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Business
June 29, 2021
Sportradar and NHL Sign 10-Year Landmark Partnership Deal
Global provider of sports betting and sports entertainment products and services Sportradar announced today a 10-year partnership deal with the National Hockey Association (NHL) to become the league’s Official Betting Data and Streaming Rights and Official Media Data Rights and Integrity Partner. “The NHL has been a terrific partner for Sportradar for nearly seven years […]
Business
June 29, 2021
Scientific Games Exits Lottery and Sports Betting Businesses
Scientific Games Corporation has announced a divestment plan that will capitalize on its sports betting and lottery segments as part of a strategic review of the business. Lottery and Sports Betting Businesses to Provide Capital for Larger Growth Opportunities Scientific Games Corporation has announced plans to divest from its lottery and sports betting businesses in […]
Business
June 29, 2021
Tribes Request Probe into Off-Reservation Casino Approval
Opponents to an off-reservation casino project in Michigan are making sure they press all the buttons to halt further developments as the date for Gov. Gretchen Whitmer to put the issue to rest approaches. Backroom Political Deal Tribal leaders of three Indian tribes in Michigan sent a letter to the inspector general for the US […]
Business
June 29, 2021
Universal Entertainment Takes on New Debt to Pay off Existing Debt Early
Universal Entertainment is going to use new debt to pay off existing debt, according to a recent announcement made by the company. The operator of the Okada Manila in the Philippines is planning on placing, outside its home country of Japan, new notes that will allow it to pay down the principal on existing notes […]
Business
June 29, 2021
It’s Now Possible to Wager on Pizza Thanks to DraftKings and Domino’s
It’s possible to wager on whether Elvis is still alive and ferret bingo, so why not pizza? As sports gambling continues to reach new heights across the US, there’s no shortage of ways marketers might try to capitalize on its popularity. Domino’s Pizza is adding to the growing list of companies to join, creating a […]
Business
June 29, 2021
Avalanche, Nuggets Games Boost Colorado Sports Betting in May
Avalanche and Denver Nuggets playoff runs were among the main drivers of activity in the Colorado sports betting market in May. Colorado Reports Another Strong Month in May Colorado sports betting revenue reported a positive trend in May according to the monthly figures released by the Colorado Division of Gaming report. Colorado bettors wagered nearly […]
Business
June 28, 2021
Gambling.com Prepares to Go Public and Boost Its Business
Digital marketing services provider for the global, regulated gambling industry, Gambling.com Group, is planning to launch an initial public offering round on the NASDAQ stock exchange. For now, the group’s intentions haven’t been detailed. Gambling.com Readies Up for the IPO Gambling.com Group has already presented a registration statement to the Securities and Exchange Commission in […]
Business
June 28, 2021
Entain Ready to Blow Competition for TAB, Mulling AU$4B+ Bid
UK-based gambling group Entain is mulling a new enhanced offer for Tabcorp’s media and sports betting assets to blow out competitors and acquire the business, several media in Australia report. TAB Bidding Impasse Having seen its opening bid for the Australian sports betting business of AU$3 billion ($2.3 billion) rejected in February, Entain followed with an improved proposal to AU$3.5 billion ($2.7 billion) in April, and now it […]
Business
June 28, 2021
Philippines the Latest to Be Added to the FATF’s Naughty List
The Philippines needs to become more proactive in fighting financial crime. That’s the message the Financial Action Task Force (FATF) sent out last Friday when it added the country to its grey list, the ledger that sits right next to the agency’s blacklist. The Philippines join two European countries, Malta and Romania, which were added […]
Business
June 25, 2021
Penn National Gaming Projects Q2 Revenue to Stand at $1.5bn
The announcement comes after the operator unveiled the launch of a $400 million private debt offering for general corporate purposes. Penn Announces $400M of Senior Unsecured Notes Penn National Gaming expects revenue for the period April-June 2021 to range between $1.45 billion and $1.55 billion, which corresponds to an 18% increase compared to Q1. The […]