News
DraftKings revenue and losses both continue to grow in Q3
DraftKings’ revenue continued to grow year-on-year, prompting the business to raise its revenue guidance again, but losses also grew further thanks to mounting expenses and…
Sportradar secures sports betting approval in Connecticut and West Virginia
Sportradar has secured an online gaming service provider license in the state of Connecticut and renewed its sports wagering supplier license in West Virginia, while…
North Carolina betting legislation continues slow progress through House
A bill to legalize commercial online sports betting in North Carolina has cleared another committee in the state’s House of Representatives. House Bill 631, which…
PlayAGS cuts net loss as revenue climbs 36.5% in Q3
Gaming machine provider PlayAGS reported a reduced net loss for the third quarter of its 2021 financial year after it experienced a 36.5% year-on-year increase…
BetMGM scores former NFL star Johnson as brand ambassador
BetMGM has announced the signing of former National Football League (NFL) player Chris Johnson as its latest brand ambassador. The agreement will see Johnson feature…
American Gaming Association names Hard Rock’s Allen as new chairman
The American Gaming Association (AGA) has appointed Jim Allen, chairman of Hard Rock International and chief executive of Seminole Gaming, as its new chairman. Allen…
Better Collective completes acquisition of RotoGrinders with €33m deal
Better Collective has completed its acquisition of US-based RotoGrinders Network. The leading sports betting media group purchased the remaining 40% stake in RotoGrinders for a…
Tipico launches online casino in New Jersey
German sportsbook operator Tipico has launched its online casino product in the New Jersey market. The company has partnered with Ocean Casino Resort for licensing in New…
FanDuel, DraftKings become official NBA betting partners with expanded partnerships
FanDuel and Draftkings have expanded their partnerships with the National Basketball Association (NBA), which will see the companies become the league’s official betting partners. The…
Bally’s Q3 revenue up 170% in final quarter before Gamesys acquisition
Land-based operator Bally’s saw revenue grow 170.0% to $314.8m (£232.2m/€272.5m) in Q3 of 2021, the last quarter before its acquisition of UK-based igaming operator Gamesys…
Penn reports $1.51bn in Q3 revenue but non-operating costs hit profits
Penn National Gaming (PNG) has reported revenue of $1.51bn (£1.1bn/€1.3bn) for its third quarter 2021 results ended September 30, though profit declined due to non-operating…
MGM Resorts revenue doubles in Q3 as it announces Mirage sale plans
MGM Resorts has recorded revenue figures of $2.71bn for the third quarter of 2021, representing a 145.5% increase on the same period last year. The…
SuperBook Sports partners with UFC star Chandler
SuperBook Sports has entered into a new sponsorship agreement with Ultimate Fighting Championship (UFC) athlete Michael Chandler. Under the deal, Chandler will mention SuperBook Sports…
Game Play Network and Range Media Partners create igaming joint venture
Game Play Network (GPN) has partnered with talent management business Range Media Partners to offer online gaming experiences to Range’s celebrity clients. As part of…