Tag Archives: new york

Sky Racing World enters content partnership with New York Racing Association

SBC News Sky Racing World enters content partnership with New York Racing Association

Tabcorp Kentucky based racing content subsidiary, Sky Racing World,has announced that it had entered a strategic partnership to supply the New York Racing Association (NYRA), with betting consumer provisions. Under the agreement, Sky Racing World will provide NYRA’s advance deposit wagering (ADW) offering NYRA Rewards with live video streaming on all races taking place in Australia, New Zealand and South …

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DFS players turning to the courts and against operators

SBC News DFS players turning to the courts and against operators

Further bad news appears to have reached FanDuel and DraftKings operations, as US news sources report that aggrieved customers are planning to sue the operators for consumer negligence, following last week’s allegation of data breaches by employees. New York Daily News reported that Kentucky Daily Fantasy Sports (DFS) player Adam Johnson was the first plantiff against the operators, accusing them …

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DraftKings partners with ‘The Garden’

SBC News DraftKings partners with 'The Garden'

US daily fantasy sports operator Draftkings, continues its high level marketing expansion with the conformation of a multi-year marketing agreement with New York sports and entertainment venue Madison Square Garden Co. DraftKings will displace rival operator FanDuel as official fantasy sports partner of Madison Square Garden (MSG). The partnership will see the DaftKings brand promoted throughout the MSG venue, the …

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GTECH & IGT begin trade as International Game Technology PLC

SBC News GTECH & IGT begin trade as International Game Technology PLC

GTECH SpA has today completed its $6.4 billion acquisition of Nevada based gambling technology provider International Game Technology (IGT) , finalising its nine month acquisition process. The acquisition hurdles will see GTECH and IGT operate under the corporation name International Game Technology. The merged company will begin trading its new share on the New York Stock Exchange later today. Last …

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Investors sue 500.com over misleading IPO representation

SBC News Investors sue 500.com over misleading IPO representation

New York listed Chinese sports lottery operator 500.com has been hit with multiple US investor class action federal suites over misrepresentation of its business practices and operations in the build up to its December 2013 IPO. A group of US law firms representing 500.com investors have filed a federal securities fraud class action against the operator. They claim that the …

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NY Giants John Mara opposes New Jersey’s attempts to legalize sports betting

SBC News NY Giants John Mara opposes New Jersey's attempts to legalize sports betting

New York Giants Co-owner John Mara has stated his opposition to New Jersey attempts to legalise sports betting. In a public address John Mara stated that the New York Giants management would oppose to back any attempts by New Jersey senators and representatives to legalise sports betting within their state. Mara has further expressed that his stance is supported by other …

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GTECH set to buy IGT for $4.7 billion

SBC News GTECH set to buy IGT for $4.7 billion

After weeks of speculation GTECH SpA have confirmed that it will buy Las Vegas based slots machine and gambling provisions manufacturer International Game Technology (IGT) for $4.7 billion (£2.74 billion). Business news sources speculate that GTECH have structured the purchase of IGT using cash and stock equity. The further inclusion of $1.7 billion in net debt, will see the total …

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