FTX Enters Gaming as Backlash Grows Against Crypto’s Incursion Crypto exchange FTX is launching its own gaming unit, aimed at encouraging more game publishers to embrace cryptocurrencies, blockchain networks and non-fungible tokens. Operating via FTX’s U.S. affiliate, FTX Gaming will debut with a “crypto-as-a-service” platform through which gaming … [Read more...] about Crypto Ponzi Scam (and Now “NFTs) Infecting EGaming
Business
Another Big Business Deal, Some Really Rich People Make Lots of Money
Gambling.com Group has agreed a €12.5m ($14m) cash-plus-shares deal to acquire online gambling bonus comparison site BonusFinder. The Nasdaq-listed affiliate will pay €10m in cash with the remaining acquisition costs of €2.5m being made up of newly issued unregistered ordinary shares in Gambling.com Group. It is understood the cash portion of the acquisition cost … [Read more...] about Another Big Business Deal, Some Really Rich People Make Lots of Money
Playtech Frowns on Latest Proposal; Receives Other Offers
Giant Playtech Doesn't Expect Aristocrat Proposal to Succeed; Receives Other Offers Playtech PLC said Wednesday that it doesn't expect the recommended 2.1 billion pounds ($2.84 billion) offer from Aristocrat (UK) Holdings Ltd. to achieve the minimum threshold required for approval and that it is evaluating proposals from third parties for the … [Read more...] about Playtech Frowns on Latest Proposal; Receives Other Offers
What’s Ahead for EGaming in 2022?
THE EGAMING INDUSTRY: WHAT TO EXPECT IN 2022 The eGaming industry has come a long way since its inception in the early 1990s. What started out as a small community of enthusiasts playing simple games on their PCs has grown into a massive global market, with revenues estimated to reach $128 billion by 2022. This growth can be attributed to … [Read more...] about What’s Ahead for EGaming in 2022?
SBC Summit North America Begins Nov. 30
After going virtual in 2020 due to COVID-19 restrictions, the Sports Betting Community (SBC) Summit North America conference and expo is back in person this year. The event, which will be held in the Meadowlands Exposition Center in New Jersey, begins Nov. 30 and will last through Dec. 2. The conference’s primary days are Dec. 1 and 2, with Nov. 30 featuring a … [Read more...] about SBC Summit North America Begins Nov. 30