News
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…
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…
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…
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…
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…
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,…
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…
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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Read now!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,…
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…
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…
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.…
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…
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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