OpenBet May Sell at a Steep Discount, Says Report

Endeavor Group Holdings, Inc. (NYSE: EDR) is exploring the sale of its sports betting assets, including OpenBet and IMG Arena, with OpenBet possibly selling for a steep discount compared to its original purchase price. Endeavor acquired OpenBet from Scientific Games…

BetMGM and Gannett Announce Long-Term Partnership

BetMGM has entered into a long-term partnership with Gannett, the publisher of USA Today, positioning BetMGM as the official online sportsbook operator for USA Today Sports. Although the financial details of the agreement have not been disclosed, the partnership will…

MLBPA sues Bet365, DraftKings over player image use.

The Major League Baseball Players Association (MLBPA), the union representing MLB athletes, has filed a lawsuit against four gaming companies, including Bet365 and DraftKings, accusing them of using players’ names, images, and likenesses without permission in their advertisements and betting…

German Authorities Probe Match-Fixing on Dark Web

German authorities are currently investigating claims of a match-fixing and betting fraud operation within the country’s lower-tier soccer leagues. This probe began after The Hamburger Morgenpost uncovered message logs allegedly showing details about rigged matches being sold on the dark…

Morningstar Praises Flutter Entertainment in New Coverage

Flutter Entertainment (NYSE: FLUT) has received praise in new coverage by Morningstar, with the research firm highlighting the gaming company’s effective capital allocation, in-house product development, and robust risk management capabilities. In a note released today, analyst Dan Wasiolek initiated…

BlueBet Exits US to Focus on Australian Betting

Australian sportsbook operator BlueBet has announced its decision to withdraw from the US market to concentrate on its thriving sports betting business in Australia. This decision follows a strategic review of BlueBet’s US operations, coming just two months after the…