New York-listed payment provider Paysafe has entered into an agreement to acquire Peruvian alternative payments (APM) platform PagoEfectivo.
The definitive agreement will allow Paysafe to accelerate the expansion of its eCash and online banking solutions in Latin America, with the PagoEfectivo team, including CEO Juan Fernando Villena, joining Paysafe.
Founded in 2009, [...]
The British Columbia Lottery Corporation (BCLC) has partnered with Genius Sports ahead of the launch of regulated single-event sports betting in Canada.
The multi-year agreement will see Genius Sports provide its LiveData and LiveTrading services to BCLC, delivering real-time official data and pin-point pricing across thousands of sporting events each year.
This [...]
Scientific Games has bolstered its in-house production capability with the acquisition of Sydney-based games developer Lightning Box.
The acquisition expands Scientific Games’ team of in-house game makers and strengthens its online slot portfolio with the addition of popular titles such as ChickenFox, Lightning Horseman, and Lightning Leopard.
“Lightning Box games are hugely [...]
Newly listed affiliate marketing specialist Gambling.com Group has appointed MGM Resorts’ former finance chief Dan D'Arrigo to its board of directors.
D’Arrigo served as executive vice president and chief financial officer of MGM Resorts International from 2007 to 2019, working within the team that created the BetMGM joint venture between MGM [...]
New York-listed International Game Technology (IGT) has reported a 74 per cent increase in revenue to $1.04bn in the second quarter of 2021, driven by a record performance from its Global Lottery business.
Global Lottery revenue increased by 58 per cent versus a year ago to $725m, with same-store sales climbing [...]
US sports betting and iGaming operator BetMGM has been named as the exclusive sports betting partner of New York-based digital-first news network Cheddar News.
The partnership will see the launch of a new weekly program, Cheddar Bets, offering a first-of-its-kind exploration of the intersection of sports betting and financial markets.
“Cheddar News [...]
The Pennsylvania Lottery has set a new record for sales and profit during its 2020/21 fiscal year, buoyed by another sales record from its growing online lottery platform.
Total lottery sales rose to $5.3bn during the year as sales of Scratch-Off games climbed 17 per cent to $3.7bn, surpassing the previous [...]
New York-listed casino and sportsbook operator Caesars Entertainment has launched a rebranded and upgraded mobile sports betting app, which has initially gone live in eight US states.
The new Caesars Sportsbook combines the company's sports betting assets under one brand, offering new product features and integration with Caesars Rewards, the largest [...]
Texas-based online lottery provider Lottery.com expects to report strong results for the first half of 2021 with revenue expected to climb to between $14.6m and $15.1m.
In its preliminary results, the company said it enjoyed a strong performance during the second quarter with revenue expected to soar to between $9.1m and [...]
Virginia’s licensed sports betting operators generated $234.9m in handle in June.
The fifth full month following the launch of regulated sports betting on 21 January saw Virginia's total sports betting handle climb by 3 per cent month-on-month, according to latest data released by the Virginia Lottery.
The state’s seven licensed operators paid [...]
New York-listed DraftKings is bringing a new sports betting and entertainment concept to Tennessee and Michigan through a strategic partnership with restaurant chain Sports & Social.
The agreement will see upscale retail sports bars launched in Nashville and Detroit, with the collaboration bringing together Sports & Social’s experience in operating first-class [...]
Nevada casinos generated total gaming win of $1.19bn during the month of June.
Marking the fourth consecutive month that the state’s regulated gambling market generated more than $1bn, gaming win soared by 110.5 per cent compared to the same month last year, which was negatively impacted by Covid-19 restrictions.
Gaming win fell [...]