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Business News and Headlines
Business
January 18, 2022
NeoGames Plans to Purchase Aspire Global for $480M
NeoGames, a leading end-to-end iLottery provider, has announced that it made an offer to purchase 100% of Aspire Global’s shares. The current offer is $480 million. A statement by both companies reveals that the price per share is $38.01, the equivalent of SEK111. The Purchase to Complete in Cash and Equity The current offer by […]

Business
January 18, 2022
Mass-Market Gaming the Big Winner in Macau in 4Q2021
Mass gaming is going to be the big driver of gross gaming revenue (GGR) in Macau. This trend already began last year and will become more pronounced as junkets continue to lose their spot. The last quarter of 2021 saw how important the mass-market gaming segment was for the city’s GGR, blowing away the VIP […]

Business
January 18, 2022
Genting Hong Kong Waves the White Flag, Files for Bankruptcy Protection
Genting Hong Kong has been denied its only hope. The company, a division of Genting Group, was ruled out by a German court as the cruise operator sought funding from the State of Mecklenburg Vorpommern in the amount of $88 million. Now, the company is being forced to file for bankruptcy protection. Genting Hong Kong […]

Business
January 17, 2022
William Hill Signed Content Deal with Real Dealer Studios
William Hill has been offering its players a taste of a new online casino experience since January 6, 2022, after the first of five popular titles from Real Dealer Studios launched with the gaming group. Quality Content and Immersive Gameplay The first title under the partnership deal between William Hill and Real Dealer Studios is […]

Business
January 17, 2022
Gila River Hotels & Casino Rebrands Itself as Wild Horse Expansion Rolls On
Arizona-based casino operator Gila River Hotels & Casinos is going through a transition. The casino industry is becoming more competitive in the state, and it wants to keep up. Gila River will host a celebration weekend at Wild Horse Pass this month to celebrate the $180-million expansion of the Wild Horse Pass and the opening […]

Business
January 17, 2022
Churchill Downs Solidifies Murr’s Position as President of TwinSpires
With sports betting still gaining ground in the US, Churchill Downs Inc. (CDI) isn’t going to leave anything to chance. The company announced last Friday that Ben Murr was named President of TwinSpires and Online Gaming, losing the “interim” tag that had been part of his title. He will be responsible to oversee the operations […]

Business
January 17, 2022
Mississippi Casino Workers Accused of COVID-19 Fraud, Must Return Benefits
Some South Mississippi casino workers recently received a letter from the Mississippi Department of Employment Security (MDES) they weren’t expecting. It told them that they have to repay certain state unemployment benefits received during the COVID-19 pandemic. At the same time, the MDES accused them of fraud. Mississippi Goes After Casino Workers All 12 Coast […]

Business
January 14, 2022
Looking to Become Netflix of Sports, DAZN Wants to Buy BT Sport
DAZN is looking to rapidly expand its reach with sports audiences around the world. Self-styling itself as the “Netflix of sports” whether the company reaches this goal would depend on how well it strikes home with sports audiences around the globe. Netflix provides quality content en masse to all of its subscribers. DAZN has managed […]

Business
January 13, 2022
Aaron Speach to Hold a Speech at the Needham Virtual Growth Conference
It was announced that Aaron Speach, the chief executive officer of the leading global esports tech and betting provider Esports Technologies, will hold a speech where he will address the company’s state of affairs and future plans. Speach to Address the Company’s Shareholders and Investors Speach’s panel is scheduled to take place on January 14 […]

Business
January 13, 2022
Betby Brings Products onto EEG’s Vie.bet and SportNation
Betby will help Esports Entertainment Group to power its betting brands Vie.bet and SportNation. Betby, which is an expert in supplying state-of-the-art solutions for the interactive wagering vertical, is well-versed in the esports and sports betting space. Betby and EEG Are Familiar Partners The deal is an extension of the collaboration between the two companies […]
