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Business
December 6, 2021
Catena Media Paused Share Buyback Program after Two Rounds
Online lead generator for the iGaming industry Catena Media announced today its share buyback program would be paused in compliance with the requirements of the Maltese Companies Act (MCA) until the holding company has new distributable profits. Share Buyback on Hold The share buyback program that allowed Catena Media to expand its stake to 3.1% after two rounds of share repurchases will now cease […]
Business
December 6, 2021
Bullpen SPAC Launches With $200M IPO and Support From Industry Veterans
Two industry veterans launched а special purpose acquisition company launched on the Nasdaq stock exchange, following a $200 million initial public offering. Industry Veterans Have Launched a SPAC The initial public offering saw the company, going by the name Bullpen Parlay Acquisition Co, sell a total of 20 million shares at a price of $10 per […]
Business
December 6, 2021
Pariplay Brings Deane Hendricks as COO at Wizard Games
Pariplay’s Wizard Games studio has tapped a new iGaming veteran who will serve as its chief operations officer. Deane Hendricks is stepping into the position to provide the Pariplay brand with all that it would need to continue expanding its footprint in the industry. Charting New Growth Strategies Just last week, Pariplay announced that it’s adding Wizard […]
Business
December 6, 2021
Craig Billings Confirmed as new Wynn Macau Boss Starting February
Wynn Macau confirmed that it will follow the US parent Wynn Resorts’ lead. It has decided to appoint Craig Billings to be the new CEO of the company once Matt Maddox leaves early next year. Billings Takes the Helm Billings will assume the role and will be redesigned from a non-executive director to an executive […]
Business
December 6, 2021
Seminole Sports Betting App Goes Dark as Tribe Fights the Government
The Seminole Tribe of Florida on Saturday ended digital sports betting via its Hard Rock Digital platform. This was less than 24 hours after an appellate court denied the tribe’s appeal for a stay. After the Seminoles launched their sportsbook app in November, this was the third consecutive time that a federal court ruled against […]
Business
December 6, 2021
Tombola to Make Dutch Affiliates Pay for Compliance Check
One online gaming company wants to ensure that it doesn’t have to pay for the actions of its affiliates as the Netherlands develops its online gaming market. Tombola will require affiliates to complete a compliance review. Forced Compliance Reviews Flutter Entertainment recently acquired Tombola, an online bingo site. All affiliates must undergo a compliance inspection […]
Business
December 3, 2021
Churchill Downs Inc. May Sell Sports Wagering Platform TwinSpires
Churchill Downs Incorporated is currently contemplating the idea of selling TwinSpires Racing, according to knowledgeable sources who have chosen to remain anonymous, says Bloomberg. The information has not yet been shared with the public. According to the report, if the deal goes through, the company would cash in $1.5 billion. Churchill Downs Inc. owns and […]
Business
December 3, 2021
Golden Nugget Owner’s Attempt to Break SPAC Agreement Falls Flat
FAST Acquisition is a blank-check business that agreed to merge with Tilman Fertitta’s Fertitta Entertainment in February. However, the Texas billionaire and owner of the Golden Nugget casino brand is trying to break that deal. This could be the beginning of a legal dispute. Fertitta Balks at SPAC In February, the parent companies of the […]
Business
December 3, 2021
Maryland’s Sports Betting Market Could Add New Options This Month
Five Maryland casinos are closer to launching retail sports betting. According to the Maryland Lottery and Gaming Control Commission (MLGCC), the regulator is planning to conduct soft launches at the properties. All five were granted licenses by the Sports Wagering Application Review Commission (SWARC) on November 18. Maryland Making Progress With Sports Betting It took […]
Business
December 2, 2021
GAN Launches Ainsworth Products at TwinSpires through SuperRGS
GAN Limited has revealed that it has completed the Ainsworth Game Technology Limited online gaming content to Churchill Downs Incorporated’s TwinSpires, through its dedicated SuperRGS aggregation platform. GAN follows up on an earlier agreement with Ainsworth to obtain exclusive online rights over the latter’s online games. GAN’s acquisition of Ainsworth was motivated by the former’s desire to expand in the US […]