5664 stories by Todd Shriber
Entain Draws Analyst Praise, Seen as Top 2021 UK Takeover Target
Entain Plc (OTC:GMVHY), the owner of the Coral and Ladbrokes betting shops, is earning positive reviews from some sell-side analysts and continues to be viewed as a prime takeover target. In a note to clients...
BetMGM Getting Into Gift Card Game, Available in Select States
BetMGM announced today that it's making gift cards available in select states where the gaming operator is live and legal. The iGaming and online sportsbook company is partnering with New York-based payments provider TAPPP to...
Sportsradar IPO Could Value Company at up to $8.3B, Double Nearest Competitor
In an amended Form F-1 filing with the Securities and Exchange Commission (SEC), Sportradar updated its initial public offering (IPO) plans. It now indicates it plans to raise $504 million by selling 19 million shares...
Caesars, Genius Sports Announce Agreement Featuring NFL Data
Genius Sports (NYSE:GENI) said today it's entering a partnership with casino giant Caesars Entertainment (NASDAQ:CZR), providing the gaming operator with access to the data provider's suite of official sports data content. Financial terms of the...
NHL Could Get up to $90 Million in Sportradar Stock Through Data Agreement
The NHL can take an equity stake in data provider Sportradar of up to $90 million, or 1.8 percent, following its upcoming initial public offering (IPO). In July, the NHL and Switzerland-based Sportradar reached a...
Apollo, 888 Leading for William Hill International Biz as CVC Departs
888 Holdings (OTC:EIHDF) and Apollo Global Management (NYSE:APO) are the remaining contenders for the William Hill assets being auctioned by Caesars Entertainment (NASDAQ:CZR). CVC Capital Partners has dropped out of the bidding. Private equity firm...
Cosmopolitan Las Vegas Rumors Say Blackstone Wants $5B Plus
Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip. Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price...
BetMGM Entering Puerto Rico, First Sports Betting Market Access Outside Mainland US
BetMGM and Casino del Mar at La Concha Resort in San Juan, Puerto Rico have announced the gaming company is bringing mobile sports wagering to the territory, marking the first access agreement outside the 50...
Caesars William Hill Auction Nearly Done, Could Fetch up to $2.75B
Caesars Entertainment's (NASDAQ:CZR) auction of William Hill's international business is nearly complete. It's possible the US gaming behemoth will rake in more for those assets than previously expected. When Caesars revealed plans to acquire William...
Facebook Soon Introducing Fantasy Sports, Predictive Games
Social media giant Facebook is dipping its toes into fantasy sports and predictive games, revealing a suite of offerings pertaining to pop culture, sports, and television shows. The first game introduced by the company is...