Tennessee panel conditionally OKs 4th sportsbook firm
- Oct 6, 2020
Tennessee Action 24/7 drew approval from the Tennessee Lottery’s Sports Wagering Committee, joining FanDuel, BetMGM and DraftKings.
Read More . . .Tennessee Action 24/7 drew approval from the Tennessee Lottery’s Sports Wagering Committee, joining FanDuel, BetMGM and DraftKings.
Read More . . .The contract between Colorado and PointsBet is believed to be the first high-profile sports gambling deal in major college athletics. It is not without controversy. SI has obtained a copy of the contract.
Read More . . .The XFL officially confirmed its return date with the American football competition coming back onto the field in 2022. The news follows on from the competition’s $15 million takeover by Dwayne Johnson and Dany Garcia, who also own Seven Bucks Productions, alongside RedBird Capital Partners.
Read More . . .The opening game of the NBA Finals, saw the LA Lakers claim a commanding 116-98 win over the Miami Heat. The size of the win saw the Lakers duo of LeBron James and Anthony Davis shoot into favouritism for the NBA Finals MVP award
Read More . . .DraftKings has added another partnership to its ever-growing roster of alliances this week with the news that it has been designated Official Daily Fantasy Sports Partner and Official Sports Betting Partner of the NFL’s Philadelphia Eagles.
Read More . . .Costa Rican sportsbook 5Dimes reaches agreement with federal prosecutors to end criminal investigation
Read More . . .A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history.
Read More . . .After passionate pleas for support of the bill from U.S. Reps. Paul Tonko, a New York Democrat, and Andy Barr, a Kentucky Republican, the bipartisan legislation that would see formation of the Horseracing Anti-Doping and Medication Control Authority to oversee the sport's equine medication and anti-doping policies and its drug testing was passed by a resounding voice vote (no opposition votes were audible).
Read More . . .The news on Friday was that Caesars and private equity firm Apollo have both submitted cash offers to acquire William Hill. The gambling company has a $2.9 billion market cap, so this is a big offer by any measure. But it's not that big when compared to the market cap gains DraftKings and Penn National have made, two of the companies that have benefited the most from online gambling hype, so it's understandable why Caesars wants in on the action.
Read More . . .Sportsbook operator DraftKings reported taking several very big bets this week, each for hundreds of thousands of dollars. These days, with the American sports betting market expanding around the nation, six-figure bets are much more common than they were in years past. Traditionally, though, the largest bets were on the point spread or money line of big games. Those types of wagers attract the most betting handle, so taking a big bet on a point spread, for example, makes it easier for bookmakers to mitigate risk.
Read More . . .NFL club Tennessee Titans has designated BetMGM, the joint venture between MGM Resorts International and GVC Holdings, as the team’s first Official Sports Betting Partner. The announcement, said the club, marks a historic moment in Tennessee as it represents the state’s first official partnership between a professional sports team and sports betting platform.
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