MGM Resorts Ends Talks For Entain Plc Takeover

MGM Grand

MGM Resorts initially offered to buyout Entain Plc for $11.1 billion. IAC, and MGM Resorts Investor, offered an extra billion dollars to the deal. Entain, formerly known as GVC Holdings, has a joint venture with MGM for the online betting platform BetMGM. LAS VEGAS – … Read more

Nine Online Sportsbooks In Michigan Will Launch On Friday

Online Sports Betting

Michigan will have nine mobile and internet sportsbooks launch on Friday at noon for gambling on sporting events. Not only will Michiganders be able to gamble on sports, but they will also have access to casino gaming options with almost all of the same platforms. … Read more

LegalSportsBetting Brief: Governors Advocate For Sports Betting 1/12/2021

Sports Betting Board

New York, Connecticut, and Kentucky Governors all want to see some form of legal sports betting for their states in 2021. Puerto Rico has introduced a bill to launch their legal sports wagering industry that was made legal two years ago while Massachusetts will be … Read more

The Washington Nationals Partner With BetMGM In Multi-Year Deal

Washington Nationals - BetMGM

The Washington Nationals now have a sportsbook to call their own in BetMGM. BetMGM will offer the Nationals a mobile sports betting application as well as an open venue in Nationals Park to gamble during the games. WASHINGTON – The Washington Nationals now have an … Read more

LegalSportsBetting Brief: Iowa Has Remote Registration 1/5/2021

Iowa Sportsbook

Iowa now allows residents the opportunity to remotely join sportsbooks in 2021 and two new operators, PointsBet and BetMGM have entered their market. William Hill now has a mobile sportsbook application available in Washington, DC to go along with their retail venue at the Capital … Read more

BetMGM, PointsBet Launch Online Sportsbooks In Iowa

BetMGM - PointsBet

BetMGM and PointsBet launched mobile sportsbooks in Iowa. Through MGM Resorts, Iowa players can earn rewards for complimentary hotels and dinners while using the BetMGM mobile app. Both apps are available to download and their websites are accessible by Iowa sports bettors. DES MOINES, Iowa … Read more

Entain Plc Rejects MGM’s $11 Billion Take Over Attempt

entain-mgm

Entain Plc will remain independent from MGM Resorts. MGM’s offer to take over Entain Plc was valued at $11.1 billion. Entain Plc claims that the amount offered to them undervalued the company. LAS VEGAS – Entain Plc has formally dismissed an $11.1 billion takeover attempt … Read more

LegalSportsBetting Brief: Ohio Fails To Pass Sports Betting In Session 12/30/2020

Ohio Sport Betting Legislation Fail

The Philadelphia 76ers and BetMGM have partnered and FanDuel Sportsbook entered a partnership with WarnerMedia’s Turner Sports. Ohio’s Legislature has adjourned for 2020 without passing Sub. SB 111 that would have allowed legal sportsbooks in the state. Alabama, Florida, and Georgia are all in talks … Read more

76ers Announces Sports Betting Partnership With BetMGM

BetMGM - Philadelphia 76ers

BetMGM has become an official sports betting partner of the Philadelphia 76ers. BetMGM was recently launched in Pennsylvania. The sportsbook will be allowed to use the team’s logos and have BetMGM’s logo displayed during games. PHILADELPHIA – BetMGM has been announced as an official partner … Read more

LegalSportsBetting Brief: NC To Launch Sportsbooks Next Year 12/22/2020

Governor Roy Cooper

North Carolina will have legal sports betting launch in 2021 at both Harrah’s locations in the state. Tribes in California received the required number of signatures to get legal sports wagering on the November 2022 ballot while Ohio continues to try for sports wagering legalization … Read more

LSB Feature: The Rise And Potential Fall Of Proxy Betting

Proxy Betting

Proxy betting has been a staple in the gambling space for many years. With more states legalizing sports betting, the need for proxy bettors has decreased. DraftKings recently froze a bettors account for using a proxy to place a $3 million wager. LAS VEGAS – … Read more