DraftKings to Shrink Deals With Leagues and Teams, CEO Says
DraftKings will continue to scale back on its partnerships with sports teams and leagues, CEO Jason Robins said Friday, calling it an inefficient part of the company’s…
BetMGM
Sports Betting Winners and Losers Will Take Time to Sort Out
FanDuel, DraftKings and BetMGM are the top three online sports betting brands by gross gaming revenue. According to Eilers & Krejcik data, they collectively controlled…
IAC Ups MGM Resorts Stake to 16.5% With $41.7 Million August Spend
IAC has increased its position in MGM Resorts, and now owns about 16.5% of the casino and gaming giant. IAC (Nasdaq: IAC) paid $41.7 million in August to acquire…
Las Vegas Sports Betting Giants Roll the Dice on Hollywood Talent
Hollywood has come to accept that content is the primary weapon in the streaming wars. Quietly, as legalized online sports betting spreads across the country, content…
NHL MVP Connor McDavid Signs BetMGM Deal in U.S. Sportsbook First
Connor McDavid, the NHL’s points leader and reigning MVP, has signed an endorsement deal with BetMGM that the company says is the first between a U.S. sportsbook and an…
Sports Betting Biz Turns to Content, Distribution to Escape CAC Hell
BetMGM recently announced a strategic partnership with SportsGrid. The deal will see BetMGM odds, content and talent integrated across the free, 24-hour-a-day sports…
New York Taps Nine Firms for Mobile Sports Betting at 51% Tax Rate
The New York state gaming commission has recommended that nine sports betting operators, including DraftKings, Caesars, FanDuel and BetMGM, receive mobile licenses to…
DraftKings Drops $22.6 Billion Pursuit of Entain
DraftKings is dropping its $22.6 billion pursuit of Entain. Following further analysis and discussions with the Entain board, DraftKings said in a statement that it was…
Sorare Taps Gaming Execs Ryan Spoon, Michael Meltzer for U.S. Growth
European NFT company Sorare has hired a pair of U.S. gaming executives to help the company grow its presence in North America, part of a wider push to expand…
Genius Sports Adds NFL Data to Deal With Entain, BetMGM
Genius Sports has signed a long-ranging expansion of its partnership with Entain and BetMGM, the latest deal to monetize its access to official NFL data. Under the…
DraftKings Makes Takeover Bid for Entain
DraftKings has made an acquisition offer for Entain, the European sports betting operator said in a statement on Tuesday. Should a sale occur, DraftKings would…
BetMGM Raises U.S. Target as Entain Buys Esports Platform Unikrn
BetMGM has raised its goals for the North American sports betting and iGaming market. The joint venture between MGM Resorts and Entain is now targeting a long-term…
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