Gambling Business News

NHL to Receive 43,106 Shares in PointsBet as Part of New Sports Betting Partnership

NHL to Receive 43,106 Shares in PointsBet as Part of New Sports Betting Partnership

PointsBet and the National Hockey League (NHL) have announced a multi-year marketing and sports betting partnership. The deal see the Australian online bookmaker join MGM Resorts International, FanDuel, and William Hill as the league's official sports betting partners.

Acquisitions and New Markets See Betsson Post 24% Year-on-Year Revenue Rise for 2020

2020 was a record-breaking year for Betsson as the group posted a 24% increase in year-on-year revenue with Q4 revenue alone up 37% on 2019's figures.

Google Whitelists 15 More Countries for Real-Money Gambling apps on Google Play

15 new countries have been added to the list of nations permitted to offer real-money online gambling apps on the Google Play App Store. Previously Ireland, the United Kingdom, Brazil and France were the only regions allowed to offer such apps. As of March 1st 2021, it Google announced that Australia, Belgium, Canada, Colombia, Denmark, […]

William Hill Goes Green with Renewable Energy Drive

William Hill announced that the company now sources all of its energy requirements within the UK from renewable sources. The company began their renewable energy drive last October with the signing of an agreement to switch from grid electricity to a green supplier. That supplier is Total Gas Power (TGP) who now provide energy for […]

Playtech in Talks to Sell Financial Division Finalto for $200m

Playtech in Talks to Sell Financial Division Finalto for $200m

Playtech has announced that a management consortium has made an offer to acquire its financial trading division Finalto for a sum that could reach $200m. The online gaming software giant confirmed the news after recent speculation in the Israeli media suggested that an Israeli-led consortium was in advanced talks to purchase the trading division. The […]

MGM Resorts International Withdraws $11.06B takeover bid of Entain

MGM Resorts International Withdraws $11.06B takeover bid of Entain

UK-based Entain PLC (OTC:GMVHY) (formerly GVC Holdings) recently received a takeover offer of $11.06B USD from US Casino group MGM Resorts International which would have left shareholders owning approximately 41.5% of the company. MGM and Entain have been partners in a $450m 50/50 sports-betting joint venture in the US since 2018, with each company bound […]

Entain’s CEO Shay Segev quits during $11.06 billion Takeover Battle with MGM

Entain’s CEO Shay Segev quits during $11.06 billion Takeover Battle with MGM

While there's an $11.6B takeover battle happening with MGM and Entain, The CEO of Entain Shay Segev announced he was leaving for a higher paying job at sports media company DAZN

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