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Business News and Headlines
Business
January 21, 2021
BETZ Boosts with Bally’s, dMY Technology II, FDJ and Bragg
Investment adviser Roundhill Investments which manages 3 exchange-traded funds (ETFs) among which NYSE-traded BETZ, added 4 new stocks to the holdings of the gaining popularity sports betting and iGaming ETF. The Roundhill Sports Betting & iGaming ETF (BETZ ETF) managed by the New York-based investment company and rebalanced on a quarterly basis, bolstered its portfolio […]

Business
January 21, 2021
After Stellar 2020, Entain Enters 2021 with Good Momentum
2020 was a stellar year for Entain, according to the company’s most recent financial year report. After observing a 27% growth of online net gaming revenue, the company enters 2021 with good momentum. Entain Reveals Its Q4 2020 and Financial 2020 Update The global sports-betting and gaming entertainment company, Entain plc released its trading report […]

Business
January 20, 2021
OneComply to Assist FansUnite in Entering North American Market
OneComply Inc will assist FansUnite Entertainment in obtaining operational licenses for the booming US online gambling market. Entry Into North America Compliance and licensing leader OneComply Inc has entered a deal with Canadian sports entertainment specialist FansUnite Entertainment. Under the terms of the agreement, OneComply will help FansUnite navigate the North American gaming jurisdictions. The […]

Business
January 20, 2021
Genius Sports and Grupo Caliente Sign Streaming and Live Data
Grupo Caliente has extended its partnership with Genius Sports to include live streaming options and live data. Genius Sports and Grupo Caliente Mexican betting operator Grupo Caliente has expanded its existing ties with Genius Sports, tapping into the latter’s official live data feed and streaming content to enhance the in-play and pre-match betting experience. Genius […]

Business
January 19, 2021
Genius Sports Files ISO Statement with SEC, Awaits $1.5 Billion Merger Approval
Genius Sports has filed an ISO statement with SEC to merge with dMY II and go public with its new holding company Galileo NewCo. Shareholders Have Approved the Merger Betting data supplier Genius Sports Group and special-purpose acquisition company dMY Technology Group II’s anticipated $1.5 billion merger agreement will form Galileo NewCo, a new holding […]

Business
January 19, 2021
MGM Resorts Would Not Table a Firm Takeover Bid for Entain
Las Vegas-based gaming and hospitality company MGM Resorts announced Tuesday it would not proceed with a firm bid for Entain PLC after having its latest proposal worth $11 billion rejected. All-Stock Bid Swiftly Rejected MGM Resorts offered an all-stock deal to Entain shareholders in which each share at the Isle of Man-registered gaming group would […]

Business
January 19, 2021
888 Cements Online Poker Position by Extending Caesars Deal
Gibraltar-based gambling group 888 Holdings announced Tuesday its existing exclusive poker partnership deal with US casino operator Caesars Entertainment was extended, to see the online gaming operator continue to power the digital poker platform of Caesars, including online poker rooms utilized by the World Series of Poker (WSOP) brand. Shared Poker Player Liquidity The multi-year […]

Business
January 19, 2021
Spiffbet Acquires Online Casinos Sir Jackpot and Live Lounge
Spiffbet has successfully acquired online casinos Sir Jackpot and Live Lounge from Livelounge Ltd. for kr 2.5 million. Spiffbet Acquires Live Lounge and Sir Jackpot Swedish Spiffbet has entered a KR 2.5 million ($299, 471) acquisition agreement with Livelounge Ltd, based in the British Virgin Islands. Through the deal, Spiffbet will acquire Livelounge’s online casinos […]

Business
January 19, 2021
Brent Hoberman to Advise Sazka on Its Bid for National Lottery
Sazka Group announced that it hired the services of Brent Hoberman. In his new position, the founder of Lastminute.com will provide counsel for the company on its bid for the National Lottery license in the U.K. Sazka Group Hires the Services of Brent Hoberman One of Europe’s fastest-growing lottery companies, Sazka Group, announced that it […]

Business
January 19, 2021
Imploding Trump Plaza for Charity Auction Cancelled
The charity event aiming at auctioning the rights to demolish Trump Plaza in Atlantic City and using the raised money to fund the Boys and Girls Club was canceled due to safety concerns. Speaking with the Associated Press, Trump Plaza’s owner Carl Icahn revealed that his philanthropic arm will be donating $175,000 to the Boys […]
