Business
February 8, 2021
Kindred to Battle High-Risk Gambling with Transparency Metrics
Kindred, an online gambling group, will promote safe gambling by publishing a transparency metric. Kindred Group Has Set a Course Towards 0% Revenue from Harmful Gambling Kindred Group, an online gambling operator that consists of 9 brands, will be the first to publish a report on its revenue generated from high-risk gamblers. It is part […]
Business
February 8, 2021
Tesla Buys $1.5bn Worth Bitcoin, to Accept it as Payment Soon
Bitcoin exceeds $44,000 apiece for the first time, following the announcement. Bitcoin Investment is Significant Percentage of Company’s Cash Today in a filing with the Securities and Exchange Commission, Tesla informed that it has acquired $1.5 billion in Bitcoin. Moreover, the company added that it may also accept Bitcoin in the near future as a […]
Business
February 7, 2021
Gambling Revenue in Lithuania Severely Impacted in 2020
In light of the economic impact brought by the COVID-19 pandemic, the retail gambling revenue in Lithuania plummeted. Retail Gambling Revenue in Lithuania Plummeted in 2020 The global COVID-19 pandemic which started early last year has impacted millions of businesses across the globe. By now, there isn’t a place in the world that has not […]
Business
February 5, 2021
Sportech’s Pre-Close FY2020 Meets Expectations
Supplier of betting technology Sportech PLC released today a pre-close update for the financial year ended December 31, 2020, to update investors ahead of the final FY 2020 results set to be announced April 8, 2021. Adjusted EBITDA In Line With Board’s Expectations The Board of Directors at Sportech emphasized that the company continued to […]
Business
February 5, 2021
Barstool Sports Boosts Penn National Gaming’s Performance
Penn’s interactive division experienced massive growth during 2020, with strong revenues and EBITDA margins for the Hollywood Casino iCasino product in Pennsylvania, robust performance at the company’s 16 retail sportsbooks, and the introduction of the Barstool Sportsbook mobile app. Penn National Gaming Stands Strong Despite Covid-19 Turmoil Despite the challenging past year and ongoing pandemic-related […]
Business
February 5, 2021
Simplebet Launches Micro-Market Product with Intralot in Montana
Simplebet launched its Micro-Market betting platform in Montana in collaboration with Intralot. The company is thrilled to expand to another market after it launched its services successfully in Washington D.C. back in January. Simplebet Rolls Out Its Micro-Market Product with Intralot in Montana The B2B product development company, Simplebet has announced that it rolled out […]
Business
February 5, 2021
DraftKings Expands NFL Deal to Canada for DFS
The NFL and DraftKings are expanding their DFS content partnership beyond the United States and launching in Canada to bring better fan experiences. DraftKings Gains Access to Canadian DFS Market with NFL DraftKings is launching its daily fantasy sports (DFS) product in Canada, as the company is looking to add more National Football League (NFL) […]
Business
February 5, 2021
William Hill Rolls Out Online and Mobile Sportsbook in VA
U.S. sports betting market leader, William Hill announced on Wednesday that it entered the regulated sports betting market in Virginia. The operator rolled out its mobile and online sportsbook for sports fans in the state. William Hill Enters Virginia, Rolls Out Mobile and Online Sportsbook William Hill US announced that in partnership with Caesars Entertainment […]
Business
February 4, 2021
XB Net Signs Racing Deal with Australian Sportsbook CrossBet
Premium content provider for the racing industry XB Net entered into a partnership deal with the relatively new in the Australian sports betting arena operator CrossBet to expand its international footprint. “It’s a real fillip for our diligent team to have landed this new distribution deal with CrossBet, whose racing expertise and customer care is […]
Business
February 4, 2021
Betfair Receives Five-Year iGaming License in Colombia
Betfair has received a five-year iGaming license from Colombian regulator Coljuegos, becoming the 17th authorized gambling platform in the country. Attractive Colombian Market Colombian gambling regulator Coljuegos has announced it has issued a five-year iGaming license to Betfair. The leading UK-based operator becomes the 17th authorized wagering platform in the country. Betfair will now be […]