Caesars Entertainment (NASDAQ:CZR) said Monday it cleared the antitrust waiting period for its proposed $3.69 billion acquisition of William Hill (OTC:WIMHY), putting it one step closer to creating a US sports betting behemoth.
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Hartley Henderson lists his top 10 gambling stories of the 2020. In the first of two parts, Hartley examines huge stories that affected gambling in the United States, with COVID being a common thread in many top stories.
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A judge Tuesday ordered former Indians outfielder Trevor Crowe to serve three years of probation for failing to report more than $309,000 in illegal gambling income on his taxes.
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UK sportsbook William Hill, acquired by Caesars Entertainment in September for $2.9 billion, announced Sunday that it picked up a majority stake of Columbia-based Alfabet SAS—an online casino and sports gambling operation run under the BetAlfa name.
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The locations will open on Wednesday at Greektown Casino in Detroit and Hollywood Casino in Lawrencetown, Indiana and on Thursday at Ameristar East Chicago in Indiana. All three locations are subject to final state regulatory approvals in the two states.
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Earlier this month, DraftKings reached a deal with InComm Payments, a global payments technology firm, to launch the legal sports betting industry’s first-ever sportsbook branded retail gift card. Denominations of the card come in either $25 or $50 and can be used to make deposits on the online DraftKings Sportsbook.
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The partnership highlights several benefits, including increased 76ers fan-based engagement campaigns, BetMGM’s logo will be placed on the basket pole pads at every Philadelphia 76ers games. BetMGM advertisements will also be played on the 76ers app, casino betting games branded after the 76ers on BetMGM, and much more.
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Figures released Wednesday by the Tennessee Education Lottery (TEL) showed that the state’s four sports betting licensees – BetMGM, DraftKings, FanDuel and local outfit Action 24/7 – generated combined wagering handle of $131.4m in November. Betting revenue totaled $13.2m, of which the state’s share came to slightly less than $2.4m.
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Colorado sportsbooks etched another entry into the record book, becoming the sixth state to surpass $225 million in handle in a single month even as the NBA and NHL remained dormant, according to PlayColorado.
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The New York Jets pulled off the biggest upset of the season on Sunday, knocking off the Los Angeles Rams as 17-point underdogs. One bettor in New Jersey saw it coming -- way back in September.
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One of the most outstanding analysts on the popular "NBA on TNT" TV show, Charles Barkley, has agreed to an exclusive partnership deal as a spokesman and ambassador for the betting company.
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The Pennsylvania-based casino operator entered into a definitive agreement with Gaming and Leisure Properties, Inc. to acquire the operations of Hollywood Casino Perryville, MD for $31.1 million in cash, subject to working capital adjustments.
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