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Finance
14th September 2020
Scientific Games chairman Perelman to sell 34.9% stake
Scientific Games has announced that investor Ron Perelman will sell a 34.9% stake in the supplier for more than $900m to a group of institutional…
11th September 2020
Indiana betting revenue tops $100m in first year
Indiana sportsbooks took in revenue of $9.8m in June, up 47.6% from July, as stakes hit $1.20bn and revenue exceeded $100m for the first 12…
11th September 2020
DraftKings hands top accounting role to Bradbury
Sports betting and daily fantasy sports operator DraftKings has appointed Erik Bradbury as its new chief accounting officer with immediate effect. Reporting directly to chief…
11th September 2020
Iowa’s sports betting handle more than doubles in August
The Iowa Racing and Gaming Commission (IRGC) reported a month-on-month rise in sports betting revenue for August, while the US state also saw its handle…
10th September 2020
State of the Union: PointsBet, Covid-19, 5Dimes and more
This week’s State of the Union, in partnership with Segev LLP, covers PointsBet’s first-of-its-kind deal with the University of Colorado Buffaloes, the US gaming market’s…
9th September 2020
PointsBet raises AU$70.5m via initial entitlement offer
Online gambling operator PointsBet has revealed it raised a total of AU$70.5m (£51.2m/€43.4m/US$51.1m) through the first stage of its fully underwritten entitlement offer. Launched earlier…
9th September 2020
Betting & igaming contribution to US gambling grows in July
US commercial gross gambling revenue (GGR) continued to recover in July as more casinos and other venues reopened following the novel coronavirus (Covid-19) shutdown. Operators…
7th September 2020
2020 Kentucky Derby brings in $79.4m in wagers
A total of $79.4m was bet on the 2020 Kentucky Derby, down 52.0% from 2019’s record handle, according to Churchill Downs Incorporated (CDI). Bettors staked…
ICE North America Webinar Series – The Road Back
With American casinos beginning to reopen, questions still remain about the roadmap to long-term recovery. The Road Back four-part webinar series will examine measures and best practices to guide land-based operators and suppliers, as you work with your customers, your teams and your partners to provide a safe betting and gaming experience in the 'new normal' environment.
Register Now!
5th September 2020
Pennsylvania Gaming Dashboard – August 2020
Pennsylvania’s igaming market could hold on to the huge gains it made during lockdown if July’s figures are anything to go by. iGaming Business and…
4th September 2020
PointsBet exceeds expectations with AU$200m placement
Online gambling operator PointsBet has surpassed initial expectations by raising AU$200m (£109.9m/€123.0m/US$145.2m) through a share placement. PointsBet last week set out plans to generate $150m,…
3rd September 2020
State of the Union: William Hill, Washington DC, PointsBet and more
This week’s State of the Union, in partnership with Segev LLP, covers William Hill’s acquisition of sportsbook solutions provider CG Technology and the latest sports…
2nd September 2020
Skillz to go public on NYSE through SPAC
Mobile gaming platform Skillz Inc will go public on the New York Stock Exchange through a merger with special purpose acquisition company Flying Eagle Acquisition…
2nd September 2020
Michael Jordan takes equity interest in DraftKings
Basketball icon Michael Jordan is to take an equity interest in DraftKings, in exchange for becoming a special advisor to the operator’s board of directors.…
2nd September 2020
PointsBet launches AU$303m fundraising drive
Online gambling operator PointsBet has set out details of a new capital raising, through which it hopes to generate AU$303m (£166.5m/€187.6m/US222.5m) in additional funds. Announced…
