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Business
March 3, 2021
DraftKings and Dish TV Agree for DraftKings App Integration
Daily fantasy and sports betting operator DraftKings and satellite television and wireless provider Dish Network Corporation signed a strategic agreement for the integration of DraftKings’ daily fantasy sports and sports betting app into the services of the TV provider. Dish Hopper TV The strategic agreement starts with the integration of the sports betting app into […]
Casino
March 3, 2021
Sands Sells Las Vegas Properties for $6.25Bn
Las Vegas Sands is to offload its Las Vegas real property and operations for an aggregate $6.25 billion, a month after founder Sheldon Adelson’s death. Apollo Global Management and VICI Acquire Las Vegas Empire On March 3, casino giant Las Vegas Sands announced that it has entered into an agreement to sell its Las Vegas […]
Business
March 3, 2021
Rupert Murdoch Reportedly Plans to Increase Stake in FanDuel
Rupert Murdoch, the owner of Fox Corporation, is reportedly planning to increase his stake in FanDuel. Owned by Flutter Entertainment, FanDuel is among the top sports betting operators rapidly increasing its presence by entering more US regulated markets. Fox Corporation to Increase Stake in FanDuel American media mogul, Rupert Murdoch, maybe planning to invest further […]
Legal
March 3, 2021
Gov. Lamont, Mohegan Tribe Agree on iGaming and Sports Betting
The Mohegan Tribe in Connecticut and Governor Ned Lamont have reached an agreement that would allow sports betting and online gaming. Announced on Monday this week, the new agreement is expected to raise millions of dollars boosting the state’s economy and budget. Gov. Lamont Reaches Agreement with the Mohegan Tribe The Mohegan Tribe and the […]
Legal
March 3, 2021
North Carolina Is a Step Closer to Sports Betting After Compact Approval
A compact between the Eastern Band of Cherokee Indians and North Carolina’s state brings sports betting at Harrah’s casinos closer to realization. Tribal Compact Approval Means Sports Betting Is Coming to NC North Carolina and the federal government have reached an agreement on a new gaming compact that negotiates the terms of a new gaming […]
Sports
March 3, 2021
Detroit Pistons and WynnBET Team up for New Fan Experiences
The Detroit Pistons and WynnBET have announced a new collaboration designed to boost fan engagement and drive marketing efforts for both companies. WynnBET to Host Special Wednesday Experiences for Detroit Pistons Fans WynnBET has struck a marketing partnership with the Detroit Pistons, establishing yet another high-profile deal with a sports franchise, following a similar deal in Tennessee. The […]
Legal
March 3, 2021
Bloomberg Says FanDuel Sued for Inaccurate Data Representation
FanDuel is facing a lawsuit by Andrew Melnick, a sports bettor who filed a class-action against the sportsbook, alleging the company had misrepresented live data information, causing consumers to bet on losing selections. FanDuel Faces Class-Action Lawsuit over Data Accuracy On Tuesday, FanDuel stood trial in a US District Court for the Northern District of Illinois by one Andrew Melnick, […]
Legal
March 2, 2021
Big Fish Lawsuits Settlement Approved by Federal Court
Australian-based manufacturer of gaming machines Aristocrat Technologies announced today the settlement related to Big Fish Games was approved by the US Federal District Court for the Western District of Washington. Federal Court Approval Aristocrat filed the announcement to the Australian Stock Exchange (ASX) regarding the May 2020 agreement to settle claims related to the two […]
Industry
March 2, 2021
VA January Sports Betting Handle Second-Best for Debut Month
Sports betting in Virginia took to a flying start after sportsbooks gobbled nearly $59 million in sports betting handle for just 11 days of operation in January. Successful Debut Month The Virginia Lottery released its monthly report revealing sports betting operators collected in January wagers amounting to $58.9 million, the second-highest monthly total in US […]
Industry
March 2, 2021
Flutter Entertainment’s 2020 Revenues Surge After TSG deal
Flutter Entertainment has posted a 28% rise in total group revenue to £5.2 billion for the full year of 2020 boosted by the integration of The Stars Group (TSG) business. Merger With The Stars Group Pushes Flutter’s Growth Flutter Entertainment posted its financial results for 2020 today. Full-year total group revenue at the world’s largest […]