Business
November 24, 2021
Evolution Initiates Internal Review over Illegal Gambling Allegations
An internal review has been initiated at Evolution AB due to the recent allegations that it operates illegally in countries on the US sanctions list, the company announced in a statement Wednesday. The Costly Report Earlier this month, a report in Bloomberg stated that private investigators hired by an unnamed competitor found out Evolution was […]
Esports
November 24, 2021
Rivalry’s Multi-Pronged Approach Results in Record Q3 2021
As Rivalry begins to scale its product offer and explore more verticals, the company’s results for the quarter ending on September 30, 2021, confirm its steady growth over the past months. Rivalry Posts Record-Setting Quarterly Results The latest report revealed strong performance over the last quarter, marked by a steady uptake in betting activity. Several […]
Esports
November 24, 2021
Exodus to Power SportX’s Crypto Esports Betting Experience
From non-fungible tokens to a $210 million deal for the naming rights of Team SoloMid, the crypto world seems interested in esports. A new partnership between cryptocurrency wallet Exodus and online sports and crypto betting platform SportX platform attests to that. The wallet has now been integrated with the platform, allowing players to place wagers […]
Business
November 23, 2021
Genius Sports’ Q3 Revenue Growth Offset by Sky-High Expenses
Official supplier of sports betting data and content Genius Sports released today its third-quarter financial results posting an operating loss for the three months ended September 30, 2021 of $64.8 million as expenses soar across the board. Unprecedented Growth Level The operating loss was registered on the back of an over 70% increase in revenue […]
Esports
November 23, 2021
Betbazar to Enrich Altenar’s Portfolio With BETER-Developed Solutions
Cyprus-based esports betting solutions provider and distributor Betbazar has signed a content deal with the sportsbook services provider Altenar. Betbazar Will Provide Altenar With Next-Gen Products The deal will see Betbazar provide Altenar with betting solutions, developed by its exclusive partner, the fast sports and esports content and data provider BETER. The content deal will […]
Poker
November 22, 2021
Checkd Media Adds Execs to Lead Footy Accumulators Poker League Product
Checkd Media’s poker division has added two new executives who will help the company spearhead its growth in the vertical. The first is Lee Johnston, who will be helping the Manchester-based firm as its new poker manager. He is joined by Sophia Darling, who will work as a poker executive. The two together will look for ways to […]
Business
November 22, 2021
Codere Shareholders Take Control of the Gaming Company
The April debt-for-equity agreement at Codere that sees the business transfer to Codere New Topco SA has been completed. A holding company in which bondholders hold a 95% share, Codere New Topco SA is now the new owner. Although the previous owners retained a 5% interest, they can receive up to 15% from any potential […]
Business
November 22, 2021
Gopher Walks Away From Potential Playtech Acquisition
Gopher Investments has pulled its offer to buy London-listed gaming company Playtech from Gopher Investments in the wake Eddie Jordan-led €3.56-billion ($4.01 billion) entrance into the competition. Gopher, based in Hong Kong owns 4.97% of Playtech and is already looking to buy its Finalto financial trading section. This deal should be completed in the first […]
Esports
November 19, 2021
Esports Technologies Launched Eaffiliates.com Platform
Esports Technologies, a leading provider of esports betting products and technologies, announced in a press release today the launch of an affiliate program running on the company’s Eaffiliates.com platform. Enticing Future Affiliates The global provider of esports wagering solutions is looking to engage with business partners by launching its Eaffiliates.com platform and offering them commission-based […]
Business
November 19, 2021
Gambling.com Posts Robust Results in Q3 2021
Gambling.com Group Limited has reported a robust performance for the third quarter of the year, with the group’s results bolstered by a commitment to organic growth and methodically building up its footprint in the online gambling industry and shored up by the return of the sports season in the US. Return of Sports Bolsters Gambling.com’s […]