Industry
August 9, 2021
Sportech Unveils Tender Offer for Buying $49.2M in Shares
On Friday of last week, Sportech, the sports betting technology company, announced the launch of a proposed tender offer. With the tender, the company plans to return up to $49.2 million to shareholders. Sportech Launches Tender Offer Sports betting technology company Sportech PLC announced the launch of a proposed tender offer on Friday of last […]
Industry
August 9, 2021
Mohegan Scrambles After Japanese IR Partner’s Unexpected Exit
Mohegan Gaming & Entertainment (MGE) has been put between a rock and a hard place as it competes to be the casino operator of an integrated resort (IR) in Nagasaki, Japan. Its local partner, Oshidori International Development, just withdrew itself from the partnership, with MGE now having to find a new one, and quickly. Oshidori […]
Industry
August 6, 2021
DraftKings’ Second Quarter Earnings Posted 297% Growth
Daily fantasy, sports betting and gaming technology operator DraftKings reported today its second-quarter financial results, posting revenue of $298 million for the three months ended June 30, 2021. Nearly 300% Revenue Growth The quarterly revenue reading represents a 320% increase to the $71 million DraftKings generated in the respective quarter of 2020. However, after giving […]
Industry
August 6, 2021
Adex Releases a Report on Ad Fraud Targeting Gambling Campaigns
Adex, the expert in fraud-free advertising released a new report. The report provides an insight into ad frauds, affecting the online gambling industry. New Report Shares an Insight on Ad Frauds Expert in fraud-free advertising, Adex released a new report, identifying ad frauds impacting gambling campaigns. Conducted over 5 months, the study analyzed 4 key […]
Industry
August 5, 2021
National Lottery License Competition in the UK Delayed Again
The Gambling Commission extends its time period for National Lottery license competition for the second time, which could result in more earnings for Camelot. UK’s National Lottery License Delayed for the Second Time The Gambling Commission has extended the timeline after “representation” from bidders. The National Lottery license competition has been delayed for the second […]
Industry
August 5, 2021
Sporttrade Gains Colorado Market Access via Momentum Sports Acquisition
By acquiring Momentum Sports, Sporttrade gained market access to Colorado. The company plans to launch its unique sports betting exchange services in the first half of next year. Sporttrade Acquires Momentum Sports, Prepares for Colorado Entry Sports betting company Sporttrade announced Wednesday that it acquired Momentum Sports and Entertainment. Momentum Sports is a Denver and […]
Industry
August 5, 2021
ACMA Blocks Advertising Sites That Promote Illegal Gambling
The Australian Communications and Media Authority (ACMA) continues to tighten its measures on illegal betting and has requested ISPs to block affiliate websites that promote and drive users to online gambling sites and services. ACMA Blocks Sites Promoting Online Gambling Services The Australian Communications and Media Authority (ACMA) has announced it would start blocking websites […]
Industry
August 5, 2021
Yokohama’s Don to Commit “Seppuku” If IR Comes to the City
Controversy over whether an integrated resort (IR) in Yokohama should be allowed is increasing and one man thinks preventing the project is worth dying over. The fact that he holds substantial influence over the local political scene means that his words carry more weight. However, threatening to commit seppuku if the IR comes to life […]
Industry
August 4, 2021
COVID-19 Testing in Macau Brings Unexpected Consequences
For more than a year, Macau did not have a single positive COVID-19 case. However, after four people tested positive with the Delta COVID-19 variant this week, the local government initiated mass testing. Reportedly, the testing resulted in a spike of players and employees leaving Macau, as well as a decrease in gaming stocks. Mass […]
Industry
August 4, 2021
LeanBackPlayer on the Current State of the Gambling Industry in the UK
Every person that has shown interest in the gambling industry when it comes to the current trends and future predictions will be pleased to hear that a report on the health of gambling has been published by LeanBackPlayer. This report comes after expert industry knowledge and detailed research. After collecting the most crucial data, LeanBackPlayer […]