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Business
February 3, 2021
DraftKings Share Price Rises by 10% After ETF Invests $37.6M
DraftKings’ stock went up 10% on Tuesday as Cathie Wood’s ARK Invest Next Generation Internet ETF loaded up 620,300 shares in the online sports gambling company. DraftKings Features 0.52% in ARK Invest’s Portfolio DraftKings’ stock jumped by 10% between 1 February and 2 February after Cathie Wood’s ARK Invest Next Generation Internet ETF purchased shares […]
Business
February 3, 2021
Entain Interested In Tabcorp Wagering and Media Division
Tabcorp has received multiple unsolicited acquisition proposals for its Wagering and Media Division, including from UK gaming leader Entain. Tabcorp Receives Several Unsolicited Takeover Bids Australian gambling giant Tabcorp Holdings Limited (Tabcorp) has revealed that it has received several unsolicited acquisition proposals for its Wagering and Media division. However, no firm proposals have been made […]
Business
February 2, 2021
Playtech Shareholders Do Not Want Claire Milne as Chairwoman
Shareholders at Playtech feel dissatisfied with the way the company deals with the situation related to Alan Jackson’s departure, a report in The Times suggests. Shareholder Revolt Looming According to the report in The Times, several investors at the FTSE250 technology group feel unhappy and frustrated by the company’s failure to appoint a high-profile chairman, […]
Business
February 2, 2021
GiG and Bet365 Renew Agreement for Marketing Compliance Tool
Leading gaming technology supplier of products and services to iGaming operators Gaming Innovation Group (GiG) announced today its agreement for the provision of marketing compliance services with Bet365 has been renewed. Affiliate Marketing Compliance GiG Comply, the self-serve marketing compliance tool of GiG which scans content hosted on thousands of websites across multiple jurisdictions looking […]
Business
February 2, 2021
GAN Signs with SGC to Offer Its Simulated Gaming Solution
Leading B2B software-as-a-service provider for the gaming industry Game Account Network (GAN) announced Monday a definitive agreement with Seneca Gaming Corporation (SGC) was signed. According to the deal, GAN will supply patrons at Seneca’s casinos on desktop and mobile with Simulated Gaming. “We are very excited about the continued adoption of our Simulated Gaming software […]
Business
February 2, 2021
PlayUp Assimilates The Roar and AthletesVoice
Premium betting entertainment and technology company, PlayUp announced on Monday that it acquired Australia’s leading fan and athlete media platforms The Roar and AthletesVoice. PlayUp Acquires Two Leading Fan and Athlete Media Platforms in Australia PlayUp, the premium betting entertainment, and technology company announced on Monday that it purchased the leading fan and athlete media […]
Business
February 1, 2021
Sportsbet Enters Greyhound Coverage Agreement With SIS
Sportsbet and Sports Information Services (SIS) have teamed up to improve and expand coverage of greyhound racing in Ireland and the United Kingdom. Sportsbet Expands Greyhound Racing Coverage Sportsbet has entered an agreement with betting content supplier Sports Information Services (SIS) to strengthen its coverage of the UK and Irish greyhound racing. Through the agreement, […]
Business
February 1, 2021
Tilman Fertitta’s Golden Nugget/Landry’s Goes Public via SPAC
Fertitta Entertainment, the parent company of Golden Nugget/Landry’s casino and restaurant businesses, is going back to the public via a merger with a special purpose acquisition company (SPAC), Fast Acquisition. SPAC Route More Effective The $6.6 billion merger deal with the SPAC will allow the sole owner of Fertitta Entertainment, Tilman Fertitta, to retain 60% […]
Business
February 1, 2021
Flutter Names Greg McCaw Group Director of Inclusion and Diversity
Flutter Entertainment announced today that it appointed Greg McCaw as group director of Inclusion and Diversity. In his new position, Mr. McCaw would be helping the company develop and execute an inclusion and diversity strategy. Flutter Entertainment Appoints Group Director of Inclusion and Diversity Leading sports betting and gaming group, Flutter Entertainment announced today that […]
Business
January 31, 2021
Gambling with Stocks Will Ultimately Lead to Painful Losses
Gambling in stock trading is dangerous, an article in Bloomberg implies, analyzing the latest events around market price movements of GameStop shares. The Rebel of the Ants Provided with easy access to stock day trading from the Robin Hood platform, as well as its “addictive gamification”, young people gathered around the WallStreetBets forum for stock […]