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MGM shareholder IAC outlines support for Entain deal
InterActive Corp (IAC), MGM Resorts International’s largest shareholder, has pledged to contribute up to $1bn towards the land-based giant’s bid to acquire its BetMGM joint venture…
Lawmakers set out competing sports betting proposals in New York
Senator Joseph Addabbo and Assemblymember Gary Pretlow have put forward a new proposal to regulate mobile sports betting in New York, days after Governor Andrew…
BetRivers signs NBA and NFL legends as brand ambassadors
New York Stock Exchange-listed betting and igaming operator Rush Street Interactive (RSI) has signed up former National Football League (NFL) player Jerome Bettis and National…
DraftKings signs partnership with Drone Racing League
DraftKings has been named the official sports betting partner of the Drone Racing League (DRL). As the official sports betting partner of the league, DraftKings…
BCLC: Banks can play a leading role in harm prevention efforts
Canadian provincial lottery operator the British Columbia Lottery Corporation (BCLC) has issued a call for greater co-operation between the gambling industry and financial institutions to…
Playtika launches $1.67bn initial public offering
Social gaming giant Playtika has launched its long-awaited initial public offering, with plans to sell 69.5m shares and raise up to $1.67bn. The business itself…
Iowa breaks handle record for fourth straight month in December
Sports betting revenue declined month-on-month in December 2020 but was up 159.9% year-on-year, as stakes hit a record high for the fourth consecutive month thanks…
Las Vegas Sands’ Adelson takes medical leave of absence
Las Vegas Sands chairman and chief executive Sheldon Adelson will take a medical leave of absence after resuming undergoing treatment for non-Hodgkin’s lymphoma, with president…
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Read now!Billionaire Moelis funds new SPAC with eye on gaming sector
Investment banking billionaire Ken Moelis has founded a new special purpose acquisition company (SPAC), Atlas Crest Investment II, which will seek to merge with a…
MGM Resorts names Halkyard as new finance chief
Casino giant MGM Resorts International has appointed Jonathan Halkyard as its new chief financial officer. Halkyard will succeed Corey Sanders, who returns to the role…
CT Governor throws support behind legal betting and igaming
Connecticut Governor Ned Lamont has followed his New York counterpart Andrew Cuomo in voicing his support for legal sports betting and online gambling. Giving his…
Covid-19 disruption pushes DE sports betting revenue down in 2020
Sports betting revenue in Delaware fell 32.8% year-on-year in 2020 to $8.4m, as the state felt the impact of the suspension of activities due to…
Report: NY Governor changes track on mobile wagering
New York’s Governor, Andrew Cuomo, has is expected to announce his support for legal mobile sports betting, marking a major shift in his approach to the product.…
Cordish to open new Pennsylvania casino on January 19
Real estate and entertainment business Cordish Companies has announced that it is to open its new Live! Casino & Hotel Philadelphia venue in Pennsylvania on…
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