Business
August 10, 2022
US Integrity to Provide Compliance Tools to Silver Reef Casino
US Integrity has announced a new partnership with Silver Reef Casino, which is preparing to go ahead with an official rollout of its sportsbook in the state of Washington. The casino, which is owned by Lummi Nation, is located in the northwest corner of the state, and it’s accessible both from Seattle, which is some […]
Business
August 9, 2022
NetBet Partners With FeedConstruct to Minimize Losses and Maximize Profits
Sportsbook and casino operator NetBet has sealed an agreement with FeedConstruct, a leading provider of sports data that offers innovative data collecting solutions. By signing the new deal, NetBet will be joining FeedConstruct’s prestigious “family of Trusted Partners” that includes names like VBet, OlyBet, and Betsson. NetBet will help FeedConstruct considerably strengthen its foothold in […]
Business
August 9, 2022
DraftKings Finally Cuts Back on Heavy Ad Spending to Focus on Profits
In February, Boston-based online gaming and sports entertainment company DraftKings expressed its plans to grow its market share for the remainder of the year. Accordingly, its ad spending budget was beefed up considerably during the first quarter. At the end of May, the company signed a multi-market agreement with High 5 Games to strengthen its […]
Business
August 9, 2022
Stats Perform Named as the RLWC2021 Official Data Provider
Stats Perform has been officially named as the Rugby League World Cup official data provider. The World Cup will start on October 15 and will last until November 19, 2022. With this development, the AI and sports data provider will help create unique experiences for the audience across multiple sectors. Sports Data of 61 Matches […]
Business
August 9, 2022
Jake Paul Overhauls Sports Betting with New Venture Called Betr
Social media celebrity Jake Paul together with Simplebet co-founder Joey Levy are revolutionizing sports betting with their new micro-betting-centered company and sports media venture Betr, which is targeting sports fans directly. Betr Has Attracted a $50 Million Investment Betr is the first of its kind micro-betting mobile application directed at the mass consumer. It […]
Business
August 9, 2022
AGS Posts Strong Q2 2022 Results
American Gaming Systems (AGS) has reported that recent investments in key teams have greatly contributed to the company’s rising revenues. The company closed the second quarter of 2022 with 14.6% higher revenues. A Positive Net Income for the First Time in 10 Quarters The gaming experiences provider earned $76.6 million for the period. This number […]
Business
August 8, 2022
BCLC Appoints Pat Davis as New CEO & President
As the British Columbia Lottery Corporation has joined forces with others to raise against the unchecked influence of illegal gambling websites, the BCLC is also making a change to its president & CEO position with Pat Davis stepping into the job, the Board of Directors confirmed last week. BCLC to Continue Building Up Davis […]
Business
August 8, 2022
DraftKings’ Q2 revenue rises 57% compared to 2021
Gambling giant DraftKings released the official report on its second-quarter earnings. The company’s revenue and EBITDA exceeded expectations, improving its overall financial forecast for the remainder of the year. DraftKings stocks reacted positively to the news and jumped by nearly 10%. Earnings Exceeded Previous Estimates The gaming operator recorded revenue of $466 million for the […]
Business
August 5, 2022
AstroPay Appoints Fayyaz Ansari as the New Chief Financial Officer
Prestigious online payments provider with millions of users worldwide AstroPay has appointed UK-based Fayyaz Ansari as its new chief financial officer. Paysafe group’s former chief financial officer and board member for the Skrill division will be responsible for supervising AstroPay’s financial activities and management decisions at a global level. Over Two Decades of Experience in […]
Business
August 5, 2022
Rush Street Reveals Q2 Results, Shows Improvement in Revenue
Rush Street Interactive has reported that its second-quarter in 2022 also resulted in a net loss. The Q2 results state that the company’s net loss is $28.3 million and even though revenue has risen 17% YoY (from $122.8 million to $143.7 million), the cost of advertising and promotions rose by 20% as well. The Second […]
