Industry
August 31, 2021
A New Sports Betting ETF Is Looking for a Way to Get on NASDAQ
There are different ways to gamble on sports and some don’t require wagers to be directly placed on games. The Roundhill Sports Betting & iGaming exchange-traded fund (ETF) has seen a decent amount of success since it was first introduced last year and another company is hoping to follow suit. ETF Series Solutions (ESS) has […]
Industry
August 30, 2021
ESPN Looks for $3B in Sports Betting Deal
ESPN is actively seeking to enter the sports betting space by selling its brand to sportsbook operators, a report in The Wall Street Journal speculates. ESPN Naming Rights Valued at $3 Billion ESPN, the sports media giant owned by Walt Disney, held talks with major operators DraftKings and Caesars Entertainment, looking to license its brand […]
Business
August 30, 2021
Caesars Entertainment Holds 24.5% Stake at NeoGames
A Schedule 13G filing with the Securities and Exchange Commission (SEC) revealed Caesars Entertainment acquired a significant stake in iLottery provider NeoGames. Stake in NeoGames The SEC filing revealed that Friday, Caesars acquired 6.12 million shares of the Israeli company as part of the multi-billion acquisition of William Hill, having a 24.5% stake in NeoGames’ […]
Sports
August 30, 2021
Odds for Jake Paul’s Next Opponent Following Win against Tyron Woodley
Tyron Woodley lost his fight against Jake Paul on Sunday last week. Now, the question is who Paul, aka The Problem Child, will face next. Winning against Woodley marked Paul’s fourth win as he keeps his record clean with no losses. Jake Paul Wins against Tyron Woodley An exciting pay-per-view fight took place Sunday. The […]
Casino
August 30, 2021
California and Six of Its Tribes Sign New Gaming Compacts
Last Tuesday, August 24, the Governor of California, Gavin Newsom, announced that he had signed new tribal-state gaming compacts with six of the local tribes. According to Newsom himself, the compacts display the concerned bodies’ commitment to create and maintain resilient and amicable relations, push for developments in the tribal economy and self-sufficiency, and establish a strong […]
Industry
August 30, 2021
SeventySix Capital Joins AGA’s Efforts in Promoting Responsible Gaming
SeventySix Capital has joined the Have a Game Plan, Bet Responsibly campaign by the American Gaming Association (AGA), the company announced on Monday. This marks the first time when an investment firm joins the public service campaign by AGA, meaning that the sports tech firm based in Conshohocken, PA, has managed to write history. Wayne […]
Sports
August 30, 2021
Simplebet Secures $30m from Jake Paul’s Anti Fund
Only days after breaking ground with DraftKings and introducing a micro-betting market for the platform, Simplebet has posted another piece of big news. The company has secured $30 million in additional funding from the Anti Fund, an investment vessel associated with Jake Paul and Geoffrey Woo. Paul, who started as a controversial lifestyle Twitch and YouTube streamer, has switched to […]
Casino
August 30, 2021
Oaklawn Racing Casino Resort Increases Salaries for Vaccinated Employees
As vaccination efforts have been going at full bore in the US, most businesses have fallen in line with a pro-vaccination stance. While few have discriminated outright against unvaccinated employees, the benefits for those choosing to vaccinate have increased. Oaklawn Racing Casino Resort is one of the gaming businesses that seeks to encourage the type […]
Industry
August 30, 2021
WynnBET Enters Arizona, Regulator Allocates Event Wagering Licenses
Under a strategic agreement with the San Carlos Apache Tribal Gaming Enterprise, WynnBET entered the regulated market in Arizona on Friday last week. On the same day, the state regulator revealed that it had granted 18 event wagering licenses. The Arizona Department of Gaming also launched fantasy sports contests on Saturday, August 28, 2021. WynnBET […]
Sports
August 30, 2021
NFL’s Acceptance of Gambling Gets It $270m in Projected Revenues
The National Football League announced that it expects its revenue from deals with betting operators and casinos to reach around $270 million for the year. This number may swell to as high as $1 billion by the end of the 20s, according to NFL’s vice president, Christopher Halpin, who detailed the developments for the Washington Post. Warming Up Towards Sports […]