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 […]
Perspective: Sports betting makes fleeting SXSW appearance
AUSTIN, Texas — There were sessions about tech, of course, and startups and investing and finance 3.0; film, media and music as well as summits about space, psychedelics, the cannabis industry and the future of work. But this correspondent had to search to find the subject of sports-betting so credit to PointsBet and Sportico which […]
The Handle: The End of History? Betting Edition
The Handle is a regular newsletter dedicated to providing the best insights in gaming news. To get The Handle delivered to your inbox, subscribe here. A Brief Interlude – David I dearly apologize for the allusion to Francis Fukuyama’s “The End of History and the Last Man”. I know it’s too ivory tower for this and […]
DOJ leaves the door open to apply the Wire Act to online gambling
The gambling industry scored a decisive legal victory over the Trump administration’s attempt to kneecap online gambling in the US – at the behest of a wealthy political donor. The New Hampshire Lottery brought the case following a 2018 Department of Justice opinion that reversed a 2011 DOJ opinion that concluded the Wire Act only […]
Analysis: a successful sports betting market’s 4 keys to success
The fall of PASPA opened the floodgates for legal sports betting in the US, and ever since, states have become individual Petri dishes of sports betting models. The state-by-state approach has produced dozens of uniquely structured sports betting industries, with some states faring better than others. A market’s success or failure is complex, hinging on […]