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Betano will be the new sponsor of the top football league in Argentina after Kaizen Gaming and the Argentina Football Association (AFA) announced a partnership. The top division in Argentina will now be known as Torneo Betano commencing from the opening of the season this past weekend. Meanwhile, the cup competition Copa de la Liga…

Gross mobile sports betting wagers in Tennessee increased 20.7% year-on-year to $384.2m (€356.5/£306.6m) in April. In April, Tennessee sports betting saw a year-on-year rise that was almost identical to the 20.6% recorded in March. However, wagers collected in April were well down on the $473.6m collected in March, which enjoys a busy sports schedule. With some…

Andy Wright has announced he has left his role as senior vice-president of trading at Fanatics Betting and Gaming (FBG). Wright joined Fanatics in May 2022 from his previous position of trading director at KingMakers. Wright’s time at Fanatics saw the company launch its sportsbook offering in January 2023. With its launch at the then-named FedExField in…

PlayAGS has signed a definitive agreement to be acquired by affiliates of private equity firm Brightstar Capital Partners, with the deal valued at $1.10bn (£877.3m/€1.02bn). The PlayAGS board has approved the acquisition and recommended shareholders also vote in favour of the proposed deal. Brightstar invests in industrial, manufacturing and services businesses. Under the agreement, PlayAGS…

Light & Wonder posted a 12.8% year-on-year increase in revenue to $756m (£605m/€704m) in Q1 after reporting growth in each of its core business segments. Revenue during the three months to 31 March was higher across the Gaming, SciPlay and iGaming businesses. As a result, Light & Wonder also reported higher group net profit for…

Inspired Entertainment said ongoing growth within its Interactive segment was not enough to halt an overall decline in revenue in Q1, while the provider also reported a wider net loss. Revenue for the three months to 31 March hit $63.1m (£50.4m/€58.6m). This is 2.8% lower than the $64.9m Inspired posted in Q1 of last year.…

Maryland’s sports betting market enjoyed another huge double-digit rise in revenue during April, with more than $480m (€445.3m/£383.4m) generated. Maryland saw sports betting revenue rise by 48.1% year-on-year to $486.3m during the month. Retail accounted for $11.3m of handle, with around 98% coming from mobile. The US state recorded hold of 10.4%, with $435.9m paid…

Vasco da Gama and Betfair have signed the biggest sponsorship in the club’s history as Brazil prepares to launch its fully regulated sports betting market. The deal between Vasco, who play in the top-flight football league in Brazil, and Betfair, will run until 31 December 2025. The agreement, despite being billed as the “biggest”, did…

Playtika has issued a commitment to its restructuring efforts despite seeing a double-digit drop in adjusted EBITDA and net income at the start of 2024. In its financial results for the three months to 31 March, Playtika generated revenue of $651.2m. This was down 0.8% year-on-year and up 2.1% on the final quarter of 2023.…

Bragg Gaming Group posted a wider net loss during Q1 despite an increase in revenue to €23.8m (£20.5m/$25.5m), while the provider says it is making “encouraging” progress on its strategic alternatives process. Revenue was up 49.9% year-on-year at Bragg in Q1. The group referenced organic growth from its existing client base, new customers in multiple…