Endeavor is selling OpenBet and IMG Arena to OB Global Holdings LLC in a blockbuster $450 million deal. It's a big move that shows the challenges, and promise, of US-facing sports betting properties. The OpenBet deal is a management buyout that's backed by Ariel Emanuel with the participation of OpenBet CEO Jordan Levin. A management…
The Pechanga Resort and Casino is partnering with the Venetian Resort Las Vegas in a unique crossover deal that's making history in the tribal gaming world. Based in Temecula, California, the Pechangas are one of the most powerful tribes in the gaming world and their deal with the Venetian marks the first time a tribal…
The Betting and Gaming Council (BGC) is launching a Code Handbook for operators that includes 20 codes and 100 measures aimed at creating a safer environment for players. Released as part of the BGC's fifth anniversary, the Handbook brings together every voluntary measure the group's members commit to in their efforts to raise standards industry…
As the battle for regulated sports betting in Missouri enters its final days and hours, the mayors of the Show-Me State's biggest cities are endorsing the bill. Kansas City Mayor Quinton Jones and St. Louis Mayor Tishaura Jones both endorsed Amendment 2 this weekend in a joint statement. If passed into law, Amendment 2 would…
One of the big advantages ESPN had when it launched ESPN Bet with PENN Entertainment was that it could take advantage of a massive number of potential players who already had ESPN.com accounts. That dream came true last week when the sports broadcasting giant announced that players can now link their ESPN and ESPN Bet…
As Americans become more comfortable with regulated sports betting the parlay has emerged as one of their most popular betting options. That love of a string of connected wagers has been great news for operators like BetMGM, who announced in a recent earnings call that they've seen a 200 percent increase in NFL parlays this…
Unlicensed lotteries and sweepstakes were the focus of a recent online educational series hosted by the American Gaming Association (AGA) as regulated operators struggle to compete with their unregulated competitors. The event was hosted by AGA Senior Vice President Chris Cylke and Indian Gaming Association (IGA) conference chair Victor Rocha and IGA executive director Jason…
Are certain NFL prop bets more prone to corruption than others? If a recent decision by the Illinois Gaming Board (IGB) to temporarily ban ten "harmful" props, at the behest of the NFL, is any indication - that may well be the case. The ruling, which went into effect on October 24, was approved by…
bet365 is a gaming operator that knows that it's always a good idea to root for the home team. That's one of the reasons of the reasons they just signed a sponsorship deal with the Denver Nuggets basketball team and Colorado Avalanche hockey team. Both teams are based in Denver, where bet365 is opening a…
The life of a gaming industry executive is nothing if not a tremendous balancing act. In today's market, casino executives must do a delicate dance that involves engaging customers both online and at land-based casinos. Gaming companies that emphasize one of these markets too much are in danger of starving the other. Ignore one of…
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