Operator News
FANTASY SPORTS
Te owner of Yahoo and integrated telecommunications company Verizon Communications Inc. is now planning to expand its online gambling agreement with MGM Resorts International to five more states this year. Verizon Media Chief Executive Officer Guru Gowrappan told Bloomberg said that the company plans to expand once lawmakers decide on legislation. “It’s an important priority for us and a huge bet for us,” Gowrappan said.
In October Gowrappan, and Jim Murren, Chairman and CEO of MGM Resorts International announced that Yahoo Sports had entered into a partnership with MGM Resorts and Roar Digital, a joint venture between global gaming industry leaders MGM Resorts and GVC Holdings to power sports betting for Yahoo Sports and create collaborative content experiences and live events. As part of the multi-year partnership, the integration will launch in the Yahoo Sports in the U.S., with transactions to take place on the BetMGM platform. Yahoo Sports will be an official Digital Media Sports Partner of MGM Resorts.
Scientific Games has been chosen by FireKeepers Casino Hotel in Battle Creek, to provide sports betting and iGaming to players in Michigan now that sports and online casino betting has been approved in the state. Te company will launch retail sports betting at FireKeepers Casino Battle Creek as well as online sports betting and iGaming across the entire state of
State Tracker Kentucky
Impetus is growing for an expansion of sports betting in Kentucky after state Governor Andy Beshear gave his first State of the Commonwealth speech to lawmakers and a state- wide television audience. Speaking at the House chamber the Democratic governor outlined some of his priorities to the Republican- dominated legislature. Amongst them was increased revenue to
Michigan once regulations are in place.
Jordan Levin, Group Chief Executive for SG Digital, said, "We're incredibly excited to launch with FireKeepers Casino. Tey're a leader in the Michigan gaming space, and their large core group of satisfied gamers already have a top-notch land-based gaming and entertainment experience. With the passing of this new bill, Scientific Games is excited and honoured to help FireKeepers Casino translate and expand the sports and iGaming player experiences across all of Michigan."
In its latest trading statement William Hill has highlighted the growth in the US market saying that it has helped the company exceed forecasts. Te Group announced that its full-year adjusted operating profit for 2019 from continuing operations was expected to be in the range of £143m to £148m, ahead of market and management expectations driven by favourable sporting results through the year end.
Ulrik Bengtsson, CEO, commented: "Te Group has delivered a strong operating performance, ahead of our expectations and against a challenging regulatory backdrop. We made good progress on a number of fronts, including our Retail business, Online and in the US, enabling us to deliver on our long term strategic ambitions. We look forward to building on these efforts in 2020 with a strong focus on customer, team and execution."
meet the growing needs of the state. Gov. Beshear said that the state was losing out on more than $500 million in gaming revenue go across the border to states like Indiana, Ohio and Illinois.
As a result he said he was firmly behind a bill put forward by Rep. Adam Koenig that would legalize sports betting in the state. HB 175 passed the House Licensing, Occupations & Administrative Regulations Committee but it did
not get a vote on the House floor last year. The bill would have allowed sports wagering at licensed race tracks, as well as a mobile app that could be used to bet anywhere in Kentucky. It would also set up a regulatory framework for residents to legally play online poker and fantasy sports. Wagering would be under the exclusive jurisdiction of the Kentucky Horse Racing Commission, with only horse racing tracks and the Kentucky Speedway eligible to receive a license. In
DraftKings has entered into a definitive business combination agreement with Diamond Eagle, a publicly traded special purpose acquisition company, and sports betting technology provider SBTech. Te combined company will become the only vertically-integrated pure-play sports betting and online gaming company based in the United States. Te transaction is expected to close in the first half of this year. Diamond Eagle will change its name to DraftKings Inc., reincorporate in Nevada and remain Nasdaq-listed under a new ticker symbol according to a press release.
“Te combination of DraftKings’ leading and trusted brand, deep focus on customer experience and data science expertise and SBTech’s highly innovative and proven technology platform creates a vertically- integrated powerhouse,” said Jason Robins co-founder and CEO of DraftKings. “I look forward to building significantly upon our goals of continuing our state-by-state rollout and creating the most entertaining and engaging customer experiences for sports fans globally.”
“We are pleased to bring DraftKings and SBTech together as one public company,” said Harry E. Sloan, Founding Investor of Diamond Eagle. “DraftKings is already a premier online fantasy sports and betting platform. With the full integration of SBTech’s technology and innovative product expertise coupled with the right capitalisation, DraftKings will be in a great position to continue its ambitious expansion plans in the United States.”
December, Koenig filed another bill ahead of this year - BR 364, which is similar in scope.
“Representative Adam Koenig has filed a sports betting bill. I fully support it, and we should pass it. But that shouldn’t be the end of the conversation. Because now, all of our neighbouring states – most all of them Republican led – have embraced expanded gaming, while we are being left behind.” Gov. Beshear said.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170
