Pinnacle likely to enter Canada
@SNBET_ca: We’ve previously highlighted that Pinnacle was likely looking to join the Ontario market, since they were posting jobs for help in navigating the complex legal landscape of Canadian #iGaming.ICYMI, a Pinnacle presence on this panel discussion only adds more fuel to the fire. https://t.co/TVKyJ7v8rl
FanDuel, DraftKings, BetMGM top Jefferies’ digital matrix
Summary: FanDuel, DraftKings and BetMGM once agin were the top three brand betting brands in Jefferies’ Digital Gaming Brand Matrix. Why it matters: The analysts’ matrix analyses mobile app data, social media engagement and web-traffic data to assess brand momentum and ,it days, serves as “a proxy for GGR share and therefore stock performance,” it […]
Pointsbet turns down News Corp bid for Oz business
Summary: Pointsbet has rejected a $220-$300m offer for its Australian online betting business from a News Corp consortium led by betting executive Matthew Tripp. Why it matters: Pointsbet is an Australian bookmaker, but it is also active in 10 US states and Canada. News Corp is the media group behind Fox Bet and has been […]
Bally’s launch updates for New York and Ontario
Summary: An analyst update from Wells Fargo points to Bally’s launching its Bally Bet 2.0 sports betting app in the New York market in roughly four weeks, with an expected launch in Ontario in July or August. Why it matters: Bally’s is the last remaining New York licensee yet to launch in the market. The […]
Crab Sports will take a hyper-local approach in Maryland
Summary: Gaming Innovation Group’s Martin Collins discussed the path forward for hyper-local online sports betting brands, like GiG partner Crab Sports in Maryland, in an interview with iGaming Business. Why it matters: Viable paths for small, single-state OSB operators don’t exist for local brands in most states, but Maryland’s open market (up to 60 mobile […]