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Sporttrade, a sports betting financial technology company, announced Tuesday it raised $36 million from a group of investors. They include former MGM Resorts International Chairman and CEO Jim Murren and Nasdaq CEO Tom Wittman. The fundraising comes one month after launching its website, Sporttrade Founder and CEO Alex Kane testifies before the Ohio Select Committee …

The Chicago Bears pro football team has announced its first sportsbook and casino partners: Rush Street Interactive’s [RSI] BetRivers.com and Rivers Casino. News of the agreement comes shortly after the Bears submitted a bid for Arlington International Racecourse. Chicago Bears Coach Matt Nagy. The Bears have announced their first sportsbook and casino partners: Rush Street …

By a 57-20 margin, Canadian Senators on Tuesday overwhelmingly passed legislation to allow single-game sports betting in the country. The vote, during the third and final reading of C-218, was the last major step before the bill officially becomes law. Senators who support bill C-218 stand on the chamber floor in Ottawa to be counted …

Todd Blanken, who allegedly was a key player in what was described as a “multi-million dollar” Chicago-based gambling ring, has avoided spending time in prison. Casey Urlacher, mayor of Mettawa, Ill, shown here, avoided time in prison after he was pardoned by President Donald Trump for a federal gambling inquiry. Now, a co-defendant, Todd Blanken, …

The familiar catalysts of rising consumer penetration and increasing state-level legalization could drive the North American online casinos and sports wagering market to $42 billion, according to CFRA Research. Bettors celebrate at the FanDuel sportsbook at the Meadowlands, above. CFRA forecasts big growth for iGaming and sports betting. (Image: Reuters) In a note to clients, …

Internet casino and online sports wagering operator Codere Online said today it’s merging with special purpose acquisition company (SPAC) DD3 Acquisition Corp. II (NASDAQ:DDMX). That paves the way for the target to become Latin America’s first publicly traded online gaming firm. Codere Online Managing Director Moshe Edree, pictured above. That company is merging with a …

A London-based marketing agency has been criticized for brokering deals between elite soccer teams and betting companies. The betting firms allegedly want to use the global reach of Europe’s top leagues as a springboard to target illegal markets. LoveBet’s sponsorship of Burnley in the 2019-20 season (pictured) saw players carrying the Mandarin version of the …

One month after it was announced Matt King would leave FanDuel, it appears the CEO of the sports betting and technology company has found his next gig. Matt King, the soon-to-be departing CEO of FanDuel, reportedly will start work at Fanatics once he leaves the sports betting and daily fantasy operator. That’s according to a …

Canadian senators on Monday turned down by a wide margin an amendment that would have kept lawmakers from giving a final reading to a bill legalizing single-game sports betting in the country’s criminal code. Canadian Sen. Brent Cotter votes against an amendment to a bill to legalize single-game sports betting in the country. The body …

Bally’s (NYSE:BALY) has a foot in the door for sports wagering in Kansas, assuming the state gets around to legalizing the activity. Scenes from a NASCAR race at Kansas Speedway. Bally’s is preparing for sports betting in Kansas. (Image: Kansas City Star) On Monday, the gaming company said it inked an accord with Boot Hill …