Caesars Archives - Legal Sports Report

Why Does Caesars Want In-Person Registration For Missouri Sports Betting?

Legalizing any new industry comes with plenty of conflicting issues that need to be decided, and sports betting in Missouri is no different. It’s rarer, though, that one side lobbies for something that would likely hurt them in the long run. A. John Baker, regional VP of government relations for Caesars, did just that at […] Read More

Posted on: February 3, 2021 | | Matthew Waters

Deal Or No Deal: How M&A Could Shape US Sports Betting In 2021

Analysts expect the recent run of transactions in the US sports betting space to continue in 2021, with a "flood of capital" looking to enter the market. Read More

Posted on: January 27, 2021 | | Brad Allen

Closing Time: Flutter And Caesars Secure Key Approvals For US Sports Betting Acquisitions

Flutter will close its acquisition of the remaining shares of FanDuel on Wednesday after 99.99% of shareholders voted to approve the deal. Read More

Posted on: December 29, 2020 | | Brad Allen

North Carolina Sports Betting A Step Closer After Compact Amendment

Sports betting in North Carolina has been legal for more than a year – there’s just no way to legally place a bet in the state. Gov. Roy Cooper signed SB 154 into law in July 2019. The bill lets the Eastern Band of Cherokee Indians operate sportsbooks at their two casinos. That isn’t the only […] Read More

Posted on: December 8, 2020 | | Matthew Waters

Analysis: Who Will Win Third Place In US Sports Betting Market?

LSR analyzes who will emerge from BetMGM, Barstool Sportsbook and Caesars/William Hill to take third place in the US sports betting market. Read More

Posted on: December 2, 2020 | | Brad Allen

The Hurdles In Front of William Hill Acquisition By Caesars

Several hedge funds have started acquiring Hills shares at prices above the Caesars offer level, suggesting there is a chance it may be pushed higher. Read More

Posted on: October 21, 2020 | | Brad Allen

Caesars Agrees To $3.7 Billion William Hill Takeover: What You Need To Know

The agreement also kickstarts a second M&A process, as Caesars now looks to sell off William Hill's non-US business. Read More

Posted on: September 30, 2020 | | Brad Allen

Why Caesars Is In Pole Position With $3.7 Billion Offer In William Hill Bidding War

Caesars has warned it could terminate its existing US joint venture with William Hill if the bookmaker is acquired by Apollo Global. Read More

Posted on: September 28, 2020 | | Brad Allen

The Week In Sports Betting News: More Suitors, More Cash For This Op

Happy Monday, everyone. Everyone interested in the US sports betting industry is eagerly waiting for news out of Nevada this week to see if the NFL betting the helped state top the recent handle record set in New Jersey. There was plenty that happened last week, though, that’s worth recounting as well. Start with the […] Read More

Posted on: September 28, 2020 | | Matthew Waters