Entain says promotional environment “cooling off” for BetMGM
Summary: The part-owner of BetMGM said today in its first-quarter trading update that there had been a welcome pullback in marketing spend since the early weeks of the New York market. Why it matters: Speaking on the earnings call this morning, CEO Jette Nygaard-Andersen said it was good to see rivals talking about building “sustainable […]
North Carolina sports betting update
Push for sports betting in NC heats up2:19Mix Bichsel with Charlotte-based Gambling.com says North Carolina is in the ‘fear of missing out’ category for leagalizing sports betting.Apr. 6, 2022Uploaded by Queen City News
888 gets a $327m discount on William Hill
Summary: Caesars Entertainment will accept a lower price of between $2.5bn-$2.6bn after buyer 888 said the deteriorating macroeconomic situation and worsening regulatory backdrop in the UK warranted a discount to the original price tag. A deferred consideration of up to $131m will be payable depending on 2023 EBITDA. Why it matters: The new price reflects […]
US online poker upgraded with Michigan officially joining the MSIGA
Summary: The Multi-State Internet Gaming Association (MSIGA) announced the addition of the state of Michigan to its ranks, setting the stage for interstate online poker between New Jersey, Nevada, Delaware, and Michigan. Why it matters: Due to the peer-to-peer nature of poker, the game requires large pools of players to be sustainable and thrive. When […]
US online poker gets a boost as Michigan joins MSIGA
@ButlerBets: Michigan has been admitted to the Multi-State Internet Gaming Association, the organization announced earlier today, opening the door for Michigan real money online poker players on regulated sites to compete against players in Nevada, New Jersey and Delaware