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

BetMGM Launches 11th Mobile Sportsbook In Pennsylvania

BetMGM Sports Betting in Pennsylvania

BetMGM became the 11th mobile sportsbook to launch in Pennsylvania. Sports bettors in the Keystone State can download the app now. BetMGM recently launched its online casino in Pennsylvania earlier in the month. HARRISBURG, Pa. – Sports bettors in Pennsylvania will now be able to … Read more

PA Sports Betting Revenue Rises In November Despite Lower Handle

Pennsylvania Sports Betting App

Pennsylvania sports betting handle hits $491.9 million in November, down 6.4% month-over-month. Revenue increased by 9.9% from October to November to $48.5 million. The NFL schedule played a factor in the lower betting activity in November. HARRISBURG, Pa. – Pennsylvania sports bettors wagered less on … Read more

MGCB Has Awarded 15 Provisional Sports Betting Licenses

Michigan Welcomes Sports Betting

Michiganders will be seeing mobile and internet sportsbooks coming to them in early 2021 as 15 companies have received temporary licenses by the MGCB. Both sportsbooks and iGaming for casino games have been approved for the Wolverine State. DETROIT – The Michigan Gaming Control Board … Read more

Sportsbook Gift Cards Available By Blackhawk Network For Holidays

GameOn - DraftKings

Game On is a sports betting gift card that allows users to fund their sportsbook accounts using money from the gift card. The Game On gift card is available for purchase this holiday season in New Jersey and Pennsylvania. The maximum for any one gift … Read more

MGCB: Online Sportsbooks In Michigan Will Likely Launch In Jan 2021

Michigan Legislature

Michiganders will not see mobile or online sports betting platforms until January 2021. While JCAR waived their 15-day review period for the MGCB, the MGCB has now postponed their December meeting until January. Meetings of the MGCB are where licenses for sportsbook suppliers and operators … Read more

LegalSportsBetting Brief: Revenue Up In Five States 12/1/2020

Sports Betting Handle

Delaware, Nevada, New Hampshire, Oregon, & Rhode Island all recorded bigger handle and revenue for the month of October in their sports betting markets. The Pittsburgh Steelers and the Detroit Pistons entered partnerships with sportsbooks. The Pittsburgh Steelers and the Baltimore Ravens will play on … Read more

BetMGM Now The First Gaming Partner Of The Pittsburgh Steelers

BetMGM - Steelers

BetMGM will now have access to Pittsburgh Steelers promotional materials such as in-stadium signage and various digital and television platforms. Pittsburgh Steelers logos and other assets will now be available for BetMGM to use. The partnership was announced just days before the Pittsburgh Steelers take … Read more