Business
April 21, 2020
Rhode Island Sportsbooks Reloaded by IGT and WH
William Hill and IGT have introduced an update to their Rhode Island sportsbook as part of an ongoing partnership between the companies. The industry leaders will help RI streamline the sports betting experience and offer customers a better, streamlined mobile betting experience. Enrico Drago of IGT on the Elevated Player Experience Enrico Drago, Senior VP […]
Business
April 21, 2020
Sportsbet Brings BetEasy Under Own Brand as TSG/Flutter Merge
Reneging on a decision to run a dual branding strategy, The Stars Group and Flutter Entertainment are bringing the BetEasy brand, Flutter’s Australia-facing sportsbook, under Sportsbet’s banner to boost the entities competitiveness and take on Tabcorp, their main rival in the Australian market. Sportsbet to Overtake BetEasy as TSG/Flutter New Branding Strategy Unfolds Sportsbet’s will […]
Business
April 21, 2020
WSOP Postpones Poker Tournaments Until Fall 2020
The world’s largest poker event, the World Series of Poker, has been postponed for the fall, joining a string of similar events. WSOP Postpones Global Poker Event for the Fall The annual World Series of Poker (WSOP) in Las Vegas has been postponed, the hosts said on Monday, April 20, citing the COVID-19 lockdown as […]
Business
April 20, 2020
SportPesa Restores Access to Its Website from Kenya, Stirs Rumours of a Possible Comeback
[UPDATE – 30/10/20]: SportPesa has just announced its return to Kenya minutes ago (as of press time). All gaming and sports betting services have been resumed – read the details here. [UPDATE – 31/10/20]: The Betting Control and Licensing Board (BCLB) has suspended Milestone Games Limited’s right to use the ‘SportPesa’ trademark – read the full […]
Business
April 17, 2020
TSG First Quarter Revenue Expected to Surge 27% Year-On-Year
The Stars Group issued a general business update to investors today, providing its expectations for the financial results during the first quarter of 2020. Canadian-headquartered online gaming company The Stars Group /TSG/ is now expecting a spike in revenue for the past three months, mainly due to the surge in activities in two of its […]
Business
April 17, 2020
Inspired and DraftKings Sign a Contract for Virtual Sports
The two gaming and betting giants – Inspired Entertainment and DraftKings – will sign a partnership contract for virtual sports. Inspired and DraftKings Sign Virtual Sports Contract On April, 16 when games technology Inspired Entertainment said that the company had signed a contract with sports betting and daily fantasy operator DraftKings. Based on the contract […]
Business
April 16, 2020
DraftKings Going Public After Merger with SBTech and Diamond Eagle
DraftKings plans to become a public company as soon as the merger with SBTech and Diamond Eagle is completed. DraftKings, SBTech and Diamond Eagle merger Fantasy sportsbook DraftKings is awaiting an approval to go public following a discussed merger with SBTech and Diamond Eagle. Harry Sloan and Jeff Sagansky are leading the public acquisition. With […]
Business
April 16, 2020
Star Entertainment and Crown Resorts Cut Executives Pay
Australia’s largest casino operators, The Star Entertainment Group and Crown Resorts, have adopted measures to weather the COVID-19 occasioned lockdown without taking too much of a financial hit. Crown Resorts and The Star Entertainment Group Updated Securities Filings Australian casino giants have taken serious pay cuts across their executive staff to help weather the coronavirus […]
Business
April 15, 2020
888 Holdings 2019 Revenue Increased, Yet Profit Sank
888 Holdings, the Gibraltar-based online gaming operator, posted its 2019 financial report, showing an increase in revenue compared to the year before. Even the revenue increase could not offset the rise in regulatory costs and other expenses for the company, resulting into plummeting profit before tax. Revenues For the past year, 888 Holdings registered operational […]
Business
April 15, 2020
Scientific Games Strongly Positioned to Deal with Business Adversity
Closure of land-based casinos and other retail gaming outlets did not affect the gaming companies only, but their technology solutions providers, too. In a statement regarding its financial position amid the ongoing health crisis, Scientific Games /SG/ reported it had implemented during the second quarter of 2020 cost savings to the extent of $100 million. […]