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Business
August 6, 2021
Aspire Global Signs Casino and Sportsbook Deal with JNS Gaming
Gaming technology supplier Aspire Global has announced it has entered into a multi-faceted agreement with JNS Gaming to power the operator’s launch of a new casino and sportsbook brand. Full Suite of Products and Services The latest deal between Aspire Global and JNS Gaming covers the entire proprietary offering of the gaming technology firm, platform, […]
Business
August 6, 2021
Playtika Records Increased Profits, Will Explore More M&A Activity
Playtika, a leading social gaming business, had higher revenue and much lower costs of maintaining the company running, which is why H1 resulted in profits, stated the chief financial officer of Playtika. Statistics showed that for the first half of 2021, the revenue reached $1.30 billion, or an increase of 9.6%. While the $1.30 billion […]
Business
August 6, 2021
Illinois the Quickest in US History to Reach $5 Billion Sports Betting Handle
Sports betting in Illinois took $476.5 million in June, which is the lowest it’s been since December 2020. However, the state still managed to break the $5-billion mark faster than any other state to date. Sports Betting Handle in Illinois Slumps but Revenue Increases In June, sport wagering in Illinois dropped below $500 million for […]
Business
August 6, 2021
DraftKings Could be Coming to the Chicago Cubs and Wrigley Field
A visit to the iconic Wrigley Field in Chicago, IL, could be very different in the future. The field is home to the Chicago Cubs, who teamed up with DraftKings last year, and the idea since then has been to have a massive sportsbook at the stadium. That dream moved closer to reality this week […]
Business
August 6, 2021
Peer-to-Peer Sports Betting Platform ZenSports Moves into Nevada
First, there were straight bets on sports – moneylines, spreads, etc. Then came parlay bets, adding some new excitement to the market. As sports betting continues to evolve, increased exposure to peer-to-peer betting platforms is being found, an indication of the continued evolution of the industry. ZenSports isn’t the only one getting involved, but it […]
Business
August 6, 2021
MGM Resorts to Trim Back Its Corporate Structure, Possibly Explore More Online Ops
For those who missed the memo, the US gambling industry is about to embark on a journey into the unknown. There was a time, in the not-so-distant past, that just the mention of “online gaming” caused land-based casino executives’ hearts to skip a beat. Not anymore, though, and changes are coming. MGM Resorts International isn’t […]
Business
August 5, 2021
Playtech Board Unsatisfied with Gopher’s Response over Finalto Deal
Playtech released an official response to Gopher Investments’ statement regarding the sale of Finalto, reaffirming its recommendation to shareholders to approve the bid of the Consortium led by the Barinboim Group. Consortium Bid Still Recommended by the Board Playtech confirmed the Board’s stated strategy to simplify the company’s business with a swift disposal of Finalto, […]
Business
August 5, 2021
DraftKings and Genius Sports Sign New Supplier Agreement
Leading sports betting and gaming operator DraftKings signed a new supplier agreement with sports betting data and content provider Genius Sports to take advantage of its full range of official data and fan engagement solutions, including the complete suite of products related to the NFL. Immersive Customer Experience The agreement signifying the importance of official […]
Business
August 5, 2021
TVBET’s Full Portfolio of Live Games Is Now Available at BC.Game
One of the world’s leading live game providers, TVBET, has increased its global market presence by partnering with a cryptocurrency casino, BC.Game. Both of these companies have a common goal – to provide players with the best casino and betting solutions which is why this duo will unlock premium doors in the iGaming industry. The […]
Business
August 5, 2021
Penn National Gaming Set for $2bn theScore Acquisition
Penn National Gaming revealed today it entered into a definitive agreement for the acquisition of Score Media and Gaming in a cash plus stock deal worth approximately $2 billion. 50% Cash, 50% Common Stock Penn announced the agreement for the acquisition of theScore, a leading digital media, sports betting, and technology company, values each theScore share at $17.00 in cash plus 0.2398 shares […]