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Business News and Headlines
Business
November 14, 2020
Jumbo Signs 10-Year Deal With WA Lotterywest
Jumbo has signed a 10-year supply deal with West Australian government-owned Lotterywest to provide a white-label platform and related services. Initial Three Year Term, Up to Ten Online lottery manager Jumbo Interactive has announced a 10-year agreement to provide Western Australia’s government-owned and operated Lotterywest with its online software platform and services. This follows a […]

Business
November 14, 2020
Resorts World Las Vegas Inks Partnership with Zouk Group
Partnering with Zouk Group, Resorts World Las Vegas will bring unrivaled entertainment to its $4.3 billion resort which is planned to open in summer 2021. Under the agreement, the global lifestyle company Zouk Group will make its debut in the United States. Resorts World Las Vegas to Bring Unrivaled Entertainment with Zouk Group On Thursday […]

Business
November 14, 2020
Inspired’s Positive Outlook Confirmed by Strong Q3 Growth
Gaming technology and content provider Inspired Entertainment released Thursday its third quarter earnings report, posting steady growth in revenues, as well as positive outlook for the future. Discounted Revenue Unchanged YoY Inspired generated during the reported three-month period total revenue of $60.1 million, nearly four times more compared to the $15.6 million for the previous […]

Business
November 14, 2020
theScore Rolls Out a Dedicated Bet Section Feature for Its App
theScore introduced a new dedicated betting feature available on the company’s media app. The new feature, Bet Section provides sports betting fans with key options and takes the betting experience to a new level. theScore Reveals a New Dedicated Betting Feature for Its App Earlier this week, the Canadian digital media company theScore revealed its […]

Business
November 14, 2020
Sheldon Adelson’s Outlet Calls for Mr. Trump to Admit Defeat
The Las Vegas Review Journal has published an editorial calling for Mr. Trump to admit defeat in the 46th Presidential election. Adelson-owned Review-Journal Calls for Mr. Trump’s Admission of Defeat President Donald Trump may need a reality check about what he considers to be the ongoing 46th Presidential election. Amid calls for electoral fraud […]

Business
November 13, 2020
UK Slots Gross Gaming Yield Low in September
Recent data revealed by the Gambling Commission in the UK outlines that the slots gross gaming yield (GGY) in September decreased by 4% when compared to August. In contrast, sports betting GGY in September marked a 15% increase, reaching £189 million. Slots GGY in September Reaches New Low Point Recent numbers by the Gambling Commission […]

Business
November 13, 2020
BetMGM Appoints Former MGM Chief Corporate Counsel Hagopian
BetMGM, the sports betting brand of the joint venture of GVC Holdings and MGM Resorts, Roar Digital, announced Thursday a new addition to its executive team, as Andrew Hagopian, former Chief Corporate Counsel of MGM Resorts, is joining as its Chief Legal Officer. Responsible for Legal and Compliance Departments Hagopian, who holds a J.D. from […]

Business
November 13, 2020
Svenska Spel and SSF Continue Their Cooperation Through 2022
Swedish state owned gaming company Svenska Spel has renewed its ongoing partnership with the Swedish Sports Confederation or Riksidrottsförbundet to continue involve people with sports and tackle match-fixing in sports. Svenska Spel and Riksidrottsförbundet Extend Partnership The Swedish Sports Confederation (Riksidrottsförbundet) has had longtime strategic cooperation with Sweden’s state-owned gaming company, Svenska Spel. The partnership […]

Business
November 12, 2020
Flutter Raises Earnings Guidance, Reports 30% Jump in Q3 Revenues
Flutter Entertainment raised its earnings guidance on Wednesday, as betting customers grow. The group reported a 30% increase in revenue in Q3. EBITDA Up By 2.4% From Previous Forecast Betting giant Flutter Entertainment (FLTR), the owner of Paddy Power, Betfair, and Poker Stars raised its full-year operating profits guidance on Wednesday and reported a 30% […]

Business
November 12, 2020
Entercom Acquires QL Gaming For $32 Million
On Tuesday, Entercom Communications closed a $32 million all-cash acquisition deal with sports data affiliate platform QL Gaming Group. QLGG Brings a Large Array of Opportunities Radio and broadcasting leader Entercom Communications Corp. announced on Tuesday the acquisition of sports data and iGaming affiliate platform QL Gaming Group (QLGG) for about $32 million. Entercom will […]
