North America

North American news

Thinking Glocal: Digitain on the regional factors beyond the regulation

regional

Digitain has set about providing the ‘world’s sportsbook’ to operators in Europe, America, Africa and Asia, regardless of the size or relative maturity of the regional markets. It is perhaps best known for its work in ‘developing’ markets, where the challenges are quite different to years gone by. Feliciana Cannillo, Deputy CEO at Digitain, explains why times of porting – …

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ic3group supports industry with new strategic advisory service

SBC News ic3group supports industry with new strategic advisory service

Ic3group has agreed to offer strategic support to the betting and gaming sectors after confirming the launch of its new advisory service. The new service will see the group partner with operators and suppliers across the world to offer advice on their growth and expansion strategies. The company was founded by David Copeland, Chris Miller and Keith McDonnell, who between …

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Caesars reaches agreement on William Hill takeover

SBC News Caesars reaches agreement on William Hill takeover

Caesars Entertainment has confirmed that it has reached an agreement with William Hill which will see the US operator complete a £2.9 billion acquisition of the UK bookmaker. The acquisition, which awaits the approval of anti-trust and regulatory bodies, will support William Hill’s ongoing expansion into the US market by creating ‘one of the largest gaming-entertainment companies’ in the market. …

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Betsson bolsters US vision with Scientific Games’ OpenTrade systems

SBC News Betsson bolsters US vision with Scientific Games’ OpenTrade systems

Betsson AB has announced a major product upgrade after integrating Scientific Games’ ‘OpenTrade’ systems across its sportsbook platforms. The new integration will allow Betsson to significantly advance its US sports trading capabilities as it plans to launch its first US sportsbook property in partnership with Colorado’s Dostal Alley Casino during the first-half of 2021 trading (partnership pending regulatory approval).  Moving …

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Caesars makes early £2.9bn play on William Hill takeover

SBC News Caesars makes early £2.9bn play on William Hill takeover

Caesars Entertainment has confirmed that it will move forward with an initial £2.9 billion ($3.7bn/€3.3bn) offer to acquire US wagering partner William Hill Plc outright. Closing Friday trading, William Hill confirmed to markets that Caesars alongside US private equity fund Apollo Global, are the two suitors seeking to buyout the heritage UK bookmaker. Caesars has confirmed that it has concluded …

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BtoBet and Aspire: Mixing emerging market strength with mature market clout

Aspire

BtoBet‘s acquisition by Aspire Global was an “ideal match” for both companies, who have found a mutual balance in each other to achieve their goals. That was the view of BtoBet founder Alessandro Fried, who explained that his company has gained a partner to quickly reach markets missing from its global footprint, while Aspire has filled an important gap for …

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Activists move on William Hill’s strong US prospects

SBC News Activists move on William Hill's strong US prospects

New York ‘activist hedge fund’ HG Vora Capital has acquired a 5.1% stake in William Hill Plc for a reported £115 million, reigniting speculation over the FTSE250 betting group’s future options. The investment fund, led by former Goldman Sachs VP Parag Vora, holds a successful track record in gambling having previously held a 5% shareholding in Caesars Entertainment, prior to …

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Scott Longley: Penn prepares for its ‘one chance’ with Barstool

SBC News Scott Longley: Penn prepares for its ‘one chance’ with Barstool

US wagering to date has been dominated by conservative marriages between US casino giants and established European sportsbook operators. Flipping the script, last January Penn National acquired controversial US sports publisher Barstool for $450m, stating its intent to develop America’s dominant mass-market sportsbook proposition. Scott Longley explains why if you are still a ‘sportsbook romantic’… you should really care about …

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