Posts From: September 2020

Penn National Gaming raises $982.1m

Penn National Gaming has closed on its underwritten public offering of 16,100,000 shares of its common stock, $0.01 par value per share. The Offering includes 14,000,000 shares of its common...

Business News
PointsBet Launches Retail Sportsbook At Hawthorne Race Course

Hawthorne Race Course and PointsBet have partnered together to open Illinois’ newest retail sportsbook and the closest in-person sports betting destination to downtown Chicago.  PointsBet, a premium global sportsbook operator, debuted its mobile app and...

Sports Betting
Operators to monitor high-spending ‘VIP’ customers under strict new rules

The UK Gambling Commission has announced strict new guidance for operators in order to clean up the malpractice of so-called VIP schemes stating that if the guidance is followed there...

Business News
Skrill expands digital wallet scope with Betfred deal

Paysafe announced a new partnership for its Skrill digital wallet with Betfred USA Sports, the wholly-owned U.S. subsidiary of U.K.-based bookmaker Betfred Group. Building on Skrill’s long-standing payments support for...

Payments
TG Lab awarded MGA licence

TG Lab has been granted its Critical Gaming Supply Licence by the Malta Gaming Authority (MGA). This B2B licence provides the business with the opportunity to strengthen its position as...

Business News
William Hill backs Caesars £2.9 billion takeover bid

William Hill said on Wednesday it had agreed to be acquired by Caesars Entertainment. The recommended cash acquisition pursuant to which Caesars will acquire the entire issued and to be...

Business News
Parimatch named official partner of LaLiga CIS region

Parimatch has signed a two-year agreement with LaLiga, which will see it become the league’s Official Betting Partner in the Commonwealth of Independent States (CIS).  Parimatch will be LaLiga’s official...

Marketing
Scientific Games named as Hard Rock’s sports betting and iGaming provider

Scientific Games was selected by long-term partner Hard Rock International to deliver its OpenSports™ and OpenGamingTM solutions across regulated markets in the U.S. Initially, Scientific Games will deploy its OpenSports digital and retail solutions for...

Business News
Philip Freedman appointed Chair of Retraining of Racehorses

The British Horseracing Authority and Retraining of Racehorses have confirmed that Philip Freedman will succeed Paul Roy as the new Chair of the charity. Philip Freedman is a lifelong owner...

People News
GiG and Hard Rock end U.S. sportsbook partnership

GiG & HardRock International have agreed to a mutual termination agreement of platform and sportsbook services. Hard Rock represented less than 2% of GiG’s revenues in the last 12 months,...

Sports Betting