Sports Betting
Simplebet reaches deal to be acquired by DraftKings
DraftKings is in the midst of another major acquisition.The sports betting and DFS giant announced on Thursday an agreement to acquire micro-betting specialist Simplebet. The pending transaction, which is subject to regulatory approvals, has been approved by both Boards of Directors at…
Arbitrator upholds CFL star Lemon’s indefinite ban for gambling
An independent arbitrator has upheld CFL star Shawn Lemon's indefinite suspension for gambling violations.The league banned Lemon on April 24 for betting on CFL games in 2021 while he was a member of the Calgary Stampeders, including one he played in.A court heard Lemon's appeal against the…
NorthStar CEO Moskowitz on how niche operators can stand out
In a highly saturated, highly competitive online gaming market like Ontario's, how can second movers and second-tier operators make a mark and find a foothold?NorthStar Bets is no second mover, as the made-in-Ontario brand entered the province's regulated market shortly after it launched in…
bet365 strikes landmark partnership with UEFA Champions League
British operator bet365 is teaming up with one of the world’s largest sports competitions.The sports betting and iGaming company announced on Tuesday a three-year partnership with the UEFA Champions League making bet365 the first official sports betting partner of the annual competition of the…
Abidogun-Benson appointed interim CFO of Rivalry
Rivalry is undergoing changes to its leadership team.The sports betting and media company announced on Friday the appointment of Demi Abidogun-Benson as Interim CFO replacing Kejda Qorri in the position. Demi, who assumed the role on Aug. 16, has been named Interim CFO after joining…
FansUnite completes sale of Betting Hero affiliate
Vancouver-based FansUnite Entertainment has completed the sale of its FansUnite US subsidiary and Betting Hero affiliate business for around $51 million.The deal, which was first announced in June, means Betting Hero will now be majority-owned by its co-founders, Jai Maw and Jeremy Jakary, who…
NorthStar Gaming eyes Western Canada growth after another record quarter
NorthStar Gaming enjoyed record results in Q2 2024 as it continues to grow at a faster pace than the Canadian market.The Toronto-based operator reported that net revenue soared 61% year over year last quarter to reach $7.5 million. Total wagers on its Northstar Bets platform rose 41% to an…
PENN expects ‘important’ Alberta to be a top market for theScore Bet
On PENN Entertainment's Q2 2024 earnings call CEO Jay Snowden said that he believes Alberta's upcoming regulated gaming market will be "a top three or four" market for the company's Canadian-centric theScore Bet brand.Snowden confirmed that theScore Bet will enter Alberta's regulated gaming…
Betway ‘ready and waiting’ for regulated Alberta market
Betway is already a visible brand in Alberta, and Super Group CEO Neal Menashe said this week that the company has keen eyes on how the pathway towards a regulated market in the province develops."In Canada, obviously, there is regulation coming in Alberta," Menashe said on Super Group's Q2…
Betsson buys Sporting Solutions to boost betting tech
Betsson Group has agreed a deal to acquire its long-term partner Sporting Solutions' trading, pricing and sports betting risk-management offerings from FDJ Group.The deal will see the operator acquire Sporting Solutions' price setting and risk-management activities but does not include the…