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Business
October 27, 2020
Genius Sports Goes Public, Merges with dMY Technology Group II
UK-based sports betting data provider Genius Sports announced today it entered into a definitive business combination agreement with the special purpose acquisition company (SPAC) dMY Technology Group II. Genius Sports Will Trade on the NYSE The $1.5 billion deal with the blank-check company will allow Genius Sports to start trading on the New York Stock […]
Business
October 27, 2020
FunFair Games Gets EveryMatrix’s RGS Technology
Leading iGaming software provider EveryMatrix’s Remote Gaming Server RGS Matrix has signed a deal with FunFair Games. The agreement will allow decentralized blockchain gambling company FunFair Technologies’ new game development studio to distribute its multiplayer content through RGS Matrix’s open architecture server. FunFair’s New Genre of Multiplayer Games FunFair Games will also be able to […]
Business
October 27, 2020
BetMGM Brings Heavyweight Digital Pioneer Ryan Spoon
With years of experience working towards the digitalization of all companies he’s been part of, Ryan Spoon, an ESPN heavyweight, steps in as COO at BetMGM. BetMGM Gets an ESPN Veteran at the Helm MGM Resorts and GVC Holdings’ sports betting joint venture, BetMGM, has tapped Ryan Spoon, an ESPN veteran, as its new chief […]
Business
October 27, 2020
Caesars, William Hill Ink Agreement to Sponsor Indianapolis Colts
Caesars Entertainment, William Hill and the Indianapolis Colts ink a strategic sponsor partnership. The partnership makes Caesars and William Hill a sports betting partner of the NFL team. Caesars and William Hill Ink Sponsorship with Indianapolis Colts Caesars Entertainment and its exclusive sports betting partner, William Hill US, revealed on Monday this week their first […]
Business
October 26, 2020
Caesars’ Bid for William Hill Approaching Day of Reckoning
UK-based sports book and iGaming operator William Hill is subjecting to shareholder vote Caesars Entertainment’s £2.9 billion takeover bid on November 17, just two days prior to a court hearing on the deal. For the cash deal to go ahead, 75% of William Hill shareholders should vote in favor of the offer from the casino […]
Business
October 26, 2020
AJO Partners Closes Down, Returns Money to Investors
Institutional investment manager company AJO Partners is closing down and returning funds to its investors, a letter from AJO co-founder and Co-CEO Ted Aronson to the company’s clients revealed. The fund will return $10 billion to investors in an act reminiscent of Warren Buffet’s closure of his Buffet Partners in 1969. Market Driven by Many […]
Business
October 25, 2020
Chief Investment Strategist: Further Fiscal Stimulus Not Needed
Growing calls from investors, executives and lawmakers for more fiscal stimulus to further support the economic rebound seem to ignore the strength of the economic recovery, James Paulsen, chief investment strategist at The Leuthold Group pointed out. Avoid Noise for More Aid In a note to clients Thursday, Paulsen defied Federal Reserve Chairman Jerome Powell […]
Business
October 24, 2020
INTRALOT and Camelot Introduce Fast Play to Illinois State Lottery
Greek-based gaming leader INTRALOT Integrated Lottery Systems and Services has announced that its US subsidiary INTRALOT, along with its partner Camelot Illinois, has successfully introduced new Fast Play games to the Illinois State Lottery. The contract with Camelot Illinois for the management of the Illinois State Lottery was signed in 2018. INTRALOT provides the necessary […]
Business
October 24, 2020
BetVictor Teams up with BILD to Launch Sports Betting Platform
The betting provider BetVictor joined forces with the highest-selling newspaper in Germany, BILD. The result of the collaboration will be a new online sports betting platform, BildBet which is expected to launch in December this year. The New Sports Betting Platform – BildBet The betting provider BetVictor and BILD teamed up to create a new […]
Business
October 24, 2020
GiG to Power Bet Seven’s First Casino Brand in First Half of 2021
GiG has signed a partnership with Bet Seven Online and will power the latter’s first online casino brand, SuperSeven, with its own frontend and managed services in 2021. Bet Seven Picks GiG to Power First Online Casino Brand Offering Gaming Innovation Group Inc. (GIG) has signed a multi-year partnership with Bet Seven Online Ltd, which […]