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Business News and Headlines
Business
February 16, 2022
Parleh Media Group and SharpRank to Advise Bettors on the Best Wagering Opportunities
Parleh Media Group and SharpRank have struck a new partnership that will seek to help sports bettors make better-informed decisions and bring stronger overall entertainment value to players. SharpRank will integrate its ranking system into Parleh’s own customer offering, enabling consumers to make smarter calls about whether values are good value. More Bang for Your […]

Business
February 16, 2022
Genting HK Continues to Seek Ways to Recover from Financial Disaster
Genting Hong Kong’s liquidators are investigating the possibility of potential buyers for many of the company’s assets. Although there was some discussion about re-financing assets in Asia, it seems that assets in Germany, including the huge Global Dream cruise ship, and those of Crystal Cruises, based in the US, may be sold to multiple buyers. […]

Business
February 16, 2022
Encore Boston Harbor the Latest to Become an REIT Property
Encore Boston Harbor is the latest gaming property to fall victim to the real estate investment trust (REIT) takeover. Wynn Resorts will sell the Massachusetts casino’s land and real property to Realty Income for $1.7 billion in cash. As is standard in REIT transactions, Wynn will continue to operate the property. Wynn Unloads Encore Real […]

Business
February 16, 2022
BetSwap and Amelco Team up for Secondary Market Engagement in US
BetSwap Limited, a fully-integrated secondary marketplace for sportsbooks, is now going to help Amelco, a sportsbook and platform provider, increase its exposure on the US market and deliver on various synergies benefiting both businesses operations in the region. Amelco is hoping to provide a higher added-value product that will enable partner operators to benefit from […]

Business
February 15, 2022
Stats Perform’s AI Services Hired by Thai Soccer Association
Stats Perform, a global sports data technology company leveraging artificial intelligence (AI), announced this week the Thailand Football Association joined the ranks of the firm’s business partners. Elevate Thai Soccer to the Next Level By becoming the latest sports organization to choose sports AI and the services of Stats Perform as its exclusive official data […]

Business
February 15, 2022
Passport Technology Expands Washington State Presence
Not too long ago, Passport Technology descended on Washington State when it entered an agreement with the Angel of the Winds Casino Resort. That was last September, and now the multi-service payment solutions provider is expanding its presence in the state. It has secured a new partnership with the Lucky Eagle Casino & Hotel. Passport […]

Business
February 15, 2022
MGM Resorts Continues Buying Back Shares
Along with one of its major stockholders, MGM Resorts International is taking back more control of the company. MGM announced this week that it and IAC/InterActiveCorp (IAC), a US media and technology firm, will acquire 4.5 million shares of MGM Resorts common stock from another shareholder, Corvex Management LP. MGM Resorts Takes Back Control MGM […]

Business
February 14, 2022
PointsBet Canada Considers Expanding Operations in Alberta
PointsBet Canada is mulling on expanding operations in Alberta, attracted by the continuous diversification as a tech hub of the province and the importance of the Calgary-Edmonton Corridor. ‘Talent and Highly-Skilled Workforce’ PoinstBet Canada is considering an expansion of its sports betting operations in Alberta, driven by the province’s avid sports fan base and business-friendly […]

Business
February 14, 2022
Betway Named Stock Car Pro Series Brazil’s Official Sponsor
Betway continued to expand its presence in Latin America after an exclusive partnership with Stock Car Pro Series Brazil named the sports betting and gaming brand an Official Sponsor of the series. First Motorsports Sports Deal The deal signed between Super Group-owned Betway and Brazil’s touring car auto racing series Stock Car Pro Series Brazil […]

Business
February 14, 2022
GiG and Betsson Group Extend Partnership through 2025
Gaming Innovation Group and Betsson Group are onto a good thing and they are nowhere near ready to throw in the towel just yet. The companies are extending their long-term partnership yet again that will cover platform and managed services across multiple jurisdictions and aspects of the industry. Commenting on the current extension of what […]
