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.
Australia-listed PointsBet Holdings announced that Kosha Gada has been nominated as an independent non-executive director, effective May 3, 2021.
Russia-based League of Stakes, a bookmaker, has announced that it is ready to accept sports bets from foreigners.
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.
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.
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 were identified as the top three bookmakers in Russia as of January, as judged by the number of visitors to their websites.