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Business
November 23, 2021
Two Gambling Industry Fixtures in Spain Create New Powerhouse
R. Franco and Grupo Orenes have joined forces to transform Spanish gambling. The merger will result in the creation of a single biggest manufacturer and distributor for gambling machines in Spain. The partnership will also see changes to the companies’ online gaming operations. R. Franco, Grupo Orenes Join Forces Dealmakers said that the merger […]
Business
November 23, 2021
Wynn Resorts Chair Gives Update on Sudden Departure of CEO
Wynn Resorts’ chairman of the board of directors spoke out on Monday about CEO Matt Maddox’s departure from the company and suggested that he might seek a non-gaming role following his departure. Chairman Phil Satre made a Friday statement stating that Maddox chose to leave the casino operator on his own, although the board of […]
Business
November 22, 2021
Bragg’s Oryx Gaming Granted UK Supplier License
Bragg Gaming Group announced today Oryx Gaming, a company under the group’s umbrella, received a supplier license in the UK to allow the group to expand its global footprint. Unmatched Size and Maturity The supplier license awarded to Oryx Gaming by the UK Gambling Commission (UKGC) was hailed as a significant milestone for the listed […]
Business
November 22, 2021
Two MGM Resorts Casinos in Mississippi Apply for Mobile Wagering Licenses
Two MGM Resorts casinos have expressed interest in on-site mobile betting, as the Mississippi Gaming Commission (MGC) confirms. While speaking to Gambling.com, the MGC executive director, Jay McDaniel, stated that no other casinos have approached him about offering mobile sports betting services on-site. The new sports betting bill could be introduced by the start of […]
Business
November 22, 2021
RSI’s RushBet Named LaLiga Exclusive Betting Partner in Colombia
A sports betting brand operated by Rush Street Interactive (RSI) in Colombia signed a partnership deal with the Spanish top-flight soccer league to become its exclusive wagering partner in the Latin American country. Exclusive Wagering Partner RushBet teamed up with LaLiga in a multi-faceted deal that will enable the sportsbook to co-brand with LaLiga’s two […]
Business
November 22, 2021
FanDuel Builds up on Genius Sports Partnership with NFL Data Feeds
FanDuel and Genius Sports will continue to deepen their ties and joint operations by now leveraging NFL sports data and exploring fan engagement opportunities. Genius Sports will provide FanDuel with a variety of media assets and NFL advertising solutions to help the latter boost its standings with football fans. FanDuel will also appoint Genius Sports as its programmatic […]
Business
November 22, 2021
Parimatch Taps Dmitry Sergeev to Help Russian Division, Lead Eastern European Pivot
Parimatch Russia is expanding its clout in Eastern Europe with the hire of Dmitry Sergeev who will lead the company’s pivot in the region. Specifics as to what will happen in Eastern Europe will be disclosed next year, while the company adjusts several corporate cogwheels in the coming weeks. Sergeev was previously chief executive officer […]
Business
November 22, 2021
Entain Makes a $1B Move for Olympic Entertainment Group
Entain is looking to consolidate its European footprint, bidding the eye-watering $1 billion to acquire Olympic Entertainment Group, an Estonian-based gambling firm with a substantial footprint in the Baltic markets. The news was reported by Front Sports Office and Bloomberg, citing sources close to the matter. The deal is precious to Entain as Olympic has ties with […]
Business
November 22, 2021
Codere Shareholders Take Control of the Gaming Company
The April debt-for-equity agreement at Codere that sees the business transfer to Codere New Topco SA has been completed. A holding company in which bondholders hold a 95% share, Codere New Topco SA is now the new owner. Although the previous owners retained a 5% interest, they can receive up to 15% from any potential […]
Business
November 22, 2021
Gopher Walks Away From Potential Playtech Acquisition
Gopher Investments has pulled its offer to buy London-listed gaming company Playtech from Gopher Investments in the wake Eddie Jordan-led €3.56-billion ($4.01 billion) entrance into the competition. Gopher, based in Hong Kong owns 4.97% of Playtech and is already looking to buy its Finalto financial trading section. This deal should be completed in the first […]