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Business News and Headlines
Business
February 12, 2021
Simon Zinger Takes Over as Legal Counsel for Entain
Simon Zinger is stepping in as Entain’s legal counsel starting on February 22 and bringing vast legal expertise with him. Entain Brings Simon Zinger on Board as Legal Counsel With a strong start of the year, Entain is expanding its team with the recruitment of Simon Zinger, an industry veteran who is joining as a […]

Business
February 12, 2021
MGM Resorts to Expand iGaming Operations, 2020 Revenue Down 60%
MGM Resorts announced it will focus on its iGaming operations after reporting a 60% drop in revenue for 2020. Operations Strongly Affected by Covid-19 in 2020 Leading casino operator MGM Resorts reported a 60% decrease in revenue in 2020, down $1.03 billion to $5.16 billion year on year, and announced it will expand its online […]

Business
February 11, 2021
Betfair Expands Live Video Partnership with Racing Post
Online gambling company, Betfair, expanded its partnership with Spotlight Sports Group. The partnership expansion enables the highly popular Racing Post Live show to produce live video content throughout 2021. Betfair and Spotlight Sports Group Expand Existing Partnership Spotlight Sports Group announced that it extended its existing partnership with Betfair. As a result of the partnership […]

Business
February 11, 2021
Gaming Realms Raises 2020 Forecast, Expects Continued Growth In 2021
Gaming Realms has dramatically raised its FY 2020 performance forecast and expects continued growth and expansion in 2021. Gaming Realms Expects Revenue Jump for 2020 Gaming Realms expects a dramatic 62% full-year revenue jump to £11.2 million ($13.58 million) for 2020. Furthermore, the company predicts that its full-year EBITDA will reach £3.1 million ($3.76 million). […]

Business
February 11, 2021
theScore Stocks Skyrocket, Company Plans U.S. Stock Market Entry
The Canadian digital media company theScore received approval from its shareholders to consolidate stock for a U.S. stock exchange entry. Since the start of the year, the company’s stocks have been rapidly going up, marking an increase of 230%. theScore Stocks Skyrocket in 2021 Score Media and Gaming Inc may enter the U.S. market stock […]

Business
February 11, 2021
Entain Extends Acceptance Period of Enlabs Purchase
Facing internal shareholder disagreements, Enlabs will have until March 18, 2021 to decide whether it wants to accept a SEK 2.8 billion acquisition offer from Entain. Entain Extends Acceptance Period for Enlabs Acquisition Entain Plc’s attempt to acquire Enlabs AB, one of the world’s foremost gambling groups, is experiencing a few potholes on the road […]

Business
February 10, 2021
FansUnite Signs Engagement Letter with Ifrah Law
Sports technology company FansUnite Entertainment announced today it signed an engagement letter with prominent gaming law firm Ifrah Law PLLC to ensure its collaboration with OneComply would provide assistance to FansUnite’s licensing strategy in the US. Pursuing Rapid Expansion Due to the interest gambling and casino operators in the US showed for the sports betting […]

Business
February 10, 2021
5Dimes Enters the Isle of Man Regulated Online Market
5Dimes, the popular sports betting and gaming platform was awarded a license from the Isle of Man Gambling Supervision Commission today. Ms. Varela, a member of the board of directors at 5Dimes shared her excitement by saying that this is an exciting milestone for the company. 5Dimes Receives License From the Isle of Man Gambling […]

Business
February 10, 2021
Sportradar to Empower Forza Football Marketing Efforts through ‘Ad:s’
Sportradar will utilize its unrivaled marketing service solution for bookmakers, as it partners up with Forza Football to manage its advertising on the live score app. Sportradar to Boost Forza Football’s Advertising Solution and Content Offering with Ad:s Global supplier of data for sports betting services, Sportradar, signed an agreement with Forza Football to manage […]

Business
February 10, 2021
US Expansion Drives Kambi’s 2020 Revenue Up by 28%
Betting solutions provider Kambi Group had a record 2020 with revenue increasing from €92.3 million to €117.7 million YoY due to the ongoing expansion in the US market adding market-first launches in Michigan, Illinois and Colorado. Both Q42020 and Year to Date Figures Are on the Rise Betting solutions provider Kambi Group saw its total […]
