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Business News and Headlines
Business
August 1, 2019
Penn Forges 20-Year Deals with DraftKings, STG, Others
Penn National has signed partnerships with multiple betting and gaming companies, including PointsBet, theScore, The Stars Group, DraftKings, and Kambi. Penn National Adds Multiple Big Gaming and Betting Brands Penn National has signed up a number of partnership agreements with prominent suppliers and brands of various sports betting, poker, and gambling products. The US-based casino […]
Business
July 30, 2019
Inspired Becomes Loto-Québec Suppliers of iGaming Solutions
Inspired Entertainment breaks into Canadian market Loto-Québec to benefit from the company’s Plug N Play offer More slot and table games arriving to Québec Inspired Entertainmentwill bring its on-demand virtual sport Plug N Play platform along with casino table and slot games to Loto-Québec. Inspired Entertainment Enters Quebec’s Lottery Inspired Entertainment is entering Canada with […]
Business
July 29, 2019
Sports Betting in Germany Disassociated from Online Casinos
New German licenses for sports betting vendors require no connections to online casino services The German States is looking for more permanent solutions to issues with online gambling The newly appointed licensing starts January 1st, 2020 but will last only year and a half Earlier in July the Darmstadt Regional Council in Germany appointed new […]
Business
July 28, 2019
Walt Disney Settles with Genting over Fox Deal
Walt Disney and Genting settle in Fox Case Fox World to be renamed to Genting Genting overcomes an important setback in its investment portfolio Walt Disney has agreed to honor the original deal struck between Fox and Genting back in 2013, allowing Genting to use Fox assets in the rebranded Fox World resort. Walt Disney, […]
Business
July 27, 2019
Sports Betting Integrated in North Carolina Law
Governor Roy Cooper signs bill to make sports betting legal in North Carolina Local lawmakers decide not to burden the operation Sports betting to be restricted only to gambling operations, leaving mobile betting out of the question This Friday marks the day on which North Carolina become the seventh state to integrate sports betting in […]
Business
July 26, 2019
Deal between Rhode Island Governor and IGT Raises Questions
Gina Raimondo extends deal between IGT and the state of Rhode Island until 2043 State legislators submit ethics complaint against the decision Arguments for the deal can’t stand up to par Raimondo and IGT Sign New Contract amid Criticism from Observers Gina Raimondo, governor of Rhode Island, has reportedly concluded a new deal with International […]
Business
July 25, 2019
Playtech Teams Up Ontario Lottery and Gaming Corp.
Canadian government decides to establish competitive market for iGaming Playtech and Ontario Lottery expand their collaboration in the region BetBuddy – gambling data analytics technology – to be implemented in OLG’s iGaming platform Playtech – one of the best known names in iGaming development and solutions – has expanded its relationship with the Ontario Lottery […]
Business
July 25, 2019
William Hill’s Response to FOBTs Reductions in the UK
William Hill is now thinking to engage with the U.S. betting market more actively, faced with stringent regulatory measures at home. William Hill and FOBTs William Hill troubles back home in the United Kingdom could potentially lead to the strengthening of the company’s U.S. portfolio. Facing stringent regulations, the company is now shutting down estimated […]
Business
July 23, 2019
Better Collective Boosts U.S. Portfolio, Adds Betting Portals
Better Collective has acquired two dominant sports betting brands in the United States, namely the Florida-based Vegas Insider and Scores and Odds. The agreed upon acquisition amounts to the price of 20 million USD for both websites and has been completed through Better Collective’s wholly-owned US subsidiary. Each of the brands has established itself as […]
Business
July 21, 2019
Betsson and Svenska Spel Find Swedish Market Tough
Betsson and Svenska Spel among the affected operators in Sweden Results fall across the board for all operators Bonuses and advertisement could be banned Betsson is the latest operator to be affected by the tough Swedish market where regulatory measures intensify. Svenska Spel and Betsson’s Results Tank in Sweden Newly-regulated, the Swedish gambling market has […]