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Scout Gaming Group

Scout Gaming widens net loss despite Q1 revenue gains

Stockholm-listed fantasy sports provider Scout Gaming has reported a 54 per cent increase in revenue to SEK13.4m in the first quarter of 2021, marking the company’s seventh consecutive quarter of sequential growth.

The year-on-year revenue growth was driven by additional launches and higher activity within its current client base compared to [...]

1 min read
FanDuel sportsbook

Matt King to step down as CEO of FanDuel

FanDuel Group chief executive Matt King will leave the business once a suitable successor is identified.

He has served as CEO of the sports betting and daily fantasy sports operator since his return to the company in 2017, having previously served as its chief financial officer between 2014 and 2016.

FanDuel parent [...]

3 mins read

British gross gambling yield rises in March as active players climb 17%

Britain's Gambling Commission has released new data showing the impact of Covid-19 restrictions on online gambling behaviour in March 2021, with gross gambling yield (GGY) climbing 4 per cent compared to the previous month.

With all land-based premises closed since December, data from operators covering approximately 80 per cent of the [...]

1 min read

Flutter Entertainment benefits from strong online growth in Q1

Betting and gaming operator Flutter Entertainment grew first quarter revenue by 32 per cent to £1,485m, despite the covid-related closure of its European retail estate.

Sports betting revenue in the first quarter of 2021 amounted to £896m, an increase of 43 per cent year-on-year, while Gaming revenue improved by 18 per [...]

1 min read

DraftKings seals new sports content deal with Meadowlark Media

New York-listed sports betting and fantasy sports operator DraftKings has broadened its sports entertainment footprint through a new distribution and content deal with Meadowlark Media.

The monetization and sponsorship agreement will see Meadowlark and DraftKings distribute The Dan Le Batard Show with Stugotz and Le Batard & Friends Network across a [...]

1 min read

Florida gaming compact clears the way for online sports betting

Florida expects to generate as much as $6.0bn from gaming over the next decade through a new compact with the Seminole Tribe of Florida.

The compact is valid for a 30-year term and gives the Seminole Tribe the right to operate slot machines, table games, sports betting, fantasy sports, raffles and [...]

1 min read

Gisele Bündchen joins DraftKings as special advisor for ESG initiatives

New York-listed sports betting and fantasy sports operator DraftKings has named environmental activist Gisele Bündchen as a special advisor for environmental, social, and governance (ESG) initiatives.

As outlined in its recently released inaugural ESG report, DraftKings is committed to fighting global sustainable development challenges, including climate change, in alignment with [...]

3 mins read

PointsBet signs exclusive sponsorship of Colorado golf tournament

Sportsbook operator PointsBet has been named as the exclusive sponsor of PGA Golf’s TPC Colorado Championship at Heron Lakes.

The multi-year agreement sees PointsBet serve as an official sports betting partner of the annual tournament, which takes place between July 5-11 and features the PGA Tour's next stars who currently compete [...]

3 mins read

DraftKings enters MMA with Professional Fighters League

DraftKings has been named as the first official sportsbook and daily fantasy sports partner of the Professional Fighters League (PFL).

The multi-year partnership will see DraftKings leverage PFL’s proprietary SmartCage technology to deliver unique prop bets and innovative season-driven gaming opportunities to fans of the American mixed martial arts (MMA) league.

PFL [...]

3 mins read

Pennsylvania tops $1bn in betting and gaming revenue in Q1 2021

Pennsylvania’s regulated betting and gaming market generated total revenue of more than $400m for the first time in March 2021.

Buoyed by the continued strong performance of licensed iGaming and sports betting operators, total revenue climbed by 162 per cent versus a year ago to $403.1m, with the comparable period last [...]

1 min read

DraftKings enters Arizona under expanded PGA Tour partnership

New York-listed DraftKings has expanded its partnership with the PGA Tour to gain market access to Arizona for retail and mobile sports betting.

The agreement follows the Arizona Legislature’s recent passage of HB2772, which would authorize fantasy sports and sports betting in the state, pending action from Governor Doug Ducey.

The expanded [...]

1 min read

theScore out on top as gaming shares climb in Q1 2021

It was a solid first quarter of the year for industry stakeholders as the combined value of shares in the leading operators and suppliers increased by 9 per cent during Q1 2021.

Among the 50 publicly-listed operators and suppliers which make up the Gaming Intelligence stock list, 39 saw the value [...]

1 min read
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