IGT’s Strategic Move: Sale of Italian B2C Business to Apollo Global
The definitive agreement includes the sale of Lottomatica Videolot Rete and Lottomatica Scommesse by IGT. The total payment of €725m will be made upon closing the deal. Additional payments of…
Lowest Danish gambling expenditure in the Nordic region, according to Spillemyndigheden
According to data from H2 Gambling Capital in 2019, Finland had the highest average gambling spend per adult per year among the countries listed. Despite being the only legal operator,…
Playtech’s Strategic Move: Proposing Tax Residency Relocation to the UK
Playtech, a leading gaming software company, is currently based in the Isle of Man. However, the board has proposed relocating to the mainland UK in early 2021, citing various advantages…
Tab NZ and Tabcorp sign extended agreement for sports-betting broadcast and wagering
The multi-year deal between Tabcorp and Tab NZ guarantees the ongoing broadcast of New Zealand racing into Australia through the Tabcorp-owned Sky Racing network. Additionally, it ensures that Australian racing…
China lottery sales hit record low in October
Sports Lottery sales in China reached CNY18.43bn, the lowest since June but still a 24.0% increase from last year. Numbers games were the primary contributor, generating CNY8.86bn in sales, a…
October Sees Colorado’s Sports Betting GGR Soar to All-Time High of $17.4 Million
Gross gaming revenue in October reached a new monthly record for the state, totaling $17.4 million. This represents a significant increase of 314.2% compared to the $4.2 million reported in…
BetMakers announces strategic acquisition of Sportech’s Global Tote business
The Global Tote business offers pari-mutuel technology and services to horse race betting operators worldwide. It includes the Americas Tote business, which provides betting solutions, hardware, and operational services to…
DraftKings Announces Strategic Partnership with NBA’s Pistons for Marketing-Affiliate Campaigns
DraftKings has recently announced a strategic partnership with the Detroit Pistons, aiming to boost their marketing efforts. This collaboration opens up new opportunities for marketing-affiliates to tap into the fanbase…
Legal Compliance Investigation Initiated by Swedish Government in Response to Illegal Gambling Act
Gunnar Larsson, director general of the Swedish Chamber of Commerce, has been appointed to lead an inquiry focused on enhancing legal compliance in the gambling industry. The inquiry aims to…
Sportsbet partners with RMG and SIS for British and Irish racing betting
The agreement between Sportsbet, RMG, and SIS will allow Sportsbet to broadcast and accept bets on British and Irish racing events. In addition, Sportsbet's digital platforms will stream thoroughbred racing,…
