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Business News and Headlines
Business
October 26, 2020
AJO Partners Closes Down, Returns Money to Investors
Institutional investment manager company AJO Partners is closing down and returning funds to its investors, a letter from AJO co-founder and Co-CEO Ted Aronson to the company’s clients revealed. The fund will return $10 billion to investors in an act reminiscent of Warren Buffet’s closure of his Buffet Partners in 1969. Market Driven by Many […]

Business
October 25, 2020
Chief Investment Strategist: Further Fiscal Stimulus Not Needed
Growing calls from investors, executives and lawmakers for more fiscal stimulus to further support the economic rebound seem to ignore the strength of the economic recovery, James Paulsen, chief investment strategist at The Leuthold Group pointed out. Avoid Noise for More Aid In a note to clients Thursday, Paulsen defied Federal Reserve Chairman Jerome Powell […]

Business
October 24, 2020
INTRALOT and Camelot Introduce Fast Play to Illinois State Lottery
Greek-based gaming leader INTRALOT Integrated Lottery Systems and Services has announced that its US subsidiary INTRALOT, along with its partner Camelot Illinois, has successfully introduced new Fast Play games to the Illinois State Lottery. The contract with Camelot Illinois for the management of the Illinois State Lottery was signed in 2018. INTRALOT provides the necessary […]

Business
October 24, 2020
BetVictor Teams up with BILD to Launch Sports Betting Platform
The betting provider BetVictor joined forces with the highest-selling newspaper in Germany, BILD. The result of the collaboration will be a new online sports betting platform, BildBet which is expected to launch in December this year. The New Sports Betting Platform – BildBet The betting provider BetVictor and BILD teamed up to create a new […]

Business
October 24, 2020
GiG to Power Bet Seven’s First Casino Brand in First Half of 2021
GiG has signed a partnership with Bet Seven Online and will power the latter’s first online casino brand, SuperSeven, with its own frontend and managed services in 2021. Bet Seven Picks GiG to Power First Online Casino Brand Offering Gaming Innovation Group Inc. (GIG) has signed a multi-year partnership with Bet Seven Online Ltd, which […]

Business
October 23, 2020
Live Sports Group Chat Platform Completes $5M Funding Round
The new company of FanDuel co-founders Nigel Eccles and Rob Jones, Flick, successfully completed a $5 million in Series A funding, to support the further growth of its app for sports influencers. The new round of funding is the second for the company, after the initial $4 million it raised in 2018. Flick which was […]

Business
October 23, 2020
Unibet Extends Partnership with Philadelphia Eagles
Under a partnership extension, Unibet became the Official Sportsbook Partner of the NFL team Philadelphia Eagles. The operator builds upon a business partnership that was inked with the team back in November 2019. Unibet Extends Partnership with Philadelphia Eagles, Add Sports Betting The Kindred Group brand Unibet announced the extending of its partnership with the […]

Business
October 23, 2020
Evolution’s Live Games Arrive in Pennsylvania with RSI and DraftKings
Pennsylvania has become the second state to host live dealer casino games. Evolution launched its games on Wednesday, October 21 with its studio in Philadelphia and in collaboration with DraftKings and RSI. Evolution Soft-Launches Live Studio in Pennsylvania Pennsylvania has become the latest state in the US to welcome an Evolution live dealer casino studio, […]

Business
October 22, 2020
Evolution Outlined Q3 ‘Exceptionally High’ Activity Levels
World leader in live dealer gaming Evolution Gaming released an interim report for the first nine months of 2020, posting strong Q3 growth in revenue and earnings. Total operating revenue for the three-month-period ending September 30 amounted to €140.2 million. Exceptional Third Quarter Evolution Gaming reported exceptionally high activity levels during the third quarter which […]

Business
October 22, 2020
NetEnt Releases January-September Interim Financial Report
NetEnt, the leading provider of premium gaming solutions for casino operators, released today a January –September 2020 interim financial report. The Stockholm-traded technology supplier reported 17% rise in revenue year-on-year. Third Quarter Results NetEnt posted third quarter revenues of SEK521 million, earnings before interest, tax, depreciation and amortization (EBITDA) was SEK310 million, corresponding to a […]
