West Virginia’s licensed sports betting and iGaming operators collected total wagers of $172.2m in July.
In a strong start to the state’s new financial year, iGaming represented the bulk of the total, with sports betting contributing $21.2m in wagers, of which $15.6m was derived online.
West Virginia Sports Betting and iGaming Wagers: [...]
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 [...]
Sports betting will soon be available to players in Florida after the U.S. Department of the Interior allowed the state’s compact with the Seminole Tribe to pass.
The U.S. Department of the Interior had 45 days in which to approve or disapprove the Class III gaming compact agreed between the Seminole [...]
Holland Casino is preparing for the opening of the regulated Netherlands iGaming market by agreeing a sponsorship deal with the top two tiers of professional football in the country.
The state-owned casino operator will serve as the responsible betting partner of the Eredivisie and Keuken Kampioen Divisie, enabling the company to [...]
New York-listed sports betting and fantasy sports operator DraftKings has posted a net loss of $305.5m for the second quarter of 2021, despite seeing revenue soar by 320 per cent compared to a year ago.
Q2 revenue grew to $298m, buoyed by a 281 per cent increase in monthly active payers [...]
Illinois’ regulated sports betting market saw the total amount wagered fall for the third consecutive month to $476.5m in June.
Wagers at the state’s nine operational sportsbooks declined by 6 per cent compared to the previous month, with online wagers accounting for $451.7m and retail contributing $24.8m.
The bulk of the monthly [...]
New York-listed racing and gaming operator Penn National Gaming returned to profit during the second quarter of 2021 as revenue increased to $1.55bn, buoyed by improved visitation numbers as Covid-19 restrictions eased.
Revenue soared by 406 per cent compared to the company’s Covid-impacted results in 2020, and was 19 per cent [...]
London-listed betting technology supplier Sportech plans to return up to £35.5m to shareholders through a proposed tender offer and capital reduction.
The company aims to buy back a maximum of approximately 88.75m shares, representing 47.02 per cent of its issued share capital, at a tender price of £0.40 per share.
This compares [...]
Stockholm-listed iGaming solutions provider Aspire Global has agreed a deal to power a new online casino and sportsbook brand for JNS Gaming.
Aspire will provide its entire proprietary offering to launch JNS’ new brand later this year, including platform, sportsbook, games, game aggregator and managed services.
“This is yet another partnership which [...]
Online casino operator Casumo has agreed a one-year extension to its partnership with EFL Championship football club Reading FC.
Following the conclusion of its two-year shirt sponsorship agreement with the club, Casumo will continue to be a key club partner in 2021-22, with its brand to be displayed on the sleeves [...]
New York-listed Penn National Gaming has entered into an agreement to acquire digital media and mobile sportsbook operator Score Media and Gaming for US$2bn in cash and stock.
theScore shareholders will receive $17 in cash and 0.2398 shares of Penn National common stock for each share, implying a total purchase consideration [...]
New York-listed Genius Sports has secured a new multi-year sports data supplier agreement with leading US sports betting operator DraftKings.
DraftKings will gain access to Genius Sports’ full portfolio of global sports data and content from over 170,000 events per year, including a complete suite of NFL-related products.
The collaboration will allow [...]