Business
September 30, 2020
Gaming Innovation Group and Hard Rock Terminate Contract
Sports betting technology provider Gaming Innovation Group (GiG) and Hard Rock International (HRI) mutually agreed to terminate their partnership. The 5-year contract was signed in November 2018 as the Seminole-owned casino brand was looking to add a sports betting option to its online product offering. Despite that both parties outlined the mutual partnership was a […]
Business
September 30, 2020
Caesars’ £2.9B Takeover Bid Accepted by William Hill Board
US casino giant Caesars Entertainment, Inc. and UK-based sportsbook operator William Hill PLC reached an agreement regarding the sale of the sports betting company. The £2.9 billion cash offer was initially revealed by Caesars on Monday, when William Hill responded to speculations it was a subject of a takeover bid, confirming it had received two […]
Business
September 29, 2020
Conditional Approval for Tipico to Launch NJ Sports Betting
German bookmaker Tipico is moving closer to its US debut, as it has received a conditional approval to launch sports betting in New Jersey from the Division of Gaming Enforcement (DGE). The sports betting operator is also planning to add iGaming to its product offering as soon as the required approval is granted. Ocean Casino […]
Business
September 29, 2020
JPMorgan Chase Settles Nearly $1B for Spoofing Allegations
JPMorgan Chase agreed to settle investigations into its trading practices by US authorities, as stipulated by three unnamed people with knowledge in the matter cited by Bloomberg. The investment bank accepted a record $920 million penalty for its manipulation tactics in trading metal futures and treasury securities. The Most Expensive Spoofing to Date Market manipulation […]
Business
September 29, 2020
SG Boosts Betsson’s US Sports Betting Push with New Deal
Betsson continues its U.S. sports betting market expansion by signing a key partnership with Scientific Games. Under the partnership, SG will provide its OpenTrade solution to power Betsson’s trading capabilities. Betsson Continues Expansion on the U.S. Sports Betting Market Betsson Group signed a key partnership with Scientific Games today under which SG will deliver its […]
Business
September 29, 2020
BetMGM Inks Partnership with the Tennessee Titans
Under a new partnership deal, BetMGM was named the official sports betting partner of the Tennessee Titans. The partnership marks a historic moment in the state for being the first official partnership between a professional sports team and a betting platform. A Partnership Representing a Historic Moment for Tennessee Monday, September 28, the Tennessee Titans […]
Business
September 28, 2020
Caesars Reveals a Potential £2.9B William Hill Takeover Bid
US casino giant operator Caesars Entertainment announced Monday it was in advanced negotiations to acquire UK-based sports betting company William Hill. Caesars outlined it was about to make an official £2.9 billion ($3.7 billion) cash takeover bid for the bookmaker. At the end of last week, William Hill responded to speculation that it was at […]
Business
September 27, 2020
William Hill at the Centre of a Potential US Bidding War
UK betting giant William Hill issued a response to speculation Friday, confirming the operator received two separate cash offers, from Apollo Management International LLP and its subsidiaries, and from Caesars Entertainment, Inc. Rumours Confirmed After an initial written proposal from the US private equity group Apollo in August, William Hill received a further proposal and […]
Business
September 27, 2020
PointsBet Inks Partnership with the Indianapolis Colts
The sports betting firm PointsBet signed a key partnership with the Indianapolis Colts. Under the partnership, PointsBet became an official sports betting partner of the team. PointsBet Now Official Sports Betting Partner of the Indianapolis Colts The global sportsbook operator PointsBet has announced a new partnership with the Indianapolis Colts. Under the partnership deal, PointsBet […]
Business
September 25, 2020
DraftKings Opens New Retail, Teams up with Colorado Rockies
DraftKings continues to expand its presence on the U.S. sports betting market. The company became an official sports betting operator for the Colorado Rockies and announced the opening of its new retail sports betting at Mardi Gras Casino in Black Hawk today. DraftKings Became an Official Sports Betting Operator of the Colorado Rockies The digital […]