US news sources have reported that the NBA (basketball) and MLB (baseball) leagues will move to divest their respective stakes in daily fantasy sports (DFS) operators’ DraftKings and FanDuel. In 2015 the MLB had participated in a $300 million investment round, backing DraftKings enterprise as official ‘MLB Fantasy Sports Partner’. The NBA acquired its stake in FanDuel, supporting the DFS …
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Sportradar’s Neale Deeley spoke to SBC News about the potential of a legalised sports betting market in the US, which he says has been both “overestimated” in terms of how quickly it can all become real, and “underestimated” in relation to the size of each state. For example, he notes that people know about California’s huge economy, but don’t realise that …
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BT Sport has announced that later this year it plans on launching BT Sport Box Office, a pay-per-view channel which will be available on BT TV and the Sky platform. This season, BT Sport retained the rights to Premier League football for a further three years, however, it appears unlikely for now that football coverage will be affected by the …
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Showcasing an appetite for expansive and varied sponsorship deals, the National Basketball Association (NBA) recently signed a groundbreaking partnership with YouTube TV, making it the first-ever presenting partner of the NBA Finals. In a multiyear partnership, that Wendell Scott, Senior Vice President, Multimedia Sales, ESPN described as “creative and innovative”, YouTube TV will be the presenting partner of The Finals …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Gambling and gender – what crisis? Gambling has been on the wrong side of practically every issue recently, especially in the UK. Entirely separately to gambling’s regular whipping, there has been …
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The American Gaming Association (AGA) has estimated that in excess of $10bn will be wagered by Americans in the upcoming 2018 NCAA men’s basketball tournament. Of that figure, however, only $300m, representing around 3 percent, will be wagered legally through Nevada sportsbooks, with it stated that “failed federal prohibition [is] making common criminals of millions of Americans.” In addition, it …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: 2017 Participation statistics – profound structural change continues The latest Gambling Commission Participation Data demonstrates a GB sector continuing to evolve along relatively established lines. There are few …
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With the growth of the US sports betting space becoming a more realistic possibility, operators are left questioning the best methods to fully unlock the potential of the US market. Speaking to SBC the Co-founder and CEO of Chalkline Sports, Daniel Kustelski analysed the US market and what is likely to be the most efficient approach for operators as they enter …
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ESPN Sports Business Analyst Darren Rovell has published a brief transcript taken from a media Q&A with NBA Chief Commissioner Adam Silver during the league’s union address. Commissioner Silver was asked for clarity on the 1% fee which NBA league executives are reported to want to implement, should licensed sports betting be legalised by the US Supreme Court of Justice. …
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Sports betting within the USA is an issue that has been long debated, and will continue to be done so until the culmination of the ongoing Christie v NCAA case, and most likely well beyond. It was no surprise to see it debated in varying degrees at last weeks ICE London, with Dan Wallach, shareholder at Becker and Poliakoff, getting …
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