OSB tech control as important as ever for MGM
A recent note by the analysts at Jefferies says MGM could renew its attempt to acquire Entain in 2022. Wagers.com looks at the potential scenarios of how an MGM buyout of Entain might play out. Entain has a 50% stake in the BetMGM joint venture that is performing strongly for MGM and the UK group […]
Read MoreEntain’s imbroglio in Canada will cause more greys for the industry
The upcoming regulation of online sports betting and casino in Ontario brings into sharp relief the issue of grey market operators and the strange position of the First Nations as regulators and licensors of online gambling companies. It’s one of the oldest topics that applies to the online gambling industry and when it comes to […]
Read MoreAnalyst round up: DraftKings Q4s
DraftKings’ fourth quarter results had many investors spooked and its share price target was downgraded from around $40 to $19-$25. The group’s long-term story of growth through scale is taking longer than expected, but most industry analysts remain cautiously optimistic that it will get there. Wagers.com rounds up the key post-Q4 insights and comments. Edward […]
Read MoreSports betting tax rates: operators hope for the best
If there is one issue that is guaranteed to get online sports betting executives complaining it is taxes and if one was to survey the US industry for its biggest business gripe, New York’s 51% tax rate would very likely take top spot. In fairness, many non-US industry observers were also surprised when news of […]
Read MoreCanada sports betting webcast provides contrasting perspectives on B2B and B2C strategies
The webinar hosted by the Canadian financial services firm TMX on the prospects for regulated sports betting in the US and Ontario highlighted key differences in perspectives between B2B and B2C firms in the space. The panelists were all optimistic about their prospects and this would not have come as a surprise, TMX is linked […]
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