News
DraftKings to acquire GNOG in $1.56bn deal
DraftKings has agreed to acquire 100% of Golden Nugget Online Gaming (GNOG) from Fertitta Entertainment, Inc in a $1.56bn all-stock deal that will see Tilman…
Illinois sets December deadline for online-only sports betting licenses
The Illinois Gaming Board has set a deadline of December 3 this year for applications for three additional online-only sports betting operator licenses in the…
Florida sports betting compact approved by Department of the Interior
A compact agreement that would allow sports betting in Florida through the Seminole Tribe – including statewide mobile sports betting – has been approved by…
DraftKings subpoenaed by SEC over Hindenburg allegations
US sportsbook giant DraftKings has revealed it received a subpoena from the US Securities and Exchange Commission (SEC) concerning allegations made by a report from…
FanDuel retains top spot as Iowa betting revenue and handle climb
The Iowa Racing and Gaming Commission reported a year-on-year increase in sports betting revenue and handle in the US state in July, with FanDuel partner…
MGM Growth Properties sees Q2 profit edge up ahead of VICI acquisition
MGM Growth Properties (MGP), the real estate investment trust spun off from MGM Resorts International, reported a 7.1% year-on-year rise in net profit for the…
Illinois sports betting handle continues to fall in June, but revenue grows
The Illinois Gaming Board has reported a continued drop in sports betting handle for the third consecutive month in June, while revenue grew. Handle came…
DraftKings raises revenue guidance again but H1 losses grow to $650m
DraftKings increased its revenue guidance again after recording half-year revenue of $609.8m, up 282.3% from 2020, though losses also continued to grow as operating expenses…
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Read now!PlayAGS sees significant year-on-year improvement in Q2 results
Gaming machine provider PlayAGS has reported a revenue of $66.8m in its second quarter 2021 results, an increase of 298.1% year-on-year. Results were largely positive…
New Jersey becomes first state to legalize fixed-odds betting as Governor signs bill
New Jersey has become the first US state to legalize fixed-odds horse racing betting after its Governor Phil Murphy signed a new bill into law.…
Zynga announces acquisitions as it returns to profit in first half
Zynga posted a net profit of $4.8m for the first half of its 2021 financial year after a 63.7% year-on-year increase in revenue during the…
Accel Entertainment raises guidance after 226.6% revenue growth in H1
Gaming terminal business Accel Entertainment has reported a half-year 2021 revenue of $349.0m in largely successful results for the company. This was a revenue increase…
Playtika seeks M&A after lower H1 costs help business return to profit
The chief financial officer of social gaming business Playtika said the business is excited about future merger and acquisition opportunities, as slightly higher revenue and…
DraftKings pens wide-ranging data deal with Genius Sports
Genius Sports has secured a multi-year agreement with DraftKings for the supply of official sportsbook data and content solutions for a range of leading sports…
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