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Business
November 5, 2021
Sportradar Signs a Deal to Monitor European Basketball
The Integrity Services of Sportradar has made a major move as it managed to bring in two major basketball organizations from Europe for the Universal Fraud Detection System (UFDS). These organizations are the Slovak Basketball Association (SBA) and the easyCredit Basketball Bundesliga (EasyCredit BBL). They will be provided with a free-of-charge benefit as Sportradar’s Integrity […]
Business
November 5, 2021
DraftKings’ Q3 Marks a 60% Year-to-Year Revenue Increase
American fantasy sports and betting operator DraftKings has met the 2021 Q3 revenue expectations it had announced in August. The company’s operations for the third quarter of the year have earned it a total of $213 million. DraftKings Reports a 60% Q3 Revenue Increase The aforementioned sum marks a 60% year-to-year increase, considering that DraftKings […]
Business
November 5, 2021
Penn National Stock Falls After Damaging Dave Portnoy Report
Penn National Gaming plunged 21% Thursday after it fell short of earnings estimates. However, that wasn’t the only reason. Business Insider published allegations of sexual misconduct against Dave Portnoy, the founder of Barstool Sports, of which Penn owns a significant piece Penn National PR Team Working Overtime Penn operates racetracks and casinos. It also owns […]
Business
November 4, 2021
Playmaker Buys Grupo SuperPoker to Expand LatAm Footprint
Playmaker is two for two as the company previously announced the acquisition of TNN, a Canadian-focused hockey media group. Playmaker’s next king-making move is down in Latin America with the company focusing on Grupo SuperPoker, a Brazilian media group that runs online poker websites, streaming services, and various other assets. The deal is estimated at […]
Business
November 4, 2021
Rivalry Posts Highest Monthly Results To-date in October
Rivalry Corp. has posted its strongest financial results to date, clocking in a strong performance across the board for October. The company reported record results with several key indicators going up last month and has been working actively on its Canadian expansion. Commenting on the company results, Rivalry co-founder and CEO Steven Salz talked about […]
Business
November 4, 2021
Playmaker Acquires TNN to Strengthen Canadian Exposure
Playmaker Capital, a digital sports media company, has boosted its footprint in the Canadian market through the acquisition of The Nation Network (TNN) and its subsidiary, Daily Faceoff (DFO). TNN focuses on the delivery of insightful data-driven media coverage for hockey fans in Canada, runs a number of community sites, podcasts and has a hockey reference property, i.e. […]
Business
November 4, 2021
MGM Resorts Initiates Plans to Sell Its Mirage Casino in Vegas
On MGM Resorts International’s latest earnings call this week, CEO Bill Hornbuckle revealed that MGM Resorts International was in the initial stages of selling The Mirage’s operations. The Mirage, which opened on the Las Vegas Strip in 1989, has been an emblematic property of the Vegas action since then. There were no deadlines or potential […]
Business
November 3, 2021
Pronet Gaming Names Nedda Kaltcheva as New Chief Technology Officer
While expanding its presence and increasing its overall number of developers, Pronet Gaming announced that it appointed a new chief technology officer. Nedda Kaltcheva Joins Pronet Gaming as CTO The leading global iGaming sportsbook solutions provider Pronet Gaming announced on Wednesday that it appointed Nedda Kaltcheva as its new Chief Technology Officer (CTO). The company […]
Business
November 3, 2021
Caesars Entertainment Shares Its Operating Results from Q3 in 2021
Yesterday, Caesars Entertainment shared its operating results from Q3 in 2021, which ended on September 30. The company’s CEO, Tom Reeg, stated that as the results show, Caesars has an all-time EBITDA record in a single quarter in the Las Vegas segment. The regional segment also has a new EBITDA record in the third quarter. […]
Business
November 3, 2021
Mark McMillan Joins EveryMatrix as a Board Member
B2B iGaming software provider company EveryMatrix has added seasoned finance veteran Mark McMillan to its board of directors. In his position with the company, McMillan will help with the pending plans for expansion in the US. McMillan Will Bring Two Decades of Experience to the Company McMillan is a graduate of the University of Birmingham, […]