Posts From: April 2020

XFL files for bankruptcy due to coronavirus

Alpha Entertainment, the parent company behind the XFL, suspended operations on April 10 and the league wasn’t expected to return in 2021 due to the coronavirus pandemic. The XFL folded...

Business News
Extra big dividend from Paf to help society

Paf is providing a larger dividend of 40 million euros this year. The money will be used to alleviate the negative effects of the coronavirus. Paf’s customer segments for 2019...

Business News
Scientific Games to write down $100m, cut spending in Q2

New York-listed gaming supplier Scientific Games said Tuesday that it has a strong liquidity position and has already cut more than $100 million in quarterly costs. The company has drawn...

Business News
888 shares slide on pandemic fears and dividend cuts

888 Holdings has cut its dividend after its pre-tax profits halved to $45.3million. Revenue increased to a record $560.3million in 2019 from $529.9million. ‘The group has performed in line with...

Business News
BHA Board to review resumption plans this week

British racing’s leaders will next week review the plans for racing to resume in the light of the government lockdown restrictions introduced in March. Racing came to a halt on...

Business News
William Hill extends BetMakers partnership

BetMakers Technology Group has announced that Global Betting Services Pty a wholly owned subsidiary of the Company, has extended and upgraded its commercial agreement with leading global wagering operator William...

Business News
Digital marketing budgets rise as events sector remains on hold

iGaming brands are responding to CoronaVirus setbacks by diverting budgets from events to digital marketing, as seen by a number of agencies in the sector, suggests Jools Moore, director of...

Business News
Nektan Future uncertain as firm enters administration for second time

Nektan said it had called in administrators as it failed to secure new funding, shares in the AIM listed business have now been suspended. The gaming technology company said its...

Business News
Pin Projekt teams up with SBTech for 24/7 Live Betting on Lottery Service

Pin Projekt has secured a deal with the award-winning platform and technology provider SBTech, for the entire portfolio of their live betting games. As part of the agreement, SBTech will...

Business News
Australian online gambling market jumps 67%

According to news outlet the Sydney Morning Herald, Australians’ online gambling has increased 67 per cent during COVID-19. The figures by analytics consultancy AlphaBeta and credit firm Illion, based on...

Business News