Tag Archives: PASPA

Oryx Gaming set to acquired by Breaking Data Corp in €7.5m deal

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GIVEMESPORT owners Breaking Data Corp has revealed plans to make a strategic manoeuvre into the betting and gaming world, via the strategic acquisition of Oryx Gaming for €7.5m. Renaming the firm Bragg Gaming Group upon completion, ex-NetPlay TV Chief Financial Officer Akshay Kumar is set to be brought in to occupy a similar role, as Breaking Data plans to leverage …

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Nigel Eccles sues Paddy Power Betfair for ‘purposely undervaluing’ FanDuel

US Tech news source Recode has reported that FanDuel enterprise co-founder Nigel Eccles (former CEO) is preparing to take Paddy Power Betfair (PPB) to court, regarding its $465 million takeover of FanDuel completed in July 2018. Eccles representatives have filed a Scottish court order against PPB, representing four of FanDuel’s enterprise co-founders; Nigel Eccles, wife Lesley Eccles (former CMO), Tom …

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AGA places ‘responsibility first’ in new Code of Conduct

US industry trade body The American Gaming Association (AGA) has updated its ‘Code of Conduct’ mandate placing a higher emphasis on stakeholder social responsibility obligations, as the US gambling market expands post PASPA. AGA governance presented the updated code at the ‘Responsible Gaming Education Week – Las Vegas’ event, which featured representatives from the University of Las Vegas, BMM Testlabs, …

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Winning Post – Deals continue to be secured in the US market

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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. US: post PASPA positioning – first mover advantage? It has been a very busy week of deal-making, launches and planning in the US, as well as the Q2 reporting season. The biggest …

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Kambi unites with DraftKings to create US sports betting history

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In a historic move, following the launch of the Kambi-powered DraftKings Sportsbook, New Jersey punters have for the first time, been able to place online wagers in the post-PASPA U.S. market. Yesterday’s ground-breaking launch comes after Kambi and DraftKings, along with DraftKings’ land-based licensing partner Resorts Casino, were approved for an online sports betting Transactional Waiver from the New Jersey Division of …

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GVC Holdings to unveil ‘MGM Masterstroke’ next week

Sky News has this morning reported that FTSE-listed gambling group GVC Holdings is set to unveil it’s $/£ multi-million US strategic partnership with MGM Resorts International next week. According to city insiders, GVC governance is finalising plans on a long-term 50-50 joint venture with MGM Resorts, considered the US’ largest casino operator. Both parties will commit an initial $100 million …

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NCAA sets up integrity panel to asses impact of betting post PASPA

Seeking to maintain the integrity of its amateur competitions and further protect its competing athletes, the National Collegiate Athletic Association (NCAA) will launch a study into US sports betting post-PASPA. The governing body of US college sports will develop an advisory panel of experts examining the effects of betting throughout US sports value chain, focusing on ‘how best to protect …

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SBTech in further US growth following Golden Nugget agreement

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SBTech has announced the latest stage of its expansion strategies within the US, after signing a “landmark” partnership with US casino giant Golden Nugget Casinos. Confirmed as the omni-channel sports betting supplier to Golden Nugget, the deal covers its operations in Biloxi, Mississippi and Atlantic City, New Jersey, where it is “the No.1 online casino operator by market share”. Regarding …

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Sportradar and AmTote agree sports betting data deal

US bet-processing firm AmTote has landed a deal with sports data provider Sportradar, giving its customers the ability to offer fixed-odds sports betting. The deal between the two firms has emerged on the back of the repeal of PASPA, and will see Sportradar provide the Maryland-headquartered firm with sports betting data and “managed trading services”. Sportradar’s solution will allow The …

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Betting on Sports 2018 “a unique opportunity” for the PGA TOUR

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The changing landscape of sports betting across the USA has been long debated by many quarters, since that monumental day on May 14, when the US Supreme Court found in favour of New Jersey and repealed the Professional and Amateur Sports Protection Act (PASPA). As the writing, debate and speculation continues, acquisitions are made and new relationships formed, while the …

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