Business News and Headlines
Business
December 30, 2020
Flutter Entertainment Completes $4.2bn FanDuel Stake Buyout
The end of the year is an ideal time to wrap things up, and Flutter Entertainment (FLTR.L) is heading out of 2020 with no loose ends, after announcing earlier today that it has completed the acquisition of a 37.2% stake in FanDuel Group. Flutter has bought out the share from Fastball Holdings for $4.2 billion […]
Business
December 29, 2020
VSiN and iHeartMedia Expand Existing Partnership Deal
Sports betting network VSiN announced today it expanded an existing partnership deal with iHeartMedia to bring its unique sports betting markets coverage to iHeartRadio. The leading three-in-one free digital music, radio and podcasting platform will serve as a vehicle to increase VSiN’s audio reach to new listeners for free starting January 1, 2021. “We’re thrilled […]
Business
December 29, 2020
Shareholder Vote Clears BetMakers’ Way to Acquire Sportech
Horse racing betting technology supplier BetMakers Technology Group announced today in a filing to the Australian Stock Exchange (ASX) the remaining obstacle on the way to completion of the acquisition of Sportech’s racing and digital assets has been cleared, after shareholders of the online sports betting company voted in favor of the transaction. Shareholder Approval […]
Business
December 29, 2020
Pragmatic Play Breaks Ground in Croatia with Novomatic’s Admiral Casino
Pragmatic Play has added another market to its growth list in 2020 with an end-of-year deal in Croatia and Novomatic’s Admiral Casino. Novomatic’s Admiral Casino Gets a Pragmatic Play Boost With mere days left on the calendar year, Pragmatic Play is still pressing on with its end-of-2020 business plans, breaking ground in new territories through […]
Business
December 28, 2020
Leadstar Lands iGaming License in Pennsylvania
Leadstar Media has landed a license for its online casino and sportsbook operations in Pennsylvania, its third license in the US. US Expansion Continues Online lead generation firm Leadstar Media has strengthened its US footprint through the acquisition of an online casino and sports betting license in Pennsylvania. This third license in the US allows […]
Business
December 28, 2020
Historic Horse Racing Slots to Arrive in Dumfries, Virginia
Rosie’s Gaming will open its new venue in Dumfries, Virginia early next month. The venue will feature 150 Historical Horse Racing slot machines. Initially, some slots may be disabled due to social distancing protocols in light of the pandemic. Rosie’s Gaming Opens New Venue in Dumfries Next Month A new Rosie’s Gaming venue is expected […]
Business
December 28, 2020
William Hill Acquires Alfabet to Enter Colombian Market
UK-based sports betting and online gaming operator William Hill announced Sunday it acquired a majority stake in Alfabet S.A.S. to mark its first entry into a regulated gambling market in Latin America. “We are delighted to announce our acquisition of a majority share in Alfabet S.A.S, and with it, our first entry into a regulated […]
Business
December 27, 2020
Trading Update: BTC Soars to $28,400, Retracts to Sub-$27K
Bitcoin takes a tumble to $27,200 only minutes after hitting $28,400 earlier today. BTC is currently trading at $26,957.90 as of 11:30 pm ET. Bitcoin Falls to $27,200 Minutes after Hitting $28,400 Over the past 24 hours, Bitcoin’s price has been heading firmly upwards. Minutes after it had hit $28,400 in price valuation, however, the […]
Business
December 27, 2020
Bitcoin Rally Surges Past $28,000, Tops $500B Now
A holiday surge has driven Bitcoin’s value which has now hit $28,220.50 and a market cap of $524.65 billion. Bitcoin’s Value Hits $28,220, No End in Sight The 2017 Bitcoin fiasco is far from sight and even though fears that BTC may once again take a precipitous plunge the currency is in an upswing. Bitcoin’s […]
Business
December 26, 2020
Ripple’s XPR Token Experiences Strong Value Fluctuation
Ripple’s XPR token is down 17%, following the rapid drop on Wednesday and the sudden spike on Friday. Fluctuation Following SEC Lawsuit Ripple’s XPR cryptocurrency is experiencing significant fluctuations. XPR is a Real Time Gross Settlement System that allows traders to circumvent the traditional fees and wait times associated with banks. On 24 December, the […]