New York-listed payments provider Paysafe is continuing its Latin American expansion with a definitive agreement to acquire SafetyPay for US$441m in an all-cash transaction.
Founded in 2007, SafetyPay enables eCommerce transactions via a range of open banking and eCash solutions, operating across 11 Latin American countries with additional coverage in Europe.
The [...]
New York-listed gaming technology supplier and B2C operator GAN has narrowed its second quarter net loss to $2.7m from a loss of $9.7m in Q2 2020, with its recently acquired Coolbet B2C business generating nearly two third of gross profit during the period.
GAN’s total revenue in the second quarter of [...]
New York-listed Scientific Games has enhanced its long-running instant games supply deal with Germany state lottery Saarland-Sporttoto.
The new seven-year contract will see Saarland-Sporttoto move to a full instant game partnership in 2022 under the Scientific Games Enhanced Partnership (SGEP).
Through the partnership, Scientific Games will provide Saarland-Sporttoto with instant game design [...]
Indiana’s licensed sportsbook operators booked total handle of $194.5m in July, its lowest monthly total since last August.
Total sports wagers from the state’s 11 operational casinos were up significantly compared to last year’s $70.9m, which was negatively impacted by Covid-19 restrictions, with online sports betting contributing $174.6m and retail betting [...]
MaximBet and its partner Carousel Group has entered an agreement with the White Mountain Apache Tribe to pursue an online sports betting licence in Arizona.
The deal with the Tribe, which owns the Hon-Dah Resort Casino, is subject to regulatory approval and would mark the 5th US state where MaximBet, an [...]
Stockholm-listed operator Betsson has acquired a stake in Canadian sports betting and iGaming affiliate Slapshot Media for CAD$3m.
Betsson subsidiary Betsson Perch Investments has acquired a 28 per cent stake in the business, as the operator looks to secure a presence in the soon-to-be regulated Canadian online betting and gaming market.
Under [...]
Sydney-listed betting and gaming operator PointsBet Holdings has rolled out its online sportsbook in West Virginia.
Having received regulatory approval from the West Virginia Lottery Commission, the PointsBet sportsbook is now live in its seventh US state, adding to its existing operations in New Jersey, Iowa, Indiana, Illinois, Colorado, and Michigan.
PointsBet [...]
New York-listed sportsbook and casino operator Bally's Corporation has acquired Los Angeles-based real-time fan engagement specialist Telescope for an undisclosed amount.
Telescope's live streaming, contests and sweepstakes, and second screen and play along products will enhance the Bally Bet and Bally Sports brands, enabling viewers and players to have an integrated [...]
Kindred Group’s Unibet brand has signed up its second NFL partner through an agreement with the Pittsburgh Steelers.
The partnership will enhance the Steelers’ fan experience, both at home and at the team’s Heinz Field stadium, with digital collaborations across social media channels and sweepstakes for fans, as well as a [...]
Caesars Entertainment has been named as an official casino partner of the Houston Texans.
The new multi-year deal kicks off ahead of the start of the 2021 NFL season next month, and will see Caesars Rewards sponsor the free-to-play Schedule Pick 'Em game on the Texans official mobile app.
Leading up to [...]
New York-listed sports betting and iGaming operator Rush Street Interactive (RSI) has raised its full year guidance after seeing second quarter revenue soar by 89 per cent to $122.8m.
The year-on-year revenue growth was driven by a 128 per cent rise in monthly active users (MAUs) and average revenue per MAU [...]
New York-listed Rush Street Interactive has promoted Richard Schwartz to chief executive to replace fellow co-founder Greg Carlin, who becomes vice chairman.
Schwartz co-founded RSI with Carlin and chairman Neil Bluhm in 2012, and has served as the company’s president since inception.
He has now been promoted to CEO and will join [...]