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Business News and Headlines
Business
June 14, 2022
Entain to Buy BetCity for up to €850M as It Enters Dutch Market
Gambling and entertainment industry behemoth Entain has announced that it has agreed to acquire online sports betting and gaming brand BetCity for an initial consideration of €300 million ($312.9 million). There will also be a deferred contingent consideration of up to €550 million ($574.5 million). The deal itself may be worth up to €850 million […]

Business
June 13, 2022
PointsBet Rebuffs Acquisition Offer for Its Australian Arm
The board of directors of PointsBet allegedly turned down an acquisition offer by a consortium led by Rupert Murdoch’s News Corp Australia. The proposed deal was for up to $211.1 million, but PointsBet directors did not present it to shareholders in the company. PointsBet’s board, which is currently led by former UBS banker Brett Paton, […]

Business
June 13, 2022
NetGaming and 888 Tie Content Deal for UK and International Markets
888casino, one of the world’s leading online casino brands and part of 888 Holdings plc (LSE: 888), is pleased to announce that it has teamed up with rising-star iGaming casino content developer NetGaming to provide players with a formidable portfolio of gaming titles. 888casino will benefit from a range of intuitive games that are designed […]

Business
June 13, 2022
Revpanda Brings Glenn Debattista as Company COO
Revpanda, an award-winning performance marketing agency, has announced the appointment of iGaming veteran Glenn Debattista as the company’s new chief operating officer. Debattista has recently stepped down as head of product for Web International Services Ltd and brings a wealth of experience to Revpanda. Revpanda Bolsters Executive Team As a chief operating officer with Revpanda’s […]

Business
June 10, 2022
PointsBet Unveils Key Marketing Leadership Appointments
Seeking to bolster its brand marketing efforts, the leading sportsbook for live betting, PointsBet, announced strategic marketing hires Thursday. The Leading iGaming Operator Selects New VP of Brand Strategy and Marketing PointsBet said that it selected Ansley O’Neal, who spearheaded consumer-facing brands of the International Olympic Committee, to serve as the company’s new VP of […]

Business
June 10, 2022
FanDuel Dominates the National TV Gambling Ads with 34% Share of Impressions
Sports wagering ads are on the rise with TV commercials featuring sports gambling products increasing exponentially according to a new survey by iSpot.tv. TV and ad spending has risen three-fold during the last nine months, with some $282 million dedicated to pushing gambling ads involving sports on televisions across the United States. Brands Willing to […]

Business
June 9, 2022
Slotmill Announced New Distribution Deal with Games Global
Provider of premium casino games Slotmill announced on Wednesday it has entered into a new distribution agreement with aggregation platform operator Games Global. Access to ‘Fantastic Distribution Platform’ The new distribution deal between Slotmill and Games Global will see the current portfolio of slot games of the innovative game studio, as well as future titles, […]

Business
June 9, 2022
Las Vegas Sands Invested in the Software Firm Huddle Tech
Las Vegas Sands, a casino and resort company, has opted to invest in Huddle Tech, a gaming software company. Through this deal Sands demonstrates its commitment to US iGaming despite recently switching its focus to Asia. Sands Invests Domestically The two parties refused to disclose the size of Las Vegas Sands’ investment. However, the purpose […]

Business
June 9, 2022
Head of Marketing Petr Royce Leaves Fortuna Entertainment Group
Fortuna Entertainment Group (FEG), the biggest Central European betting operator, will be looking for a new group of acquisition, CRM & marketing innovation as Petr Royce has announced he is leaving the company after six years of service. Royce expressed his gratitude to his team and everybody working at the company. He hinted that in […]

Business
June 9, 2022
Two Australian Watchdogs Back Blackstone-Crown Resorts Deal
The Blackstone Group has cleared an important hurdle as it pivots towards the acquisition of Crown Resorts Ltd. The company has got the go-ahead by regulators in Victoria and New South Wales with the Victorian Gambling and Casino Control Commission (VGCCC) and the New South Wales Independent Liquor and Gaming Authority (ILGA) backing the move, […]
