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.
Betting
The Arizona Cardinals will soon have a sports betting operation near their stadium for wagers on NFL games and other big events, just the way the Raiders and Allegiant Stadium plan to do it here.
The sports betting world is in midst of another flurry of billion dollar-plus consolidation moves that are shaking up the industry, a trend that isn’t expected to slow down anytime soon.
Las Vegas-based Scientific Games Corp. is selling its OpenBet business to Endeavor Group Holdings, which also owns UFC, for $1.2 billion, the companies announced Monday.
Blue Wire, the producer of 175 podcasts — most of them featuring sports content — has begun working from a studio housed at Wynn Las Vegas.
Caesars Entertainment announced it has reached a $3 billion deal to sell the non-U.S. assets of William Hill to 888 Holdings PLC.
A legal expert doesn’t expect the lawsuit filed by the Yavapai-Prescott Indian Tribe would successfully block the startup of sports wagering in Arizona.
Entain PLC, a British sports wagering and gaming company, is acquiring esports betting and technology company Unikrn in a deal slated to close this year, Entain executives announced Thursday .
Arizona law allows 10 licenses for sports teams and outlets and 10 for tribes, but there are now 15 tribal applicants and regulators must decide which get final approval
DraftKings reached a $1.56 billion deal to buy Golden Nugget Online Gaming, a move that will further expand the fantasy sports giant’s footprint into the growing market of online casinos.
Penn National Gaming, the operator of M Resort and the Tropicana, is set to acquire Score Media and Gaming in a deal worth $2 billion, the two companies announced Thursday.
Caesars Entertainment unveiled a new rebranding effort that combines the company’s sports betting assets under a single brand after its purchase of William Hill in April.
Marshawn Lynch will star in marketing campaigns and engage with BetMGM players via social media, media appearances, fan events and more, a release said.
Legalized sports betting will kick off in the Grand Canyon State on the same day the National Football League opens its 2021 season with a Tampa Bay-Dallas matchup.
In 2021, U.S. sports betting revenue is predicted to hit $2.5 billion and grow to $8 billion by 2025. Today, more than a dozen states allow sports betting.