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Accordingly, GiG will be immediately released from an exclusivity clause in the contract with Hard Rock, allowing for the Malta-headquartered B2B company to pursue new business prospects in the U. (GiG) (STO: GIGSEK) and Hard Rock International (HRI) have agreed to a “mutual termination” of their platform and sportsbook services arrangement.’Reportedly read a statement from Snowden…“This successful offering provides our company with additional resources to accelerate our unique omni-channel strategy including launching the Barstool sportsbook app into new markets....
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American casino operator Penn National Gaming Incorporated will now reportedly be looking to speed up the rollout of its new Barstool sportsbetting app after raising approximately 2.Snowden’s statement reportedly read…“We believe our company is incredibly well-positioned for long-term success based on its highly differentiated approach to both land-based and interactive gaming and sportsbetting.”...
Important investment:Penn National Gaming Incorporated reportedly spent roughly 3 million in January so as to acquire a 36% stake in digital media publisher Barstool Sports Incorporated, which then had around 66 million viewers for a range of online and social media content.Both parties were in agreement that while the relationship was a “fruitful” one, culminating in an upswing in results during 2020, they were unable to come to terms for a commercial agreement that would support the other’s strategic aims.S....
