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Business
June 21, 2022
Sky Betting & Gaming Senior Leadership Praised in Glassdoor Review
Sky Betting & Gaming has been named as one of the top 25 UK companies by the latest workplace review by Glassdoor, a job posting website. This survey focused on the senior leadership and was based on anonymous feedback from employees. Sky Betting & Gaming Named One of Best Companies After the company placed 29th […]
Business
June 21, 2022
Hachette’s Veteran to Serve as Entain Chief People Officer
Entain is busy working on its professional lineup with a number of new appointments trickling in over the last months. The latest such appointment is going to be Melanie Tansey who is joining Hachette UK, a publishing company, and she will serve as the company’s new chief people officer. Melanie Tansey Steps into the Job […]
Business
June 20, 2022
CDI’s $291m Sale of Land near Calder Casino Completed
Racing, wagering and entertainment operator Churchill Downs Incorporated (CDI) announced Friday that it has successfully closed the transaction for the sale of 115.7 acres of excess land near Calder Casino in Florida. Plans for Additional Sales of Land The $291-million sale of land near CDI’s wholly-owned Calder Casino was initially announced in November last year, […]
Business
June 20, 2022
Rank Group Predicts Weak FY 2021/22 Results
British gambling company The Rank Group announced that it will likely underachieve and fail to reach its operating profit forecasts for the 2021-22 fiscal year. This is caused by the operator’s underperformance in its home market, especially in the latter two quarters of the year. Rank Group’s Business Underperformed Rank Group’s earlier predictions expected it […]
Business
June 20, 2022
SIG Sports Purchases 12.8% Of PointsBet
PointsBet has landed an AU$94.2 million ($65.75 million) investment from Sports Investment Corp. With this development, SIG Sports has agreed to purchase 38.75 million shares from PointsBet at a price of AU$2.43 ($1.7) and thus, gain a 12.8% stake in the company. The deal comes just a week after PointsBet turned down an acquisition offer […]
Business
June 20, 2022
ParlayBay Brings Dedicated Content to INDIBET
Sports betting titles provider ParlayBay has teamed up with INDIBET, an established sports betting brand with a global reach that focuses on cricket exclusively. The INDIBET website does have dedicated sportsbook facilities for a broader range of experiences. ParlayBay CEO Patrick Nordwall welcomed the opportunity: INDIBET is the perfect partner for us to release our […]
Business
June 18, 2022
BetMGM Expands Betting and Gaming Operations to Carnival
A top three betting and gaming operator in the US is teaming with one of the largest cruise ship operators to provide retail and mobile gaming to cruise ship guests. Phased Rollout to US-Branded Carnival Ships BetMGM, one of the leading three sports betting and gaming operators in the US, alongside DraftKings and FanDuel, announced […]
Business
June 18, 2022
Betsson AB Placed €90m in New Senior Unsecured Bonds
Swedish-based gambling group Betsson AB announced this week it has managed to successfully place new senior unsecured bonds in the amount of €90 million ($94.23 million). Institutional Investor Interest The new bonds issued by Betsson AB are under a framework of up to €250 million ($261.75 million), have a tenor of three years, and bear […]
Business
June 18, 2022
NeoGames Finalizes Aspire Global Acquisition
iLottery platform provider NeoGames has completed its acquisition of Aspire Global, which started this January. 99.31% of the shares in Aspire Global were tendered, and any remaining shares will be subject to a compulsory sale around 11 August. The deal is worth SEK4.3billion ($440.0 million) and will result in the complete merger of the two […]
Business
June 17, 2022
Playtech Extends Negotiations Period with TTB Partners
Playtech has decided to extend TTB Partners’ period to submit a proposal for acquiring the former company. This was announced this morning by the gaming supplier’s board of directors. Playtech and TTB Partners to Continue Negotiations TTB Partners had to submit a proposal by June 17, which it failed to do. As per Playtech’s board’s […]
