, 2021
Wynn Resorts President Billings Named Wynn Interactive CFO
US gaming and hospitality operator Wynn Resorts announced in a filing issued on Friday its president Craig Billings stepped down from the position effective May 24, 2021. Billings remained on his other role, the chief financial officer of the company, though. Internal Shift Craig Billings was appointed as Chief Financial Officer at the online gaming […]
Business
May 31, 2021
BetMGM Partners up with NYRA Bets LLC
BetMGM, a leading sports betting provider, and NYRA Bets, a leading horse racing content provider, have announced their official one-of-a-kind partnership. BetMGM Partners up with NYRA Bets to Use Its App On Friday, BetMGM, a leading sportsbook company, announced its partnership with NYRA Bets LLC, a leading horse racing content provider and the official online advanced deposit […]
Business
May 28, 2021
The Battle for Tabcorp heats up as BetMakers Decides to Join in the Race
Tabcorp has suddenly become very popular in Australia, but not with gamblers. The company has fallen on hard times because of COVID-19 and Apollo Global Management and Entain had started a bidding war to try to convince it to sell its gaming assets. A third company has now joined as BetMakers Technology Group Ltd has […]
Business
May 28, 2021
Penn National Returns to Maryland Ahead of Sports Gambling Launch in the State
Penn National Gaming can now brag about having a domestic US footprint that spans 20 jurisdictions. The casino operator has been negotiating the purchase of Maryland’s Hollywood Casino Perryville from Gaming and Leisure Properties (GLPI) since late last year and received word yesterday that the deal had been approved. The Maryland Lottery and Gaming Control […]