Business
January 14, 2021
Entain Should Up the Bid, Enlabs Large Shareholder Suggests
Entain’s acquisition bid to Baltic operator Enlabs AB disappointed some shareholders of the acquired company, a report in EGR reveals. Earlier in the month, the wholly-owned by Entain Malta-based subsidiary Bwin Holdings offered SEK2.8 billion for the Nasdaq First North-listed operator. Entain’s Acquisition Bid in Tatters The tabled bid of SEK40 per share “significantly undervalues […]
Business
January 14, 2021
888 Post-Close Trading Update Suggests Even Better 2020 Results
Online gaming group 888 Holdings issued a post-close trading update to further raise the bar of expectations related to its full 2020 calendar year financial results, following on its December announcement to investors the performance would be above market consensus. Records in Active Customers and Revenue Following on the performance post the December 2 trading […]
Business
January 14, 2021
theScore off to a Stellar Start with F2021 Q1 Financial Results
According to recent numbers revealed by the Canadian digital media company, theScore, it looks like the company is off to a stellar start of the year. First-quarter results of the fiscal 2021 year show that the gaming handle of the company grew by 535%. theScore Revealed Numbers Outlining a Stellar 2021 Start The Canadian digital […]
Business
January 14, 2021
Penn National and Choice Hotels Merge Loyalty Programs for Improved Experiences
Choice Hotels has teamed up with Penn National Gaming, merging the two companies’ loyalty programs to drive new synergies and benefits to business. Penn National and Choice Hotels Loyalty Programs Integrate Penn National Gaming and Ascend Collection hotels operator, Choice Hotels International, have agreed to pool efforts and integrate their loyalty programs for better overall […]
Business
January 14, 2021
Indiana Hits Record with $313 Million Sportsbook Handle
Indiana became the fifth state to surpass $1 billion in wagers, with a record-breaking $313 million sportsbook handle in December. Fifth State in US History The Indiana Gaming Commission released Tuesday the sportsbook handle for December, finishing 2020 with record-breaking results since September. Becoming the fifth state in the US to pass $1 billion in […]
Business
January 13, 2021
Scientific Games and Loto-Quebec Extend Instant Games Deal
Technology provider for the gaming industry Scientific Games (SG) announced its instant and hybrid lottery games contract with Loto-Quebec was extended and would run through January 31, 2022. “Scientific Games produced Loto-Québec’s very first instant game 50 years ago, and the tradition of our partnership will continue through this contract extension.” Marie-Claudel Lalonde, Senior Director, […]
Business
January 13, 2021
Consumer Electronics Show Receives Support by Las Vegas Operators
More than two dozen operators in Las Vegas showed support for the online version of the Consumer Electronics Show by displaying a marquee message before the start of the show. Although the annual event is usually held in Las Vegas, this year’s edition is online because of the COVID-19 pandemic. Operators in Las Vegas Show […]
Business
January 13, 2021
Paysafe’s Payment Tech to Boost BetWildwood Sportsbook Offering
Payment giant Paysafe Group will lend its technological acumen to boost BetWildwood Sportsbook’s offer in Colorado introducing numerous tools to improve payment acceptance, facilitate transactions for consumers, and boost engagement. BetWildwood Gets Payment Streamlined with Paysafe’s Help BetWildwood, a dedicated online sportsbook running out of Wildwood Casino in Colorado, has teamed up with a new […]
Business
January 13, 2021
William Hill Posts Stronger Q4 Results at End of Difficult Year
Global betting giant William Hill has posted stronger fourth-quarter results amid a challenging year. Executives remain optimistic about the future with William Hill US pending acquisition by Caesars. William Hill’s Q4 Results Mark Company’s Strength Despite headwinds in 2020, William Hill Plc reported strong Q4 quarter results, rounding up a pivotal year in the history […]
Business
January 12, 2021
Playtech: 2020 Performance Set to Be Above Market Consensus
The world’s biggest supplier of online gaming technology Playtech Plc issued a trading update Tuesday telling investors that its 2020 financial performance is expected to be ahead of market consensus, driven by financial trading, casino, poker, bingo and sports betting businesses. €300M EBITDA The technology group expects its solid financial performance throughout 2020 would be […]