DraftKings, Entain Get Approval To Extend Deadline On Potential Deal
Entain listed five matters that need resolving before it agrees to a deal with DraftKings, including clarity on the future of BetMGM. Read More
Posted on: October 19, 2021 |
What’s Popular In Early Days Of Ontario Sports Betting?
Similar to the US market, football is the big early draw for Ontario sports betting. Since its launch Aug. 27, the province’s only sportsbook, ProLine+, has accepted 3.5 million bets, according to data from Ontario Lottery and Gaming Corp. Football drew 45% of those wagers, with NFL betting making up 34% of all the bets. […] Read More
Posted on: October 12, 2021 |
Does BetMGM Growth Change Calculus For Entain Deal With DraftKings?
BetMGM took online gambling market share in Q3 but how does that impact DraftKings' bid for parent company Entain? Read More
Posted on: October 12, 2021 |
Tennessee Sportsbooks Want Mandatory Hold Rule To End
There was one central topic on the minds of Tennessee sportsbooks at Tuesday’s hearing on proposed rule changes: mandatory hold. The Sports Wagering Advisory Committee proposed a few changes because it has to promulgate its own rules as part of the process to take over as regulator. One of those proposed changes includes reviewing the […] Read More
Posted on: October 7, 2021 |
Which Three Casinos Are Closing In On Maryland Sports Betting?
Three casinos are moving ahead in the Maryland sports betting license process. On Wednesday, the Maryland Lottery and Gaming Control Commission approved alternative licensing standards for: MGM National Harbor Horseshoe Casino Baltimore Live! Casino and Hotel Maryland Those casinos already hold Maryland gaming licenses, expediting the process for reviewing their qualifications. What’s next for Maryland […] Read More
Posted on: October 7, 2021 |
Analysis: Why DraftKings $22 Billion Bid for Entain Doesn’t Add Up
Does DraftKings hurt it valuation with the acquisition? Do Entain shareholders want to own a combined business. Will MGM give its consent? LSR tries to answer these questions and more. Read More
Posted on: September 27, 2021 |
The Week In Sports Betting News: Waiting On Launch In Connecticut
Happy Monday, everyone. There could be some exciting sports betting news coming this week as another state approaches its first legal bet. Connecticut is one of many states in a rollout phase this football season. Maryland and Louisiana continue to move toward launches while Arizona is still trying to get all of its operators live. […] Read More
Posted on: September 27, 2021 |
What We Know About DraftKings’ Reported $22 Billion Bid For Entain
DraftKings has made a $20 billion bid for Entain, CNBC reported on Tuesday, but what is the strategic rationale? Read More
Posted on: September 21, 2021 |
DC Sports Betting Audit Calls For Major Changes, Lottery Shrugs
The Washington DC Auditor offered six suggestions to improve the performance of Gambet DC, including better returns for sports bettors. Read More
Posted on: September 9, 2021 |
South Dakota Sports Betting Cleared For Thursday Launch
South Dakota sports betting is off and running. At a South Dakota Commission on Gaming meeting Wednesday, three sports wagering providers received licenses for sports betting in SD: BetMGM Internet Sports International (ISI) International Game Technology (IGT) Those service providers will back SD sports betting at five casinos in the city of Deadwood. Four of those […] Read More
Posted on: September 9, 2021 |