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Business
February 8, 2021
Bally’s Acquires SportCaller to Boost Player Acquisition
Bally’s Corporation continues to diligently follow the strategy to become the first truly vertically integrated sports betting and interactive entertainment company after the Standard hedge fund-led business announced the acquisition of free-to-play (F2P) game provider SportCaller. “I am delighted to welcome SportCaller to Bally’s Interactive alongside Bet.Works and Monkey Knife Fight.” George Papanier, President and […]
Esports
February 8, 2021
Luckbox Taps Former EA Executive Thomas Rosander as CCO
Luckbox finds a new chief customer officer with Electronic Arts veteran Thomas Rosander stepping in. EA Executive Thomas Rosander Steps in as Luckbox COO Real Luck Group is bringing more executive talent to the fore with the appointment of Thomas Rosander, a former Dunder and Mr Green veteran and Electronic Arts c-level executive. Now, Rosander […]
Business
February 8, 2021
Kindred to Battle High-Risk Gambling with Transparency Metrics
Kindred, an online gambling group, will promote safe gambling by publishing a transparency metric. Kindred Group Has Set a Course Towards 0% Revenue from Harmful Gambling Kindred Group, an online gambling operator that consists of 9 brands, will be the first to publish a report on its revenue generated from high-risk gamblers. It is part […]
Business
February 8, 2021
Tesla Buys $1.5bn Worth Bitcoin, to Accept it as Payment Soon
Bitcoin exceeds $44,000 apiece for the first time, following the announcement. Bitcoin Investment is Significant Percentage of Company’s Cash Today in a filing with the Securities and Exchange Commission, Tesla informed that it has acquired $1.5 billion in Bitcoin. Moreover, the company added that it may also accept Bitcoin in the near future as a […]
Industry
February 7, 2021
FanDuel CEO Says Legal Sports Betting Might Fill Pandemic-Related Fiscal Holes
Fanduel’s stock has been on the rise in the weeks leading to Sunday’s Super Bowl and expects the contest to generate the company’s biggest sports betting handle ever. Sports Betting and iGaming Yet to Reach its Full Potential In an interview with MarketWatch, FanDuel CEO Matt King commented on the impact of the pandemic on […]
Sports
February 6, 2021
Parimatch Appointed Marcelo Coldzera as Esports Ambassador
Parimatch announced the appointment of Brazilian professional esports player Marcelo Augusto David known as Coldzera as its new Global Esports Ambassador. “Great news for the Parimatch and esports community.” Stepan Shulga, Head of Esports, Parimatch If You Want to Be the Best, Hire the Best The addition of the Counter-Strike: Global Offensive (CS:GO) pro famous […]
Industry
February 6, 2021
BtoBet Appoints Zoran Spasov as Permanent Managing Director
BtoBet named yesterday Zoran Spasov as its permanent Managing Director and Diman Reiderman as its new Chief Operating Officer. From Interim to Permanent Managing Director iGaming and sport betting platform developer BtoBet has announced major changes in its senior management team, with the appointment of Zoran Spasov and Dima Reiderman as Managing Director and Chief […]
Business
February 5, 2021
Sportech’s Pre-Close FY2020 Meets Expectations
Supplier of betting technology Sportech PLC released today a pre-close update for the financial year ended December 31, 2020, to update investors ahead of the final FY 2020 results set to be announced April 8, 2021. Adjusted EBITDA In Line With Board’s Expectations The Board of Directors at Sportech emphasized that the company continued to […]
Industry
February 5, 2021
Gambling Associated with Lower Lifestyle and Higher Mortality
Excessive gambling is associated with an increased rate of mortality, a new study from the University of Oxford published yesterday in Nature revealed. A team of researchers led by Dr Naomi Muggleton found out that the top 1% of gamblers spend more than half of their income, 58%, to fund their habits, while 10% of […]
Casino
February 5, 2021
Wynn Resorts International Suffers Under Lockdown Measures
Wynn Resorts posts losses to the tune of $2.07 billion for the 2020 financial year, hoping for a better 2021 and normalization of operational results. Wynn Resorts Posts Losses Across All Fronts Wynn Resorts International has concluded the 2020 financial year with a total net loss of $2.07 billion. The company’s operating revenue has also […]