The XFL officially confirmed its return date with the American football competition coming back onto the field in 2022. The news follows on from the competition’s $15 million takeover by Dwayne Johnson and Dany Garcia, who also own Seven Bucks Productions, alongside RedBird Capital Partners.
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The opening game of the NBA Finals, saw the LA Lakers claim a commanding 116-98 win over the Miami Heat. The size of the win saw the Lakers duo of LeBron James and Anthony Davis shoot into favouritism for the NBA Finals MVP award
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DraftKings has added another partnership to its ever-growing roster of alliances this week with the news that it has been designated Official Daily Fantasy Sports Partner and Official Sports Betting Partner of the NFL’s Philadelphia Eagles.
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Costa Rican sportsbook 5Dimes reaches agreement with federal prosecutors to end criminal investigation
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A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history.
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After passionate pleas for support of the bill from U.S. Reps. Paul Tonko, a New York Democrat, and Andy Barr, a Kentucky Republican, the bipartisan legislation that would see formation of the Horseracing Anti-Doping and Medication Control Authority to oversee the sport's equine medication and anti-doping policies and its drug testing was passed by a resounding voice vote (no opposition votes were audible).
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The news on Friday was that Caesars and private equity firm Apollo have both submitted cash offers to acquire William Hill. The gambling company has a $2.9 billion market cap, so this is a big offer by any measure. But it's not that big when compared to the market cap gains DraftKings and Penn National have made, two of the companies that have benefited the most from online gambling hype, so it's understandable why Caesars wants in on the action.
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Sportsbook operator DraftKings reported taking several very big bets this week, each for hundreds of thousands of dollars. These days, with the American sports betting market expanding around the nation, six-figure bets are much more common than they were in years past. Traditionally, though, the largest bets were on the point spread or money line of big games. Those types of wagers attract the most betting handle, so taking a big bet on a point spread, for example, makes it easier for bookmakers to mitigate risk.
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NFL club Tennessee Titans has designated BetMGM, the joint venture between MGM Resorts International and GVC Holdings, as the team’s first Official Sports Betting Partner. The announcement, said the club, marks a historic moment in Tennessee as it represents the state’s first official partnership between a professional sports team and sports betting platform.
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The Michigan Gaming Control Board discussed the proposed mobile gaming laws in a public hearing last week. According to executive director Richard S. Kalm, they expect to submit the final proposal to the Michigan Office of Administrative Hearings and Rules within the next few days. Once approved or after they are amended, they will go to the state legislature’s Joint Committee on Administrative Rules in October.
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The NCAA Sport Science Institute, in partnership with the NCAA COVID-19 Medical Advisory Group, has released the Core Principles of Resocialization of Collegiate Basketball, its latest set of health and safety guidelines focused on COVID-19 and the first set of guidelines concentrated on basketball.
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