Posts From: August 2020

GAN Launches PlayLive! in Pennsylvania for Cordish Gaming Group

GAN has launched the new “PlayLive!” branded online gambling business in the Commonwealth of Pennsylvania for Cordish Gaming Group the gaming division of The Cordish Companies. GAN successfully deployed the...

Business News
Casumo announces acquisition of CasinoSecret

Casumo has announced its first acquisition as it inks a deal to purchase CasinoSecret, the fast-growing online casino with a distinct retention model and unique market expertise, which complements the...

Business News
STS strengthens its position in the polish market

The Ministry of Finance has published data on tax revenues for the first half of 2020. The part of the sports betting industry which operates legally has paid PLN 343.4...

Business News
DraftKings posts wider-than-expected loss as revenue rises

DraftKings posted a steeper-than-expected loss for the recent quarter, and shares fell 7%, though it said users have started betting again as sporting events began to resume. The online-betting company...

Business News
GrooveGaming enters supply deal with RubyPlay

Aggregator GrooveGaming has announced a new partnership with RubyPlay that further expands the available content on the technology platform. GrooveGaming has made it easy for the industry to connect to...

Business News
U.S. online gaming revenue rises 254%

U.S. commercial gaming revenue for the second quarter of 2020 totaled $2.30 billion, a steep 78.8 percent year-over-year contraction, according to the American Gaming Association’s (AGA) new Commercial Gaming Revenue Tracker....

Business News
GVC scraps dividend as it turns to online for growth

Months of lockdown hit revenue and profits at GVC, a surge in online gambling failed to offset the loss of business from its closed bookmaking stores. GVC said on Thursday that...

Business News
Svenska Spel closes Casino Cosmopol

Svenska Spel has decided to close down Casino Cosmopol in Sundsvall, 68 employees are affected by the decision. It is a sad message to have to give to our talented...

Business News
BGC welcomes “belated” reopening of casinos in England

The BGC welcomes “belated” reopening of casinos in England, urges Scotland and Wales to quickly follow suit but warns sector is “not yet out of the woods” The news that...

Business News
BetMGM launch online casino tournament

BetMGM have launched the first online casino tournament to be hosted across the gaming giant’s three major New Jersey casino gaming brands, BetMGM Casino NJ, Borgata Online Casino and PartyCasino....

Business News