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Business News and Headlines
Business
March 30, 2021
DraftKings Acquires Vegas Sports Information Network
DraftKings has acquired sports betting radio company Vegas Sports Information Network (VSiN), though financial terms have not been disclosed. DraftKings Successfully Acquires VSiN Daily fantasy sports operator DraftKings has announced the successful acquisition of Vegas Sports Information Network (VSiN) – a US-based sports betting radio network and streaming service. The company develops and distributes live […]

Business
March 30, 2021
FT: Hedge Funds Peeved with William Hill and Caesars Deal
GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information. Hedge Funds Raise Issues with William Hill/Caesars Acquisition Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]

Business
March 29, 2021
DraftKings Named First-Ever WWE Official Gaming Partner
Daily fantasy and sports betting operator DraftKings announced today a ground-breaking agreement with World Wrestling Entertainment (WWE) to become the Official Gaming Partner of the media and entertainment company in all applicable jurisdictions, subject to regulatory approval. “As a cultural icon and incredible sports and entertainment company, we are thrilled to join forces with WWE […]

Business
March 29, 2021
Tabcorp Turns Down Entain $3bn Bid, Says It’s “Little Light”
After a month to consider, Tabcorp has turned down a $3bn bid by Entain for the company’s wagering and media division, arguing that the bidder has underestimated the company’s actual value. Tabcorp Says No to $3bn Entain Bid Tabcorp has formally rejected a $3 billion bid by Entain this morning and has launched a broad strategic review […]

Business
March 29, 2021
Kambi Focuses on US Growth and Latam Expansion
Kambi has finished 2020 with remarkable results with the Americas being the largest market for the supplier by the end of the year. US Market in the Core of Kambi’s Business Sports betting provider Kambi has finished 2020 with outstanding results despite the Covid-19 pandemic. The company reported 28% revenue increase to €117.7 million ($138.6 […]

Business
March 29, 2021
Pariplay Adds Gamshy Games to Fusion Aggregator Platform
Pariplay has added Gamshy’s titles to its Fusion platform, allowing the games to reach audiences in 16 new regulated markets. Gamshy Now Part of Pariplay’s Fusion Platform Gaming aggregator Pariplay adds another studio to its Fusion platform, with Gamshy now joining the ranks of dedicated suppliers of iGaming content. Gamshy’s select variety of games makes it possible for Pariplay to extend […]

Business
March 26, 2021
SharedPlay Gets €1.1 million Investment from LeoVegas
LeoVegas has invested €1.1 million for a 25% stake into SharedPlay, a new startup that allows players to share their gaming experiences online. Potential Future Ownership Expansion LeoVegas has acquired a 25% equity in SharedPlay, a gambling startup that enables users to share their online gaming experiences with each other. LeoVegas has invested €1.1 million […]

Business
March 26, 2021
FOX Sports Becomes Official Wagering Partner of NYRA Bets
FOX Sports and the New York Racing Association (NYRA) expanded their partnership agreement to designate the unit of Fox Corporation as the official wagering partner of NYRA Bets and the leading media provider for thoroughbred racing. “NYRA is delighted to extend our relationship with FOX Sports.” Tony Allevato, President, NYRA Bets Television and Exclusivity Rights […]

Business
March 26, 2021
PointsBet Granted Access to Pennsylvania and Mississippi
Pointsbet has added Pennsylvania and Mississippi to its online betting and gaming portfolio through a deal with Penn National Gaming. PointsBet and Penn National Gaming Strengthen Their Partnership Australian online bookmaker PointsBet has gained online sports betting and iGaming market access to the states of Pennsylvania and Mississippi. The agreement is an extension of the […]

Business
March 25, 2021
FanDuel Inks Partnership with Gamban, Boosts Player Protection
FanDuel boosted its responsible gaming commitment by signing a partnership with Gamban. Under the new agreement, players that would want to self-exclude will receive access to a free Gamban subscription. Gamban and FanDuel Ink Partnership FanDuel Group announced on Wednesday that it inked a key partnership with Gamban, a company that is a leader in […]
