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Fanatics Follows Through on Expected PointsBet Acquisition

May 16, 2023 | By: Chav Vasilev

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 […]

MSG Sphere: Will the Payoff be Worth the Investment?

May 15, 2023 | By: Chav Vasilev

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

May 15, 2023 | By: Alex Weldon

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

May 15, 2023 | By: Alex Weldon

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

May 12, 2023 | By: Robyn McNeil

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 […]

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