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Business
May 6, 2021
Sportradar and Horizon Need More Time to Thrash $10B Deal
Negotiations between supplier of sports data and integrity solutions Sportradar and Horizon Acquisition Corp. II would need more time to complete according to a person familiar with the talks, Sportico reports. Negotiations Deepen, Possible Agreement within a Week Switzerland-based Sportradar and the special purpose acquisition company (SPAC) led by co-owner of the franchise from Major […]
Business
May 6, 2021
US Betting and Gambling TV Ads Hit $153.6M in Q1 2021, Says Nielsen
Online gambling advertising in local TV spot space in Q1 of 2021 skyrocketed to $153.6 million. According to a new report by Nielsen, gambling advertising grew significantly from the $10.7 million spent in 2019. FanDuel was the top advertiser who spent most on spot TV advertising in Q1 of 2021, followed by DraftKings and BetMGM. […]
Business
May 5, 2021
Aspire Global Achieved Q1 2021 Record High Revenue and EBITDA
Aspire Global released in a trading update today its 2021 first quarter report posting another quarter of record high revenue and earnings before interest, tax, depreciation and amortization (EBITDA). Quarter Figures The technology solutions provider for the iGaming industry picked up in 2021 right where it left in 2020, posting revenue of €48.1 million for […]
Business
May 5, 2021
Caesars Rebrands William Hill, Ready to Sell Non-US Assets
US casino giant Caesars Entertainment announced plans to significantly ramp up investment in the sports betting space and become a leading sportsbook operator nationwide. Having completed the $3.7 billion acquisition of UK-based sports betting company William Hill in late April, Caesars is now ready to offload its non-US assets. Sale Should Be Complete This Time […]
Business
May 5, 2021
Evolution Launches Full Games Suite in the UK with Entain Brands
Supplier of B2B Live Casino services Evolution announced in a press release today it went live in the UK via Ladbrokes and Coral, with the other Entain brands, Gala Casino and Gala Bingo set to follow suit. Evolution’s Full Breadth of Online Games The UK launch expands the current partnership in the online casino space […]
Business
May 5, 2021
FanDuel Gets Closer to Launching Fantasy Sports Gambling in Louisiana
A total of 55 parishes in Louisiana support sports wagering. While FanDuel is currently collaborating with the local authorities about the launch of its product, it is up to the lawmakers to give the green light. If Louisiana’s legislature approves the activity, it may be launched just in time for the start of the football […]
Business
May 5, 2021
FanDuel and The Ringer Bet Heavily on Fan-Focused Experiences
The Ringer and FanDuel have signed a year-long partnership to seek better engagement with audiences, which company executives describe as “absurdly fan-focused.” FanDuel and The Ring Boost Fan Experience through Partnership FanDuel Group and pop culture website The Ringer has signed a new partnership that will focus on promoting each brand’s assets. The partnership will […]
Business
May 4, 2021
Catena Media Acquires Sports Affiliation Lineups for $39.6M
Online lead generation firm Catena Media announced today it acquired online sports affiliation Lineups.com to strengthen its position in the US sports betting arena. Payment Details Catena Media revealed a total of $39.6 million will be paid in cash in 3 installments spread over a period of 2 years, with another half-a-million payable upon fulfillment […]
Business
May 4, 2021
Robinhood under Attack for Allowing Traders to Change the Game
Robinhood returned fire to Warren Buffett and the old guard for attacking it for supposedly allowing millions of “everyday people” to take “control of their financial lives”. Tit for Tat A war of words seems to have started Saturday during the annual meeting at Berkshire Hathaway, when Warren Buffett openly attacked Robinhood for its approach […]
Business
May 4, 2021
Booongo Solidifies Presence in Latin America via DoradoBet
Booongo grew its Latin America footprint today via DoradoBet. Under a new partnership, the Peruvian operator DoradoBet received access to Booongo’s full suite of slot games. DoradoBet Receives Access to Booongo Content World-famous slots developer, Booongo, grew its footprint in Latin America today via a partnership with DoradoBet. As a result of the agreement, the […]