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Business News and Headlines
Business
February 16, 2021
ReelPlay Appoints David Johnson as Chief Executive Officer
ReelPlay has shifted CCO David Johnson to the position of chief executive, as the company shakes up its internal structure preparing for a busy 2021. Former Chief Commercial Officer Becomes ReelPlay’s New CEO Stepping in as CEO, David Johnson previously served as the company’s chief commercial officer and joined in 2018 together with former CEO […]

Business
February 15, 2021
Yolo Investments Launches Gaming and Fin-Tech Fund
Tim Heath’s Yolo Investments venture-capital fund has debuted a sub-fund focused on the gaming and financial technology sectors. A Series of Profitable Undertakings for Yolo Investments On February 15, Yolo Investments announced the launch of a gaming and fin-tech sub-fund. The gaming venture capital firm is now searching for investment opportunities across the gaming and […]

Business
February 15, 2021
New Zealand Lotto to Launch Online Bingo amid Opposition
Lotto, the state-owned lottery supplier in New Zealand, will hold a tender to appoint an official company to run the company’s online bingo platform, which should launch by mid-2022. Online Bingo Coming to New Zealand As Lotto New Zealand prepares to roll out in the online bingo segment, many have objected to the introduction of […]

Business
February 12, 2021
FanDuel and WSC Sports Partner Up to Offer Highlights to Sports Bettors
FanDuel Group and WSC Sports signed a partnership deal Friday to bring golf events highlights to the operator’s sports betting app. First US Operator to Provide Sports Highlights on Mobile FanDuel Group signed a partnership agreement today to bring WSC Sports’ golf game highlights to its sportsbook app. The iGaming operator said in a statement […]

Business
February 12, 2021
IGT Deployed HRMs in Virginia via Peninsula Pacific Venues
Supplier of technology and services for the gaming industry International Game Technology (IGT) made an announcement today about a recent expansion of the company’s presence in Virginia. HRMs Rollout at Peninsula Pacific Gaming Venues IGT entered into a distribution agreement with Exacta Systems for the deployment of IGT’s first historical racing machine (HRM) across Virginia […]

Business
February 12, 2021
Simon Zinger Takes Over as Legal Counsel for Entain
Simon Zinger is stepping in as Entain’s legal counsel starting on February 22 and bringing vast legal expertise with him. Entain Brings Simon Zinger on Board as Legal Counsel With a strong start of the year, Entain is expanding its team with the recruitment of Simon Zinger, an industry veteran who is joining as a […]

Business
February 12, 2021
MGM Resorts to Expand iGaming Operations, 2020 Revenue Down 60%
MGM Resorts announced it will focus on its iGaming operations after reporting a 60% drop in revenue for 2020. Operations Strongly Affected by Covid-19 in 2020 Leading casino operator MGM Resorts reported a 60% decrease in revenue in 2020, down $1.03 billion to $5.16 billion year on year, and announced it will expand its online […]

Business
February 11, 2021
Betfair Expands Live Video Partnership with Racing Post
Online gambling company, Betfair, expanded its partnership with Spotlight Sports Group. The partnership expansion enables the highly popular Racing Post Live show to produce live video content throughout 2021. Betfair and Spotlight Sports Group Expand Existing Partnership Spotlight Sports Group announced that it extended its existing partnership with Betfair. As a result of the partnership […]

Business
February 11, 2021
Gaming Realms Raises 2020 Forecast, Expects Continued Growth In 2021
Gaming Realms has dramatically raised its FY 2020 performance forecast and expects continued growth and expansion in 2021. Gaming Realms Expects Revenue Jump for 2020 Gaming Realms expects a dramatic 62% full-year revenue jump to £11.2 million ($13.58 million) for 2020. Furthermore, the company predicts that its full-year EBITDA will reach £3.1 million ($3.76 million). […]

Business
February 11, 2021
theScore Stocks Skyrocket, Company Plans U.S. Stock Market Entry
The Canadian digital media company theScore received approval from its shareholders to consolidate stock for a U.S. stock exchange entry. Since the start of the year, the company’s stocks have been rapidly going up, marking an increase of 230%. theScore Stocks Skyrocket in 2021 Score Media and Gaming Inc may enter the U.S. market stock […]
