Financial technology company, Sightline Payments acquired JOINGO, a casino mobile app developer. The acquisition will boost Sightline’s offering while at the same time will increase the personalization of mobile marketing campaigns for its customers. Sightline Payments Takes over JOINGO Digital payments solutions provider for casinos and betting markets, Sightline Payments announced on Wednesday that it […]
Equity trading in the US is likely to undergo a major overhaul after a regulatory call for a broad review of stock trading rules is questioning legal mandates related to brokers, an article in Bloomberg speculates. Payments for Order Flow Staff at US Securities and Exchange Commission (SEC) was tasked to examine brokers’ requirements for […]
BetMGM has been named as the “Authorized Gaming Operator” of the Professional Fighters League (PFL). The partnership will give MGM Resorts International and joint venture partner Entain access to PFL promotions, VIP events, and the use of the PFL logos and marks. Officially commencing from June 10, BetMGM customers will have the opportunity to wager on […]
Sports data supplier Sportradar is pulling out of the proposed merger with Horizon Acquisition Corp. II and is looking for a traditional initial public offering (IPO), Sportico reports based on people familiar with the matter. Going Public via IPO The $10 billion business combination between the Swiss-based sports data provider and the special purpose acquisition […]
Tilak Mandadi, an industry veteran who worked for Disney and American Express is joining MGM Resorts. In his new position, as of July 6, he will serve as chief of strategy, innovation, and technology. Tilak Mandadi to Join MGM in July MGM Resorts International announced on Tuesday that it hired the services of Tilak Mandadi. […]
A lot of changes are coming to Caesars Entertainment this year, and some, if implemented, may not be welcomed by guests. The casino operator reportedly just met with Deutsche Bank analysts to get a different perspective on its short- and long-term movements, and the results, according to CDC Gaming Reports, might lead the company in […]
Sports betting company Genius Sports announced it launched an underwritten public offering of the company’s common stock to the amount of 20 million shares. Registration with the SEC Filed, Not Effective Yet The public offering for which Genius Sports filed a registration statement and a preliminary prospectus with the US Securities and Exchange Commission (SEC) […]
Betmotion, a leading gambling website in the Latin American region, announced Monday it entered into a partnership deal with data and analytics AI specialist Jada Gaming. “Betmotion is always looking to enhance its offering to maintain our strong market position and Jada’s solution takes our service to the next level.” Luis Traversa, Chief Operations Officer, […]
Betting technology business Sportech announced a proposal from its Board of Directors involving the de-listing of the company’s shares from the Main Market of London Stock Exchange (LSE) and enlisting them to trade on AIM. AIM More Suitable to Sportech The Board of Directors’ proposal also involves the company’s ordinary shares of 20 pence each […]
BetConstruct’s business-to-consumer brand Vbet has been approved by the Ukrainian gambling and lottery regulator KRAIL for a license for operating online casinos and poker in the country. With permission from KRAIL, Vbet will become Ukraine’s very first official online poker room. Ukraine outlawed gambling in 2009 before finally legalizing it once more in 2020. An ecosystem will now have to be established anew. Vbet […]
