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Following months of speculation, PointsBet (OTC: PBTHF) is poised to sell its US operations to Fanatics for $150 million in cash. Fanatics founder Michael Rubin at an event in 2021. The company is acquiring PointsBet USA for $150 million in cash. (Image: Getty Images) The companies announced the transaction in a joint statement released Sunday. That confirmation arrived just weeks after it was reported PointsBet hired investment bank Moelis & Co. to explore a sale of its US and Canadian sports wagering business. Fanatics and PointsBet are excited to enter into an agreement for Fanatics Betting and Gaming to acquire PointsBet’s US business,” according to the press release. “While there …

Los Angeles Lakers center Anthony Davis sustained a head injury in Game 5 of the Western Conference semifinals against the Golden State Warriors. The Lakers said Davis cleared concussion protocols and he’s currently listed as probable for Game 6 against the Warriors. Forward LeBron James and center Anthony Davis from the Long Angeles Lakers are just one victory away from reaching the Western Conference finals. (Image: Getty) Davis took an accidental shot to the head in Game 5 midway through the fourth quarter. He battled Warriors center Kevon Looney for a potential rebound after D’Angelo Russell drove the basket for a layup. Training staff whisked Davis away in a wheelchair …

Maine’s four federally recognized tribes have inked an exclusive deal with Caesars to bring mobile sports betting to the state. Caesars’ mobile sports betting app, above, will be coming to Maine, eventually, thanks to the new deal with the state’s four federally recognized tribes. (Image: Caesars Entertainment) It’s the first such agreement since Gov. Janet Mills (D) signed legislation legalizing sportsbooks last spring. That was an important moment for the tribes, as it marked the first time they have been legally permitted to offer any kind of gambling in the state. The bill handed exclusivity on the mobile sports betting market to the tribes – the Penobscot Nation, the Passamaquoddy …

Four horses recently died at Churchill Downs, as horsemen and racetrack officials at the storied thoroughbred venue prepare for Saturday’s 149th Kentucky Derby. Horses break from the outside during the 148th Kentucky Derby on May 7, 2022. Churchill Downs is investigating the deaths of four horses at its Kentucky track. (Image: Eclipse Sportswire) The first leg of the Triple Crown is being overshadowed by the deaths of the four horses over the past week. One of those horses was Wild on Ice, a Kentucky Derby entrant who was euthanized following an injury. Wild on Ice won the Grade 3 Sunland Park Derby in March and was ranked 15th in the …

The WWE is trying an unusual tactic to attract new fans and expand its global brand through sports betting. The organization, which recently merged with Hollywood giant Endeavor, has been unable to lobby multiple state gaming regulators to allow legalized gambling on WWE matches even though pro wrestling is a scripted and choreographed event. LA Knight (standing) and Butch from The Brawling Brutes (bottom) battle in a recent installment of “WWE Friday Night Smackdown.” (Image: WWE) Despite pushback from their targeted states, Endeavor will continue to lobby regulators to allow sports betting on WWE matches and events. Endeavor is attempting to expand the WWE brand and attract new fans by …

The Illinois Gaming Board (IGB) approved Circa Sports on Thursday for a management services provider permit. That puts the sportsbook operator on pace to debut in the state as soon as August. The entrance to Circa on Fremont Street in downtown Las Vegas. The operator said it could launch sports betting in Illinois in August. (Image: Circa Resort & Casino) Circa applied for an Illinois sports wagering license nearly a year ago. From here, the operator must make a written request to the IGB to start accepting bets in the state. Upon approval, Circa will be the eighth gaming company to offer mobile sports betting in the sixth-largest state. For …

DraftKings (NASDAQ: DKNG) could be the next entrant into the streaming entertainment wars, as the gaming company is said to be readying a sports streaming service. DraftKings stock is highlighted at the Nasdaq market site. The company is reportedly close to launching a streaming service. (Image: Nasdaq) The service could launch over the next several weeks. Unidentified sources with knowledge of the matter told Bloomberg that DraftKings’ streaming offering, which will feature podcasts produced by the company and other original content, will be free and generate revenue via advertising. Over the years DraftKings has expanded our media footprint by securing top talent and trusted personalities across sports media, and we’ve …

Add the Las Vegas Culinary Union to the list of those less than overjoyed by the Oakland Athletics’ apparently imminent relocation. That’s because the union claims it’s been actively negotiating for a neutrality agreement with the ball club for more than a year with no luck. This is an entirely uncommissioned, unofficial rendering of a possible Las Vegas A’s stadium drawn by LA-based architectural engineer and baseball fan Ben Garcia. (Image: ben-garcia.com) On Friday, Culinary Local 226 and Bartenders Local 165 secretary/treasurer Ted Pappageorge e-mailed Casino.org, stating that the union “does not have an agreement with the A’s for card check neutrality.” This means that the company has not yet …

An online gaming company is considering establishing its US base in Colorado. The skyline of Downtown Denver, with the Rocky Mountains in the background. On Thursday, Colorado economic development officials approved up to $14 million in tax incentives for a sports betting operator considering locating its US headquarters in the Denver area. (Image: SUDIO 1ONE/Adobe Stock Images) On Thursday, the Colorado Economic Development Commission (EDC) approved up to $14 million in job-based incentives to an unnamed company it described as “a global leader in the online sports betting and gaming sector.” That company, listed in documents only as “Project Forge,” is considering investing $40 million to establish a 120,000-square-foot office …

Golden Nugget is shutting down its Nevada mobile sports wagering application on April 26. The casino operator notified patrons about the decision in a Monday email blast. The Golden Nugget Las Vegas, seen above. The company is shutting down its Nevada sports betting app. (Image: FOX5 Vegas) Customers without pending wagers can withdraw funds via the app or by visiting the Golden Nugget Casino in downtown Las Vegas. Those who don’t choose either of those options will receive paper checks by mail around July 1 at the address tied to their mobile betting account. Customers with wagers to settle after that date will receive checks 60 days after the bet …