Friday, April 16, 2021
tabcorp

Tabcorp halts CEO search, announces strategic review

Tabcorp says it’s taking time to carry out a strategic review of its businesses to extract more value for shareholders after receiving unsolicited bids for its wagering and media business, which it says were too low.

Bookmaker Bet365 sets up shop in Russia

Bookmaker Bet365 has started operations in Russia, with its office managed by Golden Bet LLC. The company is part of the self-regulatory organization the "Association of Bookmakers."

Goa Football Association detects fixed matches

The Goa Football Association has informed its executive committee and the member football clubs that there are indications that some matches are being fixed.

PointsBet adds an independent non-executive director

Australia-listed PointsBet Holdings announced that Kosha Gada has been nominated as an independent non-executive director, effective May 3, 2021.

Russian bookmaker ready to accept bets from foreign punters

Russia-based League of Stakes, a bookmaker, has announced that it is ready to accept sports bets from foreigners.

PointsBet acquires Ireland-based Banach Technology

Australia-based PointsBet Holdings has announced that its wholly-owned Irish subsidiary Lockspell Limited has entered into a binding share purchase agreement to acquire Ireland-based Banach Technology, with its eye on the in-play sports wagering market in the United States.

Dream11 and NZ Cricket extend partnership to 2026

The partnership between New Zealand Cricket and fantasy sports platform Dream11 will extend until 2026 after the two organizations reached a new agreement.

Mohegan reaches online gambling deal in Connecticut

Connecticut Governor Ned Lamont and the Mohegan Tribe have agreed to establish online gambling and sports betting in the US state that for the first time allows nontribal gambling operators to compete for bettors, but the deal will face legal challenges.

Fonbet becomes partner with football club Paris Saint-Germain

Russia-based bookmaker Fonbet has reached a partnership deal with Paris Saint-Germain, a French football club. The Fonbet logo will appear at Paris Saint-Germain home matches.

Fonbet, Vinline, and Betcity now top Russian bookmakers

Fonbet, Vinline, and Betcity were identified as the top three bookmakers in Russia as of January, as judged by the number of visitors to their websites.

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BF Games to offer content on Digitain platform

BF Games has partnered with platform provider Digitain in a deal that will see its entire games portfolio available to the supplier’s global operator network.
Macau, tourism, stimulus package

Gaming focus, China policies constrain Macau credit rating

Macau's narrow economic base and its high concentration of tourists from China restrain the city's credit rating and have contributed to historically high levels of gross domestic product volatility, Fitch Ratings says.

Macau Q1 gaming tax revenue drops by half

Macau's tax revenue take from its gambling industry fell by 50 percent in Q1 to MOP9.1 billion ($1.14 billion), according to the Financial Services Bureau.

LVS launches ad blitz to push for casinos in Texas

Las Vegas Sands has launched a multi-million dollar advertising campaign in an effort to convince lawmakers to legalise casinos in Texas.