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Business
July 12, 2021
Betfred Reports Profitability Despite the Pandemic
Betfred reports profitability for 2020, despite the COVID-19 pandemic and the hardships it had along the way. Betfred Records Profit in Its Annual Report Betfred, a bookmaker based in the UK, has reported profitability despite the COVID-19 pandemic, thanks to HM Revenue & Customs (HMRC). Betfred’s annual report for the year to September 27, 2020, […]
Industry
July 12, 2021
Advent International Shows Interest in William Hill’s non-US Assets
Advent International is rumored to be in on the fight to purchase William Hill as this company is reportedly focused on buying all of the assets by this reputable sportsbook in both Europe and the UK. At the moment, Advent also has two competitors in this auction – Apollo Global and 888 Holdings, the latter […]
Industry
July 12, 2021
NY State Gaming Commission Released Mobile Sports Betting Request
New York State’s Gaming Commission has released the long-anticipated request for mobile sports betting applications. Sports Betting Applications Are Due August 9 On Friday afternoon, the New York State Gaming Commission released the request for mobile sports betting applications. The applications request was long-awaited, as it was supposed to come out on July 1. The state would partner with […]
Industry
July 12, 2021
Flutter to Delay FanDuel Split As the Sportsbook Takes Control Of the Market
This past March, it looked like FanDuel was going to follow in DraftKings’ footsteps and seek a spot on a public stock market. Owned by Flutter Entertainment, which has its hands in sports gambling and iGaming operations around the globe, being traded publicly would certainly give FanDuel a lot of support for future growth. However, […]
Sports
July 9, 2021
New Jersey College Sports Betting Facing an Uphill Battle
New Jersey is not likely to see gambling expansion in November, as the proposed state constitutional amendment does not get the necessary public support, the latest FDU poll suggests. 67% against Betting on Local College Teams The proposed measure to allow wagering on college sports events with the participation of local teams is facing an […]
Business
July 8, 2021
Genius Sports Expanded Partnership Deal with DIMAYOR
A current relationship between Genius Sports and DIMAYOR, the governing body of Colombian soccer, has been expanded, the official data and technology supplier announced. Exclusive Data and Distribution Rights Founded in 1948, the Colombian Soccer Major Division (DIMAYOR) is the entity in charge of organizing, managing and regulating the Colombian Professional Soccer championships, and, according […]
Legal
July 8, 2021
Sportradar Teams Up with LNB for Data and Distribution Rights
Sportradar will become France’s Basketball League’s official data partner under the terms of the first deal following the acquisition of Synergy Sports. Sportradar Becomes LNB’s Official Data Partner Sportradar, а leading global provider of sports betting and sports entertainment products and services, announced today the extension of its agreement with French top-tier Ligue Nationale de […]
Industry
July 8, 2021
Sportingtech Eyes Market Expansion with Re-Branded Product
Sports betting and online gaming technology supplier Sportingtech revealed its omnichannel Quantum Platform has undergone significant upgrades to support the company’s upcoming “concerted push into regulated markets across the globe.” Major Strategic Overhaul The move to re-purpose and re-brand its flagship product represents the biggest strategic overhaul at the Malta-based gaming technology supplier undertaken since […]
Sports
July 8, 2021
FanDuel Signs Mohegan Sun as Connecticut Partner ahead of Market Launch
Mohegan Sun in Connecticut is the market partner for FanDuel in Connecticut as the state prepares to launch sports betting. FanDuel Shapes Connecticut Entry Strategy with Mohegan FanDuel Group continues to vie for market share in the highly competitive and still developing US sports gambling market. Facing competition from BetMGM and DraftKings, and not least […]
Sports
July 8, 2021
PointsBet Welcomes NFL Legend Drew Brees to the Family
PointsBet has secured retired New Orleans Saints quarterback Drew Brees as the company’s latest brand ambassador. PointsBet Adds Drew Brees as Ambassador Sports betting operator PointsBet has teamed up with NFL ace and future Hall of Famer Drew Brees, who is now part of the company’s ambassadorship. Brees is on his way to becoming a broadcasting talent with […]