Sportradar To Go Public With $10B Horizon Acquisition Deal

Sportrader

Sportradar and SPAC have signed the letter of intent to become a publicly-traded company. This is a $10 billion deal with Horizon Acquisition Corp. II. No date has been stated for when the deal will be finalized. ST. GALLEN, Switzerland – Popular sports technology company … Read more

Acquisition Rumors Hint DraftKings To Purchase Score Media

theScore

Score Media has recently gone public on the NASDAQ. Score Media’s shares have boomed following speculation that DraftKings may move to acquire the company. No confirmation from either DraftKings or Score Media has been made about the potential takeover. BOSTON – Score Media & Gaming … Read more

LSB Feature: How The US Sports Betting Market Stacks Up Against The World

Betting Markets

The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more

Bally’s Announces NBA Partnership, Sportsbook May Launch Summer

Bally's - NBA

Bally’s Corporation has partnered with the NBA to be an official sports betting operator of the league. The Bally Bets sportsbook may launch in summer 2021. The partnership gives Bally access to NBA marks and promotions. PROVIDENCE, R.I. – Bally’s Corporation has announced an official … Read more

Class Action Lawsuit Filed Against FanDuel For Alleged Deception

FanDuel Lawsuit

Andrew Melnick has filed a lawsuit against Betfair Interactive/FanDuel Sportsbook alleging the sports betting provider gave false information on wagers. The lawsuit claims the FanDuel’s live betting odds during NCAA basketball games were inaccurate. Discrepancies between the sportsbook’s information and the actual information in the … Read more

DraftKings Becomes First Official Sportsbook Of The UFC

UF - DraftKings

DraftKings and the UFC have signed an exclusive partnership. The deal will make DraftKings the first official sportsbook and daily fantasy sports (DFS) provider of the UFC. This is a multi-year agreement. LAS VEGAS – The UFC has named DraftKings as their official exclusive sportsbook … Read more

Detroit Pistons Sign Multi-Season Partnership With WynnBET

WynnBET - Detroit Pistons

WynnBET and the Detroit Pistons partner for a multi-season marketing deal. The partnership will see both entities partner for co-branded marketing efforts. With the deal comes Wynn Wednesdays, a new exclusive promotional event on the WynnBET mobile app. DETROIT – WynnBET partners with yet another … Read more

Colorado Rockies Sign Marketing Agreement With Betfred

Colorado Rockies

Betfred Sports has partnered with the Colorado Rockies of the MLB. This is a multi-year marketing agreement. This is the third marketing agreement Betfred has secured in Colorado. LAS VEGAS – The Colorado Rockies have officially signed a multi-year marketing agreement with popular sportsbook Betfred … Read more

NC Sports Betting Closer To Launch Following Federal Approval

Harrah's North Carolina Casino

New compacts between North Carolina and local tribes have been approved by the federal government. This brings North Carolina one step closer to launching legal sports betting. The goal is to launch sports betting in time for March Madness betting. RALEIGH, N.C. – Sports betting … Read more

Delaware Sees Large Sports Betting Revenue Growth In January

Delaware Sports Betting

Delaware saw a 54.6% increase in sports betting activity in January month over month. Local sports betting fans placed $11.7 million in wagers. Delaware Park sportsbook so the most action in January. DOVER, Del. – Sports betting fans in Delaware wagered plenty to start to … Read more

FanDuel Owners Show Biggest Market Share In U.S. Sports Betting

Flutter

FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation. FanDuel pushed US gaming revenue up 81% in 2020. Flutter Entertainments US base is 40% larger than its closest competitor DraftKings. DUBLIN, Ireland – FanDuel has seen … Read more