888 and Kindred Latest Operators to Report Double-Digit Growth in Q1 Results
Online gambling firms 888 and Kindred are the latest operators to report double-digit growth in their 2021 first quarter accounts.
Gambling Business News
Betway Parent Company Super Group to Go Public via Merger With Sports Entertainment Corp.
Super Group Holding Company (SGHC Ltd.), the parent company of online bookmaker Betway and online casino Spin, has announced a merger agreement with Sports Entertainment Acquisition Cop. (SEAH) that will see the company go public in US markets.
Caesars Announce Completion of $4B Acquisition of William Hill
Caesars Entertainment has today finalized the $4 billion purchase of William Hill. The deal means that the combined companies now have market access to sports betting in 18 states and jurisdictions with Caesars expecting that number to rise to 20 by the end of 2021.
Betsson Acquires 35% Stake in Strive Platform to Support US Launch
Swedish online gaming company Betsson AB has announced that it has acquired a 35% stake in Strive Platform Ltd in a deal worth €5.4 million ($6.5m). The agreement also includes an option to increase its shareholding by another 5% following Betsson's US launch set to take place in the second half of 2021.
NFL Announces Sports Betting Partnerships with FanDuel, DraftKings, and Caesars
The National Football League (NFL) has announced that Caesars Entertainment, DraftKings, and FanDuel will become the official sports betting partners of the football league.
DraftKings to Open Arizona Sportsbook Through PGA Tour Deal
DraftKings and the PGA Tour have announced that they will expand their current commercial partnership tp allow DraftKings market access for retail and mobile sports betting in Arizona pending regulatory approval.
Bally’s Finally Makes Move to Vegas With Tropicana Hotel & Casino Acquisition
The Rhode Island-based gaming company will acquire the property in a deal reported to be worth $308 million. The deal includes the purchase of the 1,500-room hotel, the casino, and the theater and convention property.
Sweden’s Evolution Gaming to Acquire Big Time Gaming in €450m Deal
Swedish gaming company Evolution is set to acquire Big Time Gaming for an estimated €450 million in a cash/shares deal.
Gambling Business News
WynnBET Announces New Partnership with Digital Sports Media Publisher Minute Media
WynnBET, the casino and sports betting app owned by Wynn Resorts, has announced a new multi-year partnership with digital publishing platform Minute Media.
Gambling Business News
NFL Announces Sports Betting Partnership with Genius Sports Group
The National Football League (NFL) has announced a new sports betting partnership deal with Genius Sports Group. The deal gives Genius Sports exclusive rights to sell the league's game data to sportsbooks.
Gambling Business News
Bet365 CEO Denise Coates Earns Record-Breaking £469 million in 12 Months
Denise Coates, founder and co-CEO of gambling firm Bet365 took home a pay packet worth £469 million in the 12 months leading up to March 2020.
Casino News
Mohegan Sun Opens as First Tribal Casino in Las Vegas
The Mohegan Sun Casino has opened at Virgin Hotels Las Vegas to become the first tribal casino in Las Vegas.
Gambling Business News
DraftKings Acquires Media Company Vegas Sports Information Network
US sports betting operator DraftKings has announced that it has purchased gambling media company Vegas Sports Information Network Inc. (VSiN).
Gambling Business News
PointsBet Enters Pennsylvania and Mississippi With Expanded Penn National Deal
Australian online bookmaker PointsBet has agreed an expanded deal with Penn National that will give the operator market access to iGaming and sports betting in Pennsylvania and retail sports betting in Mississippi.
Casino News
Bally’s Agrees £2bn Takeover Deal for Gamesys
US casino owner Bally's has agreed a deal to takeover online gambling firm Gamesys in a deal worth £2 billion.