Business News and Headlines
Business
January 3, 2021
Better Collective Acquires 90% Ownership of Mindway AI in 2021
On January 1, 2021 Better Collective acquired 90% ownership of the Mindway AI shares as the remaining 10% will be held by its founder, Aarhus University professor Kim Mouridsen. Mindway AI is On a Mission to Make Gambling Safer As an award-winning company, Mindway AI has transformed from an academic-based start-up to a successful company […]
Business
January 2, 2021
Lazarus Growth to Aid Intema in Booming iGaming Market
Intema Solutions Inc. will continue working with Lazarus Growth to boost its presence in the iGaming and eSports market. Focus on iGaming and eSports Canadian software and marketing solutions provider Intema Solutions Inc. announced on 31 December that it would continue working with Lazarus Growth in 2021. Lazarus Growth is a division of innovative law […]
Business
January 1, 2021
COVID-19 Pandemic Pushes Casino Industry toward Innovations
Last year proved to be the most difficult year for many industries, including the gambling industry. Now, in 2021, gambling operators will need to continue thinking outside of the box and using innovative technologies to attract and retain customers. The COVID-19 Pandemic Significantly Impacted the Gambling Industry In 2020 the global COVID-19 pandemic impacted hundreds […]
Business
January 1, 2021
Playtika Plans a US Public Listing after Chinese Hopes Dashed
After three futile attempts to go public in China, Playtika is turning a hopeful eye to the United States where 75% of the company’s revenue is realized. Playtika Readies up to Change Chinese for US Dream Playtika, a developer of mobile casino-style games, is finally pulling away from its long-coveted market in China, after authorities […]
Business
December 31, 2020
DMY Technology Shareholders Say Yes to RSI Public Listing
Rush Street Interactive is now a publicly-traded company following approval by dMY Technology shareholders, with the newly-merged company entering 2021 on a strong and ambitious foot. RSI Finalizes Mergers and Goes Public ahead of 2021 Rush Street Interactive is officially a publicly-traded company, following the approval of dMY Technology stockholders on Wednesday. Moving forward, the […]
Business
December 30, 2020
Innovative Marker Trax System Offers Credit Lines to Gamblers
A system created in 2018 that allows players to establish a credit line and access the funds directly at a slot machine with their rewards card is about to debut at Morongo in Cabazon, California. Marker Trax was created by Gary Ellis and has been testing at an off-Strip small casino on Koval Lane, looking […]
Business
December 30, 2020
William Hill Launches Mobile Sports Book in Washington D.C.
William Hill US announced that it launched its Sports Book App in Washington D.C. The application is now available within a two-block radius around the company’s permanent venue at Capital One Arena. Sports Fans in Washington D.C. Can Now Enjoy William Hill’s Sports Book App The leading sportsbook operator in the U.S., William Hill US, […]
Business
December 30, 2020
Flutter Entertainment Completes $4.2bn FanDuel Stake Buyout
The end of the year is an ideal time to wrap things up, and Flutter Entertainment (FLTR.L) is heading out of 2020 with no loose ends, after announcing earlier today that it has completed the acquisition of a 37.2% stake in FanDuel Group. Flutter has bought out the share from Fastball Holdings for $4.2 billion […]
Business
December 29, 2020
VSiN and iHeartMedia Expand Existing Partnership Deal
Sports betting network VSiN announced today it expanded an existing partnership deal with iHeartMedia to bring its unique sports betting markets coverage to iHeartRadio. The leading three-in-one free digital music, radio and podcasting platform will serve as a vehicle to increase VSiN’s audio reach to new listeners for free starting January 1, 2021. “We’re thrilled […]
Business
December 29, 2020
Shareholder Vote Clears BetMakers’ Way to Acquire Sportech
Horse racing betting technology supplier BetMakers Technology Group announced today in a filing to the Australian Stock Exchange (ASX) the remaining obstacle on the way to completion of the acquisition of Sportech’s racing and digital assets has been cleared, after shareholders of the online sports betting company voted in favor of the transaction. Shareholder Approval […]