Monday, January 27, 2020

DraftKings merger leaves Kambi out in the cold

Fantasy sports company DraftKings has announced a three-way deal that will see the company become publicly listed next year and absorb gaming technology firm SBTech. The deal also leaves the Kambi Group, with which DraftKings had renewed its technology partnership in August, out in the cold.

Betchoice punished for offering gambling inducements

Australian wagering company Betchoice, trading as Unibet, has been convicted and reprimanded for offering illegal gambling inducements to NSW residents.  According to Liquor and Gaming...

Stars Group buys outstanding stake in BetEasy

Canada-based The Stars Group said it agreed to buy out minority shareholders in BetEasy, its Australian sports betting unit for AS$151 million ($103.2 million).

India sports minister calls sports betting immoral and illegal

India’s Sports Minister Kiren Rijiju has unequivocally stated his opposition to the legalization of sports betting, calling it immoral and illegal, local media reports.  When...

KRA hopes to introduce online racing betting

The Korea Racing Authority has launched efforts to introduce online horse racing betting in the country, in the hopes of limiting illegal online betting. According...

Suspicious betting cases drop 30% in Q3

The number of suspicious betting cases fell 30 percent in Q3 to 50, with the majority related to football and tennis.

Sportradar to sell media rights to Tokyo volleyball qualifier

Sportradar said it will sell the media rights for the upcoming CEV Tokyo Volleyball European Qualification 2020 on behalf of the European Volleyball Confederation (CEV).

Melco, MGM, Hard Rock to lead “internationalisation” of gaming brands

Melco, MGM and Hard Rock International will be the leaders in 2020 in a trend towards the internationalisation of gaming brands, Spectrum predicts.
Sportradar Optima

Sportradar buys Optima

Sportradar said it has bought Optima, a sports betting and gaming omni channel platform, to create a one-stop-shop technology and services business. 

Tasmania to introduce of one Australia’s highest POC taxes

Tasmania is set to become the sixth state in Australia to introduce a point-of-consumption tax, aimed at properly taxing wagering operators on their operations,...

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Melco bets on blockchain in innovation drive

Melco Resorts & Entertainment is increasingly bullish on the disruptive impact of blockchain technology on the casino floor, with projects already live and more in the pipeline.

PAGCOR, AMLC sign agreement for cooperation

The Philippines gaming regulator has signed a deal with the country’s anti-money laundering watchdog to tighten their cooperation in the fight against money laundering,...

Cambodia airlines to suffers from low Chinese inflow

Despite a rising number of passenger arrivals to Cambodia’s international airports, along with new flight routes and destinations, the country’s airline sector appears to...

SunCity purchase of Westside Resorts site to complete end March

SunCity Group Holdings has revealed that its payment of $200 million to secure the project site for Westside City Resorts World will be completed...

Macau’s CSR drive – with one eye on Beijing?

Macau’s operators have stepped up their corporate social responsibility (CSR) efforts in recent years, in particular when it comes to China cultural cooperation, which may help their case when it comes to concession renewal.