Business
January 15, 2021
Playtika Goes Public, Raises $1.88B through an IPO
Gaming developer Playtika launched an initial public offering (IPO) today, selling to the public 69,500,000 shares of its common stock. Earlier in the month, the company announced its intention to go public and list on the Nasdaq Global Select Market, expecting the offering price to be between $22 and $24, but today it initiated the […]
Casino
January 15, 2021
OtherLevels Partners up with Scientific Games’ OpenArena Platform
OtherLevels is a leading customer engagement platform which is now the latest addition to Scientific Games‘ own OpenArena solution. This collaboration will help Scientific Games explore new opportunities for OpenArena. OtherLevels and SG Turn New Leaf on Customer Engagement OtherLevels is the newest addition to Scientific Games’ OpenArena platform and it is going to be […]
Business
January 15, 2021
Entain Looking to Appoint Jette Nygaard-Andersen as CEO: Sources
In the midst of a takeover bid from North American partner MGM Resorts, the rebranded GVC Holdings, Entain, is reportedly seeking to appoint Jette Nygaard-Andersen as permanent CEO to take over from departing CEO Shay Segev. Jette Nygaard-Andersen to Potentially Take Entain’s Top Job Entain is reading up to inaugurate its first female chief executive, […]
Business
January 14, 2021
Entain Should Up the Bid, Enlabs Large Shareholder Suggests
Entain’s acquisition bid to Baltic operator Enlabs AB disappointed some shareholders of the acquired company, a report in EGR reveals. Earlier in the month, the wholly-owned by Entain Malta-based subsidiary Bwin Holdings offered SEK2.8 billion for the Nasdaq First North-listed operator. Entain’s Acquisition Bid in Tatters The tabled bid of SEK40 per share “significantly undervalues […]
Business
January 14, 2021
888 Post-Close Trading Update Suggests Even Better 2020 Results
Online gaming group 888 Holdings issued a post-close trading update to further raise the bar of expectations related to its full 2020 calendar year financial results, following on its December announcement to investors the performance would be above market consensus. Records in Active Customers and Revenue Following on the performance post the December 2 trading […]
Industry
January 14, 2021
Sheldon Adelson’s Death Won’t Change Las Vegas Sands’ Direction, Wall Street Analysts Say
The company is expected to continue its already established course of action and retain its focus on Asia. Rob Goldstein to Assume Permanent Role as CEO Wall Street analysts and investors are weighing the impact of the death of Las Vegas Sands founder, longtime CEO, and controlling shareholder Sheldon Adelson on the company. The prevailing […]
Business
January 13, 2021
Consumer Electronics Show Receives Support by Las Vegas Operators
More than two dozen operators in Las Vegas showed support for the online version of the Consumer Electronics Show by displaying a marquee message before the start of the show. Although the annual event is usually held in Las Vegas, this year’s edition is online because of the COVID-19 pandemic. Operators in Las Vegas Show […]
Sports
January 13, 2021
FuboTV to Integrate Live Streaming with Vigtory Betting Product
FuboTV has announced its intention to buy out Vigtory, a sports betting provider, to create a new breed of sports entertainment company that focuses on wagering and live streaming experiences for sports fans. Vigtory and FuboTV Seek Streaming and Betting Opportunities FuboTV, a provider of live streaming options for sports, is treading on sports betting […]
Business
January 13, 2021
William Hill Posts Stronger Q4 Results at End of Difficult Year
Global betting giant William Hill has posted stronger fourth-quarter results amid a challenging year. Executives remain optimistic about the future with William Hill US pending acquisition by Caesars. William Hill’s Q4 Results Mark Company’s Strength Despite headwinds in 2020, William Hill Plc reported strong Q4 quarter results, rounding up a pivotal year in the history […]
Industry
January 13, 2021
SiGMA Website Rebrand Reflects Global Commitment
In SiGMA Group’s latest website rebrand, the company reflects its ambition to continue catering to a global audience with a growing footprint worldwide. SiGMA’s Global Commitment to Gaming Continues in Site Rebrand SiGMA Group has launched its rebranded website as the organization’s commitment towards bringing a bona-fide iGaming industry experience continues. A natural continuation of […]