US casino giant MGM Resorts International has confirmed that it has proposed a merger with its US sports betting and igaming partner Entain plc, but has refused to say if a firm offer to acquire the company will follow. It has also been confirmed that the offer consists of 0.6 MGM shares for each Entain share, representing a value of …
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The continuation of racing across Australia and the US has come as a welcome relief for Flutter Entertainment, as its retail estate faces a blow from the postponement of global sporting events. Publishing a Q1 trading update for the three months ended 31 March 2020, Flutter reported group-wide year-on-year revenue growth of 16% in Q1, reported at £547 million for …
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Publishing its full-year 2019 results, the governance of FTSE100 Flutter Entertainment Plc has detailed confidence in the firm’s future growth prospects after closing a year of regulatory adjustments and sustainability challenges. Citing strong international expansions, Flutter achieved record revenues of £2.14 billion, up 14% against corresponding FY2018’s £1.81 billion – a tough comparative period featuring World Cup trading. Flutter governance …
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For this month’s Better Collective Spotlight, we take a look at the weather. Yes, you read that right. The weather is one of the ‘nerdy’ aspects of the sports analysis on RotoGrinders.com, which helps its community to identify the right fantasy sports picks and place winning sports bets. RotoGrinders.com is known for presenting a wealth of information to both die-hard and …
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Flutter entertainment US subsidiary FanDuel has become the official fantasy sports partner of XFL American Football’s ‘reinvented league’. The firm and bookmaker joins rivals DraftKings, which was announced as an authorised gaming partner on Wednesday, among a growing portfolio of sponsorships. The XFL is owned by Vince McMahon’s Alpha Entertainment as a competitive rival to the National Football League (NFL). Initially the competition …
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Scientific Games has expanded its partnership with Flutter Entertainment to provide FanDuel with the technology for online and mobile sports betting in the US market. As first reported on SBC Americas, this expansion – also covering igaming content – means that Scientific Games will serve the fantasy sports operator turned sports betting powerhouse in regulated state markets across the country. …
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Flutter Entertainment Plc, has seen its total group revenues jump by 9% during Q3, despite its retail division continuing to feel the effects of the changes in fixed odds betting terminals (FOBT) legislation implemented earlier this year. Publishing its interim report for the three months ended 30 September 2019, Flutter Entertainment disclosed a 9% year-on-year decline in retail revenues, down …
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Industry powerhouse bet365 will be hoping to make it six in a row when the winner of the Sportsbook of the Year prize is announced at the SBC Awards 2019, but it must see off strong international competition to do so. The victors of all 41 SBC Awards will be unveiled in front of an audience of more than 700 …
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Online sports betting sites licensed through Resorts and the Meadowlands combined for more than $24 million of the $29.4 million in revenues made in New Jersey (NJ) last month, as the state smashed its previous record for total wagers. The state fell just short of $375 million for online sports betting handle in September, beating the previous best of $298.3 …
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Live streaming of sports will be key for in-play betting in America, according to William Hill US CEO Joe Asher. In an exclusive interview in the Official Sports Betting Guide to G2E, produced by SBC Magazine, Asher revealed: “I think live streaming for in-play is going to be really big in the US – one of the big opportunities in …
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