Business
May 5, 2021
Aspire Global Achieved Q1 2021 Record High Revenue and EBITDA
Aspire Global released in a trading update today its 2021 first quarter report posting another quarter of record high revenue and earnings before interest, tax, depreciation and amortization (EBITDA). Quarter Figures The technology solutions provider for the iGaming industry picked up in 2021 right where it left in 2020, posting revenue of €48.1 million for […]
Business
May 5, 2021
Caesars Rebrands William Hill, Ready to Sell Non-US Assets
US casino giant Caesars Entertainment announced plans to significantly ramp up investment in the sports betting space and become a leading sportsbook operator nationwide. Having completed the $3.7 billion acquisition of UK-based sports betting company William Hill in late April, Caesars is now ready to offload its non-US assets. Sale Should Be Complete This Time […]
Business
May 5, 2021
FanDuel Gets Closer to Launching Fantasy Sports Gambling in Louisiana
A total of 55 parishes in Louisiana support sports wagering. While FanDuel is currently collaborating with the local authorities about the launch of its product, it is up to the lawmakers to give the green light. If Louisiana’s legislature approves the activity, it may be launched just in time for the start of the football […]
Legal
May 5, 2021
Legislators in Rhode Island to Review Gambling Contract with Bally’s and IGT
Rhode Island’s House Finance Committee is going to review an updated version of a gambling contract between the Rhode Island Lottery, IGT, and Bally’s Corp tomorrow. The updated contract proposes the creation of new workplaces and is expected to bring the state approximately $300 million annually. RI Lawmakers to Review an Updated Gambling Contract An […]
Casino
May 5, 2021
Vegas Returns to Normal as Regulators Realize Online is the Place to Be
Several casinos in Las Vegas are now back to pre-COVID-19 operating levels, having met the state’s vaccination requirements for their workforces. Wynn Resorts returned to 100% capacity at its two Strip properties after showing that 88% of its workforce there had received the vaccine and the Cosmopolitan has now joined, as well. It was allowed […]
Casino
May 5, 2021
Red Rock Resorts Sells Palms Casino in Vegas for $650 Million
When Las Vegas started crawling back to life last summer, it would have been expected that casino operators would want all of their venues operational to make up for lost time. However, Red Rock Resorts, the parent company of Station Casinos, kept four properties closed. That was a definite sign that trouble was ahead and […]
Business
May 5, 2021
FanDuel and The Ringer Bet Heavily on Fan-Focused Experiences
The Ringer and FanDuel have signed a year-long partnership to seek better engagement with audiences, which company executives describe as “absurdly fan-focused.” FanDuel and The Ring Boost Fan Experience through Partnership FanDuel Group and pop culture website The Ringer has signed a new partnership that will focus on promoting each brand’s assets. The partnership will […]
Business
May 4, 2021
Catena Media Acquires Sports Affiliation Lineups for $39.6M
Online lead generation firm Catena Media announced today it acquired online sports affiliation Lineups.com to strengthen its position in the US sports betting arena. Payment Details Catena Media revealed a total of $39.6 million will be paid in cash in 3 installments spread over a period of 2 years, with another half-a-million payable upon fulfillment […]
Business
May 4, 2021
XB Net and Entain Will Continue to Deliver Racing Content
XB Net, a global betting premium supplier for horse and greyhound racing, has renewed its partnership with Entain, international gaming and sports betting operator. Xb Net Continues Its Collaboration with Entain XB Net, a global wagering solution and leading premium supplier of content for horse and greyhound racing in North America, has announced the renewal […]
Business
May 4, 2021
New Jersey to Ease COVID-19 Restrictions on May 19
New Jersey continues to gradually ease COVID-19 related restrictions. Governor Phil Murphy announced on Monday that businesses such as casinos, restaurants, gyms, and other venues will be allowed to operate at 100% capacity, effective from May 19. COVID-19 Related Restrictions to Be Lifted on May 19 in New Jersey Governor Phil Murphy announced on Monday […]