DraftKings Reaches Agreement to Buy Golden Nugget Online Gaming for $1.56B
Sports betting company DraftKings Inc. has announced that it has reached an agreement to purchase Golden Nugget Online Gaming Inc. in an all-stock deal worth $1.56B.
Gambling Business News
Penn National Acquires theScore Parent Company Score Media and Gaming in $2B Deal
Penn National Gaming has announced that it has agreed a deal to buy Toronto-based Score Media and Gaming for $2B. The deal will see Penn National take control of theScore sports betting platform as the company looks to extend its reach across North America.
CFL Announces BetRegal as League’s Official Online Gaming Partner
Company’s first major foray into sports partnerships in North America.
PointsBet Announces Launch of iGaming Platform in New Jersey
Online gaming and sports betting operators PointsBet has announced that it has received approval from the New Jersey Department of Gaming Enforcement to launch its iGaming platform in the state.
Liverpool-based StanleyBet Issues Bonds to Fund Sports Betting and Gaming Expansion in Romania
Liverpool-based gaming group Stanleybet has announced that it plans to raise €2.5M to €4M in funds through a private placement of bonds denominated in Romanian Leu (RON).
NFL Superstar Drew Brees Signs With PointsBet in Equity & Cash Deal
EX NFL QB Superstar Drew Brees Signs With PointsBet, Receives equity & Cash
OlyBet Signs Deal to Become NHL Betting Partner for Baltic Region
The National Hockey League (NHL) has signed a partnership deal with Olympic Entertainment Group that will see its OlyBet betting brand become the league's official sports betting partner in the Baltic Region.
Betfred Acquires South African Online Bookmaker Betting World for £6.1M
British bookmaker Betfred has finalized the acquisition of South African online bookmaker Betting World from Phumelela in a deal worth R120M (£6.1M).
Lithuania Bans Gambling Advertising and Promotional Bonuses
The Lithuanian parliament (Seimas) has voted in favor of an amendment to current gambling legislation that will prohibit the promotion of gambling through advertising or promotional offers from July 1st. The ban covers both the online and land-based gambling industry.
Betsson Set to Launch in Greece Following Online Gaming and Betting License Approval
The Hellenic Gaming Commission (HGC) of Greece has granted Swedish online gaming and betting firm Betsson licenses for both online casino and sports betting products and services.
Playtech to Enter Dutch Online Market Following Deal with State-owned Holland Casino
Online gaming provider Playtech has agreed a deal with Holland Casino as the state-owned operator looks to launch its online casino in October of this year.
Caesars Entertainment To Sell Non-US William Hill Assets
Caesars Entertainment will reportedly sell UK and European William Hill betting shops & online businesses.