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Jerome García's latest articles
Jerome García
JournalistJerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Industry
August 11, 2021
Fanatics Hits $18bn in Valuation on Tail of Funding Round
While hiring industry professionals and preparing for entering the sports wagering and gaming field, Fanatics completed its most recent capital raise. In the latest funding round, the company raised $325 million and sent its value to $18 billion. Fanatics Plans Expanding to Gaming and Sports Wagering Fanatics is a company founded in 1995 in Jacksonville, […]
Business
August 10, 2021
Flutter Releases Interim H1 2021 Results, Hits $4.2bn in Revenue
Flutter Entertainment released its interim results for the first half of 2021. The company outlined that its group pro-forma revenue hit $4.2 billion, marking a 30% increase when compared to the same period last year. Moreover, the company performed extremely well within the US, UK and Australian markets. Flutter Reveals Interim Results for H1 2021 […]
Industry
August 10, 2021
WynnBET Names Shaquille O’Neal Brand Ambassador
WynnBET entered into a long-term agreement with Shaquille O’Neal, the former professional basketball player and NBA icon. Under the agreement, O’Neal will become an ambassador and will serve as a strategic advisor for the brand. Basketball Icon Shaquille O’Neal to Become Brand Ambassador for WynnBET Wynn Resorts’ sports betting brand, WynnBET, announced on Monday that […]
Casino
August 9, 2021
Judge Reportedly Orders Red Rock to Start Talks with Unions
After several attempts for Red Rock Casino employees to join the Culinary Union in Las Vegas have failed, the matter reached the US District Court. Last month, Judge Gloria Navarro ordered the venue to start collaborating with unions. Now, reportedly Judge Navarro reaffirmed her ruling, asking Red Rock to immediately start talks with the Culinary […]
Industry
August 9, 2021
Sportech Unveils Tender Offer for Buying $49.2M in Shares
On Friday of last week, Sportech, the sports betting technology company, announced the launch of a proposed tender offer. With the tender, the company plans to return up to $49.2 million to shareholders. Sportech Launches Tender Offer Sports betting technology company Sportech PLC announced the launch of a proposed tender offer on Friday of last […]
Industry
August 6, 2021
Adex Releases a Report on Ad Fraud Targeting Gambling Campaigns
Adex, the expert in fraud-free advertising released a new report. The report provides an insight into ad frauds, affecting the online gambling industry. New Report Shares an Insight on Ad Frauds Expert in fraud-free advertising, Adex released a new report, identifying ad frauds impacting gambling campaigns. Conducted over 5 months, the study analyzed 4 key […]
Legal
August 6, 2021
Transnational Money-Laundering Leader Pleads Guilty
US citizen Xizhi Li participated as a leader in a money-laundering network, pleaded guilty earlier this week. After a massive cross-agency investigation, the Department of Justice found out that the organization laundered millions of dollars. If found guilty, Li may be facing 20 years in prison. Multi-Million Money-Laundering Scheme Uncovered Earlier this week, a US […]
Sports
August 5, 2021
PointsBet Names Notah Begay III Global Golf Ambassador
Under a new long-term agreement, Notah Begay III became the global golf ambassador for PointsBet. While the company plans to solidify its presence on the golf scene, it has also entered into collaboration with the NB3 Foundation. Notah Begay III Becomes PointsBet Global Golf Ambassador Premier global online gaming operator, PointsBet announced on Wednesday that […]
Industry
August 5, 2021
Sporttrade Gains Colorado Market Access via Momentum Sports Acquisition
By acquiring Momentum Sports, Sporttrade gained market access to Colorado. The company plans to launch its unique sports betting exchange services in the first half of next year. Sporttrade Acquires Momentum Sports, Prepares for Colorado Entry Sports betting company Sporttrade announced Wednesday that it acquired Momentum Sports and Entertainment. Momentum Sports is a Denver and […]
Industry
August 4, 2021
COVID-19 Testing in Macau Brings Unexpected Consequences
For more than a year, Macau did not have a single positive COVID-19 case. However, after four people tested positive with the Delta COVID-19 variant this week, the local government initiated mass testing. Reportedly, the testing resulted in a spike of players and employees leaving Macau, as well as a decrease in gaming stocks. Mass […]