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Business News and Headlines
Business
July 29, 2021
WynnBet and Cumulus Media Forge Betting Advertising Alliance
WynnBET and CUMULUS MEDIA, a leading media, advertising and marketing company, have signed a new multi-year alliance that will cover numerous platforms and help boost WynnBET’s awareness with CUMULUS’ audience of 250 million listeners each month. The company’s vast network of hundreds of radio stations makes it a perfect opportunity for WynnBET to try to leverage its […]

Business
July 28, 2021
Sportech Completed Transition from LSE to AIM
Sports betting technology supplier Sportech announced its transition from the London Stock Exchange (LSE) to the smaller London AIM exchange is now complete. Migration to AIM Complete Sportech informed all interested parties that, as of the start of the trading day today, Sportech common shares were admitted to trading on the London AIM exchange under […]

Business
July 28, 2021
DraftKings Signs Sponsorship Deal with Boston Red Sox
Leading daily fantasy and sports betting operator DraftKings announced today it reached a sponsorship agreement with the Boston Red Sox to become the official Daily Fantasy Sports provider of the professional baseball franchise. Expanding Local Presence The deal with the Red Sox will see the sports betting brand displayed throughout the home of the professional […]

Business
July 28, 2021
IGT Figures Out How to Save $65 Million Annually
International Game Technology (IGT) has come up with a new plan on how to cut its debt. By making amendments to its term loan facility, the company will now be able to save around $65 million each year. At the end of Q1 in 2021, IGT’s debt was $7.07 billion. Compared to the debt a […]

Business
July 28, 2021
Crown Resorts Agrees to Pay Small Part of Multimillion-Dollar Tax Bill
Crown Resorts is opening its wallet to settle an outstanding debt with the Victorian government, but it may not be enough. The beleaguered Australian casino operator has acknowledged that it will hand over approximately AUD$37 million (around $44.6 million) after it inadvertently underpaid its taxes for 2012. The sudden windfall will be welcome by the […]

Business
July 27, 2021
Publisher Gannett Secures Sports Betting Deal with Germany’s Tipico
Sports betting operator Tipico will provide odds for Gannett’s sports content under a five-year partnership valued at $90 million. Gannett Strikes Exclusive Sports Betting Deal with European Operator Gannett, the largest newspaper chain in the United States, has announced an agreement with Tipico USA Technology, the American subsidiary of German sports betting provider Tipico Group. The deal will see Tipico become the official […]

Business
July 27, 2021
Playmaker Capital Acquires Yard Barker to Expand US Presence
Digital sports media company Playmaker Capital announced today the acquisition of sports and entertainment media business Yard Barker to increase its presence in the US. “We are pleased to welcome Yardbarker to the Playmaker family. This is a US platform acquisition for us, not only transforming, but also quickly increasing financially for our shareholders.” Jordan […]

Business
July 27, 2021
SkillOnNet To Start Supplying Tom Horn Gaming Products
In a quest to make its gaming portfolio more diverse and provide players with a better gaming experience, SkillOnNet has partnered up with Tom Horn Gaming. As an online casino software provider, SkillOnNet has worked with some of the world’s leading brands and the Tom Horn partnership will add a lot of quality content. Tom […]

Business
July 26, 2021
Premier Bet, AC Milan Sign Betting Partnership Deal
The agreement will include a new multi-media, multi-market advertising campaign, which will kick off with the launch of the 2021/22 season. Premier Bet Becomes AC Milan’s Official Betting Partner in Africa Online gambling operator Premier Bet is becoming the official betting partner of Italian Serie A football club AC Milan for the region of Africa. The start of the partnership […]

Business
July 26, 2021
DraftKings Listed on the Semiannual List of Secular Growth Stocks by Morgan Stanley
DraftKings, one of the most popular online sportsbooks in the US, was added to the semiyearly growth stock list by Morgan Stanley strategists. Interestingly, DraftKings was the only representative from the gaming stock segment to be listed. DraftKings Stands Out Among Stock Options Morgan Stanley is one of the biggest investment banks in the US […]
