Business
February 24, 2021
Catena Media Breaks All-Time High in US Revenues in December
Publishing its year-end report for 2020, Catena Media posted operating revenues of €26.6 million for the last quarter of the year, an increase of 0.3% from Q4 2019. Record Revenue in Q42020 Due to US Growth Malta-based Catena Media published its financial results for the last quarter of 2020 and the whole financial year on […]
Legal
February 24, 2021
North Dakota May Ask Voters to Allow Sports Betting and Gambling
North Dakota House wants voters to decide whether to allow online poker and sports betting in one of the most conservative states. Representatives in North Dakota Outline Gambling Rules A majority of North Dakota House of Representatives has supported House Concurrent Resolution 3032, with a 70-24 vote to allow sports betting in the state. There was also a forward movement […]
Legal
February 24, 2021
HB 2070 Will Allow Texas Pro Teams to Operate as Sportsbooks
Texas is the latest US state to consider the legalization of sports betting, after a bill seeking a constitutional amendment to authorize legal wagering was filed Tuesday in the legislature. Texas Divided on Sports Betting Contrary to Lt. Gov. Dan Patrick’s predictions that no sports gambling bill would be filed this legislative session, Rep. Dan […]
Legal
February 23, 2021
South Dakota Dismissed Sports Betting at Bars and Restaurants
A proposal to allow bars and restaurants and other establishments holding a liquor license in South Dakota to accept sports wagers on behalf of Deadwood casinos was dismissed Monday by state legislators. Sports Betting at Casinos Only The proposed by Rep. Mark Willadsen HB 1211 was voted down 9-4 in the House State Affairs Committee […]
Sports
February 23, 2021
One Championship Mixed Martial Arts Firm Seeking SPAC Merger
One Championship, a mixed martial arts (MMA) sports media company from Singapore, is actively seeking to go public in the US via a merger with a special purpose acquisition company (SPAC), Bloomberg reports. Preparing for Public Listing According to unnamed sources familiar with the matter, One Championship has already contacted Credit Suisse Group AG and […]
Industry
February 23, 2021
Nevada Gaming Industry Ready to Bounce Back after 2020
The COVID-related shutdown severely impacted the gaming revenue in Nevada last year. However, considering the gradual lifting of restrictions, the industry may soon begin its economic recovery. 2020 Proved to Be Incredibly Difficult Year for Nevada’s Gambling Operators Nearly one year has passed since the COVID-19 shutdown which was introduced in Nevada. The shutdown started […]
Industry
February 23, 2021
Small Gambling Operators in Alabama Fighting for Inclusion
The Alabama Senate is expected to vote today on Senator Del Marsh proposed gambling bill to legalize sports betting, a state lottery and casinos in 5 locations around the state. Other Gaming Establishments Feel They Need to Be Included However, there are more than five gambling operators in the state and they are concerned for […]
Casino
February 23, 2021
Richmond, Virginia Could Have a World Class Resort by 2024
Bally’s Corporation, a U.S. gaming company, has submitted a proposal to Richmond, Virginia, to build a $650 million World Class Resort and Casino. Bally’s Richmond Casino Resort Could Attract 3.7 Million Visitors According to the proposal, “Bally’s Richmond Casino Resort” would consist of a 4-star hotel, superb dining amenities, pool and spa, state-of-the-art casino, and […]
Blockchain
February 23, 2021
MoneyGram Pauses Collaboration with Ripple Temporarily
Upon releasing its 2020 full-year financial results, MoneyGram announced that it is not planning benefit from market development fees from Ripple. The main reason behind the company’s decision is the uncertainty, brought by SEC’s ongoing legal complaint against Ripple. MoneyGram Halts Collaboration with Ripple US-based money transfer company, MoneyGram announced that it is not planning […]
Business
February 23, 2021
TheScore Prepares 5m Class A Share for US Public Offering
TheScore prepares to issue 5,000,000 Class A Shares for its US public offering. The company will list the shares on NASDAQ with the “SCR” ticker. TheScore to Issue 5m Class A Shares as It Goes Public Score Media and Gaming Inc. announced on Monday it is launching a public offering of Class A Subordinate Voting […]