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Business
October 19, 2021
New Jersey Tops $1 Billion in Sports Betting Handle in September
New Jersey has finally broken the ten-figure barrier, as its September sports betting handle topped $1 billion. According to the New Jersey Division of Gaming Enforcement, the total of $1.01 billion handle represents close to a 50.6% increase of August’s handle. Most of the Handle Came from Online Sports Betting New Jersey’s handle is the […]
Business
October 19, 2021
Bet365 Joins San Antonio Spurs to Deliver F2P Game
NBA franchise San Antonio Spurs has revealed a new partnership with global betting operator bet365. Through that partnership, the pair will launch “Call Your Shot,” a new F2P game available to fans in which they can enjoy exclusive prizes and experiences, the team confirmed in a press release. Building up Fan Engagement and Brand Recognition […]
Business
October 19, 2021
Sony Pictures Sells Social Gaming Platform GSN Games to Scopely
Social gaming is big business. Just ask Sony Pictures Entertainment (SPE), which has entered an agreement to sell its GSN Games division to Scopely. By the time the ink is dry on the sales contract, Sony will have completed a transaction worth $1 billion in cash and equity. GSN Games Purchased by Scopely Scopely, a […]
Business
October 19, 2021
Disney Could Be Looking at Spinning Off ESPN
Disney has been one of the key opponents of legalizing sports betting in states like Florida, arguing that the Sunshine State is a place for family and friends. Over the years, not even Disney has been able to resist the pull of interactive wagering that washed over the US and has so far had over […]
Business
October 18, 2021
Online, Mobile and Retail Sports Betting Coming to Red Rock Resorts
Red Rock Resorts, the parent company of Station Casinos, is about to receive a massive upgrade to its services, as GAN agreed to provide this operator with mobile, retail and online sports betting services. All of its casinos across Nevada will be able to provide its customers with the said solutions. With this arrangement, the […]
Business
October 18, 2021
BGO Entertainment’s License Suspended by the UKGC
BGO Entertainment is experiencing massive problems as the UK Gambling Commission (UKGC) has decided to suspend its license. The regulator determined that the gaming company is not capable of carrying all of the licensed activities. The UKGC released a statement in which it says that, in accordance with the Gambling Act of 2005, Section 116, […]
Business
October 18, 2021
Okada Manila Ready to Land on NASDAQ
Okada Manila is ready to be seen on NASDAQ. The company is launching on the exchange through a convoluted merger with a special purpose acquisition company (SPAC), 26 Capital Acquisition Corp., and, provided everything goes according to plan, the new company will have a total equity value of $2.5 billion. Okada Manila Hits NASDAQ According […]
Business
October 18, 2021
Aristocrat Confirms $3.7BN Bid to Acquire Playtech
Aristocrat Leisure Ltd. has confirmed its cash offer of around $3.7 billion to acquire Playtech Plc, a developer of content for the land-based and online gaming industries. The amount is a premium of 58% on Playtech’s last closing price on Friday at the time of the offer. Confirming the news earlier today during a presentation […]
Business
October 15, 2021
Veikkaus Reduces Workforce, Parts Ways with up to 190 Workers
Citing decreased business volumes, Finnish state-run gambling operator Veikkaus announced that it will reduce its workforce. The company said today that it will be letting go of as many as 190 employees. Veikkaus to Lay Off Employees, Change Employment for Some Workers It was back in November of last year when Veikkaus, the gambling monopoly […]
Business
October 15, 2021
SIS Unveils a Subsidiary in the United States
Racing-oriented B2B content and production services provider Sports Information Services (SIS) has launched a subsidiary in the United States of America by the name SIS Content Services. This move is a part of SIS’ intentions to reinforce a position on the American market and improve its overall global reach and follows on SIS’ recent deal […]