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Business News and Headlines
Business
January 29, 2021
Catena Media Names Michael Daly as New CEO
Catena Media announced that its board of directors appointed Michael Daly as the company’s new CEO. Previously in charge of the company’s U.S. operations, Mr. Daly will spearhead the company starting from March 1, 2021. Michael Daly to Lead Catena Media as New CEO The lead generation company based in Malta, Catena Media announced today […]

Business
January 29, 2021
FSB Names Keith Laidlaw Advisory Board Member
Keith Laidlaw, a gaming industry veteran and proven leader joined the sports betting technology company FSB. In his new position, Mr. Laidlaw would be advising the company on its global IT and technology strategy. Gaming Industry Veteran Keith Laidlaw Joins FSB The sports betting industry tech leader, FSB has announced that it hired the services […]

Business
January 29, 2021
Scientific Games Ramps up Hiring Push with Bombassei and Johnson
Scientific Games continues to pursue an aggressive expansion strategy, bringing top-notch industry veterans on board to help the company spearhead its strategy. As a result, SG has appointed Jim Bombassei as SVP of investor relations and added Simon Johnson who will now take care of the company’s operations in Europe, the Middle East and Africa. […]

Business
January 28, 2021
Playstudios in Negotiations for $1B SPAC-Type Merger Deal
Another SPAC-type merger in the gaming industry is in the making, an article in Bloomberg speculates, reporting that the developer of online social games Playstudios is currently negotiating with the special purpose acquisition company (SPAC) Acies Acquisition Corp. MGM Resorts Binds Acies and Playstudios According to people in the know who prefer to remain unidentified […]

Business
January 28, 2021
IGT Powers FanDuel’s Sportsbook App Recently Launched in Virginia
U.S. sports betting market leader, FanDuel strengthened its partnership with IGT. FanDuel’s sportsbook app which was recently launched for the Commonwealth in Virginia and Michigan is powered by IGT’s PlaySports platform. IGT’s PlaySports Platform Powers FanDuel’s Sportsbook App The global leader in gaming, International Game Technology (IGT) announced on Wednesday this week that its PlaySports […]

Business
January 28, 2021
Award-Winning 1X2 Network Sets Foot in Canada with Loto-Québec
1X2 Network, a slot and table game developer, has signed a deal with lottery operator Loto-Québec to launch its games in Canada for the first time. Loto- Québec First to Introduce Games by 1X2 Network to Canada The leading slot and table game developer 1X2 Network has been quickly gaining popularity in regulated markets. The […]

Business
January 28, 2021
How WallStreetBets Subreddit Drives GameStop Stock Rally
GameStop, an embattled and disintegrating games retailer, has been bolstered up by the efforts of a Reddit forum by the name of WallStreetBets, which sent the value of the company’s shares up by 2000% over the last month. WallStreetBets Resurrects a Dying GameStop After the flurry of excitement surrounding the WallStreetBets subreddit, the board […]

Business
January 27, 2021
Sinclair’s Fox Sports RSNs Ready to Rebrand into Bally Sports
Sinclair Broadcast Group announced Wednesday its Fox Sports regional sports networks (RSNs) would be shedding their skin and get rebranded as Bally Sports, presenting the new logos to the public. “We are extremely proud to unveil the Bally Sports logo as it signifies a new, transformative chapter in the regional sports business and is representative […]

Business
January 27, 2021
DraftKings Named Exclusive DFS Partner for Charlotte Hornets
Boston-based sports betting brand DraftKings and the National Basketball Association (NBA) franchise from North Carolina Charlotte Hornets entered into a partnership deal, the sportsbook announced today. “We’re excited to enter this partnership with DraftKings and bring its daily fantasy sports products to our great Hornets fans.” Fred Whitfield, President and Chairman, Hornets Sports & Entertainment […]

Business
January 27, 2021
New York State Gaming Market Holds Potential to Grow, Says Study
The New York State Gaming Commission announced the results of a new study that analyzed the economic, demographic, and commercial factors impacting the gaming industry in the state. The study, conducted by Spectrum Gaming Group, found that besides the growth in the gaming sector achieved between 2015 and 2020, the gaming industry holds potential to […]
