Business News and Headlines
Business
September 29, 2022
Xpoint Welcomes New Investors, Plans Exponential Growth
Geolocation technology company with licenses in several online gaming, daily fantasy sports, and sports betting markets in North American jurisdictions Xpoint has welcomed three new big investors during a new round of funding. The list includes The Raine Group, SuRo Capital Sports, and Acies Investments. The trio will be joining current investors Courtside Ventures and […]
Business
September 29, 2022
SCCG Management Expands Ronin Sport Agreement
SCCG Management, a leading iGaming and casino consultancy firm, has deepened its relationship with Ronin Sport, a fairly fresh B2B provider of TV sports data. As per the agreement, the consultancy will help with the data company’s distribution in Brazil. SCCG Management Expands Agreement with Ronin Sport SCCG Management will guide Ronin Sport on how […]
Business
September 29, 2022
SJM Resorts Selects Daisy Ho for Managing Director
SJM Holdings Limited’s subsidiary, SJM Resorts, announced a new senior leadership appointment. Daisy Ho Is SJM Resorts’ New Managing Director The company revealed on Wednesday that its Board of Directors appointed Ms. Daisy Ho Chiu Fung as managing director. The recent appointment complements Daisy Ho’s other key positions with SJM. Back in March 2019, she was elected […]
Business
September 29, 2022
Parimatch Kicks Off Premier League Season with Four Partnerships
Parimatch, an international betting brand, has teamed up with a fourth Premier League club, Newcastle United. The club is now part of the other partnerships that the company established for the top-flight soccer league in the United Kingdom, including Aston Villa, Leicester City, and Chelsea. Parimatch Enters Premier League 2022/2023 with Four Club Sponsorships Parimatch […]
Business
September 28, 2022
Bremen Hands Out Permits but Keeps 14 Betting Locations Shut
Some 14 sports betting sites in Bremen, Germany will keep their doors shut, a recent report reveals. Regulators Checked Thousands of Documents Submitted by Betting Shops The Senator for the Interior in Bremen, Ulrich Mäurer, unveiled Monday that 14 sports betting locations will remain closed. The recent announcement follows an effort initiated in July this year. Back […]
Business
September 28, 2022
Germany’s DSWV Urges for Action against Black Market Operators
A new report released by the German Sports Betting Association (DSWV), calls for prompt action against black market operators. More than 400 Black Market Websites Operate in Germany The report was released in light of Germany’s Gambling Addiction Action Day 2022, on September 27, and acknowledges that protection of the gamblers and sports bettors from illegal, unlicensed operators is […]
Business
September 28, 2022
Bally’s Lands on the Strip, Completes Tropicana Deal
The global casino-entertainment company, Bally’s Corporation, announced Tuesday it completed the planned acquisition of the non-land-based assets of the Tropicana Las Vegas. Bally’s Corporation Completes Tropicana Takeover Bid To complete the takeover, Bally’s agreed to purchase the non-land-based assets of the Tropicana Las Vegas in a cash purchase of $148 million, payable to Penn Entertainment and Gaming & Leisure Properties Inc (GLPI). […]
Business
September 28, 2022
Gaming Dynamics, QCI Celebrate Milestone Achievement in Australia
The gaming data analytics and insights provider, Gaming Dynamics, announced it reached a milestone achievement in the regulated gambling market in Australia with Quick Custom Intelligence (QCI), a leading software developer. The announcement came Tuesday and sees Quick Custom Intelligence’s slot floor optimization platform offer tools for more than 2,500 games in different locations around New South Wales. QCI Continues […]
Business
September 28, 2022
Sportingtech Names Paul Jerram Head of Compliance
The multi-award-winning full-service betting and gaming platform provider, Sportingtech, announced a new senior leadership hire. iGaming Industry Veteran Paul Jerram Joins Sportingtech On Monday, the tier-one platform provider announced it boosted its compliance efforts by hiring Paul Jerram. Joining Sportingtech, Jerram will assume the role of head of compliance. Having a track record of iGaming industry compliance and significant […]
Business
September 27, 2022
Churchill Downs Finalizes Acquisition of Ellis Park for $79M
The industry-leading racing, online betting and gaming entertainment company, Churchill Downs Incorporated, announced it finalized an important acquisition. CDI Finalizes Takeover of Ellis Park The company revealed Monday it completed the takeover of Ellis Park Racing and Gaming, located in Henderson, Kentucky in a deal completed in cash consideration of $79 million. The new acquisition will further boost […]