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Business News and Headlines
Business
January 11, 2022
LVBet Boosts Responsible Gambling via Jada Gaming Partnership
Leading iGaming brand based in Malta, LVBet, announced a new partnership with the data and analytics AI specialist Jada Gaming. LVBet to Leverage Jada Gaming’s Platform Thanks to a New Partnership The new collaboration aims at strengthening the online sportsbook and casino operator’s responsible gambling capabilities. Besides growing, LVBet has previously vowed to ramp up […]
Business
January 11, 2022
Genting Group Subsidiary Facing Insolvency After Failing to Secure Lifeline
A few years ago, Genting Hong Kong set out on a mission. It envisioned a fleet of casino cruise ships and was so determined to realize its dream that it bought its own shipbuilder in Germany. It didn’t take long before trouble surfaced by way of a global pandemic, and Genting Hong Kong was caught […]
Business
January 10, 2022
EveryMatrix’s OddsMatrix Reached Milestone in Q4 Bet Turnover
Leading B2B provider of solutions, content, and services for the sports betting and gaming industry EveryMatrix announced today its sportsbook solution achieved a record turnover in the fourth quarter of 2021. Performing Better Than Forecasted OddsMatrix, the sports betting solution provided by EveryMatrix, registered a turnover of over €100 million ($133 million) per month of […]
Business
January 10, 2022
SRI Acquires Ben Fried as Head of Betting and Gaming for London
SRI, a global executive search and talent consulting firm focused on shaping the futures of companies across the media, content, technology, and sport, has made a new addition to its leadership by acquiring gambling industry veteran Ben Fried. Ben Fried Joins SRI Fried is joining SRI as its new head of betting and gaming practice […]
Business
January 10, 2022
Eccles, Bullpen, Sequoia, Kaszek Invest in Draftea $13.2m Round
A daily fantasy sport (DFS) app focused on Latin America raised $13.2 million in a seed funding round that saw some prominent industry investors back the startup ahead of the app’s launch in Q1 2022. Nigel Eccles Moves in on the Venture Draftea, a socially geared DFS platform that is currently in its beta-testing phase […]
Business
January 10, 2022
Hero Gaming Boosts Betting Footprint with BETBY Backing
BETBY has reached an agreement with Hero Gaming, a global gaming and betting operator, which will allow the company to establish a footprint in key territories worldwide and boost awareness for its products. Sports Betting on Hero Gaming’s Growth Radar The partnership will allow BETBY to leverage its product offering through Hero Gaming’s dedicated brands, […]
Business
January 7, 2022
IGT and WWE Sign Important Multi-Year Licensing Deal
International Game Technology PLC (IGT) has recently announced a new, exclusive multi-year licensing deal with WWE. The partnership will allow them to create and distribute omnichannel lotto games under the WWE brand, along with end-to-end advertising solutions. IGT Eager to Blend Its Lottery Expertise with the Valuable WWE Assets IGT chief operating officer Jay Gendron […]
Business
January 7, 2022
SharpLink Gaming Acquires $8.2M Worth of FourCubed Assets
SharpLink Gaming, an advanced technology pioneer at the forefront of the fast-emerging American sports betting industry, has purchased assets from FourCubed – a collaboration between SharpLink Management LLC and 6t4 Company. Details of the Deal The total worth of assets that SharpLink Gaming has purchased sits at around $8.2 million. SharpLink will $6.5 million of […]
Business
January 6, 2022
GNOG Shareholders, Investor File Fresh Lawsuits against Fertitta
New legal clouds gathered above the acquisition of Golden Nugget Online Gaming (GNOG) by DraftKings after two new lawsuits were filed against Tilman Fertitta and his participation in the deal. Fresh Lawsuits The new suits claim some of the financial and commercial terms of the $1.56 billion transaction benefitted unfairly Fertitta and several board members […]
Business
January 6, 2022
Golden Nugget and OtherLevels Extend Partnership By Two Years
Sports-oriented customer-engagement platform OtherLevels has negotiated to extend its partnership with the gambling operator Golden Nugget Online Gaming. The agreement will see the two parties collaborate for two more years. The Parties Extended Their Partnership by Two Years OtherLevels and Golden Nugget’s relationship first began in 2015 when the two scored their first deal. The […]