Finance

20th April 2021

Caesars’ William Hill acquisition to close on 22 April after High Court approval

Caesars Entertainment’s acquisition of British operator William Hill is set to close on Thursday (22 April) after the High Court of Justice in England and…

19th April 2021

New Jersey gambling revenue rockets 119.8% YoY in March

Gambling revenue in New Jersey hiked 119.8% year-on-year in March as the state’s Division of Gaming Enforcement reported growth across the sports betting, igaming and…

16th April 2021

Pennsylvania gambling revenue rockets 162.7% in March

The Pennsylvania Gaming Control Board (PGCB) has reported a 162.7% year-on-year increase in gambling revenue for the US state in March, while the market also…

16th April 2021

William Hill pulls further ahead of DC Lottery as revenue gap widens in March

Sports betting revenue in Washington DC increased 46.2% month-on-month to $1.9m in March as William Hill widened the gap between itself and DC Lottery’s Gambet.…

14th April 2021

theScore reports record handle, but negative net gaming revenue, in H1

Score Media and Gaming (theScore) has reported record handle of CAD$137.4m (USD$109.5m) for the six months ending 28 February 2021, the first half of its…

13th April 2021

Bally’s to acquire Tropicana Las Vegas

Land-based gaming operator Bally’s Corporation has announced its acquisition of the Tropicana Las Vegas casino from real estate investment trust Gaming and Leisure Properties Inc…

12th April 2021

Indiana sports betting revenue and handle rebound in March

Indiana’s sports betting market saw handle increase to $316.7m in March, an increase of over $240m, or more than 300%, from March 2020 when casinos…

12th April 2021

Overdrive Marketing acquires TheRX.com

Texas-based Overdrive Marketing Inc. has acquired longstanding online sports wagering portal TheRX.com, in a deal worth $2.4m. In addition to offering marketing, content and SEO…

12th April 2021

Illinois sports betting revenue dips for the first time in February

Illinois’s sports betting market experienced its first month-on-month decline in February, with the state’s Gaming Board reporting a fall in both revenue and handle. Adjusted…

9th April 2021

NFL secures 22.5m Genius Sports warrants under new data deal

Genius Sports has issued 22.5 million warrants to the National Football League (NFL) as part of the recently announced license agreement between the two parties.…

9th April 2021

Iowa sets new sports betting revenue and handle records in March

Sports wagering revenue in Iowa reached a new record of $13.5m in March, while the US state’s handle also hit a new monthly high of…

8th April 2021

GAN appoints Scientific Games’ Shore to lead investor relations

GAN has appointed former Scientific Games director Robert Shore to the newly created role of vice president of investor relations and capital markets. Shore will…

7th April 2021

Fox sues Flutter over pricing of FanDuel stake

Media giant Fox Corporation has filed an arbitration suit against Flutter Entertainment, as the businesses dispute the purchase price of Fox’s option to acquire an…

6th April 2021

Virginia sports betting handle reaches $265.8m in February

Consumers in Virginia wagered $265.8m on sports during February, but adjusted gross revenue (AGR) for the US state remained at a loss for a second…