Law 360 M&A

JULY 31, 2023

Ireland-based global betting and gambling group Flutter Entertainment PLC, which owns U.S. sports betting giant FanDuel, and media conglomerate Fox Corp. on Monday announced that they will decommission their sports betting platform Fox Bet.

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N Contracts

OCTOBER 24, 2023

When the hacker group Scattered Spider breached MGM Casino and Resorts’ computer systems on September 11, 2023, the corporate gaming giant – with more than two dozen locations and an online sports betting operation – suffered significant material losses.

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Law 360 M&A

APRIL 12, 2024

In this week's Off The Bench, Shohei Ohtani looks to get off the hook on sports-betting allegations while his former interpreter faces charges, the NFL wins a critical court victory in the Brian Flores lawsuit, and troubled WWE founder Vince McMahon cuts even more financial ties with the company.

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Financial Times M&A

SEPTEMBER 7, 2023

Plus, one of Europe’s richest families bets on US media and sport and Armani charts his legacy, without a French takeover

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Benzinga

APRIL 3, 2024

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Today, Fanatics Betting and Gaming (FBG), a subsidiary of Fanatics Holdings Inc., The acquisition accelerated the company's growth plans, making the Fanatics Sportsbook available to 95% of the addressable online sports bettor market in the U.S. businesses of PointsBet.

Technology 45

Technology Marketability 45

Benzinga

MARCH 31, 2023

(NYSE: WWE ) CEO Nick Khan on Thursday expressed optimism regarding the potential sale of the company, and for legalized betting on WWE matches, despite opposition from gaming and legal sports book companies. What Happened: Khan told CNBC that the pro-wrestling promotion has been engaged in private conversations on betting.

Marketability 94

Marketability 94

Law 360 M&A

MARCH 18, 2024

Digital content business Minute Media has purchased the publishing rights for Sports Illustrated, keeping alive a longtime brand that recently obliterated its newsroom with layoffs and shut down its betting platform, according to a Monday announcement.

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Benzinga

MAY 15, 2023

One of the leading sports companies is making a bigger bet on future growth from the sports betting sector with an acquisition announced over the weekend. What Happened: Sports apparel company Fanatics is acquiring the U.S. division of sports betting operator PointsBet for $150 million.

Technology 52

Technology Marketability 52

Law 360 M&A

JULY 5, 2023

There are plenty of sports and betting legal matters to watch as the second half of 2023 begins, including those revolving around name, image and likeness rights for college athletes and the legal liability of celebrities who endorse cryptocurrency platforms, like Shaquille O'Neal and Tom Brady.

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Benzinga

AUGUST 31, 2023

A Rebrand to "PointsBet, a Fanatics Experience" will occur on a state-by-state basis Fanatics Betting and Gaming will now have a portfolio of brands live in 11 legal sports betting states as football season begins, with more to close soon NEW YORK, Aug. businesses of PointsBet USA. Full story available on Benzinga.com

Technology 59

Technology Equity 59

Law 360 M&A

DECEMBER 21, 2023

Here, Law360 brings you up to speed on some of the most significant sports and betting moments from this year's second half.

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Law 360 M&A

JANUARY 2, 2023

The sports and betting world will closely follow a pair of consolidated class actions in college athletics related to concussion liability and NIL rights, trademark infringement cases that could tilt the playing field across sports and gaming, and major cases involving the NFL and PGA Tour.

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Benzinga

AUGUST 8, 2023

online sports betting agreement with ESPN. As part of the deal, Penn has secured exclusive rights to the ESPN Bet trademark for online sports betting in the U.S. The Barstool Sportsbook will be rebranded to ESPN Bet in the fall. What Happened: Penn Entertainment entered into an exclusive U.S.

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ThomsonReuters

SEPTEMBER 19, 2023

With the recent start to the NFL season, sports wagering is a popular topic of conversation among football fans. Earlier this summer, Kentucky, North Carolina, and Vermont all enacted laws that legalize and tax sports wagering activities. The revenue share may not be less than 20 percent of adjusted gross sports wagering revenue.

Technology 52

Technology 52

Law 360 M&A

APRIL 25, 2023

Yahoo said Tuesday it has acquired peer-to-peer sports betting app Wagr, which the global media company said will help accelerate Yahoo Sports' efforts to "create and deliver the most compelling fantasy and gaming products."

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Benzinga

APRIL 25, 2024

We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting," said Moti Malul, Chief Executive Officer of Neo. "We billion for Neo. "We Full story available on Benzinga.com

B2B 45

B2B Enterprise Value Technology Compliance 45

Law 360 M&A

JANUARY 25, 2024

Entain PLC's Dutch subsidiary says the owners of a sports betting business failed to mention that the company was being investigated for violating gambling regulations, and therefore was worth less than the €850 million ($926 million) Entain agreed to pay for it.

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Law 360 M&A

MARCH 8, 2024

If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking.

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Law 360 M&A

MARCH 1, 2024

If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking. clears an early legislative hurdle in its bid to bring back its namesake NFL team.

