GMVHF News and Press, Gvc Holdings Plc From 09/16/21

U.S. sports betting revenue is up 435% year-over-year to $2.12B through July with more states open for land and mobile action, according to the latest update from Eilers & Krejcik Gaming. The state accounting for the biggest share is New Jersey with $423M through the end of July. The firm...

BetMGM announces a partnership with payments firm TAPPP to make its gift cards available at major convenience and grocery retail chains in select U.S. states offering legal sports betting. The company says one of the biggest pieces of feedback it gets from customers is that they want a simple...

The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors. The FPA Crescent Fund – Institutional Class gained 3.26% in 2021’s secon...

BetMGM ([[MGM]] -1.7%) partners with Pittsburgh Pirates that will include BetMGM branding throughout PNC Park, fan-focused promotions, social media content and more.BetMGM is born out of a partnership between MGM Resorts INternational and Entain Plc ([[GMVHF]] -1.7%).Under...

alengo/E+ via Getty Images Gambling.com Group (GAMB) expects to price its IPO of 5.25M in a range of $11 to $13. The online gambling portal will raise $63M at the midpoint of the anticipated range. Selling stockholders are also selling 2.25M shares in the IPO. Gambling.com says it helps onlin...

simonkr/E+ via Getty Images Marc Lasry, co-founder and chief executive officer of Avenue Capital Group, as well as the co-owner of the Milwaukee Bucks NBA team, said Tuesday that he thinks the legalization of sports gambling will continue, with more states passing legislation to allow the act...

alphaspirit/iStock via Getty Images Legalized single-game sports betting in Canada is one step closer after the Senate passed bill C-218. The bill already passed the House of Commons earlier this year and just needs Royal Assent from the Governor General. Single-game sports betting could laun...

Hirurg/iStock via Getty Images Eilers & Krejcik Gaming is out with a detailed report on sports betting. The firm notes that single-game sports betting is now legal in 31 states and 56% of the U.S. population resides in a state where betting on games is legal. Another 9 states have sports ...

Investors in the sports betting and iGaming sector will soon have a pure play to trade when Wynn Interactive merges with special-purpose acquisition company Austerlitz Acquisition Corporation (AUS). Austerlitz is run by Bill Foley, who also owns the Vegas Golden Knights hockey team. Wynn Inte...

Global online gaming ('iGaming'), including sports betting, is gaining in popularity. In the USA, sports betting is gaining traction as more states legalize it. The global online gambling market is forecast to be worth US$102.97 billion by 2025, growing at a CAGR of 11.5%. Roundhi...