North America

Toronto TSX-listed The Stars Group Inc has today published a market update disclosing the target price attached to its public share offering, first announced on Monday 18 June 2018. The Stars Group governance will move forward on a $38.00 per common share price, with the company having secured underwriters to purchase 17 million common shares, with a further 8 million …

SG Digital (Scientific Games Corporation) has announced its latest North American commercial partnership, confirming that it has secured an extensive sports betting solutions supplier contract with the British Columbia Lottery Corporation (BCLC – Canada). BCLC a current partner of OpenBet sports betting solutions, will move to fully integrate SG Digital systems, upgrading its entire sportsbook portfolio. SG Digital upgrades for …

New York-listed gambling and leisure group MGM Resorts International, has confirmed the executive appointment of Scott Butera as new President of Interactive Gaming. A 25-year gambling and hospitality leadership veteran, Butera has formerly served as President of Foxwoods Resorts and as Commissioner of the Arena Football League. In its corporate update, MGM governance details that Butera will be primarily tasked …

Issuing a corporate update, Toronto TSX-listed The Stars Group Inc, has today disclosed its supplementary prospectus related to its proposed new public share offering. Updating the market, the Stars Group’s treasury will move to implement a 15 million common share placement, which will be additionally supported by secondary 6 million share disposal undertaken by existing corporate shareholders. Stars Group governance …

Having launched Colombian sportsbook rushbet.co, Stockholm-listed Kambi Group Plc and US casino group Rush Street Gaming are set to expand their partnership within US shores. Last week, Rush Street’s digital subsidiary RSI debuted its new licensed Colombian online sportsbook rushbet.co, which has been developed by betting technology provider Kambi. Project stakeholders, detailed a quick and effective delivery of online sportsbook …

MGM Resorts International’s New Jersey property the Borgata Hotel Casino & Spa will have its sports betting systems and terminals powered by industry technology provider IGT Group. Issuing a market update, New York-listed IGT Group confirms that it has secured the retail betting systems contract to service MGM Resorts Atlantic City property. Both parties have a prior relationship, with IGT …

US news source Axios has reported that DFS operator DraftKings targets a further $150-200 million funding round, seeking to accelerate its US sports betting proposition. The news of DraftKings’ planned funding round, comes as the Boston-based enterprise, today confirms that it has officially filed its application for a New Jersey state sports betting license. Furthermore, this June saw DraftKings announce …

New Jersey is all set to begin its sports wagering business this week, following a years long battle, after Governor Phil Murphy signed Assembly Bill 4111, following Delaware’s lead on Tuesday of last week (June 5). Allowing sports betting at the state’s casinos and racetracks for certain professional and collegiate sports or athletic events, local media is stating that Monmouth …

Speculation and rumour are rife in the world of media and entertainment, as Rupert Murdoch controls the destiny of warring US giants Comcast and Walt Disney Co. Last week UK Culture Secretary Matt Hancock delivered the UK government’s long-awaited verdict to allow Murdoch’s 21st Century Fox to acquire European digital broadcaster Sky Plc for £12 billion. Hancock and DCMS have …