Finance
Elys agrees to acquire US Bookmaking
Online gambling operator and supplier Elys Game Technology has entered into a definitive purchase agreement to acquire 100% of Bookmakers Company, the Nevada-based sports betting…
Hard Rock and Seminole Gaming pledge donations to Miami’s Surfside relief
Hard Rock International and Seminole Gaming, the gambling business of of the Seminole Tribe of Florida, have pledged to donate funds to ongoing relief work…
Virginia betting revenue bounces back in May as spending surpasses $1bn
Sports betting revenue in Virginia increased 37.7% month-on-month to $15.7m in May, while total handle since launch passed $1.0bn despite a second month of decline. Adjusted…
New Jersey iGaming Dashboard – June 2021
The Borgata seems to be setting out its stall as the new leader of New Jersey’s igaming market, with May marking its third consecutive month…
State of the Union: Canada, Nevada, Bally’s and more
This week’s State of the Union, in partnership with Segev LLP, covers Canada’s single event betting bill, as well as the latest numbers from Nevada,…
Fertitta amends SPAC merger terms ahead of listing
Fertitta Entertainment has amended the terms of its merger with a special purpose acquisition company (SPAC), reportedly increasing the enterprise value of the combined entity…
CBRE Group acquires Union Gaming
US commercial real estate services and investment business CBRE Group has completed a deal to acquire Union Gaming, a boutique investment bank and advisory company…
Nevada revenue grows as Covid-19 controls relax
In the wake of Nevada casinos’ capacity increasing to 80% in May, state gaming revenue grew 18.9% month-over-month. Total gaming revenue for May came to…
Mississippi sports betting revenue reaches $3.9m in May
Sports wagering revenue in Mississippi rocketed by 4,333.8% year-on-year to $3.9m in May, while the US state’s handle also jumped 15,175.0% to $36.1m. Mississippi’s land-based…
Everi launches $400m notes offering
Land-based and digital casino content provider Everi has announced its intent to offer $400.0m (£288.9m/€336.1m) in aggregate principal amount of senior unsecured notes in a…
Rhode Island sportsbook revenue falls in May
Rhode Island posted sportsbook revenue of $2.8m for May, representing a 12.5% decrease from the previous month. However, compared to the same period last year…
Quarter4 closes round of seed funding after raising $1.6m
Quarter4 – which uses AI to offer predictive sports data and analytics for sports, media and betting businesses – has announced the closure of its latest…
State of the Union: Canada, Wire Act, Sports Illustrated and more
This week’s State of the Union, in partnership with Segev LLP, is highlighted by passage of a bill to allow single-event sports wagering in Canada.…
DoubleU Games to seek new underwriter for DoubleDown IPO
Korean social gaming operator DoubleU Games has terminated its contract with the underwriter responsible for listing its DoubleDown Interactive subsidiary on the Nasdaq exchange, and…