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…

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…