Industry Updates

BetMGM Sportsbook expanded its parlay betting features with the launch of Parlay Builder by Betgenius.

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.

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…

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.

It’s only Tuesday, and Responsible Gaming Education Week (RGEW) 2020 continues to deliver. Yesterday it was the American Gaming Association’s announcement of its revised advertising code of conduct, and today it’s GeoComply’s PlayPause.

In early September 2020, offshore sportsbook 5Dimes announced it was leaving the US sports betting market and hinted at making a return as a licensed operator.

There’s a new entry into the legal US online casino market PlayLive!. The PlayLive! brand will make its debut in the Pennsylvania market, courtesy of the Cordish Gaming Group, a division of The Cordish Companies.

If you tuned into the live stream of yesterday’s Senate Judiciary Committee hearing dubbed, “Protecting the Integrity of College Athletics,” hoping for rational discussion on sports betting policy, you were probably disappointed.

Famously, at the height of the euro crisis in the summer of 2012, then head of the European Central Bank Mario Draghi issued a clarion call to the world’s investment community: The bank would do “whatever it takes” to ensure the stability of the single currency.