SBTech

9th April 2020

SBTech ordered to set aside $30m to settle cyberattack claims

The sellers of sports betting technology provider SBTech have been ordered to set aside $30m in cash and stock to settle any claims relating to…

2nd April 2020

State of the Union: Coronavirus, NV, Apple, RI, DE and more

This week’s State of the Union, in partnership with Segev LLP, once again covers the impact of the novel coronavirus (Covid-19) pandemic on the US…

31st March 2020

SBTech-powered sites taken offline by cyberattack

SBTech is close to completing the process of bringing its clients’ websites back online after a cyberattack saw more than 50 sportsbooks powered by the…

12th March 2020

Mounting costs lead DraftKings to 2019 loss

DraftKings’ revenue increased year-on-year for 2019 and but losses widened, as its merger with SBTech approaches, but the operator remains confident of seeing earnings exceed…

5th March 2020

Judge rules SBTech-Oregon Lottery contract must be disclosed

A Circuit Court judge in Oregon has ruled that SBTech must disclose the terms of its contract with the state’s lottery to provide sports betting…

2nd March 2020

Oregon sportsbook set for first year loss

The Oregon Lottery’s SBTech-powered sportsbook, Scoreboard, is set to lose more than $5m for the first nine months of the state’s fiscal year. The Oregon…

24th February 2020

Golden Nugget to migrate sportsbook to SG’s OpenSports

Online and land-based gaming giant Golden Nugget has expanded its supply agreement with Scientific Games to include its OpenSports betting product suite.  The new partnership,…

14th February 2020

DraftKings signs trio of partnerships with NBA franchises

DraftKings has signed new partnership agreements with a trio of National Basketball Association (NBA) teams. The deals see it become a sports betting partner of the…

22nd January 2020

Kambi’s new dawn

Splitting from a high profile partner is not exactly new territory for Kambi – after all, its break from Kindred gave it the independence to…

16th January 2020

DraftKings opens new Las Vegas office

Daily fantasy and sports betting operator DraftKings has opened a new office in Las Vegas, Nevada, to support its ongoing growth plans in the US…

9th January 2020

State of the Union: DraftKings, MI, NH, NV and more

This week’s State of the Union, in partnership with Segev LLP, covers DraftKings and SBTech’s merger and listing on the Nasdaq stock exchange, as well…

8th January 2020

DraftKings reveals $114.1m loss in SBTech merger statement

Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing…

23rd December 2019

DraftKings and SBTech to combine as listed gaming giant

DraftKings has struck a deal that will see it acquired by a special purpose acquisition company alongside betting and gaming technology provider SBTech, with the…

4th December 2019

Oregon Lottery sports betting stakes hit $17.1m in November

Oregon residents wagered $17.1m via the state lottery’s SBTech-powered sports betting app  Scoreboard in November, the first full month of legal mobile wagering in the…