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PointsBet reports $703m turnover for Q3 FY21

The company’s Australian operations represented $AU423.2m of the total, with its US operations representing AU$482m. The former was a 137% year-on-year increase, with the latter rising 431%. Gross win climbed 275% year-on-year to AU$100.5m, with Australian operations up 159% to AU$54.8m, and US gross win totalling AU$45.7m, a 715% rise. Net win for the quarter

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BetConstruct continues as Global Gaming Awards Lead Partner

The Global Gaming Awards are the most recognised, reputable and prestigious awards in the gaming industry, partly because every shortlisted company is nominated for a specific reason, which is publicly announced. The London edition of the event recognises companies who have performed well in the EMEA region in the past 12 months, and the Las

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Apollo makes $2.7bn bid for Tabcorp’s Wagering & Media arm

The proposal matches that made by Entain in April 2021, with the UK bookmaker increasing its offer after initially offering AU$3bn for the struggling business in February. Apollo has, however, alternatively made a proposal for Tabcorp’s Wagering & Media business and Gaming Services business for a combined value of AU$4bn. The Tabcorp board stated it

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LeoVegas rebrands Expekt as part of “strategic broadening”

LeoVegas says the new brand will offer an improved gaming experience and is being launched under a different and new marketing concept. Expekt was recently acquired by LeoVegas for a total price of €5m ($6m), which included the company’s entire assets. Now the acquisition has been offically completed and allowed the gaming operator to rebrand

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Voting opens for Global Gaming Awards London 2021

The Global Gaming Awards are the most recognised, reputable and prestigious Awards in the gaming industry, not only because every shortlisted company is nominated for a specific reason, but also because of the fair and rigorous voting process, which ensures winners are truly deserving of their Awards. “The combination of a thorough selection process, a

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Esports Entertainment Group to acquire Bethard for $19.5m plus revenue share

As part of the agreement, Esports Entertainment will pay $19.5m in cash and 12% of its net gaming revenue share for the next two years. The company has said that it expects the deal to be finalised and closed by July 1, 2021. In 2020, Bethard generated revenue of $31m; due to this, Esports Entertainment

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MP calls for ITV to ban gambling adverts during Euro 2020

Ronnie Cowan, Vice-Chair of the House of Commons all-party group on gambling-related harm, has called for the broadcaster to suspend gambling adverts throughout the tournament, in a bid to reach a situation where gambling is “tolerated, not promoted.” Cowan, Scottish National Party member for Inverclyde, highlighted the dangers that gambling ads could have for children

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