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Business News and Headlines
Business
March 3, 2021
Bloomberg: Sportradar to Go Public with Horizon Acquisition Corp. II
Sportradar’s initial public offering will happen as Todd Boehly’s special acquisition company, Horizon Acquisition Corp. II, has been cited by Bloomberg as currently negotiating the deal with the data and integrity company. Sportradar in Talks with Acquisition Corp. II for IPO Following a report by Sportico last week, Swedish gambling data and integrity company Sportradar AG is […]

Business
March 3, 2021
FuboTV Posts Record Full-Year and Q4 2020 Results
Sports streaming platform fuboTV has posted record-high Q4 revenue of $100 million as the company prepares to drive a foray into sports betting. FuboTV Sees Record Q4 and 2020 Performance FuboTV has posted its Q4 and full-year results covering the year ended on December 31, 2020. The company argued that Q4 had been its strongest […]

Business
March 2, 2021
Fonbet and PSG Strike Long-Term Partnership Deal
Fonbet and Paris Saint-Germain have inked a long-term deal, with the Russian bookmaker becoming the soccer team’s official betting partner. One More High-Profile Team Deal Russian-based sports betting company Fonbet and Paris Saint-Germain (PSG) have signed a long-term partnership deal, as the soccer team named Fonbet as its official betting partner in Russia and CIS […]

Business
March 2, 2021
Scientific Games Suffers Q4 Dip Due to Pandemic
Scientific Games’ Q4 2020 figures are noticeably lower across the board compared to the previous year, but the result is still an improvement over its Q3 performance. Scientific Games Suffers Overall Performance Drop Compared to 2019 US-based gambling products and services provider Scientific Games has ended the final quarter of 2020 with a slight revenue dip compared […]

Business
March 2, 2021
IGT: Q4 and Full 2020 Performance Affected by Global Gaming
Global gaming technology solutions supplier International Game Technology (IGT) released today its fourth quarter and full 2020 financial report posting significant drops in both quarterly and annual revenue. Q4 2020 IGT generated in the fourth quarter of 2020 $885 million in total revenue from its Global Lottery and Global Gaming divisions, 15% down compared to […]

Business
March 2, 2021
5WPR to Offer Gambling and Gaming Public Relations Services
One of the 15 largest, renowned, and independently owned PR firms in the United States, 5WPR, launches a specialty division for Gaming and Gambling Public Relations. 5W Launches New Specified Division for Gambling and Gambling PR 5WPR’s new division will focus on PR strategies for clients in the gaming industry, including online gaming, casinos, lottery, and […]

Business
March 1, 2021
theScore Completed IPO, Underwriters’ Over-Allotment in Full
Score Media and Gaming Inc. successfully completed its US initial public offering (IPO), placing 6.9 million of the company’s Class A Subordinate Voting Shares and gaining $186.3 million in gross proceeds. IPO Launch Last month, theScore announced it launched a public offering of company stock in both Canada and the US as part of its […]

Business
March 1, 2021
IGT and SG Create Joint Pool of Cashless Solution Patents
Gaming solutions supplier International Game Technology (IGT) announced today it entered into a cross-licensing agreement for patents related to cashless slot gaming solutions with another gaming technology company, Scientific Games (SG). Tap into Each Other’s Cashless Portfolios The cross-licensing agreement between IGT and SG combines both companies’ portfolios related to casino management solution systems in […]

Business
March 1, 2021
SoftSwiss Celebrates Entry Into Nigerian Market
SoftSwiss is preparing to launch operations in Nigeria. This is the company’s first foray into the booming African gambling market SoftSwiss Successfully Enters Nigerian Gambling Market Gambling software developer SoftSwiss has received a license to supply its innovative gaming and sportsbook solutions in Nigeria. This is the company’s first foray into the African gambling market. According to SoftSwiss, the […]

Business
March 1, 2021
Entain Increases Bid for Obtaining Enlabs at SEK53 per Share
Following its offer of SEK40 per share in January, Entain confirmed today it increases the bid for Enlabs to SEK53 per share. After the Initial Offer of SEK40, Now Enlabs Valued at £316 Million Resolving to acquire Enlabs, Entain has now increased its bid to SEK53 per share, valuing Enlabs at £316 million. Enlabs’ key shareholders […]
