Flutter Entertainment has agreed to acquire omnichannel operator Snaitech from Playtech for a cash consideration of €2.3bn.The global gambling operator has stated that the acquisition fully aligns with its strategy to “invest in leadership positions in international markets”, while Playtech has desc
DraftKings: Live Betting Improvements Are Key to Increased Market ShareDraftKings CEO Jason Robbins provided an insight into his company’s plans for the NFL season. According to him, his company might be able to catch up to FanDuel this season and cut into its competitors’ revenue share.DraftKings H
Global sports betting and gaming companyEntain witnessed its net gaming revenue (NGR) increase by 6% year-on-year to £2.56 billion ($3.24 billion) during the first half of 2024. Online NGR grew by 9%, excluding the US, bolstered by a 13% rise in active customers.Net loss after tax narrowed to £47 mi
BlueBet Plans US Market Withdrawal to Focus on Growth in AustraliaThis spring, BlueBet, the emerging Australian betting giant, announced a strategic deal with Betr, a recognizable gaming and betting operator. After the announcement of this strategic collaboration, the company confirmed its plans to
DraftKings Inc. attempted to introduce a winning bet surcharge in its high-tax states, which backfired due to strong public opposition, forcing the company to withdraw this controversial move. Previously, its main competitor FanDuel's owner Flutter Entertainment publicly announced that it would not
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