Entain Plc faces a shareholder clash in its £250 million pursuit to acquire leading Baltics online gambling group Enlabs AB. Texas hedge fund Alta Fox Capital Management, the owner of 3.3% of Enlabs shareholding, has said that it will refuse to sell any shares to Entain at the recommended offer of SEK 40 (£3.50) per share. Led by US investor …
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College OTT FloSports secures Gold Cup coverage with HBA Media
Texas-based OTT Platform FloSports.tv (FloSports) is set to significantly increase its international horseracing content after securing a premier package agreement with HBA Media. The Austin-based streaming service has secured a media package covering international racing’s most valuable events, including the $20 million Saudi Cup, the Dubai Racing World Cup, Cheltenham Festival’s Gold Cup and Australia’s Turf Club’s Golden Slipper race. FloSports …
Read More »Power Play! William Hill & IGT partner targeting US lottery betting contracts
William Hill US and International Game Technology (IGT) have confirmed that they have entered a ‘multi-year agreement’, seeking to deliver sports betting provisions to US state licensed lottery incumbents. The alliance sees FTSE250 William Hill partner with IGT the leading technology systems supplier for North American lotteries. Last August, both organisations partnered to provide a ‘full-service sports betting solution’ for …
Read More »FanDuel will leave Texas in May but DraftKings will fight on
The latest in the saga that is the daily fantasy sports legal battles in the States is that FanDuel will be leaving Texas in May, whilst DraftKings has decided to continue to fight for the legal recognition of its paid DFS contests in the state. This is particularly big news as Texas is responsible for a significant chunk of DFS …
Read More »Texas AG deems DFS games to be illegal
The beginning of 2016, sees a further setback for leading daily fantasy sports (DFS) operators’ FanDuel and DraftKings, following the announcement by Texas Attorney General Ken Paxton that deems DFS to be an illegal game of chance in the Lone Star state. Responding to a query put forward by the Texas House of Representatives Committee on Public Health, debating the legality …
Read More »Sportech wins Chickasaw Nation racetrack supplier contracts
Sportech Racing has furthered its presence in the US market, by announcing that it will become wagering technology and services supplier for Remington Park (Oklahoma) and Lone Star Park Racetrack (Texas). The racetrack agreements have been formed under a new partnership with racing operator Chickasaw Nation Global Gaming. Sportech is set to provide its comprehensive suite of pari-mutuel betting services …
Read More »Budget standoff threatens Texas Racing
The Texas Racing Commission (TRC) has reached a legislative deal for funding to be granted by the state for the next three months, allowing for state race and dog tracks to re-open. However racing operations in Texas remain under threat regarding a standoff over long term funding. On Tuesday evening, Governor Dan Patrick approved the Legislative Budget Board to release …
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