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News from the world of sports betting

Fanatics Finally Makes Deal, Grabs PointsBet for $150 Million

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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.

Anthony Davis Expects to Play for Los Angeles Lakers in Game 6

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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

Caesars Allies with Tribes for Maine Mobile Sports Betting

caesars-allies-with-tribes-for-maine-mobile-sports-betting

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

Kentucky Derby Overshadowed by Four Horse Deaths at Churchill Downs

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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

WWE Lobbying Key States to Allow Legal Sports Betting on Matches

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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

Circa Sports Approved for Illinois Betting License, Eyes August Launch

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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.

DraftKings Readies Sports Streaming Service

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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

Culinary Fires Warning Shot Over Oakland A’s Vegas Stadium Proposal

culinary-fires-warning-shot-over-oakland-a’s-vegas-stadium-proposal

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

Sports Betting Company Considering Colorado for US HQ, Offered $14M in Incentives

sports-betting-company-considering-colorado-for-us-hq,-offered-$14m-in-incentives

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

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