Analysis: Is MGM Setting Up For Another Run At Entain?
MGM CEO Bill Hornbuckle said he wants MGM to be a global player in online gambling and is willing to invest cash heavily to get there. Read More
Posted on: November 17, 2021 |
The Week In Sports Betting News: Operator Conference Calls On Deck
Happy Monday, everyone. This is an important week for sports betting news as multiple big operators will report third-quarter results. As for last week’s news, the LSR Podcast is the perfect place to start for updates on New York sportsbooks, the minimum hold requirement in Tennessee and more. Make sure to follow @LSPReport on Twitter […] Read More
Posted on: November 1, 2021 |
No Deal For DraftKings And Entain As Talks Terminated
DraftKings shares jump 8% after the operator confirms it will not be making a firm takeover offer for UK company Entain. Read More
Posted on: October 26, 2021 |
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 |
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 |
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 |
Could Entain Bid Again Be On The Table For BetMGM?
MGM Resorts found some extra cash in the couch cushions that could spur another important acquisition to help BetMGM. Talk of an MGM acquisition of Entain reheated when news of the MGM Growth Properties sale emerged Wednesday morning. Those talks cooled substantially after earlier this year when Entain rejected an $11 million bid in January. […] Read More
Posted on: August 5, 2021 |
Meet The Ravens First Sportsbook Partner Under New MD Sports Betting Law
The Baltimore Ravens named BetMGM as an official gaming partner just one day after MD sports betting became a reality. Under the agreement, BetMGM signage will feature throughout M&T Bank Stadium, as well as on Ravens digital and social media. The two parties will also work on Ravens-specific promotions and marketing campaigns inside the BetMGM […] Read More
Posted on: May 20, 2021 |
Ohio Casinos Fight Back Against Sports Betting, Gaming Expansion Bill
It did not take long for the majority of casino owners in Ohio to fight back against the Senate’s expanded gaming bill, which includes sports betting. A press release from Get Gaming Right Ohio warns that SB 176 would allow slot-like electronic bingo games in nearly 900 locations across the state. Those new gambling venues […] Read More
Posted on: May 13, 2021 |
Analysis: How Does BetMGM Growth Affect Potential MGM Bid For Entain?
Entain is trading 25% higher than when MGM last tried to acquire it. Does that bump in valuation take a renewed offer off the table? Read More
Posted on: May 10, 2021 |