Business
August 17, 2022
Betfred Becomes Official Manchester United Betting Partner
Social media reports surfaced on Monday that Manchester United and Betfred had entered a partnership. As a result, Betfred is said to have become the Official Betting Partner for the Red Devils. The pair were together back in 2006. Intelly head of marketing Łukasz Bączek tweeted that the current partnership is estimated at £4 million […]
Industry
August 17, 2022
UKGC Slaps Entain with Record £17M AML and Social Responsibility Fine
Respected entertainment and gambling behemoth Entain Group has been fined the eye-watering £17 million (approximately $20.60 million) with the UK Gambling Commission citing a number of social responsibility and anti-money laundering breaches and shortcomings. The financial penalty refers to issues with both the company’s land-based and interactive business operations. In an official published on the […]
Casino
August 17, 2022
Grey Market Operators in Ontario to Have Upper Hand in Regulated Market
A new look into Ontario’s gambling industry by Wall Street analysts predicts that the newly regulated iGaming and sports betting market in the province will be dominated by the same companies who used to base their businesses offshore and run them from there while serving the market in the early 2000s. Past Transgressions Don’t Matter […]
Business
August 16, 2022
Playmaker Capital Reports Operating Loss Despite Record Revenue
Digital sports media company, Playmaker Capital, released its Q2 financial results, highlighting substantial growth and record-setting engagement metrics. The Toronto-based company recorded impressive results across nearly all key performance indicators but reported an operating loss of $0.7 million for the quarter. Excellent Player Engagement Boosted Profitability The second quarter marked a significant return on Playmaker’s […]
Business
August 16, 2022
Genius Sports’ Q2 Results Show Strong Growth
Sports data and tech company Genius Sports posted its financial results for the second quarter of the year. The company recorded high revenues, while its losses plummeted. Genius Sports’ Revenues Increased Genius Sports said it earned $71.1 million during the second quarter of the year. Notably, this number represents a 27% increase on the 2021 […]
Industry
August 16, 2022
Peru President Signs Online Gaming Law Into Effect
At the end of a long period of trial and tribulations and just one month, after it received approval from Congress, the Government of Pery finally enacted Law 31,557. The legislation that will regulate the operation of online casino gambling and sports betting activities in the country was signed into effect by president Pedro Castillo […]
Business
August 16, 2022
GIG: Positive Net Profit & 37% Revenue Increase for Q2
Leading iGaming platform and media provider offering world-class solutions to partners and customers Gaming Innovation Group (GiG) has released the reports for the second quarter of 2022. The provider has reported a revenue boost of 37% for Q2 2022 compared to the same quarter of 2021. Out of the increase, 24% was organic, helping the […]
Sports
August 16, 2022
Paulo Costa vs Luke Rockhold UFC 278 Odds, Time, and Prediction
MMA fans have plenty of reasons to feel excited about the event titled UFC 278: Usman vs Edwards 2. It’s on the program this coming Saturday at Vivint Arena in Salt Lake City, Utah. The headliner bout is the most important fight of the entire event, which is why we covered it in our Usman […]
Sports
August 16, 2022
Sharp Becomes SportsGrid’s Lead Pro Football Analyst
SportsGrid, a provider of live sports news and odds, has reinforced its team with Warren Sharp as its new lead pro football analyst. The NFL specialist will host live reports and keep sports fans updated on the latest developments in the league. Sharp Joins SportsGrid Sharp joins the sports news company amid the National Football […]
Business
August 16, 2022
BetMakers Makes Amendments to NTD Venture Set to Launch in 2022
News Corp Australia and Tekkorp’s wagering venture called NTD Pty has agreed to purchase TexBet. TexBet is BetMakers’ SaaS platform customer and upon the completion of the purchase, BetMakers will receive IP and ownership rights and will support the migration to the NTD platform in exchange for a $2.5 million contribution. The Joint Venture Will […]
