Sinclair Loses Big On Sports Networks

When Sinclair Broadcasting bought 21 regional sports networks from Disney in 2019, it couldn’t anticipate a global pandemic that would stop most sports and cause revenues to plummet. Many...

Published May 10, 2021

Las Vegas Room Rates to Skyrocket for NFL Draft ‘22

Hotel room rates for Las Vegas strip properties expect to triple for the 2022 NFL draft. Demand expects to be high with capacity predicted at close to 100 percent....

Published May 10, 2021

PointsBet Sportsbook Launches in Michigan

Australian-based sportsbook, PointsBet, has opened up shop offering iGaming options in Michigan. The company expects to enter New Jersey, followed by Pennsylvania and West Virginia.

Published May 10, 2021

Genius Sports Acquires Free-to-Play Platform

Genius Sports has agreed to acquire FanHub Media Holdings, which provides a free-to-play gaming platform, in its first move since going public on the New York Stock Exchange.

Published May 10, 2021

U.K. Telcom Group to Sell Broadcasting Unit

A handful of potential buyers could be in the running to purchase BT Sports from the BT Group. The broadcasting unit of BT has been a financial drain on...

Published May 10, 2021

Fox Bet, Flutter Wrangle Over Valuation

Flutter Entertainment and Fox Bet face arbitration over an acquisition option price. The disagreement has spilled over into a potential FanDuel IPO and the role played by Fox Bet...

Published May 10, 2021

Illinois Lawmakers Consider Sports Betting Changes

Lawmakers in Illinois are mulling changes to the new sports betting law, including allowing in-state collegiate sports wagers. Rep. Mike Zalewski (l.) says the current prohibition limits the marketplace.

Published May 10, 2021

In Illinois, In-Person Registration Remains In Force

Illinois legislators are the last hope to remove the in-person registration requirement for new sports bettors. But lawmakers including Rep. Robert Rita (l.) are reluctant to ax the rule,...

Published May 10, 2021

NBA’s Full-Court Press for NC Sports Betting

The NBA’s Charlotte Hornets are lending their hands-on support to convince lawmakers to expand legal sports betting in the state. The issue has divided residents into pro- and anti-camps.

Published May 10, 2021

Ohio Introduces Sports Betting Bill in Senate

Lawmakers in Ohio began considering state Senator Kirk Schuring’s (l.) sports betting bill, triggering new hearings. The legislation will have to resolve a major issue as to who will...

Published May 10, 2021

Maryland Live! Launches Sports & Social

Cordish Companies has brought its popular Sports & Social concept to its Maryland Live! casino (l.) at Arundel Mills Mall, where the combination sports bar and entertainment center will...

Published May 10, 2021

Churchill Downs Reports Second-Highest Derby Wagering

Handle for the 14-race card including the 147th Kentucky Derby, won by Medina Spirit giving trainer Bob Baffert (l.) his record seventh win, was $233 million, following the record...

Published May 10, 2021

Washington Tribe Agrees to Sports Betting Compact

Two tribes in Washington have now reached sports betting agreements with the state gambling commission. The Suquamish Tribe and the Tulalip Tribe hope to be able to offer sportsbooks...

Published May 10, 2021

Maine Again Mulling Sports Betting

Two years after Governor Janet Mills (l.) vetoed a bill to legalize sports betting, Maine legislators have once again taken up the issue. Proponents think the governor may approve...

Published May 10, 2021

Caesars Will Sell William Hill’s Non-U.S. Assets

Caesars Entertainment will follow through with its promise to sell William Hill assets outside the U.S. The sale of 1,400 shops in the U.K. could fetch $2.1 billion from...

Published May 10, 2021

Two Times a Charm for Federal Sports Betting Tax?

Nevada Congresswoman Dina Titus (l.) has introduced a bill to scrap a tax on sports betting handle that dates back to the early 1950s. It’s her second attempt. This...

Published May 10, 2021

Report: Europe Tops in Suspicious Betting Alerts

In its first-quarter report, the Global Lottery Monitoring System said Europe had the most suspicious betting alerts, with 160 of 323. Asia came in a distant second. Of the...

Published May 3, 2021

DraftKings, LeBatard Make a Deal

Onetime ESPN talker Dan LeBatard (l.) is moving to Meadowlark Media, where he will broadcast his program, “The Dan LeBatard Show with Stugotz,” across multiple media platforms.

Published May 3, 2021

Flutter Gives Up Bond in Kentucky-PokerStars Spat

Flutter Entertainment lost the latest round in its battle with Kentucky over alleged illegal activity by PokerStars. The gaming company had to surrender a $100 million in bonds posted...

Published May 3, 2021

Entain Ups Offer for Tabcorp Division

In its bid to purchase the Wagering & Media arm of Australian gaming giant Tabcorp, Entain has increased its offer from $2.3 billion to $2.7 billion. Tabcorp will evaluate...

Published May 3, 2021