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Business
May 13, 2021
Sports IQ Raises $7M, Plans to Boost Sports Betting Services Growth
Sports IQ revealed that it raised $7 million in series seed funding. The funding was led by Harlo Equity Partners and Sports IQ plans to use it for product development. Sports IQ Raises $7m in Series Seed Funding Technology supplier Sports IQ announced Wednesday that it has raised some $7 million in series seed funding. […]
Business
May 13, 2021
Better Collective Sees Strong Growth as First-quarter Revenue Jumps 86%
It’s now clear where Better Collective is getting its confidence to go on a shopping spree. The sports wagering media group has made a number of acquisitions lately that will strengthen its position in the market. After the company posted its earnings report for the first quarter of the year this week, it becomes apparent […]
Business
May 12, 2021
Bragg Gaming Acquires Spin Games to Diversify into US Markets
Bragg Gaming Group and Spin Games announced today they entered into a definitive agreement under which the global B2B gaming technology and content provider will acquire the Reno-based technology and content company servicing US markets, subject to regulatory approval. Eyeing US and Canada The merger agreement provides for the acquisition of Spin Games in a […]
Business
May 12, 2021
Snaitech Integrates HappyBet, Consolidates Online Footprint
HappyBet, a sports betting firm operating mainly in Germany and Austria, was successfully integrated into Snaitech, the Italian business arm of gambling technology supplier Playtech. Consolidate and Expand Regional Presence The addition of the sports betting operator, which has around 200 points of sale in Germany and Austria combined and annual revenues in the region […]
Business
May 12, 2021
FanDuel’s CEO Matt King Announces Plans to Leave the Company
FanDuel’s CEO, Matt King announced that he will be resigning from his position. The announcement comes while FanDuel’s owner, Flutter Entertainment, is assessing the possibility of listing a “small stake” of the company in the US. Matt King to Leave FanDuel Flutter Entertainment announced today that Matt King, FanDuel’s CEO, will be resigning from his […]
Business
May 12, 2021
Apollo Global Completes Acquisition of IGT’s Gaming Assets in Italy
Apollo Global Management continues to take bigger chunks of the global gaming market. It has shown interest in a number of gaming companies around the world as the industry continues to grow. As of this past Monday, Apollo is the owner of assets in Italy that previously belonged to International Game Technology (IGT), officially taking […]
Business
May 12, 2021
SuperDraft Adds Casino Style Games with Game Play Network
SuperDraft has tapped Game Play Network to create a well-rounded product in the iGaming segment, extending on its existing line of products. Turning SuperDraft into Industry Leader Following a successful tie-up with Caesars Entertainment Inc., daily fantasy platform SuperDraft is now teaming up with Game Play Network, Inc. to expand its offer beyond betting contests and add various casino-style games to its […]
Business
May 11, 2021
Codere Restructuring Plan Receives Shareholder Approval
A restructuring deal proposed by creditors at Codere that will see the business being brought under a new holding company was approved by shareholders at the Madrid-based gaming operator. Restructuring Plan Gains Shareholder Approval The proposed deal set provisions for Codere creditors to take full control of the company’s operating business after the restructuring plan […]
Business
May 11, 2021
Wynn Interactive to Merge with SPAC and Trade on NASDAQ
Wynn Resorts’ subsidiary, Wynn Interactive is to merge with special purpose acquisition company, Austerlitz Acquisition Corporation I to create an independent public company and list on the NASDAQ stock exchange. Once the merger is completed, the combined company is expected to have an enterprise value of approximately $3.2 billion. Wynn Interactive Is on Its Way […]
Business
May 11, 2021
Sportradar Acquires InteractSport Aiming to Conquer Cricket
Sportradar, a leading sports data provider, has acquired its third company for 2021, signing a definitive agreement with InteractSport, a company providing sports data, technology, and insights. Sportradar Ends Its Q22021 with Interactsport Acquisition Today, Sportradar, a leading global sports data and solutions provider, has announced entering into a definitive agreement with InteractSport, a sports […]