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Business

GVC Selling Ladbrokes and Coral Racecourse Pitches to John Hooper

The parent company of the famous Ladbrokes and Coral brands, GVC revealed that it will sell 106 racecourse pitches in UK and Ireland to John Hooper. The decision was not taken lightly and is the result of changes that made racecourses no longer a strategic purpose for GVC. Racecourse Operation Is No Longer a Strategic […]
GVC Selling Ladbrokes and Coral Racecourse Pitches to John Hooper
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Business

iSoftBet Brings Lars Kollind as Head of Business Development

iSoftBet has appointed Lars Kollind, a gaming and betting industry veteran with extensive business savvy, as Head of Business Development as the company pivots towards 2021 with expansion in mind. Lars Kollind Takes Rein over Business Development Leader in compliance and regulated markets, iSoftBet has tapped iGaming veteran Lars Kollind who steps in as the […]
iSoftBet Brings Lars Kollind as Head of Business Development
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Business

Tipico’s Customer Satisfaction Skyrockets as Sustainability Becomes Priority

US sportsbook Tipico’s second annual corporate sustainability report published in September presents the company’s approach to problem gambling, player protection, as well as its environmental impact and customer satisfaction. The company offers digital and mobile betting content by developing technology that improves the iGaming environment and provides a safer gaming experience to players. Tipico is […]
Tipico’s Customer Satisfaction Skyrockets as Sustainability Becomes Priority
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Business

GLPI and Twin River Acquire Caesars’s Tropicana Evansville For $480 Million

Caesars Entertainment announced on Tuesday it will sell the Tropicana Evansville casino in Indiana to real estate investment trust Gaming and Leisure Properties (GLPI) and gaming company Twin River Worldwide Holdings for a package deal of $480 million. GLPI Will Lease the Casino to Twin Rivers Twin River will buy the casino operations for $140 […]
GLPI and Twin River Acquire Caesars’s Tropicana Evansville For $480 Million
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Business

IGT Generated $4.84B of Direct Economic Value in 2019

Gaming solution provider International Game Technology (IGT) released its latest sustainability report, to highlight its efforts to support the industry, the communities and the environment. IGT quantified the economic value from its products and services for 2019 to the amount of $4.84 billion. The report stated that both the direct economic value and the economic […]
IGT Generated $4.84B of Direct Economic Value in 2019
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Business

Red Rock Resorts Cuts Expenses, Reveals Impressive Q3 Results

By introducing careful cost cuts and optimizing its expenses, Red Rock Resorts revealed impressive results in the third quarter of 2020. The operator used the COVID-19 lockdown period to re-evaluate its operations which made the company leaner and more efficient. Red Rock Resorts Reveals Q3 2020 Results Tuesday, October 27, Red Rock Resorts revealed its […]
Red Rock Resorts Cuts Expenses, Reveals Impressive Q3 Results
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Business

MotorCity Expands on Debt amid Fears of Second Closure

MotorCity Casino Hotel in Detroit is making provisions in case a second lockdown on the business is imposed. The Ilitch-owned gambling establishment got an approval from the Michigan Gaming Control Board (MGCB) during a special meeting Monday to expand on its revolving credit facility and overall finance model. MGCB Unanimously Approved the Plan The casino […]
MotorCity Expands on Debt amid Fears of Second Closure
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Business

DC United First MLS Team to Host a Sportsbook at Home Arena

DC United has announced that it’s teaming up with FanDuel, a leading sports betting company, to host a dedicated retail sportsbook at Audi Field. DC United Invites FanDuel into MLS with Sportsbook Partnership DC United, a Major Soccer League (MLS) franchise, is teaming up with FanDuel, a betting firm, to bring a dedicated sportsbook experience […]
DC United First MLS Team to Host a Sportsbook at Home Arena
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Business

DraftKings and MansionBet Extend Existing Partnership Deal

Daily fantasy sports and sports book operator DraftKings announced today the renewal and extension of its relationship with MansionBet, the sports betting brand of Mansion Group. DraftKings’ B2B Technology According to the terms of the new multi-year deal, DraftKings will continue to power the sports book and casino platform of the Gibraltar-based Mansion Group through […]
DraftKings and MansionBet Extend Existing Partnership Deal
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Business

Genius Sports Goes Public, Merges with dMY Technology Group II

UK-based sports betting data provider Genius Sports announced today it entered into a definitive business combination agreement with the special purpose acquisition company (SPAC) dMY Technology Group II. Genius Sports Will Trade on the NYSE The $1.5 billion deal with the blank-check company will allow Genius Sports to start trading on the New York Stock […]
Genius Sports Goes Public, Merges with dMY Technology Group II