79°F
weather icon Clear
DraftKings gets extension to pursue $22.5B takeover deal

Entain said in a statement Tuesday that the company’s board has been in discussions with DraftKings to explore the “merits and feasibility” of a potential deal and set a Nov. 16 “Put Up or Shut Up,” deadline for the proposal.

THE LATEST
Casino operator suing over shutdown of sports betting app

A casino operator is suing a tech company after a contract dispute shuttered its sports betting platform at two West Virginia casinos during the height of the NCAA Tournament.

FTC wants to block merger of FanDuel, DraftKings

Federal regulators are challenging the planned merger of FanDuel and DraftKings, saying the combination of the two largest daily fantasy sports sites would create a company controlling more than 90 percent of the market.

US Olympic gold hasn’t made for winning bets in Las Vegas

Rowing, shooting and judo — the U.S. might have won big gold medals in those Olympic events but some of the most prominent Las Vegas sports books didn’t even bother with them.

Texas AG says daily fantasy sports operators not legal in state

Daily fantasy sports games that charge players to compete cannot operate legally in Texas, the state’s attorney general said on Tuesday, making it the latest U.S. state to challenge the legality of such online contests.Online operators’ claims that they can “operate as an unregulated house” do not “square with existing Texas law,” Texas Attorney General Ken Paxton said in a statement on his office’s website.