Business News and Headlines
Business
May 5, 2021
FanDuel and The Ringer Bet Heavily on Fan-Focused Experiences
The Ringer and FanDuel have signed a year-long partnership to seek better engagement with audiences, which company executives describe as “absurdly fan-focused.” FanDuel and The Ring Boost Fan Experience through Partnership FanDuel Group and pop culture website The Ringer has signed a new partnership that will focus on promoting each brand’s assets. The partnership will […]
Business
May 4, 2021
Catena Media Acquires Sports Affiliation Lineups for $39.6M
Online lead generation firm Catena Media announced today it acquired online sports affiliation Lineups.com to strengthen its position in the US sports betting arena. Payment Details Catena Media revealed a total of $39.6 million will be paid in cash in 3 installments spread over a period of 2 years, with another half-a-million payable upon fulfillment […]
Business
May 4, 2021
Robinhood under Attack for Allowing Traders to Change the Game
Robinhood returned fire to Warren Buffett and the old guard for attacking it for supposedly allowing millions of “everyday people” to take “control of their financial lives”. Tit for Tat A war of words seems to have started Saturday during the annual meeting at Berkshire Hathaway, when Warren Buffett openly attacked Robinhood for its approach […]
Business
May 4, 2021
Booongo Solidifies Presence in Latin America via DoradoBet
Booongo grew its Latin America footprint today via DoradoBet. Under a new partnership, the Peruvian operator DoradoBet received access to Booongo’s full suite of slot games. DoradoBet Receives Access to Booongo Content World-famous slots developer, Booongo, grew its footprint in Latin America today via a partnership with DoradoBet. As a result of the agreement, the […]
Business
May 4, 2021
XB Net and Entain Will Continue to Deliver Racing Content
XB Net, a global betting premium supplier for horse and greyhound racing, has renewed its partnership with Entain, international gaming and sports betting operator. Xb Net Continues Its Collaboration with Entain XB Net, a global wagering solution and leading premium supplier of content for horse and greyhound racing in North America, has announced the renewal […]
Business
May 4, 2021
Richard Carter Is the New CEO of Bragg Gaming Group
Bragg Gaming Group, a global B2B gaming technology provider, has appointed Richard Carter as its new CEO as of May 1, 2021. Bragg Gaming Group to Launch on the Nasdaq Exchange Bragg Gaming Group, a global leading gaming technology provider, has appointed Richard Carter as its new CEO, who has stepped into the positions as […]
Business
May 4, 2021
New Jersey to Ease COVID-19 Restrictions on May 19
New Jersey continues to gradually ease COVID-19 related restrictions. Governor Phil Murphy announced on Monday that businesses such as casinos, restaurants, gyms, and other venues will be allowed to operate at 100% capacity, effective from May 19. COVID-19 Related Restrictions to Be Lifted on May 19 in New Jersey Governor Phil Murphy announced on Monday […]
Business
May 4, 2021
Apollo Global Expands Portfolio, Buys Verizon Media for $5B
Private equity fund Apollo Global Management is set to expand its presence in the content and advertising space after agreeing to acquire AOL and Yahoo brands from Verizon. “Apollo delivered the strongest vision and strategy for the next phase of Verizon Media. I have full confidence that Yahoo will take off in its new home.” […]
Business
May 4, 2021
Penn National Gaming Launches Own iGaming Development Studio
Penn National launches its dedicated content development arm to boost iGaming offering through proprietary technological solutions. Proprietary Gaming Is Coming to Penn National Gaming Penn National Gaming, a company specializing in sports betting and iGaming products, has announced the creation of a dedicated in-house content development platform, Penn Game Studios (PGS). PGS will focus on casino content […]
Business
May 4, 2021
Gaming M&A Activity Continues as Action Network Goes to Better Collective
What a difference a year makes. The past 12 months have seen a number of high-profile deals being made in the gaming space, with mergers and acquisitions (M&A) now becoming almost a daily occurrence. The founders of Action Network aren’t complaining, as their hard work is now paying off in a big way. Only launched […]