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Business News and Headlines
Business
October 4, 2021
Codere Online Posted 43% Rise in Q2 2021 Gaming Revenue
The online gambling subsidiary of Spanish-based Codere Group released its second quarter earnings report today, posting double-digit growth in revenue year-over-year. Stable Growth Path Codere Online revealed that, in the three months ended June 30, 2021, the business generated €21 million ($24.4 million) in net gaming revenue, up 43% on €14.7 million ($17.1 million) in […]

Business
October 4, 2021
Social Sports Betting in the US Advances as Low6 Makes Adds New Option
The idea of social sports betting is relatively new in the US, but is catching on. From the outside looking in, sports betting has been viewed by many as an activity that only dedicated gamblers can participate in, but social sports betting looks to alter that perception. The newest operator to launch in the US […]

Business
October 1, 2021
AMC Introduced Sports Feed-Related Slot Machine Bonus
A company synonymous with groundbreaking casino technology, Acres Manufacturing Company (AMC), announced a new slot machine bonus powered by its casino management system. Entice Sports Fans Leading casino loyalty and technology expert AMC introduced the PayAction Sports Bonus that will allow any slot machine connected to its Foundation casino management system to award players with […]

Business
October 1, 2021
Bally’s Corporation Finalizes Merger with Gamesys Group
Earlier this year, Bally’s and Gamesys negotiated the terms of their $2.7 billion merger. Under the deal, Bally’s agreed to pay approximately $2.7 billion to Gamesys, which is approximately $25 per company share. Now, the companies have announced that the merger was completed following court approval. Bally’s and Gamesys Group Finalize $2.7 Billion Merger A […]

Business
October 1, 2021
Betcris to Offer Alternative Payment Methods Through SafetyPay
Alternative payment solutions provider SafetyPay has signed a partnership deal with LATAM-based online sports betting company Betcris. Through the partnership, Betcris bettors will be able to use alternative payment methods to make deposits. These will include both online and cash payments that can be made through collection points and banks. Providing Alternative Payment Methods to […]

Business
October 1, 2021
Esports Technologies Acquires Aspire Global’s B2C Business
Esports Technologies, a global provider of esports wagering products and technology, has entered into a definitive agreement with Aspire Global to acquire the latter’s B2C business for $75.9 million. Acquisition Pending Receipt of Financing Esports Technologies has agreed to pay $58.3 million in cash, $11.7 million in a promissory note and around $5.9 million in […]

Business
October 1, 2021
WynnBET Granted Entry to Louisiana’s Market
Wynn Resorts-owned mobile sportsbook WynnBET has revealed that it has been approved to operate in Louisiana’s betting market. This will be the 17th state where WynnBET has at least some market access. WynnBET Continues Its Expansion on the US Market WynnBET has seen a spectacular expansion in recent times. The Las Vegas-headquartered operator has been […]

Business
October 1, 2021
Industry Veteran Joe Asher Becomes IGT’s President of Sports Betting
Multinational gambling company International Game Technology (IGT) has hired industry veteran Joe Asher to lead its sports betting brand IGT PlaySports. Taking the role of a president of sports betting, Asher will focus on the brand’s expansion on the North American gambling market. A Passionate Veteran Becomes President of Sports Betting at IGT PlaySports Asher […]

Business
October 1, 2021
Kindred Group Temporarily Ceases Servicing Dutch Players
A second European gambling group decided to cease operations in the Netherlands prior to the official launch of the market for licensed operators. Further Clarification Needed Malta-based Kindred Group announced yesterday that its operations in the Netherlands would cease on a temporary basis with immediate effect due to the official launch of the market for […]

Business
October 1, 2021
AmAff Launches Props.com, a Media Hub Focused on US Sports Betting
AmAff, a media site developer, has just announced the launch of Props.com, a media hub that will target bettors in the US. The main goal of the site will be to provide bettors with massive coverage of all the insights, trends, analysis, and news related to US sports betting. The market for US sports betting […]
