North America

The New Jersey regulator has now approved both Bwin.party and GVC to offer gaming services in the state, when previously it was thought that such an outcome was unlikely. Scott Longley looks at the development. Jim Murren, the chief executive at MGM Resorts International, proclaimed after his company bought out erstwhile partner Boyd Gaming’s half share in the Borgata earlier …

William Hill has signed a deal with Matchroom Sport to be the title sponsors of IBF World Heavyweight Champion Anthony Joshua’s (MBE) next three fights. The new agreement follows on from William Hill’s sponsorship of AJ’s last two fights against Dillian Whyte and Charles Martin. Joshua (16-0-16 KO) defends his title for the first time at the O2 in London …

Following a week of regulatory hearings, the New York legislature has agreed to pass the bill-S8153 relating to provisions for regulated daily fantasy sports (DFS) services for the state of New York. S8153’s now awaits its final signature by Governor Andrew Cuomo in order to be processed into state law, US news sources report that the bill was widely supported …

Embattled Caesars Entertainment Corporation (CEC) has been granted a temporary reprieve by Chicago bankruptcy Judge A. Benjamin Goldgar, who has halted bondholder legal proceedings against the company. Judge Goldgar, heard the plea of Caesars bankrupt unit ‘Caesars Entertainment Operating Co’ (COEC) which stated that lawsuits seeking $11 billion compensation against CEC would finish any chance of the company restructuring its …

Bloomberg News has reported that leading US daily fantasy sports (DFS) operators FanDuel and DraftKings are in merger talks, according to business insiders familiar with the situation. Merger talks have been pushed by investors, who have seen the value of their venture investments dip amid the continued legal trouble that the DFS operators have faced in various US states. Roughly …

The Director of Commissioning for the Responsible Gambling Trust (RGT) has shared details of British advances in treatment data collection during the International Gambling Institute’s 16th International Conference on Gambling and Risk Taking. Jane Rigbye set out the British approach to data reporting in problem gambling treatment services in a speech to the University of Nevada, as part of International …

Updating the market, FTSE-listed online gambling operator GVC Holdings has announced that it has received a licence approval by the New Jersey Division of Gaming Enforcement (DGE) to operate its online gambling services within the state. The approval will see GVC Holdings maintain the New Jersey online poker and casino services of subsidiary PartyGaming which has operated in the regulated …

Caesars Entertainment Corporation’s (CEC) year-long negotiations with creditors regarding the bankruptcy of its debt-burdened operations division ‘Caesars Entertainment Operations Company’(CEOC) has hit a deadlock according to mediator Joesph Farnan.   Updating Chicago’s bankruptcy court, Farnan detailed that negotiations were not progressing as CEC is unwilling to provide new concessions to its creditors. Furthermore, Farnan would detail that there would be …

New York legislators have been in advanced talks on the potential legislation of daily fantasy sports (DFS) which could see a conditional bill drafted for the legal/licensed framework of DFS state services. Leading DFS operators FanDuel and DraftKings have been under investigation from New York Attorney General Eric Schneiderman since October 2015, following damaging allegations of misuse of game and …

US casino and leisure operator Boyd Gaming Corporation (Boyd) has agreed to sell its 50% stake in Atlantic City’s Borgata casino complex to MGM Resorts International (MGM) for a reported $900 million. Boyd’s stake is set to be acquired by MGM property subsidiary ‘MGM Growth Properties’ with the deal expected to be completed by Q3 2016. MGM will take over …