FTSE100 betting group Paddy Power Betfair (PPB), has confirmed the appointment of London law firm Freshfields Bruckhaus Deringer as its lead legal advisor in its pursuit of US-facing DFS operator FanDuel. This week PPB governance confirmed industry rumours that the company was seeking to acquire New York-based DFS operator FanDuel, following the Supreme Court’s repeal of PASPA’s federal mandate. The …
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US offers UK bookies solace after FOBT blow
As the decision was made by the US Supreme Court to overturn PASPA, no sooner had British operators commenced celebrating, than they upped the ante on their plans to tap into the US market. The incentive to break the US market will have only been enhanced by the government’s decision to reduce the maximum stake of FOBTs to just £2, …
Read More »Kambi and Rush Street Interactive reach sportsbook agreement
Kambi has signed a multi-year deal to provide its sportsbook and innovative technology to Rush Street Interactive, following the decision by the United States Supreme Court to fully repeal the country’s federal sports betting ban. Launching within selected states where permitted, the deal covers the provision of online and retail services, in addition to stretching to markets outside of the …
Read More »Scientific Games recruits tech-pro Doug Albregts as new Group Gaming lead
Nasdaq-listed industry technology group, Scientific Games Corporation (SGC), continues its executive management restructure, confirming the appointment of Doug Albregts as Executive Vice President (EVP) & Group Chief Executive Officer of SGC’s Gaming Division. A mass-market US technology veteran, Albregts joins SGC’s executive team from Japanese multi-national firm Sharp Electronics, where he most recently served as Chief Executive of its North …
Read More »SBTech aids Churchill Downs’ US iGaming & sports betting entry
Announcing its entry into real money online gaming and sports betting markets, Churchill Downs Incorporated (CDI) has penned a strategic partnership with SBTech to utilise the firms integrated technology platform. The move will see SBTech supply a US facing iGaming platform allowing CDI to manage both its sports wagering and iGaming operations, in the aftermath of the US Supreme Court’s …
Read More »Better Collective eyes US expansion after PASPA repeal
As the dust settles on the Supreme Court’s decision to repeal PASPA, betting tips provider Better Collective is already positioning itself towards this potentially lucrative market through their latest website, us-bookies.com. Us-bookies.com is an educational platform serving punters linked to the US horse racing community. In line with Better Collective’s current global portfolio of sites, which is predominantly focused on …
Read More »Domino effect… CGA wants Canada to pop next for sports betting
Canada’s pro sports betting lobby has been reinvigorated by this week’s US Supreme Court repeal of PASPA federal laws. Following Monday’s SCOTUS judgement, the Canadian Gaming Association (CGA) issued a fast response welcoming PASPA’s repeal, which will open the US to state-sanctioned sports betting. CGA governance will now push Canada’s governing Liberal Party, to review the nations gambling code following …
Read More »The All-In Diversity Project unveils latest strategic partnership
The All-In Diversity Project has detailed its latest Strategic Partnership with The National Council of Problem Gambling (NCPG) in the United States. The topic of Diversity and inclusion is one that is front and centre today, both in this and other industries as well as garnering media attention. Several studies have shown that a diverse workforce can be a key factor …
Read More »Rumour Mill: Paddy Power Betfair targets FanDuel acquisition
The Supreme Court’s repeal of PASPA’s federal mandate has likely triggered a further betting industry arms race, as US betting news source LegalSportsReport.com details that Paddy Power Betfair Plc (PPB) is ‘close to acquiring’ DFS operator FanDuel. Entering 2018, the governance of FTSE100 PPB stated that it was ‘reviewing all options’ for further expansion within the US market. The UK …
Read More »Sportradar allays fears as sports betting moves out of the shadows
The Deputy President for Sportradar US has predicted a chaotic post-PASPA period, as the sports betting market prepares for an estimated $190 billion in annual activity to come “out of the shadows”. Dr. Laila Mintas stressed that the benefits of legal sports betting in the US far outweigh “misperceived fears and unfounded concerns”, but acknowledged that because every state’s approach …
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