Business
December 16, 2024
Jefferies Praises Gambling.com’s OddsJam Acquisition, Reiterates Buy Rating
Gambling.com, a fast-growing provider of digital marketing services to the global online gambling industry, recently announced its historic acquisition of B2C company OddsJam. The transaction has since received acclaim from business experts, including Jefferies Equity Research. Gambling.com’s Business to Surge, Analyst Believes Jefferies Equity Research analyst David Katz expressed confidence that the deal will benefit […]
Business
December 13, 2024
Caesars Completes LINQ Promenade Sale, Repays Debt
American casino and hospitality giant Caesars Entertainment announced that it has completed the sale of its LINQ Promenade in Las Vegas. The sale of this Las Vegas asset was announced earlier this year and aligned with the casino and hospitality giant’s debt reduction goals. Caesars Used the Money for a Debt Prepayment Caesars agreed to […]
Business
December 13, 2024
Prime Sports Cleared for Launch in Kentucky, Hopes to Go Live by May
Online sports betting operator Prime Sports is preparing for a foray into Kentucky. Expected to launch in time for May’s Kentucky Derby, the wagering company is set to collaborate with local powerhouse Churchill Downs. No Limits for Pro Bettors, Prime Sports Promises Prime Sports has successfully procured a license from the Kentucky Horse Racing and […]
Business
December 12, 2024
FanDuel Appoints Two New Directors of Government Relations
American betting leader FanDuel Group has enhanced its leadership team with two additions. According to the announcement, James Hartmann and Louis Trombetta have both been designated as directors of government relations. Both Appointees Have Unique Track Records According to FanDuel, the appointees will reinforce the company’s ties with the government in states where it already […]
Business
December 12, 2024
Analysts Optimistic Regarding Flutter’s Prospects Despite Market Headwinds
Flutter Entertainment, the parent company of FanDuel, continues to enjoy optimistic projections among analysts, with recent evaluations highlighting its strong market position and robust growth potential. Macquarie and Deutsche Bank analysts continue to be confident in Flutter’s long-term prospects despite a challenging market environment, citing its consistent performance in key markets. Experts Largely Agree in […]
Business
December 12, 2024
Gambling.com Continues to Expand with Odds Holdings Acquisition
The fast-growing provider of digital marketing services to the global online gambling industry, Gambling.com Group, announced its plans to acquire OddsJam’s parent company Odds Holdings, Inc. The Acquisition Is Expected to Close In 2025 On Thursday, the former company confirmed it entered into a definitive agreement to acquire Odds Holds in a deal that has […]
Business
December 12, 2024
OLG Boosts Online Gaming As Private-Sector Rivals Grow
The Ontario Lottery and Gaming Corporation (OLG) is stepping up its game to hold its ground in the competitive Ontario iGaming scene, following advice from the Auditor General’s 2022 review. This action comes as the corporation feels the heat from private companies since the province opened up its online gambling market in April 2022. OLG […]
Business
December 12, 2024
VICI Properties Teams Up with IGP to Grow Canadian Gaming Portfolio
VICI Properties Inc., a key player in experience-based real estate, has struck a deal to change its master lease agreement with PURE Canadian Gaming Corp. This move allows Indigenous Gaming Partners Inc. (IGP) to buy PURE’s operating assets. The deal represents a big move in VICI‘s growth beyond its borders and highlights its aim to […]
Business
December 11, 2024
Wynn Boosts Investor Relations Team with New VP & SVP
Casino and hospitality juggernaut Wynn Resorts has expanded its investor relations team with two new appointments. The new hires will be tasked with overseeing the company’s investor relations strategy as Wynn seeks to further grow its business. Wynn Enhances Its IR Team with New Appointments The two additions to Wynn’s IR team are Price Karr […]
Business
December 10, 2024
Bragg Insider Purchases Highlight Leadership’s Near-Term Confidence
Bragg Gaming Group, a B2B provider of iGaming content and technology, has announced that the significant insider purchases that took place on December 10 highlighted the company’s confidence in its business. The company reiterated its optimistic FY 2025 guidance and implied that a sale might still be on the table. The Bragg Leadership Is Optimistic […]
