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More details are emerging on the looming rebalancing of FTSE Russell equity benchmarks, and there appears to be good news for DraftKings (NASDAQ:DKNG) stock. Traders on the floor of the New York Stock Exchange. DraftKings stock could benefit from Russell rebalancing. (Image: Reuters) Shares of the sportsbook operator are higher by more than four percent …

Handicapper Kelly Stewart has been sacked from her new job as a betting analyst for ESPN because of homophobic tweets she made nine years ago. Kelly Stewart claims she resorted to homophobic language in a bid to silence trolls, who targeted her for being a woman in a male-dominated world. (Image: YouTube) Known by her …

A bill to legalize single-game sports betting in Canada is making its way through the country’s Senate, with committee hearings set for Friday and next week. However, there are fears that time may soon run out on the legislation, as rumblings of a snap – or early – election grow louder. The Montreal Canadiens and …

With a week left in the Louisiana legislative session, bills to allow sports betting are making their way to the governor’s desk for approval. This means sport betting, including on smartphones, could be legal in the state by football season. Sens. Rick Ward, left, and Page Cortez (both R) address other lawmakers at a legislative …

Work has started on an expansion project at the DraftKings at Casino Queen in East St. Louis, Ill., according to a statement from the casino released on Tuesday. The DraftKings at Casino Queen is undergoing a $10 million expansion that will include an upgraded sportsbook and dining options at the East St. Louis, Ill., casino. …

Entain Australia CEO Dean Shannon, not surprisingly, believes his company’s $2.7 billion proposal for Tabcorp’s media and sports wagering businesses is the best in a growing field and is urging the operator to accept that bid. Entain Australia CEO Dean Shannon. He believes his company’s offer for Tabcorp assets is superior to rivals bids. (Image: …

News Corp Australia is reportedly in late-stage discussions with a group headed by renowned Australian bookmaker Matthew Tripp. That could lead to the creation of a new wagering entity and a run at Tabcorp’s media and sports betting businesses. Australian bookmaker Matthew Tripp. He may be teaming with News Corp to make a run at …

Maine lawmakers introduced four pieces of legislation this year seeking to legalize sports betting. But last week, three were tossed out of committee.  Maine Sen. Louis Luchini. The Democrat, who is a former professional runner who competed in the US Olympic Trials in 2004 and 2008, is spearheading a legislative effort to legalize sports betting …

California voters will get a chance to decide if they want to legalize sports betting in their state. However, it’ll be a while before they can go to the polls. LeBron James of the Los Angeles Lakers flashes signs. His team is currently in the NBA playoffs. Tribal casinos and racetracks would be allowed to …

In-stadium sports betting is here — officially. On Wednesday, the William Hill Sportsbook had its grand opening in the Capital One Arena in Washington DC, home to the Washington Capitals, the Washington Wizards, and the Georgetown University basketball team. William Hill and Monumental Sports executives cut the ribbon at the official opening of America’s first …