Gambling Clear News
Better Collective has acquired American sports media company Playmaker HQ for $54m (£42.6m/€49.5m). The sale will consist of $15.0m in cash upfront, $1.0m in deferred payments and up to $38.0m in performance-based earnout payments over a three-year period. To reach the full earn-out payments, Playmaker HQ will have to generate more than $75.0m in accumulating
In a landmark ruling, the DC Circuit Court of Appeals have reversed a lower court’s decision, clearing the way for the Seminole Tribe to offer sports betting statewide in Florida. Today, the D.C. Circuit Court released its ruling on the Florida sports betting case, saying the Seminoles should be permitted to operate mobile sports betting
Bally’s Corporation and Gaming & Leisure Properties (GLPI) have reached a binding agreement with the Oakland Athletics of Major League Baseball, to site their new ballpark on a portion of the operator’s Tropicana Las Vegas property. Bally’s Corporation highlighted the potential “transformational” impact of the $1.5bn baseball ballpark project on the company’s database as an
Australian-based operator PointsBet has announced the launch of its horse racing product PointsBet Racing. PointsBet Racing – which is now live in 25 states – was created in partnership with 1/ST Technology, a subsidiary of thoroughbred racing company The Stronach Group. The app will feature many famous tracks around the world, including content from each
Igaming and esports supplier Esports Entertainment Group (EEG) has announced that it has entered into an agreement to exchange the majority of its debt with company stock. The business entered into the deal with the holder of the debt, Alto Opportunity Master Fund, which agreed to exchange the remaining balance of the company’s liabilities into
GAN is set to receive a $30m (£24.1m/€27.3m) loan from Beach Point Capital affiliate BPC Lending I LLC, as part of three agreements signed earlier this month. This forms part of a credit agreement that took place on 26 April 2022. GAN, through its wholly-owned subsidiary GAN Nevada, officially entered into the three agreements on
Regulatory compliance business GeoComply announced that would be hiring former US Secret Service special agent Michael Dawson to its risk services team. Dawson – who served 23 years with the federal law enforcement agency – will become a law enforcement liaison for the company after a career that saw him become a proficient investigator of
The Virginia Lottery has become the first lottery in the United States to operate a completely cloud-based ilottery programme following a partnership with technology provider NeoPollard Interactive (NPi). The technological support includes NeoDraw, the central gaming system for draw games, and NeoSphere, the player account management and marketing system. The integration also features NeoPlay, the
Two separate Texan gaming bills – HB 1942 and HB 2843 – passed through the House State Affairs committee at 9-3 votes. The bills will now head to the House Calendar committee where lawmakers will decide whether they will come up for a vote on the floor of the House. The first piece of legislation – House Bill
