NetEnt acquires Red Tiger in £220m deal That constitutes 12 times NetEnt’s projected EBITDA for 2019 The last tranche to be paid by 2022 and valued at £23 million NetEnt has revealed Red Tiger acquisition, paying £220 million to acquire the rival gaming vendor. The companies are hoping to achieve new synergies and accelerate growth […]
William Hill replaces Bowcock as CEO Chief of digital Ulrik Bengtsson takes the job on September 30 The company will be focusing on digital expansion moving forward William Hill CEO Philip Bowcock has announced his retirement from the post, giving way to Ulrik Bengtsson, the current head of digital within the company. Bowcock Steps Down […]
Partnership between the two brands unrolls the red carpet to their online sportsbook brand in New Jersey Available on Android and iOS, Fox Bet will offer daily coverage with featured hosts and pre-match, and in-play wagering on a variety of sports Having struck a 25-year commercial agreement, the aim is for Fox Bet to become […]
Australian sports betting operator PointsBet saw the end of its financial year riddled with expenses over US expansion Core business operations soared to AUD$25.6 million, up 173% in comparison to the previous fiscal year Chief executive Sam Swanell reasons that expenses are necessary for their growing presence on the US market, feeling upbeat despite the […]
The regulated sports betting market in Rhode Island reports a 61.5% month-on-month nosedive for the month of July Hopes are the market will be boosted from the launch of mobile betting apps, said to be in testing phase While no dates have been set, it is expected that mobile betting will be fully operational by […]
Iowa sees growing interest towards their regulated sports betting market Two more casino operators announce the launch of sportsbooks at their venues The new entries launch operations at Grand Falls Casino and the Diamond Jo casino in Northwood This week Iowans saw two more sportsbooks launch on state territory making for a total of 10 […]
After hours reduction, Grand Villa employees facing layoffs Employees can opt into voluntary redundancies or transition to part-time positions Union representative say they feel “blind sided” by the way the matter was handled The Grand Villa Casino in Edmonton, Canada will see dozens of workers laid off as part of a restructuring addressing slow economy. […]
In light of last year’s enactment of law Japan announces up to three licenses for the development of an IR in the country High market worth prognoses draw in bids for large-scale developments by serious contenders Osaka and Yokohama estimate attractive economic benefits, embracing the chase, as operations are estimated to commence sometime in the […]
DraftKings releases mobile sports betting app for WV This is the second app to arrive on the market after FanDuel’s DraftKings teams up with NetEnt for a New Jersey partnership DraftKings has become the second operator in West Virginia to launch a mobile sports betting app, following an earlier release by FanDuel this week. DraftKings […]
Melco and Crown Resorts will wait until September 30 to transfer remaining shares Move is occasioned aid an NSW investigation Share price to go up if deal is not concluded by the deadline Melco Resorts and Crown Resorts have agreed to defer the second-tranche of a $135.35 million-share deal amid an ongoing Australian investigation into […]
