Business News and Headlines
Business
September 16, 2020
DraftKings Becomes Giants’ Official Sports Betting Operator
Daily fantasy and sports book operator DraftKings announced today it entered into an exclusive multi-year arrangement with the New York Giants. According to the terms of the deal, DraftKings is becoming the Official Sports Betting, iGaming and Daily Fantasy operator for the franchise from the National Football League (NFL). SportsLounge to Further Engage with Fans […]
Business
September 14, 2020
City of Dreams Manila Undergoing Casino Operations Trial Runs
City of Dreams, the casino-type resort in the Philippines operated by a subsidiary of Melco Resorts, confirmed it was undergoing trial runs of its casino operations. The management of the resort informed local outlet GGRAsia that despite the tests, the casino property is still waiting for a reopening date for full operations to be set. […]
Business
September 14, 2020
PointsBet Enters the Illinois Sports Betting Market
The online betting firm PointsBet launched online, mobile, and sports betting in Illinois. The operator will also offer exclusive prices for games of the Chicago Bears NFL team. The Online Gambling Operator Expands Its U.S. Presence by Entering Illinois Saturday, September 12, PointsBet announced its entry on the Illinois sports betting market. The gambling operator […]
Business
September 13, 2020
Betfair to Pull Betting Exchange in New Jersey on October 1
British sports betting exchange Betfair announced on Friday, September 11 that the company was withdrawing from the New Jersey market. Betfair cited poor results in the market as well as the fact that the state was getting its first sports betting exchange as the reasons behind the decision. The company will stop servicing the market […]
Business
September 12, 2020
Rank Gambling Group Urges London to Revitalize As Profits Continue to Plummet
The Rank Group, which owns numerous gambling establishments in the UK, has suffered a sharp drop in profits at its Grosvenor Hotel and Casino locations within the capital. Even though the casino has been given the go-ahead to reopen, revenues are trailing behind last year’s numbers reaching only 40% of the expected amount. Other casinos […]
Business
September 11, 2020
Former MGM CEO Mulls New Gaming & Entertainment Projects
Former MGM Resorts International CEO Jim Murren is pursuing potential deals in online gaming, live events and other entertainment-related businesses, according to a Bloomberg report. Murren, who led the casino company for more than a decade before stepping down in March teamed up with Edward King and Daniel Fetters, both Morgan Stanley veterans, in search […]
Business
September 11, 2020
Red Rake Gaming Teams up with Moosh.pt
Under a new partnership between Red Rake Gaming and Moosh.pt, top-performing game titles will be available for Moosh.pt players. The online casino developer Red Rake Gaming continues to expand on the Portuguese market. Red Rake Gaming Continues to Grow on the Portuguese Market Tuesday, September 8, the online casino developer Red Rake Gaming teamed up […]
Business
September 11, 2020
Barclays Is Beefing Gambling Block Feature with Cooling off Period
Barclays is implementing a cooling off period for its customers who elect to switch off their gambling-related transactions. The new feature that will make customers wait for at least 72 hours before they can resume with gambling payments will be introduced in the coming weeks. In December 2018, Barclays introduced a protective option for its […]
Business
September 10, 2020
William Hill and CBS Sports Roll Out New Digital Content
William Hill US and CBS Sports, as part of their deal signed in February, announced Wednesday the roll-out of wide ranging digital content across all digital platforms of the media network, as the sports betting operator is looking to utilize the innovative partnership ahead of the start of the new fantasy football season. New Games, […]
Business
September 9, 2020
Penn National Soft Launches Sportsbook App in PA
The soft launch of the new Barstool Sportsbook app by Penn National in Pennsylvania was announced yesterday. The test will be for the period September 15-17. Upon successful regulatory approvals, the operator plans to officially launch the app on September 18. Penn National Launches Test for Its New Barstool Sportsbook App in Pennsylvania Tuesday, September […]