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Penn National Gaming acquires stake in Barstool Sports for $163m

US racing and gaming operator Penn National Gaming has acquired a 36 per cent stake in New York-based sports and pop culture blog Barstool Sports for $163m.

The initial investment comprises approximately $135m in cash and $28m in shares of non-voting convertible preferred stock.

As part of the agreement, Penn National will become Barstool Sports’ [...]

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Mississippi bill seeks to expand mobile sports betting state-wide

Mississippi Representative Cedric Burnett has introduced a bill to amend fantasy sports regulations and to allow online sports betting across the state.

The proposal was introduced on Friday and referred to the House Gaming Committee.

It would authorise any state gaming licensee to partner with a platform provider to offer online and mobile sports [...]

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IGT to power Delaware North casinos in West Virginia and Arkansas

New York-listed supplier International Game Technology (IGT) has extended its US sports betting footprint through a new multi-state agreement with Delaware North Companies Gaming & Entertainment.

The deal will see IGT provide its retail and mobile sports betting platform in West Virginia at Delaware North’s Mardi Gras Casino & Resort and Wheeling Island Hotel Casino [...]

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Betfred secures US sports betting market entry into third state

British bookmaker Betfred has agreed its third sports betting partnership in the United States with Pennsylvania’s Wind Creek Casino & Resort Bethlehem.

The agreement enables Betfred to launch a full retail and online sportsbook at Wind Creek Casino, subject to regulatory approval, and follows Betfred’s recent partnership with Colorado’s Saratoga Casino Black Hawk [...]

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Twin River signs Colorado market access deals with DraftKings and FanDuel

New York-listed casino operator Twin River Worldwide Holdings has signed separate market access partnerships to allow both DraftKings and FanDuel to launch sports betting in Colorado.

The deals follow Twin River’s acquisition of three Colorado casinos from Affinity Gaming, including the Golden Gates, Golden Gulch and Mardi Gras casinos in Black [...]

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Sportradar and Intralot agree sports betting data deal for US lotteries

Sports data provider Sportradar is joining forces with Intralot to provide sports betting data to lotteries in the United States.

Athens-listed lottery supplier Intralot will source all of its pre-match and live data requirements from Sportradar, including official data feeds from all major US leagues, for delivery to US lotteries including Washington [...]

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Betfred launches retail sportsbook at Iowa’s Grand Falls Casino

Betfred USA Sports, the US subsidiary of British bookmaker Betfred, has launched a new sportsbook at Iowa’s Grand Falls Casino & Golf Resort.

The retail sportsbook launch comes as part of Betfred’s partnership with Grand Falls Casino-owner Elite Casino Resorts, which launched sports betting at its Rhythm City Casino and Riverside [...]

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Florida bill seeks to prevent sports betting through state lottery

Florida’s House Gaming Control Subcommittee approved a bill Monday to prevent the state lottery from launching sports betting and requiring it to make an annual payment to services related to problem gambling.

The bill passed the committee by a vote of 14 to 1 and now heads to the Government Operations and Technology Appropriations [...]

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New Jersey bill aims to expand sports betting

Competitive eaters and video gamers could join the ranks of New Jersey athletes under a bill introduced to expand sports betting opportunities.

The bill sponsored by Assemblymen Ralph Caputo and Ronald Dancer would amend the general prohibition on esports betting to only include esports events where the majority of participants are under the [...]

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Illinois Gaming Board releases second round of sports betting rules

The Illinois Gaming Board (IGB) has released further regulations regarding the conduct of sports betting, paving the way for the issuance of temporary operating permits in the state.

The IGB began accepting retail and online sports betting licence applications last month and released second phase regulations late last week to address [...]

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Score Media and Gaming

theScore partners Jacobs Entertainment for Colorado sports betting

Canadian sports media and betting provider theScore has agreed a deal with US gaming operator Jacobs Entertainment to launch mobile sports betting in Colorado.

The licensing agreement with Jacobs Entertainment gives theScore market access in Colorado to offer online and mobile sports betting, subject to license approval.

The initial ten-year agreement gives Jacobs Entertainment a [...]

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Penn National Gaming names former Apple executive as CFO

US racing and gaming operator Penn National Gaming has appointed former Apple executive David Williams as its new chief financial officer (CFO).

Williams will take up his position on 3 March and succeeds incumbent CFO William ‘B.J’ Fair, who announced his resignation last September.

Williams brings a wealth of finance, technology and strategic management expertise [...]

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