The newly formed Vegas Golden Knights have gone from last to first in the betting across the season and are now one series away from the most unlikely of Stanley Cup victories. Many American sports teams go through long droughts before they achieve success, with the Chicago Cubs enduring 108 years before breaking their streak, this could be the reason …
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Comcast’s Brian Roberts eyes explosive takeover of 21st Century Fox
Brain L Roberts the Chairman and Chief Executive of US telecoms and media giant Comcast has made a power play move for 21st Century Fox assets, challenging the agreed $52 billion deal between Rupert Murdoch and Walt Disney Co. Valued at $200 billion, Comcast the US’ largest cable operator and internet services provider is set to propose an alternative ‘all …
Read More »Sportech pushes forward on its ‘America First’ growth strategy
The governance of London-listed betting and racing systems provider, Sportech Plc, has detailed that it will prioritise expanding its US commercial pipeline and stateside projects as the firm’s principal objectives for 2018 trading. Updating investors at Sportech’s Annual General Meeting (AGM), Group Chief Executive Andrew Gaughan detailed 2018 corporate priorities. Having an established presence within 37 US states, Sportech governance …
Read More »Paddy Power Betfair forms new US entity with FanDuel
FTSE100 betting group Paddy Power Betfair (PPB), has confirmed that it will create a new US-facing subsidiary, joining forces with daily fantasy sports operator FanDuel. Updating the market this afternoon, PPB governance confirms that it will merge its Betfair US division with FanDuel’s enterprise, as the company seeks to accelerate its position within the newly opened US market. The new …
Read More »Metric and Nektan to provide turnkey US sports betting solution
Metric Gaming and Nektan have joined forces to provide a turnkey horse racing and sports betting solution for the US market. These services will be offered through the Rapid Games™ platform from Respin LLC, Nektan’s US operating subsidiary. Rapid Games is the US casino gaming industry’s only independently certified Class II and Class III On-Premises mobile platform. Integrating to Rapid, a server-based …
Read More »SBC coming to America with Betting on Sports conference
Sports betting specialist SBC Events, organiser of global conferences Betting on Football and Betting on Sports, is bringing its expertise to America in order to help the gambling industry explore the opportunities afforded by the Supreme Court’s repealing of PASPA restrictions on the betting industry. Betting on Sports America is a two day conference which will be held on 24-25 …
Read More »NFL’s Roger Goodell sets out ‘4 Key Principles’ for US betting
NFL Chief Commissioner Roger Goodell has issued an official statement, on the pro-league’s position with regards to US betting, following last week’s Supreme Court repeal of PASPA’s federal mandate. Goodell and the NFL have been amongst the staunchest opponents of US licensed sports betting, defending the league’s anti-gambling stance on the basis of protecting the sport’s integrity and preventing harm to …
Read More »Paddy Power Betfair appoints legal leads for FanDuel buyout
FTSE100 betting group Paddy Power Betfair (PPB), has confirmed the appointment of London law firm Freshfields Bruckhaus Deringer as its lead legal advisor in its pursuit of US-facing DFS operator FanDuel. This week PPB governance confirmed industry rumours that the company was seeking to acquire New York-based DFS operator FanDuel, following the Supreme Court’s repeal of PASPA’s federal mandate. The …
Read More »US offers UK bookies solace after FOBT blow
As the decision was made by the US Supreme Court to overturn PASPA, no sooner had British operators commenced celebrating, than they upped the ante on their plans to tap into the US market. The incentive to break the US market will have only been enhanced by the government’s decision to reduce the maximum stake of FOBTs to just £2, …
Read More »Kambi and Rush Street Interactive reach sportsbook agreement
Kambi has signed a multi-year deal to provide its sportsbook and innovative technology to Rush Street Interactive, following the decision by the United States Supreme Court to fully repeal the country’s federal sports betting ban. Launching within selected states where permitted, the deal covers the provision of online and retail services, in addition to stretching to markets outside of the …
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