Fanatics Follows Through on Expected PointsBet Acquisition
Sports apparel company Fanatics has agreed to purchase the US assets of Australian gaming operator PointsBet. The deal is worth $150 million in cash, pending investor and regulatory approval. Currently, Fanatics is beta-testing an online sportsbook in Ohio and Tennessee. Additionally, it operates a retail sportsbook in Maryland and has a license in Massachusetts, where […]
Jay-Z’s Roc Nation Asks New Yorkers To Support Times Square Casino
Jay-Z has 99 problems, but a Times Square casino ain’t one. If the Roc Nation (RN) founder gets his way, the bid for Caesars Palace Times Square will win a coveted New York downstate casino license. In a recent open letter, RN argued the benefits of the Times Square proposal and urged public support. “This […]
MSG Sphere: Will the Payoff be Worth the Investment?
Sphere Entertainment Co. is projecting even more cost overruns for the MSG Sphere, set to open in Las Vegas later this year. Its latest quarterly financial results show that the company has spent $2.08 billion on the project, which is 73% more than the original budget. That initial $1.2 billion projection has been upped repeatedly. As […]
‘This is a Red State’ – Blind Partisanship Extinguishes Hopes for Texas Sports Betting
The Texas sports betting legislation that passed in the House of Representatives last week won’t get heard in the Senate, says Lieutenant-Governor Dan Patrick. It’s the latest gambling expansion effort to fall victim to partisan politics. Patrick said the two-part legislative package – consisting of a bill and a joint resolution for a constitutional amendment – won’t […]
Poker Legend Doyle Brunson Dies, Aged 89
According to his family, the legendary Doyle Brunson passed away over the weekend. He was 89 years old and would have celebrated his 90th birthday in August. No cause of death has been revealed. His longevity was as impressive as his performance over the felt, with “Texas Dolly” having already survived four surgeries in a battle with […]
Entain Reshapes Board to Support Goals of Diversity, Social Responsibility
Entain has announced changes to its board to improve its effectiveness, boost “people engagement,” and maximize corporate sustainability efforts. The shift involves the formation of two new committees to help the company reach its corporate social responsibility (CSR) goals. The move from Entain () is the latest effort from the global sports betting, gaming, and […]
Texas Sports Betting Heads to Senate, Then Perhaps to Voters
A Texas sports betting bill that calls for a Nov. 7 ballot measure to amend the Texas Constitution received House approval on May 11. HJR102 moves to the Senate next. However, if that chamber also approves the bill, it bypasses the governor due to the need for a vote in the state with 31 million residents. […]
Bill Aims to Include Texas Tribes Under Indian Gaming Regulatory Act
Texas tribes may soon benefit from inclusion under the Indian Gaming Regulatory Act (IGRA). US Rep. Morgan Luttrell introduced a bill to ensure all federally recognized tribes eligible for gaming activities are regulated under the IGRA. Luttrell, R-Texas, introduced HR2873, or the Tribal Gaming Regulatory Compliance Act (TGRCA), in the House in late April. He […]
Colorado House Controversially Passes Casino Line Of Credit Bill After Last-Minute Vote Switch
In a controversial and surprising sequence of events, the Colorado House passed a bill allowing casinos to offer lines of credit to customers. SB23-259 had seemed to fail with a vote of 31-34, but one “nay” voter requested a do-over. The bill then passed narrowly by a margin of 33-32. That led to an uproar […]
Bonus Q&A: Mary Kay Bean on Her Retirement From the MGCB
Mary Kay Bean is leaving. For those of us at Bonus, her retirement on June 1 from the Michigan Gaming Control Board (MGCB) is momentous. The communications specialist has been the face and voice of the regulator in one of the most important US online casino marketplaces. So we decided to interview her before she […]
