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Business
July 23, 2021
Gambling.com Slashes IPO Price as it Launches on NASDAQ
Online gambling industry marketing services provider Gambling.com surprisingly slashed the pricing of its initial public offering (IPO), as well as the quantity of shares available to investors, before going public. Revised Price and Share Quantity Gambling.com is now offering 5,250,000 ordinary shares priced at $8 per share, bringing the total valuation of the company down […]
Business
July 23, 2021
Bally’s to Bring Sportradar to Bally Interactive and the Bally Bet App
It’s a sportsbook-eat-sportsbook world in the US as operators look to find new ways to be competitive in a rapidly-growing market. New partnership agreements and innovative solutions are constantly appearing and, five years from now, the sports betting space is going to appear drastically different to today’s market. Bally’s Interactive, the online gambling arm of […]
Business
July 22, 2021
Penn Interactive Signs Deal with NASCAR and Phoenix Raceway
Penn Interactive, a subsidiary of Penn National Gaming, became the latest gambling operator to secure market access in Arizona after a multi-year deal with NASCAR. Boost Fan Experience The online gaming arm of Penn National acquired market access into Arizona via a deal with NASCAR, which made the Barstool Sportsbook betting brand of the company […]
Business
July 22, 2021
Catena Media Inks 10-Year Agreement with SportsDataIO
Catena Media and SportsDataIO signed a new 10-year partnership agreement. Under the most recent deal, SportsDataIO will power Catena’s high-quality lead-generation applications. Catena Media Strikes a Decade-long Agreement with SportsDataIO World leader in delivering high-quality leads for casino, sports and financial services, Catena Media announced a partnership extension with the leading provider of sports, odds […]
Business
July 22, 2021
DoubleDown Interactive Files for NASDAQ IPO
DoubleDown Interactive, a subsidiary of Double U, will likely accept offerings as it filed for an initial public offering (IPO) on the Nasdaq exchange. Per DoubleDown, there will be a total of 315,800 common shares, made up of 6.3 million American Depositary Shares (ADS) in total. Mathematically, that makes each common share to be made […]
Business
July 22, 2021
Las Vegas Sands’ Q2 2021 Report Painted Slow Recovery
Global land-based casino operator Las Vegas Sands (LVS) released its financial results for the quarter ended June 30, 2021, posting an operating loss for the quarter. Slow Pace of Recovery Las Vegas Sands revealed net revenue in the second quarter amounted to $1.17 billion, which compared to the $62 million the world’s leading developer of […]
Business
July 22, 2021
SG Rolls out iGaming and Sports Products in FireKeepers Casino Hotel
FireKeepers Casino Hotel in Michigan welcomes more tailored iGaming and sports betting content by Scientific Games as part of a new partnership. FireKeepers Casino Hotel Elevates Content Offer with Scientific Games Scientific Games Corporation has teamed with FireKeepers Casino Hotel to launch its range of online casino and digital sports betting products in Michigan. As such, the […]
Business
July 21, 2021
Andrew Bentley Appointed COO at Gauselmann’s Betting Division
Andrew Bentley is joining Guaselmann’s betting division, Merkur Sportwetten, from House of Edge Consultancy, where he spent the last two years serving as managing director while also consulting Gauselmann’s sports betting business since October 2020. In his new position as a chief operating officer (COO), Bentley will spearhead growth in the division’s online betting vertical. […]
Business
July 21, 2021
Evolution Posted Exceptional Second Quarter and H1 Growth
Gambling technology supplier Evolution released today an interim first half-year update, posting more than double operating profits as the industry continues to accelerate. Second Quarter Summary The company revealed revenues in the second quarter of 2021 reached €256.7 million ($320 million), an increase of 100% from the €128.3 million ($151 million) posted in the respective […]
Business
July 21, 2021
Gibraltar Raises Corporation Tax to 12.5% to Soften Final Move
Gibraltar, one of more than a hundred nations that approved the global tax agreement to implement a minimum corporation tax rate, became the first to act upon its commitment by introducing an interim tax level. Reaching Minimum Tax Level in Two Steps Signaling the upcoming change in its taxation policy, Gibraltar is raising corporation tax […]