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Business
June 1, 2021
Entain Puts Pressure on Tabcorp to Make a Deal, but a New Wrinkle Emerges via FOX Bet
Should Tabcorp decide to spin off its gaming and lottery units into stand-alone companies, it’s going to fail. That’s the message Entain has sent to the company in an effort to convince Tabcorp decision-makers to accept its offer to acquire the units. Australia-based Tabcorp has had difficulty shoring up its gaming operations lately, which led […]
Business
May 31, 2021
Wynn Resorts President Billings Named Wynn Interactive CFO
US gaming and hospitality operator Wynn Resorts announced in a filing issued on Friday its president Craig Billings stepped down from the position effective May 24, 2021. Billings remained on his other role, the chief financial officer of the company, though. Internal Shift Craig Billings was appointed as Chief Financial Officer at the online gaming […]
Business
May 31, 2021
BetMGM Partners up with NYRA Bets LLC
BetMGM, a leading sports betting provider, and NYRA Bets, a leading horse racing content provider, have announced their official one-of-a-kind partnership. BetMGM Partners up with NYRA Bets to Use Its App On Friday, BetMGM, a leading sportsbook company, announced its partnership with NYRA Bets LLC, a leading horse racing content provider and the official online advanced deposit […]
Business
May 28, 2021
The Battle for Tabcorp heats up as BetMakers Decides to Join in the Race
Tabcorp has suddenly become very popular in Australia, but not with gamblers. The company has fallen on hard times because of COVID-19 and Apollo Global Management and Entain had started a bidding war to try to convince it to sell its gaming assets. A third company has now joined as BetMakers Technology Group Ltd has […]
Business
May 28, 2021
Penn National Returns to Maryland Ahead of Sports Gambling Launch in the State
Penn National Gaming can now brag about having a domestic US footprint that spans 20 jurisdictions. The casino operator has been negotiating the purchase of Maryland’s Hollywood Casino Perryville from Gaming and Leisure Properties (GLPI) since late last year and received word yesterday that the deal had been approved. The Maryland Lottery and Gaming Control […]
Business
May 27, 2021
Evolution Sees Online Gambling Expansion to Continue
Supplier of gambling technology Evolution was the focus of a comprehensive report published by Reuters, claiming online casinos represent the future and will gradually eat up market share from land-based gaming facilities. Fast Growth Will Continue Evolution management strongly believes the rapid expansion of the online gaming segment spurred by lockdowns was not a one-off […]
Business
May 27, 2021
Boyd Gaming Looks to Attract $900M through Bond Sale
Boyd Gaming is coming off an eventful year, as are most casino operators around the world. The company has had its ups and downs due to COVID-19 and had previously announced that it was going to offer new bonds in order to raise $750 million. It has now upped its offer and is looking to […]
Business
May 27, 2021
Betsperts Acquires Fantasy Life to Create Fans Go-To Place
Social media sports betting platform Betsperts continued to expand its digital footprint with the acquisition of a platform dedicated to delivering breaking news and updates to sports bettors and daily fantasy sports players. “The future of sports betting is stronger social connectivity between bettors and we are leading the way in building the destinations for […]
Business
May 26, 2021
SG to Boost Sports Technology Offering via SportCast Acquisition
Scientific Games announced today that it acquired SportCast. The acquisition brings SportCast’s innovative BetBuilder product to Scientific Games. With the help of the unique instant-pricing feature, the company will boost its global presence, services, and content. Scientific Games Acquires BetBuilder Creator SportCast Leading gambling product supplier, Scientific Games Corporation announced today that it acquired SportCast. […]
Business
May 26, 2021
BC’s Restart Plan May Reopen Nightclubs and Casinos in July
Shut since last year due to the ongoing COVID-19 pandemic, nightclubs, and casinos in British Columbia may soon reopen. A new restart plan rolls out on July 1 and if the COVID-related hospitalizations are low and more people are vaccinated, more restrictions may be lifted. Casinos and Nightclubs in British Columbia Remain Closed for the […]