News

22nd April 2021

Arizona regulator begins drafting sports betting and fantasy rules

The Arizona Department of Gaming (ADG) has begun drafting rules for the introduction of fantasy competitions and sports wagering in the state, following Governor Doug…

22nd April 2021

BetMGM Q1 revenue reaches 90% of 2020 total as JV aims for $1bn by 2022

Online sportsbook BetMGM recorded revenue of $163m for the first three months of 2021 – 90% of its entire 2020 total.  At an investor day…

22nd April 2021

Caesars completes £2.9bn acquisition of William Hill

Caesars Entertainment has finalized its acquisition of British gambling operator William Hill. Under the acquisition deal announced in September last year, Caesars agreed to pay…

22nd April 2021

Churchill Downs Incorporated returns to profit in Q1

Churchill Downs Incorporated (CDI) returned to profit in Q1 of 2021 as revenue grew 28.2% year-on-year to $324.3m, thanks to the acquisition of new race…

22nd April 2021

Virginia sports bettors wager $628.7m from January to March

The Virginia Lottery has released a gaming update for the first months of legal gaming in the state, showing that a total of $628.7m was…

22nd April 2021

Caesars commits to spend $400m on Atlantic City resorts by 2023

Caesars Entertainment has revealed plans to invest $400m into its land-based casino resorts in Atlantic City, New Jersey by 2023. The operator runs the Caesars,…

22nd April 2021

Bally’s misses out as City of Richmond cuts casino resort shortlist to two

Bally’s Corporation’s bid to build a new casino resort in the City of Richmond, Virginia has failed after it missed out on the final shortlist…

21st April 2021

DraftKings appoints Gisele Bündchen to board and ESG advisor role

DraftKings has announced the appointment of Brazilian model and environmental activist Gisele Bündchen as special advisor to the company’s CEO and as a member of…

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21st April 2021

IGT to reduce board size as Bassey departs

International Game Technology (IGT) is to downsize its board of directors to 10 members after Beatrice Bassey announced she would not stand for re-election. Bassey,…

21st April 2021

Rush Street Interactive appoints Seiler to new IR role

Betting and igaming operator Rush Street Interactive (RSI) has appointed Lauren Seiler to the newly created role of associate vice president of investor relations and…

21st April 2021

DraftKings becomes official partner of Professional Fighters League

Online operator DraftKings has become the first official sportsbook and daily fantasy partner of mixed martial arts (MMA) organization, the Professional Fighters League (PFL). The…

21st April 2021

Bally’s raises $671.4m via share offering to fund Gamesys acquisition

Casino operator Bally’s Corporation has raised $671.4m through a share offering, with the funds to be used to partially finance its acquisition of Gamesys Group.…

21st April 2021

PointsBet completes $43m Banach Technology acquisition

PointsBet Holdings has completed its previously announced acquisition of sportsbook solutions provider Banach Technology. The operator last month agreed a deal through its Lockspell Limited…

20th April 2021

Online betting introduced in Arkansas, passed to Committee

A bill calling for the introduction and regulation of online sports betting by casino licensees in Arkansas has been referred to the state House Rules…

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