Business News and Headlines
Business
January 22, 2021
BetMGM Raises 2020 Revenue Forecast Ahead of Michigan Launch
Sports betting brand BetMGM raised its 2020 revenue forecast following strong performance in the fourth quarter during which the company saw the number of active customers nearly double the one from the previous quarter. Double Digit Raise in Revenue Forecast BetMGM announced in October expectations for net gaming revenue (NGR) between $150 million and $160 […]
Business
January 22, 2021
Iowa Operators Enjoy Remote Sports Betting Registration Benefits
Not even a month after the in-person registration for sports betting in Iowa was lifted, the benefits are already present. Besides more revenue for the operators, many major industry players launched their own sports betting apps. Iowa Removes in-Person Sports Betting Registration Iowa was one of the pioneers to launch sports betting back in August […]
Business
January 22, 2021
BetRivers Signs Partnership with Detroit Pistons Ahead of Launch
BetRivers’ sports betting, and soon iGaming product, is going live in Michigan at noon today as the company strikes a new partnership with the Detroit Pistons. BetRivers Teams up with Detroit Pistons Rush Street Interactive’s leading sports betting brand, BetRivers.com, has signed a new awareness partnership with the Detroit Pistons. The NBA franchise and the […]
Business
January 21, 2021
Gaming, Travel and Hospitality Rely on the New Administration
Industry representative bodies from the gaming, tourism and hospitality sectors stated their intent to work with the new Biden administration to speed up the recovery of the economy in Nevada crippled from the coronavirus outbreak. Expedite Recovery in Nevada Heads of the US Travel Association (USTA), American Gaming Association (AGA), American Hotel & Lodging Association […]
Business
January 21, 2021
Circa Signs with DeckPrism for In-Play Odds in Colorado
Circa Sports Colorado and premier supplier of in-play odds for the sports betting industry DeckPrism Sports announced an agreement today to give exclusivity to the technology provider to supply Circa’s mobile app in the state with in-play odds solution. “DeckPrism has built an engine that will power in-game wagering far more effectively for companies like […]
Business
January 21, 2021
RWWA Enters Long-Term Partnership with Kambi
Racing and Wagering Western Australia (RWWA) will use Kambi’s technology to improve the scope and reach of its online products. Kambi and RWWA Strike Long-Term Partnership Racing and Wagering Western Australia (RWWA) has signed a long-term partnership with sports betting operator Kambi Group. Through the partnership, RWWA will utilize Kambi’s innovative technology to upgrade and […]
Business
January 21, 2021
BETZ Boosts with Bally’s, dMY Technology II, FDJ and Bragg
Investment adviser Roundhill Investments which manages 3 exchange-traded funds (ETFs) among which NYSE-traded BETZ, added 4 new stocks to the holdings of the gaining popularity sports betting and iGaming ETF. The Roundhill Sports Betting & iGaming ETF (BETZ ETF) managed by the New York-based investment company and rebalanced on a quarterly basis, bolstered its portfolio […]
Business
January 21, 2021
After Stellar 2020, Entain Enters 2021 with Good Momentum
2020 was a stellar year for Entain, according to the company’s most recent financial year report. After observing a 27% growth of online net gaming revenue, the company enters 2021 with good momentum. Entain Reveals Its Q4 2020 and Financial 2020 Update The global sports-betting and gaming entertainment company, Entain plc released its trading report […]
Business
January 20, 2021
OneComply to Assist FansUnite in Entering North American Market
OneComply Inc will assist FansUnite Entertainment in obtaining operational licenses for the booming US online gambling market. Entry Into North America Compliance and licensing leader OneComply Inc has entered a deal with Canadian sports entertainment specialist FansUnite Entertainment. Under the terms of the agreement, OneComply will help FansUnite navigate the North American gaming jurisdictions. The […]
Business
January 20, 2021
Genius Sports and Grupo Caliente Sign Streaming and Live Data
Grupo Caliente has extended its partnership with Genius Sports to include live streaming options and live data. Genius Sports and Grupo Caliente Mexican betting operator Grupo Caliente has expanded its existing ties with Genius Sports, tapping into the latter’s official live data feed and streaming content to enhance the in-play and pre-match betting experience. Genius […]