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Business
November 22, 2021
Codere Shareholders Take Control of the Gaming Company
The April debt-for-equity agreement at Codere that sees the business transfer to Codere New Topco SA has been completed. A holding company in which bondholders hold a 95% share, Codere New Topco SA is now the new owner. Although the previous owners retained a 5% interest, they can receive up to 15% from any potential […]
Business
November 22, 2021
Gopher Walks Away From Potential Playtech Acquisition
Gopher Investments has pulled its offer to buy London-listed gaming company Playtech from Gopher Investments in the wake Eddie Jordan-led €3.56-billion ($4.01 billion) entrance into the competition. Gopher, based in Hong Kong owns 4.97% of Playtech and is already looking to buy its Finalto financial trading section. This deal should be completed in the first […]
Business
November 19, 2021
“Get Ready to Rumble” With Betfred’s Latest UK Advertising Campaign
The new nationwide marketing campaign by BetFred called “Let’s Get Ready to Rumble” will debut hits weekend on Sky Sports and BT channels. This headline campaign by the bookmaker from Manchester will welcome sports fans in the UK to stadiums and what’s even more entertaining is that it will feature the legendary boxing ring-announcer Michael […]
Business
November 19, 2021
iBET’s Launch Brings Sports Betting and Gaming to Wall Street
Inherent Wealth Fund, a registered investment adviser focused on thematic and sector-specific investing, announced the launch of the first and only actively managed sports betting and gaming exchange-traded fund (ETF). First Managed Sports Betting and Gaming ETF iBET Sports Betting & Gaming ETF, an ETF designed to appeal specifically to the next generation of investors, […]
Business
November 19, 2021
Gambling.com Posts Robust Results in Q3 2021
Gambling.com Group Limited has reported a robust performance for the third quarter of the year, with the group’s results bolstered by a commitment to organic growth and methodically building up its footprint in the online gambling industry and shored up by the return of the sports season in the US. Return of Sports Bolsters Gambling.com’s […]
Business
November 19, 2021
Blackstone Makes a Second Pass to Purchase Crown Resorts
The Blackstone Group, an American private equity firm, has made a new bid to purchase all shares in Australia’s Crown Resorts. Crown issued a statement early Friday stating that Crown’s latest bid was valued at AU$8.5 billion ($6.2 billion), and Blackstone offered AU$12.50 per share – in cash – in a scheme of arrangement. Blackstone […]
Business
November 19, 2021
Caesars Becomes Latest to Partner With Madison Square Garden
New York’s Madison Square Garden Sports Corporation (MSG Sports) and Madison Square Garden Entertainment Corporation (MSG Entertainment) have announced a multi-year partnership agreement with Caesars Entertainment. Caesars is now an official sports betting partner for the New York Knicks and New York Rangers. It also becomes an official partner of MSG Arena, MSG Networks and […]
Business
November 18, 2021
Jorge Morales to Lead Pariplay’s LatAm and Caribbean Expansion
Continuing its global expansion, Pariplay appointed Jorge Morales as director of business development. In his new position, he is going to be responsible for the growth within the LatAm and Caribbean region. Pariplay Keeps Focus On LatAm and Caribbean Region Expansion Pariplay, the leading aggregator and content provider, announced on Thursday that it appointed Jorge […]
Business
November 18, 2021
Eddie Jordan-led Consortium May Spoil Aristocrat’s Playtech Party
A potential bid from a consortium led by former F1 team owner Eddie Jordan is threatening to derail Aristocrat’s acquisition of Playtech, Sky News reported. New Contestant JKO Group, a company established to seek opportunities in the international gaming arena by former F1 team owner Eddie Jordan and former Scientific Games executive Keith O’Loughlin, emerged […]
Business
November 18, 2021
Maryland Casinos Join Forces To Receive Sports Betting Licenses
Three casinos in Maryland that are often viewed as big competitors on the market joined forces on Monday with the goal of putting pressure on the state to act on the sports betting licenses that were promised. MGM National Harbor, Horseshoe Baltimore and Live! Casino want to establish their sportsbook operations while the NFL season […]