Industry Updates

It’s official, Penn National is acquiring Barstool Sports. The deal, first reported by Vox, brings together one of the largest casino operators in the US and a rapidly growing multimedia company with a fanbase tailormade for sports betting.

Yahoo Sports is getting into the sports betting business, at least indirectly. Today, Yahoo Sports began integrating odds into sports content. The changes will be visible to all eventually, but readers in New Jersey have the added option to click on the odds to place those wagers through BetMGM Sportsbook.

One of the big headlines this week was the revised estimates for the US sports betting market by Morgan Stanley. The numbers were eye-catching and led to a lot of mentions in the mainstream press.

Historical turning points are a phenomenon that is often only possible to discern long after the event itself. And often, it’s only 20/20 hindsight, which offers the clearest view. However, when it comes to the ongoing debate with regard to official sports data use in sports-betting, it would be fair to say that it is…

With the announcement of an exclusive deal with BetMGM, Yahoo Sports has officially jumped into the sports betting pool. According to a Yahoo Sports news article, the BetMGM partnership will “power sports betting for Yahoo Sports and create collaborative content experiences and live events.”

Update: Since publishing this post, even more Las Vegas poker rooms have closed. John Mehaffey wrote about the history of all closed Las Vegas poker rooms at VegasAdvantage, please refer to his more updated post for current information. This post will remain published for archive purposes, but won’t be updated further. There was a time…

Two major developments on the online gambling payment processing and advertising fronts are a clear indication that attitudes towards legal online gambling are changing in the US. That’s good news for an industry that has spent the last half-decade educating policymakers, banks, and online advertisers about the legal US online casino and gaming industry.

The merger of The Stars Group and Flutter, two of the largest online gambling sites in the world, sent shockwaves throughout the industry last week. The following is the first in a three-part series exploring different aspects of the deal.

Two online gambling giants, Flutter and The Stars Group, have announced their plans to join forces, creating the world’s largest online gambling operator.

Promoting responsible gaming should be a priority 365 days a year, but every so often it’s important to highlight it. That’s exactly what happens during Responsible Gaming Education Week, which runs from September 15-21.