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The major gambling groups need more US states to legalise sports wagers to become profitable
More than 50mn Americans set to bet on the event either casually among friends or through an official channel
Shares in US sports gambling sites have slumped
Cable sports network considers striking licensing deals with bookmakers
Sports betting group has boosted spending as it seeks to grab market share in US
Backers will have to bring in more cash to improve the odds of their bet paying out
US betting group decides against formal offer a week after bid deadline was extended
UK gambling group says two parties still in talks on terms of £18.4bn offer
Founder of fantasy sports start-up raises the stakes with £18bn bid for UK rival Entain
US group’s bid for UK rival highlights how consolidators are upping the ante
US fantasy sports outfit will gain access to Fertitta-backed online gaming platform’s more than 5m customers
Short seller has dropped his latest bombshell by targeting blank cheque darling DraftKings
Plus: the hedge fund generating record returns from an unexpected asset class, and another activist gatecrashes the Universal Music Group spin-off
Report about sports betting company is the latest move by short seller to target a company listed via a Spac
Agreements with Caesars Entertainment, DraftKings and FanDuel mark an about-face for American football league
Even with the lockdown surge in business, neither of the sports betting sites is profitable
DD’s inaugural event assembled executives to reflect on a tumultuous year, and where the US election and hunt for a Covid cure will lead
This week in the business of sport: Michael Jordan takes stake in US sports betting outfit DraftKings, fund manager Lindsell Train backs on sport stocks, and more
Move by retired basketball legend points to growing market for US sports betting despite pandemic
Retired basketball star will join the Boston-based group’s board as a special adviser
The vehicles are always back in fashion when financial markets become frothy
Against the odds, the gaming company’s kitchen sink strategy is working
Sports betting site’s listing comes at a time when most events have been cancelled
Fantasy sports betting platform agrees three-way deal with Diamond Eagle and SBTech
Stoke-based operator looks to bring its in-play betting expertise to New Jersey’s shores
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