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Business
October 28, 2020
IGT Generated $4.84B of Direct Economic Value in 2019
Gaming solution provider International Game Technology (IGT) released its latest sustainability report, to highlight its efforts to support the industry, the communities and the environment. IGT quantified the economic value from its products and services for 2019 to the amount of $4.84 billion. The report stated that both the direct economic value and the economic […]
Business
October 28, 2020
Red Rock Resorts Cuts Expenses, Reveals Impressive Q3 Results
By introducing careful cost cuts and optimizing its expenses, Red Rock Resorts revealed impressive results in the third quarter of 2020. The operator used the COVID-19 lockdown period to re-evaluate its operations which made the company leaner and more efficient. Red Rock Resorts Reveals Q3 2020 Results Tuesday, October 27, Red Rock Resorts revealed its […]
Business
October 28, 2020
MotorCity Expands on Debt amid Fears of Second Closure
MotorCity Casino Hotel in Detroit is making provisions in case a second lockdown on the business is imposed. The Ilitch-owned gambling establishment got an approval from the Michigan Gaming Control Board (MGCB) during a special meeting Monday to expand on its revolving credit facility and overall finance model. MGCB Unanimously Approved the Plan The casino […]
Business
October 28, 2020
DC United First MLS Team to Host a Sportsbook at Home Arena
DC United has announced that it’s teaming up with FanDuel, a leading sports betting company, to host a dedicated retail sportsbook at Audi Field. DC United Invites FanDuel into MLS with Sportsbook Partnership DC United, a Major Soccer League (MLS) franchise, is teaming up with FanDuel, a betting firm, to bring a dedicated sportsbook experience […]
Business
October 27, 2020
DraftKings and MansionBet Extend Existing Partnership Deal
Daily fantasy sports and sports book operator DraftKings announced today the renewal and extension of its relationship with MansionBet, the sports betting brand of Mansion Group. DraftKings’ B2B Technology According to the terms of the new multi-year deal, DraftKings will continue to power the sports book and casino platform of the Gibraltar-based Mansion Group through […]
Business
October 27, 2020
Genius Sports Goes Public, Merges with dMY Technology Group II
UK-based sports betting data provider Genius Sports announced today it entered into a definitive business combination agreement with the special purpose acquisition company (SPAC) dMY Technology Group II. Genius Sports Will Trade on the NYSE The $1.5 billion deal with the blank-check company will allow Genius Sports to start trading on the New York Stock […]
Business
October 27, 2020
FunFair Games Gets EveryMatrix’s RGS Technology
Leading iGaming software provider EveryMatrix’s Remote Gaming Server RGS Matrix has signed a deal with FunFair Games. The agreement will allow decentralized blockchain gambling company FunFair Technologies’ new game development studio to distribute its multiplayer content through RGS Matrix’s open architecture server. FunFair’s New Genre of Multiplayer Games FunFair Games will also be able to […]
Business
October 27, 2020
BetMGM Brings Heavyweight Digital Pioneer Ryan Spoon
With years of experience working towards the digitalization of all companies he’s been part of, Ryan Spoon, an ESPN heavyweight, steps in as COO at BetMGM. BetMGM Gets an ESPN Veteran at the Helm MGM Resorts and GVC Holdings’ sports betting joint venture, BetMGM, has tapped Ryan Spoon, an ESPN veteran, as its new chief […]
Business
October 27, 2020
Caesars, William Hill Ink Agreement to Sponsor Indianapolis Colts
Caesars Entertainment, William Hill and the Indianapolis Colts ink a strategic sponsor partnership. The partnership makes Caesars and William Hill a sports betting partner of the NFL team. Caesars and William Hill Ink Sponsorship with Indianapolis Colts Caesars Entertainment and its exclusive sports betting partner, William Hill US, revealed on Monday this week their first […]
Business
October 26, 2020
Caesars’ Bid for William Hill Approaching Day of Reckoning
UK-based sports book and iGaming operator William Hill is subjecting to shareholder vote Caesars Entertainment’s £2.9 billion takeover bid on November 17, just two days prior to a court hearing on the deal. For the cash deal to go ahead, 75% of William Hill shareholders should vote in favor of the offer from the casino […]