Caesars Entertainment announced Thursday that it has completed its acquisition of UK-based sports betting company William Hill for approximately $4 billion. A ruling by the High Court of Justice in England and Wales on Tuesday cleared the way for the deal to be finalized.
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MGM's press release foresees BetMGM surpassing even high-performing fantasy-sports and sportsbook company DraftKings. MGM says BetMGM already has a 23% market share in "iGaming," which is a separate category from sports betting, while noting its subsidiary "is on course to take the number two spot in U.S. sports betting and iGaming overall."
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Other countries are bending toward limiting ads, but America may be a long-term outlier
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A man was hospitalized after being shot outside of Manchester, N.H.’s DraftKings Sportsbook brick-and-mortar location. He suffered “life-threatening injuries” in the Monday night incident, police said.
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Michigan online sportsbooks established new records for handle and revenue in March, reaching nearly $400m in online and retail bets and surpassing $30m in online revenue, while online casino revenue approached $100m.
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Sportradar has announced that it has reached a five-year agreement with TwinSpires as a sports betting partnership. TwinSpires is the new sports betting arm of Churchill Downs Inc., the company that owns and operates the famous race track in Kentucky.
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A multimillion-dollar ad campaign urging the Texas Legislature to approve casino and sports gambling in the Lone Star State has begun to air on local radio and television. The campaign is funded by the Las Vegas-based Sands Corporation.
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In less than three years sports betting is legal in half of the U.S. and the report’s authors attempted to answer questions on how sports betting is promoted by advertisers, media, and the gaming industry. The overwhelming concern is if or when regulators and government officials would step in and halt some of those activities.
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In the midst of the lockdown eliminating usual outlets or sources of outside entertainment for many people, combining unhealthy technology use with a pandemic can make one’s struggle with addiction even worse.
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The move comes as Flutter also prepares for a partial New York float of US-arm FanDuel.
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A bill that would strip the TELC of its power over sports betting is making its way through the state legislature with lots of support.
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After years of inaction on legislation pertaining to online sports wagering, New York leaders brokered a deal for mobile sports betting April 6 during intense, 11th-hour negotiations. Now, comes the messy part. The agreement paves the way for the New York State Gaming Commission to select two sports betting platform providers to partner with the state to offer mobile sports betting.
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