The Bally’s casino brand will live on after Twin River Holdings purchased the iconic brand from Caesars Entertainment for $20 million. According to the New York Post, Twin River is going all-in on the Bally’s brand, including updating its ticker from TRWH to a name reflective of Bally’s.
BetMGM Sportsbook expanded its parlay betting features with the launch of Parlay Builder by Betgenius.
One of the hottest topics on my Twitter timeline is Barstool Sports. The launch of the Barstool Sportsbook has been the talk of social media, particularly the company’s approach (or seeming lack thereof) to responsible gambling.
The Caesars-William Hill deal crystallizes the interest European sports betting operators have in the US market. The new owners of William Hill (pending regulatory approval) have already made it plain that the UK and international operations are of little interest. Caesars has stated it will offload non-US assets as soon as it finds a suitable…
Caesars Entertainment won a bidding war for UK bookmaker William Hill. According to the press release, Caesars will purchase William Hill for $3.7 billion, with the deal expected to close sometime in H2 2021, pending regulatory approval.
This is Part 2 of our two-part interview with Smarkets CEO Jason Trost. In Part 1, the conversation focused on Smarkets experience in the US. In this installment, Trost offers up his opinions on the possibility of offshore sports betting operators entering the legal US sports betting space.
This article is Part 1 of a two-part interview with Smarkets CEO Jason Trost. The outspoken CEO doesn’t pull any punches when it comes to shortcomings in the legal US sports betting markets or the current attempts to legitimize offshore sports betting sites.
How do you parlay a $39m bet into a $4bn-plus return? Simple. Go back to April 2011 and buy a couple of Nevada sportsbooks (and then top it up with another buyout a month later) and wait for the tides of history – in this instance, the repeal of PASPA – to roll along seven…
The launch of the Barstool Sports betting app didn’t disappoint. Based on the early metrics, the app seems to have lived up to the hype during its debut.
A prominent disconnect between how regulated sports betting and online gambling is viewed in the US versus current perceptions in Europe emerged during the lockdown period.
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