by Hasan Nabulsi | Feb 27, 2021 1:41 pm | Sports Betting
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report...
by Christina Monroe | Jan 26, 2021 3:33 pm | Sports Betting
Virginia and Michigan now have live mobile sports betting platforms for residents to use. Massachusetts, Mississippi, Nebraska, and Texas have all filed and/or introduced new legislation for legal sports betting. Pennsylvania and New Hampshire ended 2020 with new...
by Hasan Nabulsi | Jan 20, 2021 10:14 am | Sports Betting
MGM Resorts initially offered to buyout Entain Plc for $11.1 billion. IAC, and MGM Resorts Investor, offered an extra billion dollars to the deal. Entain, formerly known as GVC Holdings, has a joint venture with MGM for the online betting platform BetMGM. LAS VEGAS –...
by Daniel Borjas | Jan 4, 2021 10:16 am | Sports Betting
Entain Plc will remain independent from MGM Resorts. MGM’s offer to take over Entain Plc was valued at $11.1 billion. Entain Plc claims that the amount offered to them undervalued the company. LAS VEGAS – Entain Plc has formally dismissed an $11.1 billion takeover...
