Business
May 27, 2021
Evolution Sees Online Gambling Expansion to Continue
Supplier of gambling technology Evolution was the focus of a comprehensive report published by Reuters, claiming online casinos represent the future and will gradually eat up market share from land-based gaming facilities. Fast Growth Will Continue Evolution management strongly believes the rapid expansion of the online gaming segment spurred by lockdowns was not a one-off […]
Business
May 27, 2021
Boyd Gaming Looks to Attract $900M through Bond Sale
Boyd Gaming is coming off an eventful year, as are most casino operators around the world. The company has had its ups and downs due to COVID-19 and had previously announced that it was going to offer new bonds in order to raise $750 million. It has now upped its offer and is looking to […]
Business
May 27, 2021
Betsperts Acquires Fantasy Life to Create Fans Go-To Place
Social media sports betting platform Betsperts continued to expand its digital footprint with the acquisition of a platform dedicated to delivering breaking news and updates to sports bettors and daily fantasy sports players. “The future of sports betting is stronger social connectivity between bettors and we are leading the way in building the destinations for […]
Business
May 26, 2021
SG to Boost Sports Technology Offering via SportCast Acquisition
Scientific Games announced today that it acquired SportCast. The acquisition brings SportCast’s innovative BetBuilder product to Scientific Games. With the help of the unique instant-pricing feature, the company will boost its global presence, services, and content. Scientific Games Acquires BetBuilder Creator SportCast Leading gambling product supplier, Scientific Games Corporation announced today that it acquired SportCast. […]
Business
May 26, 2021
BC’s Restart Plan May Reopen Nightclubs and Casinos in July
Shut since last year due to the ongoing COVID-19 pandemic, nightclubs, and casinos in British Columbia may soon reopen. A new restart plan rolls out on July 1 and if the COVID-related hospitalizations are low and more people are vaccinated, more restrictions may be lifted. Casinos and Nightclubs in British Columbia Remain Closed for the […]
Business
May 26, 2021
Esports Entertainment Group Acquires Bethard
Esports Entertainment Group has announced its acquisition of Bethard, a Swedish sportsbook leader, operating brand by Bethard Group Limited. Esports Entertainment Group Will Pay $19 Million in Cash Esports Entertainment Group (EEG) has announced that it will acquire Bethard, a fast-growing iGaming and sportsbook operator, operating under Bethard Group Limited, which generated $31 million in […]
Business
May 25, 2021
FanDuel Became Associated Press’ Exclusive Odds Provider
Daily fantasy sport (DFS) and sportsbook operator FanDuel announced an agreement with nonprofit news agency Associated Press (AP) to become AP’s exclusive odds provider across its global sports report. FanDuel Odds Featuring in AP’s Sport Reports The multi-year deal provides for FanDuel Sportsbook odds to appear in daily sports odds fixtures, games previews and other […]
Business
May 24, 2021
South Shore Holdings May Be on the Brink of Folding as it Halts Trading
In Western culture, the number 13 is associated with bad luck. However, in Chinese culture, 13 is viewed differently, and is associated with prosperity and good fortune. That might have been part of the reason South Shore Holdings decided to name a property it was expanding in Macau “The 13,” but, in this case, Western […]
Business
May 21, 2021
Genius Sports Reports a 52% Rise in Sales in Q12021
Genius Sports has issued its first Q1 results as a traded business on Thursday morning. Genius Publishes Its First Q1 Report as a Public Company Genius Sports, a sports data and analytics company, officially reported that its revenue went up by 52% in Q1 of 2021 and raised its sales forecast by 37%. It is […]
Business
May 20, 2021
Jam City and DPCM Capital Announce $1.2B Merger Agreement
Developer of mobile games Jam City is set to become the next company to go public via a merger with a special purpose acquisition company (SPAC) after a definitive agreement with DPCM Capital for the combination was announced today. “We believe Jam City is at the forefront of mobile gaming, and its unique Games-as-a-Service model […]