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DraftKings Rumored Deal with ESPN Sends Stocks Soaring

DraftKings' stock prices soared 14 percent in overnight trading after unconfirmed rumors of a new partnership with ESPN hit the internet. The overnight price leap came after Bloomberg published a report saying that the two companies had entered into the arrangement based on "reports from people familiar with the matter." From there everything else is…

DraftKings ‘Pink ‘Em’ Initiative Raising Cash for Breast Cancer Research

October is Breast Cancer Awareness Month and DraftKings is getting on the action by re-launching its "Pink 'Em" charity initiative in association with the Larry Fitzgerald Foundation. The aim of the initiative is to raise $100,000 for breast cancer research and awareness initiatives. Pink 'Em is, as the name implies, connected to a group of…

MLB Partners with AGA to Combat Problem Gambling

Major League Baseball (MLB) is teaming up with the American Gaming Association (AGA) in an effort to help curb problem gambling. The two entities will be coordinating on AGA's Have A Game Plan Bet Responsibly program, which will include plenty of public service announcements aimed at educating fans on the virtues of responsible sports betting.…

Bally’s Completes Tropicana Las Vegas Acquisition

The balance of power on the Las Vegas Strip just shifted slightly as the Bally's Corporation completed its previously announced purchase of the Tropicana Las Vegas with Gaming & Leisure Properties, Inc. from Gaming and Leisure Properties Inc and PENN Entertainment. It's a deal that will preserve Bally's footprint on one the most significant gambling…

BetMGM Links with NBC Sports on Betting Integration Deal

BetMGM is partnering with the NFL to provide extensive sports betting content and data during Football Night America (FNIA), the popular pre-game segment of the even more popular Sunday Night Football. It's a move that will put BetMGM's logo, and content, in front of a massive US audience every week. The centerpiece of the deal…

AGA Goes on Offensive Against Unlicensed Operators in WSJ Letter

Bill Miller, President of the American Gaming Association (AGA), went on the offensive against unlicensed operators in a recent Letter to the Editor in the Wall Street Journal (WSJ). Miller's letter was just part of a larger effort by the AGA to pressure lawmakers to crackdown on black market gambling sites and protect the reputation…