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Business
January 21, 2021
BETZ Boosts with Bally’s, dMY Technology II, FDJ and Bragg
Investment adviser Roundhill Investments which manages 3 exchange-traded funds (ETFs) among which NYSE-traded BETZ, added 4 new stocks to the holdings of the gaining popularity sports betting and iGaming ETF. The Roundhill Sports Betting & iGaming ETF (BETZ ETF) managed by the New York-based investment company and rebalanced on a quarterly basis, bolstered its portfolio […]
Sports
January 21, 2021
CAS Dismisses Alvarez-Guzman’s Appeal, Lifetime Ban Remains
The Chilean tennis player Mauricio Alvarez-Guzman tried to appeal the lifetime ban penalty which he received from the Tennis Integrity Unit in 2019. Today the Court of Arbitration for Sport announced that the tennis pro’s appeal was dismissed, leaving the lifetime ban penalty unchanged. Chilean Tennis Player Appeal Dismissed by CAS It was back in […]
Business
January 21, 2021
After Stellar 2020, Entain Enters 2021 with Good Momentum
2020 was a stellar year for Entain, according to the company’s most recent financial year report. After observing a 27% growth of online net gaming revenue, the company enters 2021 with good momentum. Entain Reveals Its Q4 2020 and Financial 2020 Update The global sports-betting and gaming entertainment company, Entain plc released its trading report […]
Industry
January 21, 2021
Jette Nygaard-Andersen Confirmed as Entain’s Chief Executive
Entain officially confirms Jette Nygaard Andersen as its new chief executive along with appointing Rob Wood as vice CEO. Nygaard-Andersen Steps in as Entain CEO Speculation season is over and Entain Plc has confirmed Jette Nygaard-Andersen as its new chief executive following the announcement that Shay Segev, the outgoing CEO, will step down and move […]
Industry
January 21, 2021
GambleAware Study Recommends More Flexibility for Deposit Limits
A study commissioned by GambleAware and published Wednesday states that predefined deposit limit options could “anchor” players into depositing higher amounts. Lower Predefined Limits to Reduce Risky Gambling Allowing gamblers to set their own deposit limits, instead of choosing from a predefined list, would reduce problem-gambling behaviors, according to a study by social purpose organization […]
Sports
January 20, 2021
Epic Games Brings Football Clubs and Game Players Closer
Epic Games collaborated with its business partner IMG to bring football clubs from all over the world into Epic’s popular multiplayer game Fortnite and provide a new type of experience for the players. Player Skins and Official Kits The partnering agency IMG signed deals with 23 football clubs across 5 continents and 10 professional football […]
Sports
January 20, 2021
NBC Sports Extends Partnership with Boom for Prediction Games
NBC Sports has extended its partnership with Boom Sports for the free-to-play sports gaming app that allows sports fans to bet without risk and win real money prizes. Boom Sports to Continue Powering NBC Sports Predictor Games Boom Sports will continue to work with NBC Sports as the official supplier for the media company’s free-to-play […]
Business
January 19, 2021
Genius Sports Files ISO Statement with SEC, Awaits $1.5 Billion Merger Approval
Genius Sports has filed an ISO statement with SEC to merge with dMY II and go public with its new holding company Galileo NewCo. Shareholders Have Approved the Merger Betting data supplier Genius Sports Group and special-purpose acquisition company dMY Technology Group II’s anticipated $1.5 billion merger agreement will form Galileo NewCo, a new holding […]
Business
January 19, 2021
MGM Resorts Would Not Table a Firm Takeover Bid for Entain
Las Vegas-based gaming and hospitality company MGM Resorts announced Tuesday it would not proceed with a firm bid for Entain PLC after having its latest proposal worth $11 billion rejected. All-Stock Bid Swiftly Rejected MGM Resorts offered an all-stock deal to Entain shareholders in which each share at the Isle of Man-registered gaming group would […]
Business
January 19, 2021
Spiffbet Acquires Online Casinos Sir Jackpot and Live Lounge
Spiffbet has successfully acquired online casinos Sir Jackpot and Live Lounge from Livelounge Ltd. for kr 2.5 million. Spiffbet Acquires Live Lounge and Sir Jackpot Swedish Spiffbet has entered a KR 2.5 million ($299, 471) acquisition agreement with Livelounge Ltd, based in the British Virgin Islands. Through the deal, Spiffbet will acquire Livelounge’s online casinos […]