The Tennessee Titans have become the first sports team in the state to announce sports betting deal with the betting operator BetMGM. This comes as a part of a chain reaction that has already seen many sports teams forging an alliance with a sportsbook. However, this news is more exciting than any usual partnership between …
Caesars Entertainment has outplayed its rival Apollo by sealing a $3.7 billion cash takeover deal with betting operator William Hill. The deal to acquire the UK-based sports betting operator is part of Caesars’ bid to expand across the United States. According to reports, Caesars plans to sell William Hill’s international operations, including 1400 betting shops …
Caesars and William Hill Seal a $3.7bn Takeover Deal Read More »
The Colorado sports betting industry continued to show its upward trend once again during August, bringing in $128 million in revenue. Colorado is one of the newest states to enter the sports betting industry, yet it has proven to be a lucrative revenue source for the state. With this optimistic news pouring in, the state …
Colorado Sports Betting Revenue Increased Again in August Read More »
Tennessee has finally approved licenses for its first three sports betting operators ahead of its November 1 launch date. DraftKings Sportsbook, BetMGM, and FanDuel Sportsbook are the first three operators to obtain their online-only sports betting license in Tennessee. The Sports Wagering Committee of the Tennessee Education Lottery authorized the licenses. While speaking on the …
Three Operators Secure First Tennessee Sports Betting Licenses Read More »
The state of Michigan is likely to see online sports betting sooner than the initially anticipated launch in early 2021. According to the Michigan Gaming Control Board, the updated timeline could bring the internet sports betting live within a few months and before the end of this year. For now, the land-based casinos in Michigan …
Michigan to See Online Sports Betting Earlier Than Expected Read More »
Caesars has warned William Hill to take a $3.7 billion acquisition offer or leave the existing relationship entirely if it is ambivalent. Last month, the UK-based bookmaker announced it had received competing offers from two rival companies, Caesars and Apollo Global Management. However, Caesars seems to be in an advantageous position due to its existing …
DraftKings Sportsbook has signed an agreement that makes it the official sports betting partner of the Colorado Rockies. By this move, the sportsbook has ensured it will capitalize on the already booming Colorado sports betting industry. DraftKings will serve the Colorado Rockies as their sports betting and daily fantasy sports operator. DraftKings-Colorado Rockies Deal The …
DraftKings Becomes the Official Partner of the Colorado Rockies Read More »
Michigan online gambling legislation appears to be smooth sailing as a Senate Committee and public hearing on iGaming rules both went without a hitch. Both were significant procedural steps whose smooth passage provided a glimpse of a bright future for online gambling in the state. The Regulatory Reform Committee took up 13 bills for consideration, …
Michigan Online Gambling Legislation Sails Smoothly Read More »
Many suitors including gambling giant Caesars are wanting to purchase betting operator William Hill to get the company out of the United Kingdom. In recent years, the London-based company has witnessed a major dip in revenue and is now looking to be sold. Caesars is one of the world’s leading gambling entities that is looking …
Companies Including Caesars to Purchase William Hill Read More »
August brought renewed optimism for Oregon as its only betting app, Scoreboard, saw an 84% increase in sports betting handle compared to July’s figures. The app brought in around $26 million in terms of wagers, and the state share in revenue was $1.6 million. Although the August numbers are optimistic for both Scoreboard and Oregon, …
Oregon Sports Betting Handle: Scoreboard Sees an 84% Rise in August Read More »
