North America

DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …

The share price of embattled gambling operator Caesars Entertainment has dropped 10% to a $7.60 – $8.08 range as markets reacted negatively to the operator’s Q3 performance update (period ending 30 September). Despite recording a 12% increase in revenues to $1.14 billion (£750 million), NASDAQ traders saw no positives for the operator which posted quarter net loss of $756 million …

With a year to go to the US presidential election, Hillary Clinton stands out as the clear favourite among UK bettors to secure the Democratic party candidacy and to win the race to The White House. Matchbook.com punters in the UK have put their money where their opinions are, placing eight times the amount of money on Clinton compared to …

Reporting on its Q3 2015 corporate performance (period ending 30 September), Toronto listed Amaya Inc has reported quarter revenues of CAD $325 million (£160 million) up 8% on Q3 2014’s CAD $300 million. Revenue growth would transfer to EBITDA earnings of CAD 141 million (£70 million) for the period, up 8% on Q3 2014’s CAD $ 130 million. Amaya Q3 net …

Daniel Silvers one of the non-executive directors appointed to the board of bwin.party Entertainment by investment fund Springowl has stepped down from the governance position. Silvers exits the bwin.party board having withdrawn from his position as Springowl President. Recommended by bwin.party activist investor Jason Ader CEO of Springowl (owner of 5.1% of bwin.party shares). Silvers had been appointed in May …

Industry domain market place GamblingInvest.com (GamblingInvest), reports that Amaya Inc is preparing to launch a dedicated sports betting portal under the brand ‘BetStars.com’. GamblingInvest a specialist broker in gambling focused domains, claims that Amaya Inc under subsidiary Rational Intellectual Holdings has acquired a group of domains all connected with the brand term BetStars.com. The BetStars.com domain was reportedly acquired late …

Canadian gambling investment firm Contagious Gaming has confirmed that it will not make a bid to acquire UK betting pools technology provider Sportech Plc. Contagious Gaming issued a corporate statement alerting markets and the media of its decision to withdraw its interest in the Liverpool based operator. Sportech also issued an announcement declaring that it had not received a proposal …

William Hill will be paying over £60,000 to a Cornish Hotelier if Donald Trump wins the US Presidential Election. John Mappin has staked a series of bets – the most recent one of £1538.46 is the biggest, placed at odds of 13/2 on today – which will result in a £60,000+ payout if the one-time 150/1 outsider ends up in the …

DraftKings Inc., the troubled daily fantasy sports (DFS) platform, has teamed up with sports data provider Opta to supply all its live soccer performance statistics. DraftKings has engaged Opta in order to enhance the customer experience of its soccer product, in anticipation of an upcoming expansion into new markets. One of the main features that has changed is the increase …

This weekend saw American Pharoah sign off his career in style, winning the $5 million Breeders Classic Cup at Keeneland (Fort Knox – Kentucky). Pharoah was already the toast of US racing having completed the first Triple Crown in 32 years winning US grand slams’ at the Kentucky Derby, Preakness Stakes and The Belmont Stakes. However Saturday’s ‘Fort Knox’ victory …