Business
March 11, 2021
DraftKings Strikes a Deal with Yuengling Brewery
Sports betting giant DraftKings has agreed on a partnership with America’s oldest brewery, D.G. Yuengling & Son. Yuengling & Son Are the DraftKings Tournament’s Official Sponsor Yuengling & Son and DraftKings have announced they have entered an official agreement. With this collaboration, the companies aim to bring fans together through people’s love of sports and […]
Business
March 11, 2021
Fred Done Appoints Joanne Whittaker as Betfred CEO
Fred Done, founder and CEO of Betfred, has stepped down from his position and has appointed Joanne Whittaker as the new CEO. Joanne left the company in 2005 and started her own successful business with financial backup from Done. Now she returns to Betfred as the new chief executive. Joanne Whittaker Replaces Fred Done as […]
Business
March 10, 2021
DraftKings Foresees $22 Billion in Handle in Fully Legal Online US Betting Market
The sports betting firm has improved its long-term financial projections after publishing strong 2020 results and due to heightened demand in online sports betting. EBITDA Expectations Up to $1.7 billion DraftKings has increased its long-term earnings before interest, tax, depreciation, and amortization (EBITDA) expectations from $1 billion to $1.7 billion. The forecast comes after the […]
Business
March 10, 2021
DraftKings Makes $350,000 Donation to Support Women-Owned Businesses
To commemorate Women’s Day, DraftKings has pledged to donate $350,000 to non-profit organizations supporting women around the world. DraftKings’ Direct Donation of $150,000 for Women’s Day Daily fantasy sports and betting operator DraftKings has promised to make a $350,000 donation to organizations in support of female-owned businesses. Along with an initial donation of $150,000, DraftKings will donate […]
Business
March 10, 2021
Bally’s Launches Richmond Casino-Resort Support Campaign
US gambling operator Bally’s Corporation has launched an awareness campaign for its $650 million casino resort in Richmond, Virginia. “Bally’s for RVA” Campaign Bally’s Corporation, a US provider of land-based casinos and gambling entertainment, rolled out Tuesday its “Bally’s for RVA” campaign to raise support for its proposed $650 million resort near Richmond, Virginia. The […]
Business
March 9, 2021
Bet-At-Home Proposes Dividend despite Slump in 2020 Business
Sports betting and gaming group bet-at-home.com AG released Monday its full calendar 2020 financial report posting double-digit decrease in gross betting and gaming revenue. 2020 Revenues Decrease The group revealed gross betting and gaming revenue in 2020 amounted to €126.9 million, 11.4% down compared to the €143.3 million the company generated in 2019. The slump […]
Business
March 9, 2021
Scientific Games and Tennessee Education Lottery Extend Deal
Gaming industry technology supplier Scientific Games announced today a 5-year extension to its deal with the Tennessee Education Lottery Corporation, to continue to provide the lottery with a number of products and services. Successful Partnership Set to Continue The Tennessee Education Lottery Corporation will continue to drive funding for education in the state via the […]
Business
March 9, 2021
Sportradar Reportedly Goes Public through Horizon Acquisition Corp. II
Sports integrity and data company, Sportradar, is going public through Horizon Acquisition Corp. II, a source has revealed for Sportico. The two companies reportedly have already entered into private negotiations. A Deal Valued at $10 Billion Sportradar, the Swedish gambling data and integrity company, announced recently that it is in talks to go public through […]
Business
March 9, 2021
Blok Sports to Empower Betting Between Friends through Blockchain
Former SVP at FOX Network Groups has detailed his Blok Sports blockchain-based sports betting project that will offer to make up for the shortcomings of traditional sportsbooks. Mitchell Chun Sees Blok Sports as Better Future of Betting Blok Sports founder and CEO Mitchell Chun has vast experience in the world of sports and now sports betting. A former […]
Business
March 9, 2021
FanDuel, Boyd Gaming to Launch Stardust Casino in New Jersey, Pennsylvania
Boyd Gaming Corporation and FanDuel Group have plans to resurrect the famous Las Vegas Strip resort Stardust in a real-money online casino brand. Expected Stardust Casino Launch Is Currently Set for April FanDuel and Boyd Gaming Corporation announced their plans to launch a shared venture with the Stardust-branded online casino in Pennsylvania and New Jersey. The duo expects to launch […]