Posts From: June 2023

Sports betting platform Rithmm raises $2M

Rithmm, a Boston, MA-based AI-driven sports betting technology startup, raised $2M in Seed funding. The round was led by Boston Seed Capital, Counterview Capital, Oyster Ventures, Correlation Ventures, Service Provider...

Finance News
New York mobile sports betting rises 8% in May

New York has now passed the $1 billion mark in tax revenue for all time. Only two other states, New Jersey and Nevada, have reached that amount in taxes from sports betting, though not all of it...

Finance News
IGT looks to sell off its Global Gaming and PlayDigital businesses

International Game Technology announced today that its Board of Directors is evaluating potential strategic alternatives for IGT’s Global Gaming and PlayDigital segments in order to unlock the full value of...

Finance News
Britain’s online gambling yield jumps 5% to £1.3 billion

The UK Gambling Commission has published further data showing how gambling behaviour is reacting to current environmental factors in Great Britain.  This data, sourced from operators, reflects the period between...

Finance News
Entain sees TAB NZ partnership delivering additional earnings of £20m

Entain is pleased to provide further detail on both its strategic partnership with TAB New Zealand and its recent acquisition of 365scores.   Presentations from the members of Entain’s senior...

Finance News
Virginia sports betting handle tops $426 million  

Virginians wagered $425.98 million in April, up 6.6% from the year prior, according to data released June 1 by the Virginia Lottery. About $422 million in sports betting revenue came...

Finance News
Investor group including Kenny Alexander takes punt on 888

888 Holdings surged on Wednesday after it emerged that investor group FS Gaming Investments has built up a 6.6% stake in the company. The stake was disclosed in a filing after...

Finance News
XLMedia completes disposal of personal finance assets

XLMedia a leading global digital media company, today announces that it has sold the domain and website, MoneyUnder30, for $675,000. This now completes the disposal of the Group’s entire Personal Finance...

Finance News
MyRacehorse raises $7 million in funding round

MyRacehorse, today announced a $7 million funding round. The funding round is comprised of several investors led by 1/ST, North America’s dominant Thoroughbred racing and gaming company, through its 1/ST...

Finance News
Unleash the Power of Player’s Data in iGaming

For iGaming operators, success depends on understanding and adapting to their players’ preferences. This requires constant data accumulation and analysis and a willingness to adapt and evolve as player preferences...

Finance News