Business News and Headlines
Business
January 28, 2021
IGT Powers FanDuel’s Sportsbook App Recently Launched in Virginia
U.S. sports betting market leader, FanDuel strengthened its partnership with IGT. FanDuel’s sportsbook app which was recently launched for the Commonwealth in Virginia and Michigan is powered by IGT’s PlaySports platform. IGT’s PlaySports Platform Powers FanDuel’s Sportsbook App The global leader in gaming, International Game Technology (IGT) announced on Wednesday this week that its PlaySports […]
Business
January 28, 2021
Award-Winning 1X2 Network Sets Foot in Canada with Loto-Québec
1X2 Network, a slot and table game developer, has signed a deal with lottery operator Loto-Québec to launch its games in Canada for the first time. Loto- Québec First to Introduce Games by 1X2 Network to Canada The leading slot and table game developer 1X2 Network has been quickly gaining popularity in regulated markets. The […]
Business
January 28, 2021
How WallStreetBets Subreddit Drives GameStop Stock Rally
GameStop, an embattled and disintegrating games retailer, has been bolstered up by the efforts of a Reddit forum by the name of WallStreetBets, which sent the value of the company’s shares up by 2000% over the last month. WallStreetBets Resurrects a Dying GameStop After the flurry of excitement surrounding the WallStreetBets subreddit, the board […]
Business
January 27, 2021
Sinclair’s Fox Sports RSNs Ready to Rebrand into Bally Sports
Sinclair Broadcast Group announced Wednesday its Fox Sports regional sports networks (RSNs) would be shedding their skin and get rebranded as Bally Sports, presenting the new logos to the public. “We are extremely proud to unveil the Bally Sports logo as it signifies a new, transformative chapter in the regional sports business and is representative […]
Business
January 27, 2021
DraftKings Named Exclusive DFS Partner for Charlotte Hornets
Boston-based sports betting brand DraftKings and the National Basketball Association (NBA) franchise from North Carolina Charlotte Hornets entered into a partnership deal, the sportsbook announced today. “We’re excited to enter this partnership with DraftKings and bring its daily fantasy sports products to our great Hornets fans.” Fred Whitfield, President and Chairman, Hornets Sports & Entertainment […]
Business
January 27, 2021
New York State Gaming Market Holds Potential to Grow, Says Study
The New York State Gaming Commission announced the results of a new study that analyzed the economic, demographic, and commercial factors impacting the gaming industry in the state. The study, conducted by Spectrum Gaming Group, found that besides the growth in the gaming sector achieved between 2015 and 2020, the gaming industry holds potential to […]
Business
January 26, 2021
Horseshoe Would Seek Minority Sports Betting Partnership
A casino in Maryland committed to a minority business partnership with regards to offering sports betting, ahead of the upcoming discussion of the regulatory framework by the state legislature. Operations Should Reflect the Community Caesars’ Horseshoe Casino Baltimore, consistent with its mission “to promote diversity, equality and inclusion”, issued a statement in which it committed […]
Business
January 26, 2021
NetEnt Enters Michigan’s Brand New iGaming Market
NetEnt launched Friday its iGaming content in Michigan after the state legalized the activity that day. Michigan Legalizes Online Gaming NetEnt entered the Michigan online gaming market last Friday, following the legalization of mobile gambling on the same day. The launch strengthens the operator’s position as a leading gaming provider in the US. DraftKings, FanDuel, […]
Business
January 26, 2021
Inspired Signed Agreement with Entain for Virtual Sports
Technology and content provider for the gaming industry Inspired Entertainment, Inc. announced it entered into a new long-term contract with gaming group Entain plc to roll out its portfolio of Virtual Sports content across all of Entain’s retail shops and venues and online brands. “Inspired and Entain have been collaborating closely for the past decade […]
Business
January 26, 2021
Genius Sports Enters MI and VA with Online Betting Supply License
Genius Sports, the leading sports data technology company secured online sports betting supply licenses in Michigan and Virginia. As a result, the company will be able to power the marketing and sportsbook services of licensed operators in both states. MI Regulator Grants Genius Sports Online Sports Betting Supply License The leading sports data technology company, […]