Gambling Clear News
Caesars Entertainment said growth within its digital division pushed revenue up 6.5% year-on-year in 2023, while the group is seeking to build on this success by acquiring WynnBet’s Michigan igaming business. The 12 months to 31 December 2023 proved to be a solid year for Caesars. Revenue was higher across all divisions, with group revenue
French lottery and gaming giant La Française des Jeux (FDJ) has published the public tender offer document for its proposed acquisition of Kindred Group. Revealed today (19 February), the document follows the offer FDJ put forward last month, valuing Kindred at SEK27.96bn (£2.12bn/€2.49bn/$2.68bn). FDJ has offered SEK130 in cash for each Swedish Depository Receipt (SDR) in
Games Global has completed its acquisition of the B2B assets of Digital Gaming Corporation (DGC B2B) from Super Group. Supplier Games Global agreed to acquire the assets from Super Group exactly one year ago today (7 February). Financial terms of the deal are not public. Games Global says the purchase marks a significant milestone for the
During ICE Vox today, (5 February) Bill Miller, president and CEO of the American Gaming Association (AGA), said it believes the American model of gaming showcased worldwide is a “successful long-term endeavour”. The comment was made at the ECA Opening: Global Associations panel at the International Casino Conference. The panel was moderated by Tom Nieman
DraftKings has partnered with professional basketball player LeBron James, in a deal that will see James become a talent ambassador for the operator. Announced today (31 January), the deal will see LeBron share insights on football, as well as a number of select events. Jason Robins, CEO of DraftKings said that partnering with LeBron was
Flutter Entertainment has today (29 January) commenced trading on the New York Stock Exchange (NYSE) in the US, with its shares launching at 2.30pm GMT. Ordinary shares in Flutter are now trading under the ticker symbol FLUT on the NYSE. Launching on the NYSE signals the end of Flutter’s secondary listing on Euronext Dublin. Last
Intralot has announced a two-year extension to its games operator contract with La Marocaine Des Jeux et des Sports (MDJS). The fresh deal is set to run out in December 2025. The agreement will see Intralot continue to operate MDJS’s lottery, while also offering sports betting and other games of chance. Intralot has had a
Danske Spil-owned Danske Licens Spil has agreed to sell its 60% ownership stake in the Swush fantasy sports platform to Danish tabloid newspaper Ekstra Bladet. Should the agreement be approved as expected at the Danske Spil general meeting, Ekstra Bladet will take ownership of Swush on 31 January. Dankse Spil and Ekstra Bladet agreed not
Jette Nygaard-Andersen has issued a public statement following her exit as CEO of Entain last month, praising the business for its transformation into a responsible operator. Nygaard-Andersen resigned as CEO in December. She led Entain since January 2021, replacing Shay Segev after he left to join sports streaming platform Dazn. Stella David, currently a non-executive director, is now serving CEO on
Lottery technology broker Lottery.com has secured an $18.0m (£14.2m/€16.4m) investment commitment from financial group Prosperity Investment Management. Lottery.com said it will use the funds to “accelerate” its strategic acquisition plans. It also said the Prosperity investment will support market development initiatives for both its Lottery.com and Sports.com brands. Prosperity will fund Lottery.com through an investment
