Business News and Headlines
Business
July 25, 2019
Playtech Teams Up Ontario Lottery and Gaming Corp.
Canadian government decides to establish competitive market for iGaming Playtech and Ontario Lottery expand their collaboration in the region BetBuddy – gambling data analytics technology – to be implemented in OLG’s iGaming platform Playtech – one of the best known names in iGaming development and solutions – has expanded its relationship with the Ontario Lottery […]
Business
July 25, 2019
William Hill’s Response to FOBTs Reductions in the UK
William Hill is now thinking to engage with the U.S. betting market more actively, faced with stringent regulatory measures at home. William Hill and FOBTs William Hill troubles back home in the United Kingdom could potentially lead to the strengthening of the company’s U.S. portfolio. Facing stringent regulations, the company is now shutting down estimated […]
Business
July 23, 2019
Better Collective Boosts U.S. Portfolio, Adds Betting Portals
Better Collective has acquired two dominant sports betting brands in the United States, namely the Florida-based Vegas Insider and Scores and Odds. The agreed upon acquisition amounts to the price of 20 million USD for both websites and has been completed through Better Collective’s wholly-owned US subsidiary. Each of the brands has established itself as […]
Business
July 21, 2019
Betsson and Svenska Spel Find Swedish Market Tough
Betsson and Svenska Spel among the affected operators in Sweden Results fall across the board for all operators Bonuses and advertisement could be banned Betsson is the latest operator to be affected by the tough Swedish market where regulatory measures intensify. Svenska Spel and Betsson’s Results Tank in Sweden Newly-regulated, the Swedish gambling market has […]
Business
July 19, 2019
Pennsylvania’s Casinos Post All-Time $3.3bn for FY 2018/2019
Pennsylvania’s casino handle hits $3.3 billion for the FY 2018/2019 Net proceedings for the state amount to $1.3 billion Online betting and gaming verticals expected to boost engagement Pennsylvania’s gaming sector continues to generate significant revenue through its spots betting and casino verticals. The state is expecting an immediate launch of online casinos, poker and […]
Business
July 19, 2019
Betfred Goes Launches Iowa with New Partnership
Betfred announces U.S. Expansion in Iowa The UK sportsbook is teaming up with Grand Falls Casino Resort Betfred will bring the full offer of its platform, including mobile and online betting Betfred has teamed up with Grand Falls Casino Resort to introduce its full sports betting portfolio in Iowa, the United States. Betfred Expands to […]
Business
July 18, 2019
GVC Holdings’ Latest Result Reveals Strong Online Vertical
GVC Holdings’ online vertical goes up 5% in terms of net profit More land-based shops may need to shut down Expansion ambitions in the United States seem promising GVC Holdings has published its latest financial report, revealing a strong half year in digital and rather poor brick-and-mortar operations. GVC Online Growth 5% Better YOY GVC […]
Business
July 17, 2019
Eldorado, William Hill Team Up for Iowa Online Betting
William Hill and Eldorado continue building their partnership Online betting and in-play solutions coming to Iowa Iowa betting launches in August William Hill and Eldorado expand existing partnership to introduce online and mobile betting solutions in Iowa as early as August. William Hill to Provide Eldorado with In-Play and Online Betting Services William Hill US […]
Business
July 16, 2019
NY’s Rivers and Tioga Sports Betting Launches on July 16
Rivers Casino launches betting offer today Tioga Downs to open by the end of the week Oneida will roll out its own spotsbook with Caesars New York spots bettors will be able to place their first sports bets starting on July 16 with more betting venue launches coming later this week. New York’s Rivers and […]
Business
July 15, 2019
Indiana Puts 12 Venues to the Test Ahead of September Sports Betting
12 licenses issued to Indiana future sports betting venues The permits to be treated as a test to gauge readiness of individual operators Indiana also renews DFS betting licenses for three companies Indiana is giving pre-approved casinos and off-track betting properties temporary permits to test their sports betting offers. This may decide whether the properties […]