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Business
June 20, 2022
SIG Sports Purchases 12.8% Of PointsBet
PointsBet has landed an AU$94.2 million ($65.75 million) investment from Sports Investment Corp. With this development, SIG Sports has agreed to purchase 38.75 million shares from PointsBet at a price of AU$2.43 ($1.7) and thus, gain a 12.8% stake in the company. The deal comes just a week after PointsBet turned down an acquisition offer […]
Business
June 20, 2022
ParlayBay Brings Dedicated Content to INDIBET
Sports betting titles provider ParlayBay has teamed up with INDIBET, an established sports betting brand with a global reach that focuses on cricket exclusively. The INDIBET website does have dedicated sportsbook facilities for a broader range of experiences. ParlayBay CEO Patrick Nordwall welcomed the opportunity: INDIBET is the perfect partner for us to release our […]
Sports
June 20, 2022
Netball Australia Strapped for Cash, Gambling Ads Possible Solution
Struggling with a reported debt and loss of around $11 million, the Australian Netball league might turn to more non-sporting commercial opportunities, including starting to accept gambling advertisements and sponsorships. Bad Financials Grow, Gambling Ads Might Help It’s been six years since the split in Trans-Tasman Netball League, aka the ANZ Championship, which gave birth […]
Sports
June 20, 2022
Gambling Market Players Fight for Californians’ Votes on Sports Betting
Californians are going to decide on the legalization of sports gambling in November and two opposing ad campaigns are fighting for their votes. One proposed measure will allow online sports betting, while the other will limit sports gambling to the brick-and-mortar tribal casinos and race tracks. Fierce Fight Among Various Players in the Californian Gambling […]
Business
June 18, 2022
BetMGM Expands Betting and Gaming Operations to Carnival
A top three betting and gaming operator in the US is teaming with one of the largest cruise ship operators to provide retail and mobile gaming to cruise ship guests. Phased Rollout to US-Branded Carnival Ships BetMGM, one of the leading three sports betting and gaming operators in the US, alongside DraftKings and FanDuel, announced […]
Business
June 18, 2022
Betsson AB Placed €90m in New Senior Unsecured Bonds
Swedish-based gambling group Betsson AB announced this week it has managed to successfully place new senior unsecured bonds in the amount of €90 million ($94.23 million). Institutional Investor Interest The new bonds issued by Betsson AB are under a framework of up to €250 million ($261.75 million), have a tenor of three years, and bear […]
Industry
June 17, 2022
MLB Welcomes OLG as Official Betting Partner
The Ontario Lottery and Gaming Corporation, the province’s government-owned operator, has inked a multi-year agreement with Major League Baseball, a professional baseball organization. The agreement will see OLG as the league’s official betting partner. OLG Teamed Up with the MLB This deal is notably MLB’s first sports betting partnership in Ontario. Thanks to it, OLG’s […]
Sports
June 17, 2022
SEC Commissioner Addresses the Unprecedented Spread of College Sports Gambling
Greg Sankey, an SEC Commissioner, discussed the impact of sports betting during an Associated Press Sports Editors (APSE) summer conference. The high-ranking college athletics official drew attention to the fact that an increasing number of sports have become the target of gambling. Sports Betting Is Quickly Spreading in Both Volume and Scope Sankey reported that […]
Legal
June 17, 2022
North Carolina Sees Two Bills Make Dash for Sports Gambling Regulation
North Carolina is looking closer at its sports gambling industry. Two complementary bills will take a crack at clearing the legislature and finally making it to the governor’s office. Both stand a good chance of making the finishing line, and they are expected to make progress together, as they are planned with specific synergies and […]
Sports
June 17, 2022
Seattle Sounders vs Los Angeles FC MLS Odds, Time, and Prediction
Probably the most interesting of all ten MLS duels scheduled for Saturday, June 18, is the one taking place at Lumen Field in Seattle. That’s where the Seattle Sounders will welcome Los Angeles FC. Our prediction for this game is that it’s going to be a real barnburner, but which team will be the happier […]
