Business
July 22, 2021
Las Vegas Sands’ Q2 2021 Report Painted Slow Recovery
Global land-based casino operator Las Vegas Sands (LVS) released its financial results for the quarter ended June 30, 2021, posting an operating loss for the quarter. Slow Pace of Recovery Las Vegas Sands revealed net revenue in the second quarter amounted to $1.17 billion, which compared to the $62 million the world’s leading developer of […]
Industry
July 22, 2021
Genius Sports Adds Kimberly Williams-Bradley as Independent Director
Genius Sports has appointed Kimberly Williams-Bradley to its Board of Directors as the company seeks to reinforce its management team and make stronger executive decisions. Williams-Bradley is stepping in as an independent director and the ninth member of the Board, with the data and sports content company citing her experience in managing finance as the reason why […]
Industry
July 21, 2021
Kindred’s Efforts to Reduce Gambling Problems Pay Off
The second quarter of 2021 has resulted in 4.3% of the total revenue Kindred Group saw coming from “harmful gambling,” according to the company. The shared results are part of Kindred’s strategy to reduce problem gambling, Journey Towards Zero. Compared to the Q1 revenue in 2021, the revenue from harmful gambling has increased, but not […]
Esports
July 21, 2021
BOA Gaming Will Explore Esports Options Through Sportsflare Partnership
Tiidal Gaming’s subsidiary Sportsflare, which owns and operates key businesses within the esports ecosystem with a core focus on betting, esports, content & community, and mobile gaming, has signed a new strategic partnership deal with sports bookmaker Bet on Action Gaming (BOA Gaming). Sharing the Same Vision Sportsflare’s chief commercial officer, Vigil Townsend, disclosed that the partnership with BOA Gaming […]
Business
July 21, 2021
Scientific Games and Playtech to Conquer the iGaming Industry
Scientific Games and Playtech forge an international distribution agreement aiming to explore new market opportunities. Scientific Games Partners with Playtech Scientific Games (SG), the giant gaming technology provider, and European gaming company Playtech have signed a new agreement, paving their way to capitalize off each other in different regions worldwide. Under the deal, Playtech’s software […]
Esports
July 21, 2021
Wild Rift to Exist as Esports Ecosystem Independent from League of Legends
Riot Games intends to create an independent top-to-bottom esports structure for Wild Rift as it seeks to guarantee the sustainability of the competitive ecosystem around the game. Wild Rift Has a Competitive Future In light of the ongoing success of Valorant, Riot Games has revealed a complete roadmap for yet another ambitious title of its own […]
Business
July 21, 2021
Luckbox Replaces EveryMatrix’s Sports Platform with Aspire Global
Aspire Global will help Luckbox expand its sports, online casino, and esports offer as it helps the operator transition to the BtoBet platform. Aspire Global Steps in to Help Power Luckbox’s Offer Luckbox continues to spurt its growth by a strategic overhaul of its core operating systems aided by Aspire Global, a leading technology provider for the […]
Blockchain
July 20, 2021
Hashing It Out Ep 7: Can Casinos Use BSV and AR Technology for Marketing?
In episode seven of Hashing It Out, Transmira founder Robert Rice reveals what benefits augmented reality, together with Bitcoin SV technology, may bring for casino operators. Rice acknowledges the importance of BSV’s high scalability. Furthermore, he predicts that augmented reality (AR) may be used in the future for marketing campaigns, as well as bridging the […]
Industry
July 20, 2021
Stats Perform Study Shows Changes Coming to the Sports Industry
Even before COVID-19 rolled into town and disrupted life as we knew it, there was a shift occurring in how consumers interacted with different markets. A transition toward a preference for digital interaction – online shopping, online communication, online gambling – had begun, but the pandemic served as a catalyst for expedited digital adoption. Now, […]
Business
July 19, 2021
Entain Set to Raise $1.125bn for M&A via New USD Loan
Global sports betting and gaming group Entain Plc announced it successfully priced and allocated a First Lien Term Loan B denominated in US dollars to the amount of $1.125 billion and with a maturity date of March 29, 2027. New USD Loan Entain explained that borrowers of the New Loan, which achieved favorable pricing of […]