Posts From: May 2020

Penn National strengthen balance sheet for the future through rights issue

Penn National Gaming announced that it has closed on its underwritten public offering of $300 million of common shares and $300 million aggregate principal amount of 2.75% Convertible Senior Notes...

Business News
£10m gambling education programme launched in the UK

The launch of a £10 million independent gambling education initiative will equip a generation of young people to better understand the risks associated with gambling and engage with gambling products...

Business News
Flutter Entertainment and GTG Network launch Skill Zone partnership

Technology and data provider GTG Network (GTG) is excited to announce it has reached agreement with Flutter Entertainment to launch its Skill Zone product. Skill Zone expands upon GTG’s free-to-play...

Business News
WPT set for record-breaking online series

The WorldPoker Tour and partypokerare on a record-setting pace through the first full week of the inaugural WPT Online Series. Through one week of play and 27 events, the WPT...

Business News
Danes gamble less during COVID-19

Since the lockdown of Denmark from 11 March 2020, all land-based casinos and gambling arcades have been closed. In addition, almost all sports tournaments have been put on hold or...

Business News
OZ Sports launches sports fan platform

OZ Sports and RVX, whose most recent work has been seen in various Hollywood blockbuster movies and TV series, are rolling out new technology and services for rights-holders of leagues...

Business News
32Red to cease online poker following Microgaming MPN closure 

Kindred Group operator 32Red is ceasing its online UK poker operations following the closure of Microgaming’s MPN network. In a statement 32red said ”We regret to announce that 32Red Poker...

Business News
Promising start for Zeal Network

The ZEAL Group has grown billings, achieved a strong gross margin, further reduced costs and successfully acquired new customers. In order to improve transparency, the Company reorganised its reporting segments:...

Business News
DraftKings stock skyrockets after investment disclosure

DraftKings shares were trading higher on Tuesday, after Bloomberg reported “George Soros wagers on sports betting with DraftKings stake.” According to the report, Soros has a $66 million stake in DraftKings....

Business News
BGC welcomes decision to extend the Government’s furlough scheme

Standards body the Betting and Gaming Council (BGC), which represents the UK’s betting and gaming industry including betting shops, bingo halls and casinos, has welcomed the Chancellor’s decision to extend...

Business News