Business
June 20, 2022
SIG Sports Purchases 12.8% Of PointsBet
PointsBet has landed an AU$94.2 million ($65.75 million) investment from Sports Investment Corp. With this development, SIG Sports has agreed to purchase 38.75 million shares from PointsBet at a price of AU$2.43 ($1.7) and thus, gain a 12.8% stake in the company. The deal comes just a week after PointsBet turned down an acquisition offer […]
Business
June 20, 2022
ParlayBay Brings Dedicated Content to INDIBET
Sports betting titles provider ParlayBay has teamed up with INDIBET, an established sports betting brand with a global reach that focuses on cricket exclusively. The INDIBET website does have dedicated sportsbook facilities for a broader range of experiences. ParlayBay CEO Patrick Nordwall welcomed the opportunity: INDIBET is the perfect partner for us to release our […]
Business
June 18, 2022
BetMGM Expands Betting and Gaming Operations to Carnival
A top three betting and gaming operator in the US is teaming with one of the largest cruise ship operators to provide retail and mobile gaming to cruise ship guests. Phased Rollout to US-Branded Carnival Ships BetMGM, one of the leading three sports betting and gaming operators in the US, alongside DraftKings and FanDuel, announced […]
Business
June 18, 2022
Betsson AB Placed €90m in New Senior Unsecured Bonds
Swedish-based gambling group Betsson AB announced this week it has managed to successfully place new senior unsecured bonds in the amount of €90 million ($94.23 million). Institutional Investor Interest The new bonds issued by Betsson AB are under a framework of up to €250 million ($261.75 million), have a tenor of three years, and bear […]
Business
June 18, 2022
NeoGames Finalizes Aspire Global Acquisition
iLottery platform provider NeoGames has completed its acquisition of Aspire Global, which started this January. 99.31% of the shares in Aspire Global were tendered, and any remaining shares will be subject to a compulsory sale around 11 August. The deal is worth SEK4.3billion ($440.0 million) and will result in the complete merger of the two […]
Business
June 17, 2022
Playtech Extends Negotiations Period with TTB Partners
Playtech has decided to extend TTB Partners’ period to submit a proposal for acquiring the former company. This was announced this morning by the gaming supplier’s board of directors. Playtech and TTB Partners to Continue Negotiations TTB Partners had to submit a proposal by June 17, which it failed to do. As per Playtech’s board’s […]
Business
June 17, 2022
Casino Mogul Fertitta Bought Land on the Strip
Houston billionaire Tilman Fertitta, who owns Golden Nugget and Landry’s, is on his way to conquer the Las Vegas Strip. Through his company, Fertitta Entertainment Inc, Fertitta has bought real estate on the Strip spanning over 6.2 acres for the massive amount of $270 million, which roughly means he paid over $43 million per acre. […]
Business
June 17, 2022
NorthStar Gaming Brings Jennifer Barber as CFO
NorthStar Gaming, a Canadian sports betting and online gaming brand has appointed Jennifer Barber as the company’s new chief financial officer. Barber has an extensive financial background and experience which will help NorthStar and its brands to establish themselves in key markets and continue to pursue growth and strategic objectives. Introducing a Well-Seasoned Veteran on […]
Business
June 16, 2022
Kansino Enters Sponsorship Deal with Football Club AZ Alkmaar
Beginning July 2022, Kansino will be the new main sponsor of the Dutch football club AZ Alkmaar. The logo of the gambling operator will be visible on the front of the AZ shirts for the next four seasons. This deal marks the first such sponsorship change in twelve years. The team’s previous partner, AFAS Software, […]
Business
June 16, 2022
Betano Signs Four-Year Partnership with FC Porto
Betano, a Kaizen Gaming online and sports betting brand, has confirmed that has entered into a partnership with soccer club FC Porto for a period of another four years. The collaboration will see the company sponsor the club and work on a number of mutually-beneficial and fan-focused initiatives. FC Porto Becomes Long-Term Betano Partner Furthermore, […]
