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Monday April 19, 2021 2:41AM
The Latest in bloomberg
By Luke Thompson
Sports

Sports Betting to Offer Relief to State Coffers Amid Pandemic

November 28, 2020

Strained by the coronavirus pandemic, state coffers across the US are poised to receive some welcome relief from an unlikely source – the sports betting industry. After six months with few sporting events, betting rebounded in the third quarter, generating $352 million in revenue or 47% more than the same period last year, Bloomberg reports.  […]

Sports Betting to Offer Relief to State Coffers Amid Pandemic
Trending
By Mike Johnson
Business

FT: Hedge Funds Peeved with William Hill and Caesars Deal

GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information.  Hedge Funds Raise Issues with William Hill/Caesars Acquisition  Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]

By Stoyan Todorov
Casino

Videoslots Launches Brand-New “Pool Play” Feature

Videoslots’ “Pool Play” feature will make the jackpot experience more fun, more social, and potentially come with a much better chance of winning big.   Videoslots Launches Pool Play to Make Jackpot Games Social Jackpot hunting has been a solitary business for many years now, but Videoslots wants to change that. The operator is rolling out the “Pool […]

By Martina-Nikoleta Tsvetkova
Industry

Ban on Sports Betting Ads After Online Gambling Spike

The surge in online gambling in Australia during the pandemic has provoked concerns related to sports betting ads and their effect on players. Foreign Operators in Australia with Enormous Gains During Covid-19 Foreign-owned corporate bookmakers have emerged as winners during the Covid-19 pandemic with an enormous increase in market value, which has put the issue […]

By Mathilde Adam
Business

Golden Matrix and Amelco Launch Online Sportsbook in India

Golden Matrix and Amelco announced the launch of a custom-build online sportsbook in India just as the IPL cricket is about to kick off. Undisclosed First iGaming Operator Golden Matrix Group announced Wednesday that it partnered with Amelco to launch its very first custom-built digital sportsbook platform with an existing undisclosed iGaming operator in a new market. Golden Matrix […]

By Stoyan Todorov
Business

Evolution Gaming Group to Acquire Big Time Gaming for $534M

Big Time Gaming will be the latest addition to Evolution Gaming Group’s growing portfolio of iGaming assets in a deal valued at $534 million.  Big Time Gaming to Join Evolution’s Growing Portfolio of Assets  Evolution Gaming Group is on a roll. Following the acquisition of the world’s leading manufacturer of slot games NetEnt, the company is […]

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