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Business News and Headlines
Business
January 6, 2022
GNOG Shareholders, Investor File Fresh Lawsuits against Fertitta
New legal clouds gathered above the acquisition of Golden Nugget Online Gaming (GNOG) by DraftKings after two new lawsuits were filed against Tilman Fertitta and his participation in the deal. Fresh Lawsuits The new suits claim some of the financial and commercial terms of the $1.56 billion transaction benefitted unfairly Fertitta and several board members […]

Business
January 6, 2022
Golden Nugget and OtherLevels Extend Partnership By Two Years
Sports-oriented customer-engagement platform OtherLevels has negotiated to extend its partnership with the gambling operator Golden Nugget Online Gaming. The agreement will see the two parties collaborate for two more years. The Parties Extended Their Partnership by Two Years OtherLevels and Golden Nugget’s relationship first began in 2015 when the two scored their first deal. The […]

Business
January 6, 2022
Betway Broke Ground in French Soccer with Ligue 2 Toulouse FC
Online gambling brand Betway continued to expand its presence in sports after a sponsorship deal with French Ligue 2 side Toulouse FC ensured brand visibility in the second echelon of French soccer. Breaking Ground in French Soccer The multi-year sponsorship agreement signed between Super Group-owned Betway and Ligue 2 Toulouse FC marked the first sponsorship […]

Business
January 6, 2022
FanDuel Teams up with Sports Gambling Guides to Boost Marketing
FanDuel has minted a new partnership, Sports Gambling Guides (SGG), focusing on a social media marketing agreement that will reach out to SGG’s 10 million sports fans across numerous social media channels. This includes Instagram, Twitter, and other platforms that aggregate the targeted audience. Building Tailored Content Through Social Media “Sports Gambling Guides, LLC is […]

Business
January 6, 2022
Luckbox Charts a Busy Year of Player-Acquisition and Growth
Shortly after Rivalry posted its outlook for 2022 and recapped most of what had been achieved in 2021, Lockbox joined with an investor update of its own. Both companies are a rare breed of esports-first betting agencies that gradually branched out to include other aspects of the iGaming experience, such as casino gaming and sports. […]

Business
January 6, 2022
Golden Nugget Owner Wants $5.5 Billion to Help Refinance Existing Debt
Tilman Fertitta, the owner of the Golden Nugget brand, has launched a $5.6-billion refinance exercise of his casino and restaurant business. It comes just one month after the company dropped plans to merge with a blank-check entity. Big Money for Big Stakes Fertitta’s Golden Nugget Inc. approached the leveraged loan market and junk bond markets […]

Business
January 6, 2022
MGM Shuffles Around Casino Leaders in a Game of Musical Chairs
Travis Lunn was named Wednesday the new president for Atlantic City’s Borgata, per an announcement by the casino’s owner, MGM Resorts International. At the same time, Brandon Dardeau was promoted to take over Lunn’s former position of president and chief operating officer (COO) of southeast operations for MGM. Borgata Gets a New Boss In Lunn’s […]

Business
January 5, 2022
GeoComply Adds Gabriel as Senior Director of Global Markets
Geolocation tech specialist GeoComply made its first high-profile addition for 2022, Sarafina Wolde Gabriel, who was appointed as Senior Director of Global Markets to bolster the firm’s commercial and business development strategy. Switch from Digital Marketing to Cybersecurity The news that Sarafina Wolde Gabriel joined the ranks of GeoComply as its Senior Director of Global […]

Business
January 5, 2022
IMG ARENA Acquired LPGA Tour’s Data and Distribution Rights
IMG ARENA and the Ladies Professional Golf Association (LPGA) Tour signed an agreement under which the leading sports betting service and content hub secured the official sports betting data and live streaming distribution rights of the women’s professional golf association. Interactive Data and Content The deal between London-based IMG ARENA and one of the longest-running […]

Business
January 5, 2022
Pragmatic Play Brings Irina Cornides to Spearhead Growth in 2022
Pragmatic Play has a new chief operating officer in the face of Irina Cornides, who is joining the team to strengthen the supplier’s presence in the iGaming industry. With a strong pull among peers and a proven track record of excellence, Cornides is the right fit for the company, Pragmatic argues. She has held similar […]
