Business News and Headlines
Business
September 23, 2022
Sports Betting Handle in Mississippi Improves in August
Sports bettors in Mississippi spent more in August when compared to July, a new report released by the regulator reveals. Sports Betting Handle in Mississippi Hits $21.2M Last Month The Mississippi Gaming Commission, the regulator of sports betting and gambling in the state, has announced the financial results reported by operators in August. Last month, the sports […]
Business
September 23, 2022
PointsBet Launches Online Sports Betting in Louisiana
PointsBet, the leading sports betting operator, announced its launch into the regulated betting market in Louisiana. Louisiana Marks PointsBet’s 12th US State Entry On Thursday, the company announced its subsidiary, PointsBet Louisiana, successfully launched its online betting services in the state. The launch comes after the subsidiary received approval from the Louisiana Gaming Control Board, the government body tasked […]
Business
September 23, 2022
SPAC Merger with IG Acquisition Will Allow PlayUp to Register on NASDAQ
Australia-based betting operator PlayUp has taken a step towards a NASDAQ listing. PlayUp has just announced that it has signed a business combination agreement with IG Acquisition, a publicly-traded special purpose acquisition company, which through a newly established company called Parent will help PlayUp list on the NASDAQ. PlayUp Is Valued At $350 Million The […]
Business
September 23, 2022
BetMGM Names Vanessa Hudgens Celebrity Brand Ambassador
The leading sports betting and iGaming operator, BetMGM, announced a new collaboration with the American actress and singer, Vanessa Hudgens. Vanessa Hudgens Teams up with BetMGM The terms of the new deal, announced Thursday, see Hudgens become a celebrity brand ambassador for BetMGM. Under the collaboration, the singer, actress and entrepreneur will participate in different campaigns as well as promotions for the […]
Business
September 23, 2022
Mobile Sports Betting in Maryland May Launch This Year
Sports fans in Maryland are in for a treat after the sports betting regulator in the state made a major step toward mobile sports betting. SWARC Supports Licensing for Mobile Betting on a Rolling Basis On Thursday, the Sports Wagering Application Review Commission (SWARC) voted to start approving online sportsbook licenses on a rolling basis. This changed the […]
Business
September 22, 2022
Grosvenor Casinos Offers More than 500 New Jobs for Dealers
Grosvenor Casinos, the leading UK-based gambling operator, offers to create more than 500 new jobs, a new report suggests. The Leading Gambling Operator Launches Gaming Academy Program The company seeks to offer more than 500 jobs around the UK for people interested in starting a career as a casino dealer, a new report released by […]
Business
September 22, 2022
GiG Brings Ben Clemes to Spearhead North America Hub and Push
Gaming Innovation Group has announced that it is doubling down on its commitment to the North American market through the creation of a dedicated US hub that will be spearheaded by Ben Clemes. Clemes will step in as president of GiG North America and preside over the company’s future growth in the region at a […]
Business
September 22, 2022
Favorable August Results Show EBET’s Strategy Works
Engaging and unique esports wagering experiences provider EBET (formerly Esports Technologies) has been working hard to curb its net loss and boost AEBITDA. The company reported major progress with losses plummeting throughout July and August. EBET’s Recorded Significantly Lower Losses According to EBET, it only lost $3.8 million during the two months. Meanwhile, adjusted EBITDA […]
Business
September 22, 2022
Playtech’s H1 2022 Revenue Hits €792.3M, up 73% YoY
The leading online gambling software supplier, Playtech, released its financial results for the six months ended June 30, 2022. The Company’s First Half Revenue Hits €792.3 Million The company reported strong revenue growth during H1. Overall, Playtech’s revenue for the first six months this year hit €792.3 million ($785 million). When compared to the same period in 2021, when […]
Business
September 22, 2022
Colorado Sports Betting Recorded a Stellar FY 21-22 Year
Colorado’s Department of Revenue recently released its annual summary of the state’s sports betting sector. The fiscal year 2021-2022 saw sustained growth in the post-covid period thanks to various legislative initiatives which gave Colorado operators greater control over their business. Online Operators Dominated the Market Sports betting fans in The Centennial State spent $4,81 billion […]