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Business News and Headlines
Business
June 29, 2022
Bally’s Inks $1B Sale-and-Leaseback Deal for Rhode Island Casinos
Bally’s Corporation has said yes to a massive sale-and-leaseback deal valued at $1 billion for its Rhode Island casinos, Tiverton Casino and Hotel and Twin River Lincoln Casino. Both will be purchased by GLP Capital, which is Gaming and Leisure Properties’ operating partner. Once the sale will be completed, Bally’s will instantly lease them back […]

Business
June 29, 2022
1×2 Network Appoints ex-Entain Head of Slots as New CPO
1×2 Network is strengthening its expertise in the slot segment by adding a well-seasoned veteran who will help the company steer its products, reach new audiences, and generally improve on its offer. Alex Ratcliffe to Lead Data-Driven Production To this end, 1×2 Network has chosen Alex Ratcliffe, a former Entain head of slots, who will […]

Business
June 28, 2022
Hann Casinos in the Philippines Plan additional $1B Investment
Hann Philippines, a casino resort operator in the Philippines, is planning to expand its casino and hotel offerings over the next five years expecting demand from South Korea and Macau. Back to Pre-Pandemic Levels Formerly known as Widus Group, Hann Philippines initially announced its plans to revamp the Widus Resort located in the Clark Freeport […]

Business
June 28, 2022
BetMGM Enters Broader Partnership with BetQL
BetMGM, which is the sports bets division of MGM, has broadened its partnership with audio and entertainment company Audacy’s BetQL, getting exclusive rights to become the company’s sportsbook. The two companies have signed an agreement for a period spanning over the usual 12-month contract term. BetMGM’s Brand Promoted Across All BetQL Content BetMGM’s has gained […]

Business
June 27, 2022
Sportradar Introduces All-in-one Sportsbook Solution ORAKO
Sportradar continues to innovate the sports betting landscape by bringing some of the most powerful technology solutions to the fore. The latest such initiative and product called ORAKO is seeking to follow this mission statement as it would prove to be what the company has described as an “all-in-one sportsbook solution.” ORAKO Set to Become […]

Business
June 27, 2022
JP Morgan: Aristocrat’s FY Revenues to Go Up by 20%
The Australian arm of JP Morgan, a global leader in financial services, announced that Aristocrat Leisure, a global gaming content and technology company, is experiencing a strong post-pandemic recovery. The finance specialists said that the company’s business has recovered beyond pre-COVID levels and will likely keep on growing. JP Morgan Forecasts Growth for Aristocrat Experts […]

Business
June 27, 2022
Light & Wonder Brings Back CTO Steve Beason as President of Digital
As Light & Wonder continues to double down on its digital offering, it needs more experienced and trusted iGaming veterans to help steer the company towards success. This is where former CTO Steve Beason comes in. The returning industry heavyweight will assist Light & Wonder in its pursuit of better market positioning and share, as […]

Business
June 27, 2022
Videoslots Adds RAW’s SuperSlice and SuperTracks Engines
Videoslots, an operator of iGaming products, will go live with RAW’s dedicated slot games under the SuperSlice engine, pending patent approval. This will be a first for the European market as RAW is launching the gameplay feature with Videoslots in a bid to break ground and introduce the innovative experience to audiences in licensed markets. […]

Business
June 27, 2022
Bally Bet to Face a Tough Fight in New York after Delayed Launch
According to industry insiders, sportsbook operator Bally Bet may finally launch in New York within the next week. The Rhode Island-based brand will be the last of the state’s nine regulated sportsbooks to launch and will face an uphill battle to secure a market share. Recent Launch Delays Could Be an Intentional Move by Bally’s […]

Business
June 24, 2022
Catena Media Integrated Spotlight Sports Group’s Superfeed
Sports betting technology, content, and media company Spotlight Sports Group announced today an agreement with online lead generation specialist Catena Media for the integration of Spotlight’s Superfeed content into Catena Media’s GG.co.uk and racingtips.com horse racing websites. ‘Insightful Betting Analysis’ The new agreement with Spotlight Sports Group will bring the entire international content provided by […]
