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Parimatch Tech partners with Chelsea FC in three-year deal

The operator-turned-overall-technology-firm will use Chelsea’s branding across digital, social and logistical assets to create “mutual branding opportunities.” Roman Syrotian, Cо-CEO at Parimatch Tech, said: “Chelsea’s unique style, determination and charisma resonate perfectly with Parimatch’s passion for sport and ambition. Becoming an official partner of 2020/21’s European Champions is a great thrill and responsibility. “Luckily, Parimatch is […]

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Flutter Entertainment shows hefty debt level despite revenue jump, says analyst

However, Flutter Entertainment’s debt level of £2.682bn ($3.72bn), is making it more difficult for the company to payout any dividends, according to analyst Neil Shah. Providing the upcoming sporting calendar is “uninterrupted” and its retail estates remain open, the group has forecast earnings before interest, taxes, and amortisation (EBITA) to be between £1.27bn ($1.76bn) and

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Entain’s Bwin extends deals with German Bundesliga teams

The deals mean Bwin will continue to be the exclusive sports betting partner for Borussia Dortmund, Union Berlin, Cologne, St. Pauli and Dynamo Dresden. Each of the agreements will run until the end of the 2023/2024 campaign. “It’s a great honour for us to continue our long-term partnership with these long-standing clubs. Our sponsorships underline the

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Buena Onda! Betsson acquires $25m Inkabet with aims to strengthen LatAm presence

The initial acquisition amount stands at $25m, with the additional sum of $4m payable via Betsson. This will be dependent on Inkabet’s performance and abilities to reach the agreed revenue EBIT targets. It will be required during the six months following the closing, paired with a deferred payment of $5m – out of which $3m

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Don’t bet on it: Michigan’s online sports betting volume at its lowest since inception

Michigan’s online sports betting handle plummeted to its lowest volume in history for one full month in July. Less than $200m was taken by online sportsbooks during this period, the lowest since its launch in January. But never fear, online casinos still remain systematically strong, according to Play Michigan, researcher and analyst for the state’s

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Sporting Solutions and FDJ launch Ontario’s first digital sportsbook

Duncan Hannay, OLG President and CEO, said: “OLG is a customer-obsessed organisation focused on expanding its digital gaming offering. Launching the new Proline+ means we can welcome more Ontario sports bettors in the space where they want to bet. “Our partnership with Sporting Solutions and FDJ group allows us to deliver one of Canada’s first

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Initiative to legalise sports betting in California approved for ballot, but some operators aren’t happy

Sports betting is defined as wagering on the results of professional, college or amateur sport and athletic events; the ballot measure also refers to legalising roulette and dice games at amended tribal casinos.To engage in legal betting activities, individuals need to be 21 years of age. To pass, it requires signatures from 8% of the

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Genius Sports and WynnBET extend data-sharing partnership

This continuation of the two firms’ long-standing relationship will provide users of the WynnBET app with trading solutions and official data-driven content from Genius Sports. This includes content from the company’s sports partnerships with the English Premier League, Liga MX, Argentine and Colombian soccer. The data firm will also provide WynnBET with access to the

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Catena Media acquires North American assets from i15 Media for $45m

This move comes as the international iGaming lead generation company looks to bolster its North American operations. The assets comprise more than 100 websites and domains that focus on states starting their first full American football season, such as Michigansharp.com, large upcoming states like NYSportsDay.com, as well as nationally ranked sites like bonus.com and gamblingonline.com.

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