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Bally Bet Gears Future Sportsbook Rollout on Gamesys Buyout
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In late March of this year, Bally’s Corporation tendered a $3 billion offer to buyout Gamesys. The acquisition of this UK-based online gaming operator was crucial to the company’s expansion plans. This primarily covered its plans to roll out mobile sports betting in the legal US market. The tech team at Bally’s was tasked with…
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DraftKings Makes $1.5 Billion Offer to Buy Golden Nugget Online Gaming
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DraftKings has been able to establish itself as the second biggest sportsbook in the legal US sports betting industry. This is after the site became one of the biggest daily fantasy sports (DFS) in the country. Moving forward, the Boston-based company is now looking to gain a stronger foothold in the legal iGaming market for…
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WynnBET Adds a Very Familiar Brand Ambassador
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The legal US sports betting industry has quickly turned into a highly competitive marketplace. Major players such as FanDuel, DraftKings, and BetMGM have been able to gobble up 80% of the market in less than four years. A host of other legal US operators are using every resource possible to get a piece of the…
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Penn National Gaming Acquires Canadian Sports Betting Firm
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Penn National Gaming is one of the most successful regional gaming and entertainment companies in the US market. Expanding from casinos into the legal sports betting industry, the company struck gold in a partnership with Barstool Sports. After acquiring a significant equity stake in that company, Penn National launched Barstool Sportsbook. While still limited in…
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Hochul, James are Bookies’ Top Picks to be Democratic Nominee for New York Governor
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Four of Top Five Democratic Candidates in Gubernatorial Election are Women Kathy Hochul is the current favorite to be the Democratic nominee in the 2022 New York Gubernatorial Election, according to betting aggregators. Hochul’s odds to win the Democratic nomination are 11/10 (47.6% implied probability), and she’s followed closely by Letitia James, who has 5/2…
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Caesars Entertainment Commits $1 Billion to Rebranded Caesars Sportsbook
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Caesars is in the process of rebranding its William Hill sports betting properties over to Caesars Sportsbook. The Reno-based gaming company acquired the UK sportsbook earlier this year for $3.7 billion. This is part of an effort to consolidate all of the company’s gaming verticals under the Caesars’ brand name. The expansion of legal sports…
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