Business News and Headlines
Business
March 31, 2021
Fight for WPT Ownership Heats up at the Last Minute
Bally’s Corp. has been in full acquisition mode this year, having already purchased five entities before setting its sights on Allied Esports Entertainment. It first submitted an unsolicited bid to buy all of the company’s assets before handing in a new offer to purchase just the poker assets, which includes the World Poker Tour (WPT). Allied had already been […]
Business
March 31, 2021
Exacta Systems Integrates SG in Historical Horse Racing System
Scientific Games content will debut on Exact Systems’ Historical Horse Racing (HHR) platform in Virginia. Historical Racing System by Exact Gets SG Power-up in Virginia Exacta Systems has signed an agreement with Scientific Games (SG) that allows the company to take industry-leading content from SG’s award-winning game cabinets and integrate it with the Exact Historical Horse Racing (HHR) system. The […]
Business
March 31, 2021
Ali Ghanavati Brings Technological Know-How to Fubo Gaming
FuboTV has appointed gambling industry veteran Ali Ghanavati as the head of regulatory technology for Fubo Gaming. Fubo Gaming’s Regulatory Technology Helmed by Ali Ghanavati Following a record full-year, leading sports-first live TV streaming platform fuboTV has named Ali Ghanavati as head of regulatory technology for the company’s Fubo Gaming subsidiary. Ghanavati is no chance appointment either, with the executive […]
Business
March 30, 2021
MGM Appoints Jeff Mochal as SVP of Corporate Communications
Global entertainment and hospitality operator MGM Resorts International announced a new addition to its ranks as Jeff Mochal joined the company as Senior Vice President of Corporate Communications. Corporate Communication and Strategy Former LPL Financial Senior Vice President for Marketing and Communication Jeff Mochal will be based in Las Vegas and tasked with responsibilities around […]
Business
March 30, 2021
BetMGM Named Audacy’s Preferred Sports Betting Partner
Sports betting and iGaming brand of MGM Resorts and Entain BetMGM announced a multi-year deal today to become the preferred sports betting partner of Audacy across all sports broadcast stations, digital platforms, BetQL app, and BetQL Audio Network of the formerly known as Entercom Communications radio and podcasting company. “Audacy is a leader in sports […]
Business
March 30, 2021
GamStop and Crystal Palace FC Partner Up
GamStop, the UK’s online gaming self-exclusion service, has signed Crystal Palace as its first Premier League partner. GamStop’s First Ever Partnership with Premier League Club GamStop, the UK’s national self-exclusion program, has announced its first collaboration with an English Premier League club, Crystal Palace FC. The club’s male and female teams will both share information […]
Business
March 30, 2021
DraftKings Acquires Vegas Sports Information Network
DraftKings has acquired sports betting radio company Vegas Sports Information Network (VSiN), though financial terms have not been disclosed. DraftKings Successfully Acquires VSiN Daily fantasy sports operator DraftKings has announced the successful acquisition of Vegas Sports Information Network (VSiN) – a US-based sports betting radio network and streaming service. The company develops and distributes live […]
Business
March 30, 2021
FT: Hedge Funds Peeved with William Hill and Caesars Deal
GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information. Hedge Funds Raise Issues with William Hill/Caesars Acquisition Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]
Business
March 29, 2021
DraftKings Named First-Ever WWE Official Gaming Partner
Daily fantasy and sports betting operator DraftKings announced today a ground-breaking agreement with World Wrestling Entertainment (WWE) to become the Official Gaming Partner of the media and entertainment company in all applicable jurisdictions, subject to regulatory approval. “As a cultural icon and incredible sports and entertainment company, we are thrilled to join forces with WWE […]
Business
March 29, 2021
Tabcorp Turns Down Entain $3bn Bid, Says It’s “Little Light”
After a month to consider, Tabcorp has turned down a $3bn bid by Entain for the company’s wagering and media division, arguing that the bidder has underestimated the company’s actual value. Tabcorp Says No to $3bn Entain Bid Tabcorp has formally rejected a $3 billion bid by Entain this morning and has launched a broad strategic review […]