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Business
December 2, 2021
PrizePicks Closes Another Strategic Funding Round, Sees New Investors Join
PrizePicks is a Single Player Fantasy (SPF) pioneering operator in North America. Over the last 12 months, the company has seen incredible growth, considering that from November 2020 through November 2021, the company’s gross gaming revenue and active member base have increased ten times. Moreover, PrizePicks hit an important achievement of paying out more than […]
Business
December 2, 2021
Aristocrat Acquisition of Playtech Still on Course to Complete in Q2, 2022
Australian gaming manufacturer Aristocrat Leisure Ltd. is closer to the acquisition of Playtech plc. Playtech has confirmed that the sale of its financial division, Finalto, will proceed as intended after shareholders gave their approval on Wednesday. The company is divesting the division to Gopher as it prepares to be acquired by Aristocrat. Finalto Sale Paves […]
Business
December 2, 2021
MGM Could Consider New Vegas Strip Property
MGM Resorts International could add a second resort-casino to the south end of the Las Vegas Strip. They are also working on a strategy that will attract more regional customers to Las Vegas. MGM chief financial officer Jonathan Halkyard spoke Wednesday to investors at Morgan Stanley’s Virtual Global Consumer & Retail Conference, where he made […]
Business
December 1, 2021
Sportradar Becomes PointsBet’s US Data Supplier of Choice
Global supplier of sports betting data and integrity monitoring technology, Sportradar, announced it entered into a multi-year supplier deal with premier online sports betting and gaming operator PointsBet. US Supplier of Choice The deal between Sportradar and PointsBet established the Swiss-based technology company as the US supplier of choice for data from the MLB, NBA, […]
Business
December 1, 2021
Alvin Chau Relinquishes Control of Suncity from a Macao Jail Cell
Alvin Chau announced that he was stepping down from his role as CEO of Suncity Group Holdings Limited in Macau. The billionaire made his announcement yesterday while sitting in a Macao jail on charges he ran a cross-border illegal gambling ring through his legal operations. Chau Out at Suncity Chau is facing multiple criminal charges […]
Business
November 30, 2021
FansUnite Reveals Solid 2021 Third Quarter Growth
Sports technology company FansUnite Entertainment released its third quarter and nine months business results revealing continued growth across all business units. Financial Highlights For the three months ended September 30, 2021, FansUnite Entertainment posted a total betting turnover of C$10.6 million ($8.28 million), an increase of 19% compared to C$8.9 million ($6.95 million) for the […]
Business
November 30, 2021
888 Is in the Final Stages of Acquiring William Hill’s Non-US Assets
888 Holdings confirmed that it is one step closer to acquiring the international non-US assets of one of the most reputable betting operators, William Hill. After initially showing interest in October 2020, 888 has proceeded towards making vital steps in the takeover and it expects that the acquisition to be closed in the first quarter […]
Business
November 30, 2021
Gambling Industry Veteran Mark Robson Takes Eminence CEO Role
Eminence Holdings, a cryptocurrency-based fintech company registered in the Isle of Man, announced the appointment of Mark Robson as its new CEO. Ambitious Growth Strategy Robson will be tasked to leverage his two-decades-long experience in the gambling industry in senior positions at various operators, with the most prominent among them Bally Technologies, to deliver on […]
Business
November 30, 2021
Suncity Denies iGaming Involvement as Alvin Chau Investigation Expands
The saga involving Alvin Chau and Suncity Group, the company that he turned into the largest junket operator in the world, is only getting started. As investigations continue in China and Macau, and possibly elsewhere, there’s no telling how deep the impact will be. For its part, Suncity denies all of the allegations, although convincing […]
Business
November 29, 2021
Aspire’s PAM and Btobet Sportsbook Set Bettarget to Growth
Supplier of gaming technology and solutions to the global gaming industry Aspire Global revealed today the first brand which adopted its player account management (PAM) system, Bettarget.com, registered steady turnover growth and spike across all main key performance indicators (KPIs). BtoBet’s Sportsbook Generates Value Australia-based tech supplier Aspire Global and Bettarget.com, a sports betting operator […]