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Business
March 5, 2021
Bally’s Proposal for Allied May Derail Element’s WPT Deal
Global eSports company Allied Esports Entertainment, Inc. announced today it received a proposal from Bally’s Corporation to acquire its outstanding equity. Bally’s is offering a price consideration of $100 million for the outstanding shares of Allied Esports, payable in cash, Bally’s shares, or a combination of both. Bally’s Looking to Hijack WPT Deal The unsolicited […]
Business
March 5, 2021
LV Bet Appoints Douglas Costa As Brand Ambassador For Brazil and LatAm Market
Douglas Costa has been appointed Brand Ambassador for LV Bet and will help the company break into the Brazilian market. LV Bet Appoints Douglas Costa de Souza as Brand Ambassador Online sports betting and casino operator LV Bet has appointed Brazillian football player Douglas Costa de Souza as its Brand Ambassador for Brazil. The move […]
Business
March 5, 2021
Multiple Acquisitions Boost Bally’s Corporation Outlook for 2021
The acquisitions of Bet.Works, Monkey Knife Fight, SportCaller, as well as f Bally’s Atlantic City Hotel & Casino and Eldorado Resort Casino Shreveport have boosted Bally’s Corporation outlook for the current year. January and February Show Increase in Consumer Demand On March 4, Bally’s Corporation posted its financial results for the fourth quarter and full […]
Business
March 5, 2021
Playtech and Novomatic Americas Ink Strategic Partnership
Playtech, the leading gambling technology company, announced a non-exclusive sports wagering agreement with Novomatic Americas. The agreement builds on existing collaboration between Playtech and Novomatic’s owner, NOVOMATIC AG. Playtech Inks Partnership with Novomatic Americas Leading gambling technology company, Playtech announced a non-exclusive sports betting partnership with Novomatic Americas on Thursday. The agreement builds upon an […]
Business
March 4, 2021
Sportradar Acquires Fresh Eight to Enhance Betting Marketing Offering
Sportradar has acquired Fresh Eight, a marketing personalization platform, to strengthen its own digital marketing platform for sports betting businesses. DCO Personalization to Optimize Investments On Tuesday, Sportradar acquired marketing automation platform Fresh Eight to strengthen its own digital marketing services platform. The global sports betting and entertainment provider announced the deal Thursday, with the […]
Business
March 4, 2021
DraftKings Becomes UFC’s First-Ever Official Sportsbook Partner
Daily fantasy and sports betting operator DraftKings announced today it entered into a groundbreaking agreement with the world’s premier mixed martial arts (MMA) organization, UFC. First-Ever Official Sportsbook and DFS Partner Under the terms of one of the most significant in the history of UFC agreement, DraftKings will become the organization’s first-ever Official Sportsbook and […]
Business
March 4, 2021
William Hill: 2020 Earnings Impacted by Closures, Sport Disruptions
UK-based global gaming group William Hill released its final 52 week ended December 29, 2020 earnings report posting a 16% slump in net revenues year-over-year. Growth in Online Gaming The final 2020 earnings report showed no surprises from the trading statement featuring unaudited results William Hill released in January, in which the gaming company outlined […]
Business
March 4, 2021
Entain Reports Strong Performance in 2020 Due to Online Growth
Entain’s results for 2020 show strong performance across the year with online net gaming revenue up 27%. Online Growth Offsets Retail Losses Entain Plc has published its full-year results for the period January – December 2020. The company posted revenues of £3.56 billion, a ‘flat’ change from the £3.57 billion recorded in 2019. Underlying EBITDA […]
Business
March 4, 2021
FanDuel Moves In on Younger Audiences with WAVE.tv
FanDuel, the largest sportsbook operator in the United States with 33.6% of the market, enters a social-media-driven partnership with digital media start-up WAVE.tv to reach more customers. Fanduel to Engage More Fans on Socia Media WAVE.tv reaches more than 400 million people every month. It is a conglomerate of 24 brands like FTBL and Slapshot, engaging fans on social media platforms. […]
Business
March 3, 2021
DraftKings and Dish TV Agree for DraftKings App Integration
Daily fantasy and sports betting operator DraftKings and satellite television and wireless provider Dish Network Corporation signed a strategic agreement for the integration of DraftKings’ daily fantasy sports and sports betting app into the services of the TV provider. Dish Hopper TV The strategic agreement starts with the integration of the sports betting app into […]