Interactive Gaming

Wazdan has undertaken a major shuffle in its executive team, with a number of high-profile hires and promotions adding a wealth of experience to the provider’s workforce.

500.com closed its previously announced private placement transaction with Good Luck Information Technology and has received 356.04342 Bitcoins and US$11.5 million in cash. The company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.

Dream Sports, owner of online fantasy sports brand Dream 11 is in talk with investors for a fresh round of funding that will bring the valuation of the company to around $4 billion.

Philippine Offshore Gaming Operators (POGOs) have been given one month to register for the electronic reporting system of the Anti Money Laundering Council (AMLC). 

Shares in MGM Resorts rose almost 4 percent on Friday after investors applauded the casino operator’s latest foray into the online sphere.

BetMGM and Topgolf Entertainment Group announced today a new partnership centered around an integrated sports betting and entertainment experience. The two companies will collaborate on marketing and promotional offers through the BetMGM platform at select Topgolf venues and within WGT by Topgolf.

Pragmatic Play announced the launch of Joker King, its latest in a series of harlequin-themed titles.

The Kerala High Court has directed the state government to make a decision on whether online gambling and betting needs to be included in the state’s gaming statute, the Kerala Gaming Act, 1960.

China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.

Chinese lottery company 500.com said it agreed to buy bitcoin mining company BTC.com in a all-stock transaction.