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Business News and Headlines
Business
September 29, 2023
Bally’s Lease Deal with the Trump Organization May Cost $100M
Earlier this month, the Trump Organization considered leasing the Trump Golf Links Ferry Point, a city-owned golf course in the Bronx to Bally’s. The casino giant continues its negotiations with the Trump family, with a New York casino license on the line. According to an earlier report, the golf course lease would be handed to […]
Business
September 29, 2023
Grand Sierra Resort Confirms Historic $1bn Investment in Reno
A historic billion-dollar investment in Reno, Nevada is expected to bring a unique form of entertainment for guests and sports fans of the city. Earlier this week, the Grand Sierra Resort (GSR) announced a $1 billion private capital investment, the largest in the history of the city. GSR’s billion-dollar plan seeks to revamp the existing […]
Business
September 28, 2023
Better Collective Plans Dual Listing on Nasdaq Copenhagen
Better Collective, a Nasdaq Stockholm-listed company, unveiled its plans for a second listing. As announced by the company, it plans to also list its shares on Nasdaq Copenhagen. Providing a few insights into its intentions, Better Collective informed the public that the second listing would, if approved, occur during the final quarter of the year. […]
Business
September 28, 2023
Atlantic Digital Forays into the US, Supplies Iconic Content to BetMGM
Online gambling powerhouse BetMGM has teamed up with Atlantic Digital, a game studio based in London. Under the agreement between the two parties, BetMGM will pioneer the supplier’s games in the United States. The deal will see BetMGM as the exclusive home of Atlantic Digital’s portfolio of cutting-edge games. These include the highly popular The […]
Business
September 28, 2023
888 Holdings Cautions Investors as Q3 Performance Falls Below Expectations
Leading betting and gaming group 888 Holdings has issued a cautionary statement to its investors, indicating that its Q3 performance may fail to reach initial expectations. The London Stock Exchange (LSE)-listed company remained optimistic that this downturn would remain temporary, expecting a swift recovery in 2024. This announcement closely mirrors that of Entain, signaling a […]
Business
September 28, 2023
Kambi Group Inks Partnership Extension with ATG
Kambi Group has extended its partnership with AB Trav och Galopp (ATG), a Swedish horse racing and sports betting company. Under the agreement, the former party will continue to supply its Swedish client with cutting-edge solutions. The two parties originally joined forces in 2018, allowing Kambi to roll out its products in Sweden. The partnership […]
Business
September 28, 2023
Betsson Obtains French License, Plans Betting Services Launch
Betsson Group, the globally recognized betting and gaming operator, announced today that it secured an important license, allowing it to continue its European expansion. The company revealed that it was granted a license in France, allowing it to roll out its sports betting services within the regulated gambling market in the country. The market entry […]
Business
September 28, 2023
Pariplay Plans Expansion in South Africa via Bet Network Deal
NeoGames subsidiary and leading content provider and aggregator, Pariplay, continues to expand its global footprint after announcing a new important partnership. The company unveiled Thursday it joined forces with Bet Network, paving the way for its expansion in the regulated gambling market in South Africa. Under the terms of the new agreement, Pariplay will leverage […]
Business
September 27, 2023
GAN Confirms Dermot Smurfit Steps Down from CEO Role
The leading North American business-to-business (B2B) technology provider of gaming solutions and international sports betting operator, GAN, announced changes to its senior-level management team. On Wednesday, the company confirmed that its Board of Directors accepted the resignation of Dermot Smurfit from his role as director of the company and its subsidiaries and chief executive officer […]
Business
September 27, 2023
Flutter Agrees to Acquire 51% Stake in MaxBet via $149M Deal
Global betting and gaming company, Flutter Entertainment, announced a major Balkan-facing acquisition. On Wednesday this week, the company revealed it acquired a 51% stake in the omni-channel sports betting and gaming operator with a strong presence in Serbia, MaxBet. The acquisition is subject to relevant regulatory clearances and has a cash consideration of €141 million […]