by Giovanni Shorter | Jun 8, 2021 4:34 pm | Sports Betting
Genius Sports announces the company is offering more shares. Sportradar fails in SPAC deal with Todd Boehly after months of negotiations. Sportradar’s goal is to go with a traditional IPO. NEW YORK – There have been a few moves being made in the sports betting world....
by Giovanni Shorter | Apr 26, 2021 1:44 pm | Sports Betting
Popular online sports betting and iGaming company Super Group will be merging with the SPAC, Sports Entertainment Acquisition. This is a $5.1 billion merger that will make the company become publicly traded. Sports Entertainment Acquisition will own 9.3% of the new...
by Giovanni Shorter | Apr 7, 2021 2:36 pm | Sports Betting
Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox...
by Giovanni Shorter | Mar 8, 2021 10:30 am | Sports Betting
Score Media has recently gone public on the NASDAQ. Score Media’s shares have boomed following speculation that DraftKings may move to acquire the company. No confirmation from either DraftKings or Score Media has been made about the potential takeover. BOSTON – Score...
by Giovanni Shorter | Jan 16, 2021 11:08 am | Sports Betting
FuboTV’s stock price went up by 35% just by announcing their intent to launch a sportsbook in 2021. DraftKings, Penn National Gaming, and MGM Resorts have all seen growth on the stock market as a result of their sports betting efforts. Many companies see positive...
