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DraftKings

DraftKings raises 2021 guidance after Q4 revenue soars

New York-listed sports betting and fantasy sports operator DraftKings has reported a 90 per cent increase in revenue to $614.5m in 2020, with over half of the total generated during the final quarter of the year.

Revenue in Q4 2020 soared by 146 per cent year-on-year to $322m as major US [...]

1 min read
Entain

Entain makes final, increased offer to acquire Enlabs

Entain has increased its offer price to acquire Enlabs by 32.5 per cent, with the increased price marking the company’s final offer for the Stockholm-listed online gaming operator.

The increased offer of SEK53 per share announced Monday represents an 88.5 per cent premium on Enlabs’ volume-weighted average share price in the [...]

2 mins read
Sportradar

Sportradar secures official data partnership with Australia’s NBL1

Sportradar has signed a long-term data and audio-visual partnership with Australia’s semi-elite basketball league, NBL1.

The deal covers all national NBL1 Conferences for both men’s and women’s competitions, as well as the Victoria-based State Championship.

Sportradar has secured the official data and audio-visual rights to over 1,500 games annually, which the company [...]

2 mins read
Caesars Entertainment

Caesars Entertainment slides to $1.8bn loss in 2020

New York-listed casino operator Caesars Entertainment has reported a 37.5 per cent fall in same-store net revenue to $1.6bn for the final quarter of 2020.

After combining results of operations from properties that have been divested or classified as discontinued, revenue from the company’s Las Vegas segment fell by 55 per [...]

1 min read

Colorado sports wagers hit record $326.9m in January

Colorado’s licensed sports betting operators have posted a strong start to 2021 as total wagers from online and retail operations hit a record $326.9m in January.

Wagers were up 15 per cent compared to the previous month’s $284.6m, with the state’s 17 online operators generating wagers of $319.4m, and Colorado’s 12 [...]

1 min read
DraftKings

DraftKings names baseball legend Cal Ripken Jr as special advisor

New York-listed sports betting and fantasy sports operator DraftKings has named baseball legend and entrepreneur Cal Ripken Jr as a special advisor to the company’s board.

Ripken, who played 21 seasons for the Baltimore Orioles, will lend strategic insights to the board and CEO Jason Robins on key company initiatives and [...]

3 mins read

Genius Sports signs data and integrity deal with Malaysian Football League

Genius Sports Group has agreed a long-term official data and integrity partnership with the Malaysian Football League (MFL).

Genius will power the MFL’s first live data collection and distribution platform, helping to provide new levels of insight to Malaysian football fans across an automated social media publisher service, live widgets and [...]

2 mins read
Betsson

Betsson secures naming rights to Liga 1 in Peru

Online gaming and betting operator Betsson has secured the naming rights to Peru’s top tier of professional football, which will now be known as Liga 1 Betsson.

This marks the Peruvian Premier League's first naming rights deal in 20 years and coincides with the 105th season, which is scheduled to begin [...]

2 mins read
Scout Gaming Group

Scout Gaming widens loss despite solid revenue growth

Stockholm-listed gaming supplier Scout Gaming Group grew fourth quarter revenue to SEK16.9m in 2020, an increase of 69 per cent year-on-year, helping to drive an 86 per cent increase in full year revenue to SEK46.9m.

The revenue growth was driven by a mix of new clients and increased activity with existing [...]

1 min read

Switzerland adds new domains to iGaming blacklist

Switzerland’s gambling regulator has updated its blacklist of illegal gambling operators with the addition of 57 new domains.

Among the new additions to the blacklist of sites targeting Swiss players without a local licence are babibet.com, bondibet.com, captainjackcasino.com, casinonic.com, fezbet.com, mrjamescasino.com, rabona.com, riobet.com and slothunter.com.

Additional domains have also been added for [...]

1 min read

Texas sports betting bill introduced

Texas State Representative Dan Huberty has introduced legislation to legalise and regulate sports betting.

The proposal would allow in-person and online sports betting under the supervision of the Texas Department of Licensing and Regulation, with interactive operator licenses available to US-based sports teams or their designees, Class 1 racetracks or Greyhound [...]

1 min read

Carousel Group partners Caesars Entertainment to enter three US states

Malta-based Carousel Group has entered into a multi-state market access agreement with Caesars Entertainment to launch its SportsBetting.com brand in the United States.

The ten-year partnership will allow Carousel to launch its online sportsbook in New Jersey, Indiana and Iowa, as well as an online casino offering in New Jersey, subject [...]

2 mins read
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