New York-listed betting and gaming operator DraftKings has reported a 60 per cent increase in revenue to $212.8m for the third quarter of 2021, although significantly higher expenses pushed the company to a loss of $545.0m for the period.
The year-on-year revenue growth was driven by a 31 per cent increase [...]
Sports betting and iGaming operator BetMGM has opened its first retail sportsbook in Arizona through its partnership with Gila River Hotels & Casinos.
The BetMGM Sportsbook at Vee Quiva is the first in-casino sportsbook in Phoenix and follows the launch of BetMGM's online sports betting offering in the state in September.
BetMGM [...]
Seminole Gaming chief executive Jim Allen has been elected as the next chairman of the American Gaming Association (AGA).
Allen, who also serves as chairman of Hard Rock International, will take over as chair of the AGA in January, succeeding Aristocrat Technologies chief executive Trevor Croker, who has held the role [...]
London-listed gaming supplier Playtech could find itself in the middle of another bidding war after confirming that it has received a preliminary approach from shareholder Gopher Investments.
Playtech was approached by Gopher in late October regarding a possible offer for the company, less than one week after Playtech announced a £2.7bn [...]
Penn National Gaming has reported a 34 per cent increase in revenue to $1.51bn in the third quarter of 2021, although income for the period fell significantly versus the same period a year ago.
The Northeast segment saw revenue increase by 23 per cent year-on-year to $672.4m, with revenue from the [...]
The National Basketball Association (NBA) has signed multiyear partnerships with leading US sports betting operators DraftKings and FanDuel.
DraftKings will serve as the presenting partner of NBABet Stream, while FanDuel will be the presenting partner of the weekly NBABet show on NBA TV, with the two operators designated as co-official sports [...]
Sports data provider Sportradar is entering the Connecticut gaming market after securing license approval in the state.
The company's US betting subsidiary, Sportradar Solutions, has been awarded an Online Gaming Provider license in Connecticut, where regulated sports betting and iGaming launched in October.
Sportradar now holds 20 licenses at state and tribal level [...]
New York-listed gaming operator Bally’s Corporation has recorded strong growth for the third quarter of 2021 as revenue soared 170 per cent to $314.8m.
Excluding results from newly acquired Gamesys Group, which was consolidated from 1 October, Retail Casino revenue rose to a record $301.6m during the quarter, with Bally’s new [...]
Stockholm-listed gaming operator and supplier Aspire Global has reported a 46 per cent increase in revenue to €58.6m in the third quarter of 2021, benefiting from a record performance from its soon-to-be divested B2C segment.
Excluding the B2C segment, revenue increased by 40 per cent year-on-year to €38.7m, comprising a 22 [...]
New York-listed casino and sportsbook operator MGM Resorts International has reported strong growth for the third quarter of 2021 as total revenue increased by 140 per cent to $2.71bn.
The company benefited from the removal of mandated operational and capacity restrictions as well as an increase in travel, with the prior [...]
Sports-focused live TV streaming platform fuboTV has gone live with its first sportsbook in the United States.
Fubo Sportsbook is now officially live in Iowa through a partnership with Casino Queen, allowing the operator to offer online wagering to players in the state.
Fubo Sportsbook combines live TV streaming from its parent [...]
Wynn Resorts’ online betting and iGaming brand WynnBET will operate in West Virginia through a partnership with Delaware North.
The market access deal allows WynnBet to offer an online sportsbook and casino to players in West Virginia, which represents the 18th US jurisdiction in which WynnBET has secured market access.
Hospitality and [...]