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Business
April 11, 2022
PointsBet Becomes Official Sports Betting Partner for MLSE’s Pro Teams
PointsBet Canada has signed a multi-year deal with sports and real estate company Maple Leaf Sports & Entertainment (MLSE). According to the agreement, PointsBet will become one of MLSE’s official sports betting partners. The New Partnership Is Historic PointsBet Canada’s chief executive officer Scott Vanderwel called the new agreement a “historic deal”, adding that partnering […]
Business
April 11, 2022
International Game Technology to Acquire iSoftBet in a $174M Deal
International Game Technology (IGT), a multinational business-to-business provider of slot machines and gambling technology, has reached a definitive agreement to acquire the casino solutions provider iSoftBet. IGT to Acquire iSoftBet in a $174M Deal The two parties have agreed on the final sum of $174 million in cash. Thanks to this acquisition, IGT will expand […]
Business
April 11, 2022
Nelson Parker Named Senior Vice President, Strategic Development at MGE
On Thursday, April 7, Mohegan Gaming & Entertainment (MGE), a leading entertainment and gaming brand, announced that Nelson Parker, a US casino industry veteran, was appointed SVP of Strategic Development at the company. Parker, who is well-seasoned in leading complex multi-party transactions and hotel and casino development projects, will seek, find, evaluate, and implement growth […]
Business
April 7, 2022
New York Mets & Caesars Entertainment Sign Multi-Year Deal
America’s largest gaming company and worldwide leader in hospitality Caesars Entertainment Inc has signed a multi-year deal with the New York Mets. According to the agreement, Caesars Sportsbook will turn into the Major League Baseball franchise’s official partner for sports betting. The New Partnership Follows Caesars’ Goal to Become a Market Leader After the official […]
Business
April 7, 2022
Sale of William Hill’s Non-US Assets Revised Down By £250m
US casino giant Caesars Entertainment announced today a revision on the price consideration of the sale of William Hill’s non-US assets to 888 Holdings. Downward Revision of Price Consideration According to the announcement today, Caesars is selling the non-US assets of William Hill to 888 Holdings for a revised enterprise value of between £1.95 billion […]
Business
April 7, 2022
William Hill’s Review Forces Caesars and 888 to Amend their Agreement
The Caesars-owned British gambling operator William Hill has set aside almost $20 million to pay a fine by the United Kingdom’s Gambling Commission if the latter decides to impose one. William Hill Prepares $19.6M to Cover Up Fines The last few months have seen William Hill fail to play by the rules several times, which […]
Business
April 7, 2022
Elys Strikes Partnership with Lottomatica as It Pursues NA, European Growth
Elys Game Technology has signed a new partnership with Lottomatica and will now provide the lottery operator with a range of customizable gaming software. The company stands to benefit from Lottomatica licensing rights which will allow both parties to benefit and expand their reach in their respective fields. Elys Ready to Deliver on a […]
Business
April 6, 2022
Kambi Unveils New CCO and Promotes Three People to SVP Positions
Kambi Group, a leading business-to-business provider of sports betting services to licensed B2C gaming operators, has strengthened its commercial team with the addition of new chief commercial officers and three senior vice presidents. Wachtmeister to Lead Kambi’s Commerce The one stepping in as a CCO is the experienced Cecilia Wachtmeister, who has been working for […]
Business
April 6, 2022
Wyoming Lottery and Intralot Extend Collaboration for 5 Years
The leading gaming solutions provider, Intralot, announced that its US subsidiary, Intralot Inc., extended its existing contract with the Wyoming Lottery Corporation. Intralot and Wyoming Lottery Extend Their Partnership Under the terms of the 5-year partnership extension, Intralot Inc. will continue to supply its services and lottery operating system for the Wyoming Lottery. The duo’s […]
Business
April 6, 2022
Genius Sports and the European Tour to Launch F2P Fantasy Game
Official data, technology, and broadcast partner at the nexus of sports, betting and media Genius Sports announced today a partnership with the European Tour that will see the launch of the new official Fantasy game of the DP World Tour. Enhance Fans Experience The launch of the new free-to-play (F2P) Fantasy game in partnership with […]
