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PointsBet

PointsBet adds Kosha Gada to board of directors

US and Australian sportsbook operator PointsBet has strengthened its board with the appointment of Kosha Gada as an independent non-executive director.

Gada will join the board on 3 May, bringing a wealth of experience across media, technology and digital businesses.

She is currently CEO and managing director of media and tech incubator [...]

2 mins read

Crown Resorts shares soar on AUD$8bn acquisition proposal

Sydney-listed casino operator Crown Resorts has received an AUD$8.0bn acquisition offer from US private equity firm Blackstone Group.

The unsolicited, non-binding and indicative proposal on behalf of funds managed and advised by Blackstone and its affiliates aims to acquire all of the shares in Crown by way of a scheme of [...]

1 min read
Tennis

Stats Perform and Sportradar team up for WTA in-play tennis services

Sports data provider Stats Perform has agreed a deal to deliver official WTA tennis data to power Sportradar’s in-play tennis odds and trading services outside the United States.

The deal will allow Sportradar’s sports betting customers with a Stats Perform WTA data licence to access in-play WTA tennis odds, powered by [...]

2 mins read
Greentube

Greentube enhances B2B social casino solution

Novomatic’s interactive division Greentube has launched an enhanced version of its B2B social casino solution.

Greentube Pro 2.0 has been developed by the supplier’s subsidiary Bluebat Games and offers improved monetisation features for land-based casinos to engage players through social casino games, including a library of more than 183 titles from [...]

2 mins read
Entain

Entain Foundation names Lt Gen Ed Davis as independent chair

London-listed betting and gaming operator Entain has appointed former Gibraltar Governor Ed Davis CBE as independent chair of the Entain Foundation, with German Olympian Franziska van Almsick named as an ambassador.

Having launched its global foundation in November 2019 to support its initiatives and donations around the world, Entain is now [...]

3 mins read
PointsBet

PointsBet to acquire in-play sports specialist Banach Technology

Sydney-listed PointsBet Holdings is looking to enhance its in-play sports betting capabilities through the acquisition of Dublin-based supplier Banach Technology.

The binding share purchase agreement will see PointsBet’s wholly owned Irish subsidiary, Lockspell Limited, acquire Banach for U$43m on a cash and debt free basis, with 55 per cent to be [...]

1 min read
Entain

Entain launches global initiative to support women in tech

London-listed betting and gaming operator Entain is marking International Women’s Day with a number of new initiatives aimed at supporting girls and young women around the world in building careers in technology.

Entain has partnered with Girls Who Code and the Tech Girls Movement Foundation, two organisations that work to promote [...]

4 mins read
International Women's Day 2021, UN Women / Yihui Yuan

It’s 2021. Why are we still having this conversation?

Christina Thakor-Rankin of All-In Diversity on the challenge of promoting diversity and inclusion in a global industry

The simple and flippant answer to the question above is: because we only give it the due consideration it deserves once a year and oftentimes as nothing more than a badging exercise. Then life [...]

5 mins read

Gaming Innovation Group on top as gaming shares rebound in February

After a slow start to the year in January, there was better news for industry stakeholders in February as shares in the leading operators and suppliers rose by a combined 5.6 per cent by month end.

After posting a decline of 7.8 per cent last month, the 50 publicly-listed operators and [...]

1 min read
Entain

Entain posts 2020 revenue of £3.6bn as international gains offset by COVID-19 impact

London-listed betting and gaming operator Entain has reported flat net gaming revenue (NGR) of £3.63bn for 2020, with strong growth in international operations offset by the impact of the COVID-19 pandemic on its retail businesses.

In the first half of the year, NGR decreased by 11 per cent, with a strong [...]

1 min read
William Hill

William Hill posts 2020 profit despite COVID-19 impact on retail

London-listed betting and gaming operator William Hill has reported a 16 per cent fall in net revenue to £1.32bn for 2020, as the COVID-19 pandemic led to the disruption of live sporting events and closures and restrictions to retail.

Retail net revenue was down by 51 per cent at £354.2m in [...]

1 min read
Flutter Entertainment

Flutter slips to 2020 loss as Stars’ acquisition weighs on bottom line

London-listed Flutter Entertainment has posted a 106 per cent increase in reported group revenue to £4.4bn in 2020, including results from The Stars Group (TSG) from May.

On a pro forma basis, which includes TSG’s results for both 2019 and 2020, group revenue was up 27 per cent year-on-year to £5.26bn [...]

1 min read
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