Betting

US Supreme Court will today commence oral arguments in a battle royale over the future of sports betting in the US, pitting over 20 states against some of Americas biggest sporting leagues.Known as Christie vs NCAA, the case will see the Supreme Court justices review an August 2016 ruling by the Philadelphia-based 3rd US Circuit […]

luding in 2017, Crown Resorts announced that it has agreed to the $150m sale of its majority stake in CrownBet that is set to be completed by the end of February this year. The sale follows on from the company’s recent string of sales, allowing it to focus on a number of its core assets

bet, the majority shareholder in European bookmaker Fortuna Entertainment Group have announced that they will make formal takeover offer for the company.In a statement issued to Reuters, Fortbet detailed that its offer would be at CZK182.50 per share, with an estimated total acquisition cost of CZK9.49bn ($447.83m).Completion of the deal is contingent on the Fortuna

on the heels of its defeat in West Virginia, Major League Baseball (MLB) has targeted Missouri, drafting a sports betting bill for the consideration of the states legislature.The move comes just days after West Virginia’s Finance Committee approved Senate Bill 415, which would allow sports betting at the states’ four casinos, approving measures that would

Stars Group has confirmed that the all-cash transaction was funded using cash on its balance sheet, with the deal entitling it to appoint a majority of the directors on CrownBet’s board. Although the company have confirmed that CrownBet CEO Matthew Tripp, will remain in his position as CEO and continue to operate the business in

Under the terms of the multi-million euro deal, GVC is obliged to purchase the remaining 49% of the business in 2021, at a valuation of either the lower of seven times the 2020 clean EBITDA or €150m. Crystalbet, which was established in 2011 holds licences to offer online gaming products, including sports betting, casino games,

In its full financial filing for the year, the company revealed net gaming revenues of to €925.6m ($1.14bn) beating the €794.3m that the company accrued during 2016. Full-year revenue grew by 16% on a pro forma basis from a 2016 p of €772.9m, to a 2017 high of €896.1m. Whilst clean EBITDA registered solid growth

Under the initiative, which will take place over the final three games of the Premier League season, the club and the charity will produce advertisements and promotional materials intending to raise awareness of the risks of gambling. In addition GambleAware related messages will appear on advertising hoardings around the pitch and on screens throughout the

In his new position Eriksson will be tasked with driving the development of Kambi’s next generation sportsbook and will also be responsible for creating one which is able to lead a potentially soon-to-be regulated US market.  Eriksson brings with him ten years of experience at Swedish sports betting monopoly Svenska Spel, including four years as

“The legalisation of sports gambling requires an important policy choice, but the choice is not ours to make. Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own,” Justice Samuel Alito wrote on behalf of the court. The court upheld the legality