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.
This is Part 2 of our two-part interview with Smarkets CEO Jason Trost. In Part 1, the conversation focused on Smarkets experience in the US. In this installment, Trost offers up his opinions on the possibility of offshore sports betting operators entering the legal US sports betting space.
This article is Part 1 of a two-part interview with Smarkets CEO Jason Trost. The outspoken CEO doesn’t pull any punches when it comes to shortcomings in the legal US sports betting markets or the current attempts to legitimize offshore sports betting sites.
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…
The launch of the Barstool Sports betting app didn’t disappoint. Based on the early metrics, the app seems to have lived up to the hype during its debut.
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.
A conversation on the impact of Barstool Sport’s entry into the US sports betting space with responsible gambling advocate Jamie Salsburg.
The battle for esports betting between some familiar names in sports-betting and a handful of esports-only operations is on. In the race to pick up customers, which is likely to be the right approach to win over the esports audience?
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.
Increased access to legal sports betting is bringing a lot of new bettors into the mix, and the onus is on the industry to integrate these new gamblers responsibly, or, as I opined recently, risk potential pushback.
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