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Business
April 2, 2024
DraftKings Triumphs as “Clear Winner” among Competitors, Says New Survey
Amid the expansion of sports betting across the United States, competition in the sector remains fierce. Currently, close to 40 states offer some form of legal wagering on sports, with most providing options for both retail and online/mobile betting services. With that in mind, each state represents a competition for sports betting operators, despite the […]
Business
April 2, 2024
Fitch: Bally’s Corporation’s Rating Downgraded, Outlook Negative
The leading ratings agency, Fitch Ratings, announced a new downgrade, affecting Bally’s Corporation. This marked another downgrade for the company recently, which has now seen action from three rating agencies, Fitch included. On Monday, Fitch Ratings said that it downgraded the company’s Issuer Default Rating (IDR) from “B+” to “B.” Additionally, the company said it […]
Business
March 29, 2024
Caesars Sportsbook Grabs the Prestigious RG Check Accreditation
Gambling giant Caesars announced that its sports betting arm, Caesars Sportsbook, has received the Responsible Gambling Council’s prestigious RG Check accreditation. The achievement, the operator said, includes an assessment of Caesars Sportsbook’s commitment to responsible gambling in key areas, such as education, public awareness and funding for responsible gambling organizations. The RG Check accreditation process […]
Business
March 28, 2024
Allied Gaming Reports 21% Increase in Revenue for 2023, Cuts Costs
The fast-growing esports entertainment and gaming company with a global presence, Allied Gaming & Entertainment (AGAE), released its latest financial update, highlighting key details for its performance during the fourth quarter and full year 2023. The company reported strong growth in revenue, complemented by a decrease in costs and expenses. In total, AGAE’s revenue for […]
Business
March 28, 2024
AGCO Issues Certificate of Registration to Soft2Bet
Soft2Bet, a leading operator and provider of iGaming and online sports betting solutions, announced that it has secured a Certificate of Registration in the Canadian province of Ontario. This achievement marks a step toward the launch of the company’s Tooniebet.com online casino brand in the region. The certificate, provided to Soft2Bet by the Alcohol and […]
Business
March 28, 2024
Harris Hagan to Elevate David Whyte to Partner Role
Harris Hagan, the company with the largest dedicated gambling legal and regulatory team in the United Kingdom, announced a senior-level promotion. The firm has announced it has decided to promote its senior associate, David Whyte, to the role of partner. Taking the role of partner as of April 1, 2024, Whyte joins Bahar Alaeddini and […]
Business
March 28, 2024
Conexus Group Launches M&A Advisory Firm Conexus Capital
The portfolio of world-class businesses that specialize in the provision of recruitment, training, consulting, Mergers & Acquisitions (M&A) Advisory, marketing, and managed services, Conexus Group, has announced the launch of a specialist M&A advisory firm. As announced by the group with offices all around Europe, the US, and the Asia Pacific region, the new firm, […]
Business
March 28, 2024
888 Confirms Intention to Sell US B2C Assets to Hard Rock Digital
The leading gaming and entertainment company, 888 Holdings, currently has a presence in four US states. The company has established iGaming operations in New Jersey, offers sports betting in Virginia and Colorado and has iGaming and sports betting presence in Michigan as well. Earlier this month, 888 confirmed it engaged in a review of its […]
Business
March 28, 2024
Evolution Teams Up with Rush Street, Forays into Delaware
Evolution, a leading provider of B2B solutions and live casino, has made a foray into Delaware thanks to a partnership with Rush Street Interactive. Under the agreement, the former company will supply content to the Delaware Lottery and its three online casinos. As per the agreement, Evolution will inject proprietary content into BetRivers’ operations in […]
Business
March 27, 2024
SSI Becomes a Member of the Oklahoma Indian Gaming Association
Signature Systems (SSI), an award-winning provider of point-of-sale solutions to the casino industry, has joined the Oklahoma Indian Gaming Association (OIGA). Under its membership, the latter company will continue to supply the state’s tribal gaming sector with its PDQ POS product. PDQ POS, which is SSI’s most sought-after product, will empower tribal gaming companies in […]
