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Scout Gaming Group

Scout Gaming revenue soars 121 per cent in second quarter

Stockholm-listed B2B fantasy sports provider Scout Gaming has seen total revenue more than double to SEK13.9m during the second quarter of 2021, as the company prepares to roll out its first full B2B sportsbook offering.

Revenue grew for the eighth consecutive quarter, buoyed by the Euro 2020 football championships and continued [...]

1 min read

FanDuel to sponsor Kentucky Downs for next three years

Betting and fantasy sports operator FanDuel has agreed a three-year sponsorship of the annual six-day Kentucky Downs horse racing meet.

The partnership sees FanDuel’s TVG brand become Kentucky Downs’ official advance deposit wagering (ADW) platform, while FanDuel will take over as title sponsor of the $1 million FanDuel Turf Sprint, a [...]

3 mins read

DraftKings partners NFL’s Baltimore Ravens

New York-listed DraftKings has been named as an official daily fantasy, sports betting and free-to-play partner of the NFL’s Baltimore Ravens.

The deal marks DraftKings’ first partnership in the state of Maryland and its fifth active strategic agreement with an NFL team.

“With the start of the 2021 NFL season upon us, [...]

2 mins read

FanDuel signs up as WTA’s first official gaming partner

Flutter Entertainment-owned FanDuel has been named as the first authorised gaming operator of the Women's Tennis Association (WTA).

The new relationship brings FanDuel’s sportsbook and daily fantasy sports products directly to WTA fans in North, South, and Central America, with the operator also gaining access to WTA trademarks and official scoring [...]

3 mins read

Britain’s online gambling yield falls to £496.1m in June

Britain’s online betting and gaming market declined for the second consecutive month as total gross gambling yield (GGY) fell by 7 per cent sequentially to £496.1m in June.

The latest data from the Gambling Commission reveals that total bets placed fell by 10 per cent month-on-month to 6.2bn, while total active [...]

1 min read
Bally's Corp

Strong Q2 for Bally’s Corporation as revenue hits record $267.7m

New York-listed casino and sportsbook operator Bally’s Corporation has seen revenue soar by 826 per cent to a record $267.7m in the second quarter of 2021.

The strong revenue growth was primarily due to a reduction in Covid-19 restrictions, with all casino properties operating at full capacity by the end of [...]

1 min read

DraftKings agrees $1.6bn deal to acquire Golden Nugget Online Gaming

New York-listed sports betting and fantasy sports operator DraftKings has entered into a definitive agreement to acquire US online casino operator Golden Nugget Online Gaming in an all-stock deal worth $1.56bn.

The acquisition will allow DraftKings to leverage Golden Nugget’s well-known brand, iGaming product experience and existing combined database of more [...]

5 mins read

Gaming shares struggle for growth in July

July proved to be a struggle for many of the leading publicly-listed gaming operators and suppliers as the combined value of the shares on the Gaming Intelligence Stock List fell by more than 4 per cent by the end of the month.

After a solid first quarter of the year, followed [...]

1 min read

Ontario releases draft standards for sport and event betting

Ontario has released draft regulatory standards for sport and event betting, with feedback on the proposed standards due by August 18.

The proposed standards apply to sportsbooks and betting exchanges and establish rules for the method of placing bets, bet settlement, consumer protection and sports integrity.

The standards also apply to fantasy [...]

1 min read

DraftKings named exclusive fantasy sports partner of Boston Red Sox

New York-listed DraftKings has been unveiled as the exclusive official daily fantasy sports provider of the Boston Red Sox.

The agreement comprises a variety of content integrations and brand exposure for DraftKings throughout the club’s historic Fenway Park, including field level home plate signage and LED branding along the first and [...]

2 mins read

FanDuel brings in Brian Borkowski to strengthen marketing team

Flutter Entertainment-owned betting and gaming operator FanDuel Group has named Brian Borkowski as its new senior vice president of marketing.

Borkowski brings more than 15 years of marketing experience to the role and joins FanDuel from streaming giant Hulu, where he served as vice president of media and acquisition.

Based in [...]

2 mins read

Pennsylvania gambling market grows to record $3.87bn in FY2020/21

Pennsylvania’s regulated betting and gaming market generated a record $3.87bn during the fiscal year ended 30 June, with iGaming and sports betting together contributing nearly a third of the total.

Total gaming revenue increased by 42 per cent compared to the previous fiscal year, which was significantly impacted by casino shutdowns [...]

1 min read
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