News
£2bn Gamesys-Bally’s merger set for completion in Q4 2021
Gamesys Group and Bally’s Corporation have announced a timeline for their £2bn ($2.74bn/€2.31bn) merger deal, eyeing a closing date in Q4 of this year. The…
PointsBet agrees to acquire ADW operator Premier Turf Club for $2.9m
Gambling operator PointsBet has brokered an agreement to purchase pari-mutuel advance deposit wagering (ADW) operator Premier Turf Club for $2.9m. The transaction remains subject to…
Century Casinos suffers decrease in revenue and profit loss in Q1
Century Casinos saw a decrease in first quarter revenue after Covid-19 kept its Canadian and Polish venues closed for much of the period. Net operating…
Iowa records sports wagering handle decrease for April
Iowa posted sports wagering handle figures of $118.4m for April 2021, representing a 7438.9% increase from April 2020 when almost all major sporting events were…
DraftKings ups guidance as revenue grows 252% but losses rise further
DraftKings’ revenue continued to rocket in Q1, growing 252.7% to $312.3m, but losses widened as the operator’s sky-high costs of sales and marketing costs continued…
Fox Corporation to acquire digital media platform Outkick
Media giant Fox Corporation has brokered a deal to acquire Outkick Media, a digital media platform founded by US sports journalist and media personality Clay…
Ohio bill would legalize sports betting
A bill to legalize sports betting – allowing 20 land-based and 20 online licenses plus an offering from the lottery – has officially been introduced…
AGS reduces losses after cutting costs in first quarter
Gaming technology supplier AGS posted a narrower net loss of $8.6m in the first quarter of its financial year after reducing operating costs and other…
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Read now!Caesars seals AZ market access with Diamondbacks deal
Caesars Entertainment has struck a partnership with Major League Baseball franchise the Arizona Diamondbacks, that will allow the operator to roll out sports betting in…
Oregon bounces back in April as revenue rockets 594.9% YoY
The Oregon Lottery has reported a 594.9% year-on-year increase in sports betting revenue in April, while the US state’s handle also rocketed 475.0% to $25.3m.…
Penn National revenue grows to $1.27bn in Q1 as online GGR rockets
Land-based and online operator Penn National Gaming has published its results for the three months to 31 March 2021, showing that it generated $1.27bn in…
Zynga posts increase in gaming revenue as losses decline
Social gaming company Zynga saw a sharp increase in gaming revenue and overall revenue, but still made a $23m net loss in the first quarter…
Zynga agrees to acquire Chartboost for $250m
Social gaming giant Zynga has agreed a deal to acquire mobile programmatic advertising and monetization platform Chartboost for approximately $250.0m. Zynga will fund the purchase…
Everi returns to profit as revenue reaches record $139.1m in first quarter
Gaming and financial technology business Everi Holdings said record revenue of $139.1m in the first quarter of its financial year helped it return to profit…
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