Tag Archives: PASPA

Chris Murphy: Americas Outlook – New & Old worlds will collide in the development of US betting

Four months following the repeal of PASPA, intriguing partnerships have flourished as US and European gambling enterprises form strategic alliances seeking to crack world sports’ biggest market.  Chris Murphy Editor of SBC Americas details US betting’s early movers, and why they will likely collide against old influencers… ________________ Last time we reviewed the newly regulated American sports betting market I described …

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NFL opens to casino advertising with caveats

The NFL is set to allow land-based casino operators the right to sponsor its team franchises, lifting the league’s long-standing ban on gambling advertising/marketing. Last week, NFL Chief Media Officer Brian Rolapp revealed at a business conference that league governance would permit casino advertising during NFL 2018/19 games. The decision to allow casino advertising has been undertaken by the NFL’s …

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Chuck Schumer’s ‘federal framework’ receives mixed reception

US debate and discussion has expanded with regards to developing a ‘federal sports betting framework’, following Democratic Party Senate Leader Chuck Schumer’s proposal of an initial mandate. One of the highest ranking Democrats, Schumer leads party policy development as leader of the ‘Senate Democrat Committee’. On Wednesday, Schumer unveiled to ESPN a memo which proposed initial provisions for the development …

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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

US - Copyright: stillfx / 123RF Stock Photo

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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