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Wynn Resorts posts $2.1bn loss following 2020 revenue slump

New York-listed casino operator Wynn Resorts has reported a 58.5 per cent drop in operating revenue to $686.0m for the fourth quarter of 2020, with the development of its WynnBET online casino and sports betting offering beginning to aid its recovery from the COVID-19 pandemic.

Revenue declined across the company’s US [...]

1 min read

Betfred agrees title sponsorship of rugby league’s Challenge Cup

British bookmaker Betfred has secured a one-year deal to serve as the title sponsor of rugby league’s Challenge Cup.

The agreement adds to the bookmaker's long-running partnership with the Super League and also includes sponsorship of the Women’s Challenge Cup, as well as the Wheelchair Rugby League Challenge Cup.

All three Challenge [...]

4 mins read
Football

Holland Casino cleared to sign multimillion euro betting partnership

Dutch state-owned gaming operator Holland Casino has secured government approval to enter into a strategic partnership with broadcaster FOX and the top two divisions of professional football in the Netherlands.

The sponsorship deal has been agreed ahead of the opening of the country’s regulated online betting and gaming market later this [...]

1 min read
Sportech

Sportech focuses on sports betting opportunities in Connecticut

London-listed Sportech is projected to generate net cash of £36.1m from the sale of some of its businesses and assets, as the company looks to generate tangible investor returns and expand its Connecticut Venues sports betting business.

Sportech said in a trading update Friday that it continued to drive operational efficiencies [...]

1 min read

BtoBet appoints MD and new chief operating officer

Aspire Global-owned sportsbook supplier BtoBet has bolstered its senior management team with the appointment of Zoran Spasov as managing director and Dima Reiderman as chief operating officer.

Spasov has served as interim managing director since December 2019.

“I am very excited about the multitude of opportunities that lie ahead for BtoBet,” said [...]

2 mins read
Penn National Gaming

Penn National Gaming sees Interactive revenue soar in Q4

New York-listed Penn National Gaming has reported a 23 per cent fall in revenue to $1.03bn for the final quarter of 2020, as COVID-19 related restrictions on retail operations offset strong growth from its Penn Interactive division.

The company said that Q4 revenue was trending ahead of forecast before COVID-19 related [...]

1 min read

Genius Sports partners new Superstar Racing Experience series

Genius Sports Group has secured an exclusive data partnership with upcoming US-based stock car racing series Superstar Racing Experience (SRX).

Founded by NASCAR Hall of Famers Ray Evernham and Tony Stewart, SRX is expected to launch its inaugural season in June, with six races scheduled for broadcast on CBS.

The races are [...]

2 mins read

DraftKings and NFL expand fantasy sports partnership to Canada

New York-listed DraftKings has expanded its exclusive daily fantasy sports partnership with the National Football League (NFL) to Canada.

With the Canadian federal government weighing up moves to regulate single-event sports betting, the expanded deal further deepens the relationship between the two organizations in Canada as the NFL season approaches its [...]

2 mins read
Sportradar

Sportradar to provide integrity services to America East Conference

Sportradar has agreed a new partnership to provide its integrity services to the America East Conference, a collegiate athletic conference affiliated with the NCAA Division I.

The agreement will see Sportradar Integrity Services implement an integrity program aimed at educating America East student-athletes, drawing on Sportradar’s experience in combating match-fixing around [...]

3 mins read

Betfair approved to go online in Colombia

Flutter Entertainment’s Betfair brand has been granted licence approval to launch its online sports betting and gaming site in Colombia.

Colombian gambling regulator Coljuegos has issued a five-year licence to Betfair, allowing the operator to go live with its betfair.com.co site featuring a range of sports bets and casino games such [...]

1 min read

Kansas lawmakers introduce second sports betting bill

House lawmakers in Kansas have introduced legislation to regulate sports betting, although under a different structure and tax rate than the bill introduced last week in the Senate.

Both bills were introduced by the respective Federal and State Affairs Committees, with the House proposal introduced Tuesday increasing the proposed tax rates [...]

1 min read
BetMGM

BetMGM seals first official sports betting partnership with NASCAR team

US sports betting operator BetMGM has been designated as an official sports betting operator of iconic NASCAR team Richard Childress Racing (RCR).

Marking the first partnership between a NASCAR team and sports betting operator, BetMGM will collaborate with RCR on a variety of marketing and activation assets, including primary sponsorship of [...]

2 mins read
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