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Business Wire M&A

APRIL 25, 2023

NEW YORK--(BUSINESS WIRE)--Yahoo today announced the acquisition of Wagr, a peer-to-peer sports betting app focused on making gaming social and accessible.

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Law 360 M&A

JUNE 30, 2023

The first half of 2023 featured many memorable moments in the legal world of sports and betting, from the record-breaking sale of the Washington Commanders to the WWE-UFC and PGA Tour-LIV Golf mergers, plus the NFL's crackdown on players who violated its policy on gambling.

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Benzinga

JUNE 16, 2023

A leading sports betting company revealed its acquisition plans on Friday morning. What Happened: Sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG ) announced on Friday its intent to acquire the U.S. Although, the target company already has an existing purchase offer from a competing firm.

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Benzinga

APRIL 3, 2023

On Monday, Endeavor Group Holdings, Inc (NYSE: EDR ) and World Wrestling Entertainment, Inc (NYSE: WWE ) disclosed a deal to form a new, publicly listed company consisting of two iconic, complementary, global sports and entertainment brands: UFC and WWE. He said the company hopes to sell for $18 billion.

Enterprise Value 98

Enterprise Value 98

Law 360 M&A

NOVEMBER 16, 2022

Colorado online sports betting site MaximBet is ceasing operations, effective immediately, because of difficult market conditions and a "cost prohibitive marketplace," according to a message sent to its customers Wednesday.

Marketability 75

Marketability 75

Law 360 M&A

NOVEMBER 17, 2023

Here, Law360 clues you in on the biggest sports and betting stories that had our readers talking.

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Benzinga

APRIL 4, 2022

Minnesota Sports Betting Bill Passes State House Committee. Minnesota sports betting bill House File 778 was passed by the Tax Committee on Wednesday, continuing the bill’s long journey toward legalization. Kansas House Passes Bill Legalizing Online And In-Person Sports Betting. theScore Bet.

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Finance 52

Law 360 M&A

MAY 31, 2022

Rap superstar Nicki Minaj on Tuesday revealed she's taken an investment position of an undisclosed size and advisory role with sports betting platform MaximBet.

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Benzinga

MARCH 20, 2024

By joining forces, we are not only expanding our reach but enhancing our ability to provide customers with a diverse and comprehensive offering whilst creating a leading global betting group. I look forward to announcing the completion of the deal in due course."

B2C 45

B2C eCommerce Marketability 45

Law 360 M&A

JANUARY 26, 2024

If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking.

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Benzinga

MAY 31, 2022

NEW YORK, NY, May 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Dear Cashmere Holding Company (OTC: DRCR ) known as Swifty Global, is a technology company focused on creating groundbreaking solutions in the Financial and Sports Betting Sectors. Swifty hopes to grow this VIP sports book to 900 clients by the end of 2022.

Compliance 75

Compliance Technology Marketability 75

Law 360 M&A

MAY 19, 2023

A shareholder in an online sports betting and game operator that merged with a special purpose acquisition company filed suit in Delaware Chancery Court alleging the SPAC's top brass pushed through a $4.75 billion merger without making certain disclosures, leading to a drop in share price post-merger.

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Law 360 M&A

APRIL 28, 2023

The newly ratified collective bargaining agreement between the NBA and National Basketball Players Association, or NBPA, includes progressive changes in player financial investment, engagement with sports betting and fantasy interest and, perhaps most notably, marijuana policy.

Equity 40

Equity 40

Benzinga

OCTOBER 10, 2022

ZenSports is a native-mobile enterprise, DeFi, and entertainment platform that offers a suite of sports betting, eSports, digital currency, payment, NFT, content curation, and identity solutions. " Under the ZenSports brand, KeyStar expects to expand its sports betting presence in the U.S. and internationally.

B2C 52

B2C B2B Technology Finance 52

Benzinga

OCTOBER 17, 2022

made a partnership with CBS Sports. Few of their offerings for sports bettors and fans are free-to-play games, video programming, and editorial content of William Hill across the CBS Sports Digital landscape. The company offers 140 types of online gambling games for android and iOS users. Full story available on Benzinga.com.

Marketability 75

Marketability Technology 75

Benzinga

JANUARY 8, 2024

VALETTA, Malta, Jan. NASDAQ: GMGI ). increase on $1.28 million recorded in September; Meridian launched partnerships with 36 new media outlets and integrations with six new online casino platforms; Streamlined registration and deposit. increase on $1.28 Full story available on Benzinga.com

B2C 40

B2C EBITDA Marketability 40

Benzinga

JUNE 16, 2023

business, including offering our customers interesting new bet types and accelerating our roadmap of bringing in-house more of our mobile sports betting technology." BOSTON, June 16, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. PointsBet") setting forth an indicative offer to acquire PointsBet's U.S.

EBITDA 40

EBITDA Finance Equity Technology 40

Benzinga

APRIL 9, 2024

The combination of the two companies' dynamic business-to-business (B2B) and business-to-consumer (B2C) casino, sports betting and tournament platforms creates a global enterprise operating in 17 countries on four continents. The Company also owns and operates MEXPLAY, a regulated online casino in Mexico.

B2C 40

B2C B2B eCommerce Marketability 40