Scientific Games Archives - Legal Sports Report

The Week In Sports Betting News: More Earnings Call Surprises On Tap?

Happy Monday, everyone. There should be no shortage of sports betting news this week with multiple key investor calls scheduled. The LSR Podcast talked earnings as well on the latest podcast with details from both the Caesars and DraftKings calls. DraftKings is one of the three to present again this week with its investor day. […] Read More

Posted on: February 28, 2022 | | Matthew Waters

Western Canada Sports Betting Options Expand, With A Catch

A new set of retail offerings for sports betting in Canada is available in several provinces. Don’t expect to get much money down through them, however. Scientific Games announced a bolstered set of products for Canadian sports betting, released in conjunction with the Western Canada Lottery Corp. The product is available in the provinces and […] Read More

Posted on: December 21, 2021 | | Pat Evans

Scientific Games Sells Sports Betting Business To Endeavor For $1.2 Billion

Endeavor, the parent company of data supplier IMG Arena, is buying the Scientific Games sports betting business for $1.2 billion. Scientific Games announced in June it would divest its OpenBet sports betting business and its lottery business to focus on its core gaming business. Options included a potential IPO or SPAC transaction, along with a straight […] Read More

Posted on: September 28, 2021 | | Matthew Waters

IGT Sees Value In Keeping Sports Betting Tech Division

It does not sound like IGT has any intention of exiting the US sports betting business anytime soon. That is according to comments from CEO Marco Sala on the company’s second quarter earnings call last week. IGT, a global gaming conglomerate that designs casino games and casino technology, provides sports betting tech and supplies lotteries […] Read More

Posted on: August 24, 2021 | | Matthew Waters

How Scientific Games Selling Sports Betting Business Could Ripple In US

Scientific Games is selling off its sports betting business and considering an IPO, a SPAC transaction, or straight sale. Read More

Posted on: June 29, 2021 | | Brad Allen

No Platform Deal Imminent Between FanDuel, Scientific Games Despite Reports

Multiple reports emerged Monday that US market contender FanDuel will move its online betting and casino products onto Scientific Games technology. Read More

Posted on: February 3, 2020 | | Brad Allen

A Trader’s View On How The NCAA Should Approach Legal Sports Betting

From lobbying efforts for integrity fees, to official data rights deals, to multiple partnerships with established sports betting operators, each of the NBA, MLB, NHL and NFL publicly planted seeds to position themselves for the new reality thrust upon them. The one visibly notable exception? The NCAA. Read More

Posted on: April 18, 2019 | | Benjie Cherniak

Oregon Sports Betting Takes Another Step Forward As One Vendor Tries To Toss In A Monkey Wrench

Despite a last-minute protest from SBTech competitor Scientific Games, the Oregon Lottery Commission during a special commission meeting last Friday approved the lottery's recommendation to award the state's sports betting contract to SBTech. Read More

Posted on: April 10, 2019 | | Grant Lucas

Former Scientific Games Exec Singleton Joins Bet.Works As Chief Operating Officer

Bet.Works appointed Quinton Singleton as its new COO. The former SG executive will be responsible for the roll out of Bet.Works sports betting technology. Read More

Posted on: January 18, 2019 | | Joss Wood

Government Approvals Mounting For PA Sports Betting Operators, Suppliers

The PA sports betting marketplace continues to load in as the rollout of online wagering draws closer. The Pennsylvania Gaming Control Board (PGCB) issued more permits during a scheduled public hearing Wednesday — one to a casino operator and a couple more to tech suppliers. Read More

Posted on: December 20, 2018 | | Eric Ramsey