Sports betting
NBC Sports establishes new division for dedicated betting focus
NBC Sports has established a new division to streamline its development efforts in betting, gaming and a number of other areas. Overseen by NBC Sports’…
Global Gaming Women names Boyd’s Stratford as new president
Global Gaming Women (GGW), an industry group that focuses on the development of women in the gambling sector, has appointed Cassie Stratford of Boyd Gaming…
BetMGM to enter Arizona via Gila River and Cardinals partnerships
Entain and MGM Resorts International joint venture, BetMGM, is set to enter the state of Arizona through new partnerships with Gila River Hotels & Casinos…
DraftKings to acquire GNOG in $1.56bn deal
DraftKings has agreed to acquire 100% of Golden Nugget Online Gaming (GNOG) from Fertitta Entertainment, Inc in a $1.56bn all-stock deal that will see Tilman…
Illinois sets December deadline for online-only sports betting licenses
The Illinois Gaming Board has set a deadline of December 3 this year for applications for three additional online-only sports betting operator licenses in the…
Florida sports betting compact approved by Department of the Interior
A compact agreement that would allow sports betting in Florida through the Seminole Tribe – including statewide mobile sports betting – has been approved by…
FanDuel retains top spot as Iowa betting revenue and handle climb
The Iowa Racing and Gaming Commission reported a year-on-year increase in sports betting revenue and handle in the US state in July, with FanDuel partner…
DraftKings raises revenue guidance again but H1 losses grow to $650m
DraftKings increased its revenue guidance again after recording half-year revenue of $609.8m, up 282.3% from 2020, though losses also continued to grow as operating expenses…
New Jersey becomes first state to legalize fixed-odds betting as Governor signs bill
New Jersey has become the first US state to legalize fixed-odds horse racing betting after its Governor Phil Murphy signed a new bill into law.…
State of the Union: theScore, VICI, MGM and more
This week’s State of the Union, in partnership with Segev LLP, is highlighted by two multi-billion-dollar mergers, but also includes financial results from a number…
DraftKings pens wide-ranging data deal with Genius Sports
Genius Sports has secured a multi-year agreement with DraftKings for the supply of official sportsbook data and content solutions for a range of leading sports…
Penn National to acquire theScore for $2.0bn as it seeks own platform
Penn National Gaming has agreed a deal to acquire Canada-based theScore in a $2.0bn cash-and-stock deal, with chief executive Jay Snowden suggesting he plans to…
IGT ups 2021 guidance after revenue grows to $1.04bn in Q2
Gaming and lotteries supplier International Game Technology (IGT) upped its revenue and operating profit guidance for 2021 after Q2 revenue grew 73.5% to $1.04bn, while…
BCLC pens betting data deal with Genius Sports
Canadian provincial lottery operator the British Columbia Lottery Corporation (BCLC) has appointed Genius Sports as the official data provider for its sportsbook operations. Under the…