PointsBet dropped the ball The fallout continues from the wide-ranging basketball sports betting scandal of the past couple years, as the Canadian gambling regulator has proposed a five-day suspension of PointsBet’s license. On Thursday, the Alcohol and Gaming Commission of Ontario (AGCO) accused PointsBet of allegedly failing to “properly monitor, detect, document and report suspicious… Read more »
Sports apparel giant Fanatics announced Sunday night that it has agreed to acquire the US assets of sports betting company PointsBet for $150 million. PointsBet shareholders are expected to vote on the transaction in a late-June meeting. The Australia-based PointsBet will retain its other businesses around the world, including its proprietary software platforms. After the… Read more »
Coaching and marketing for sportsbooks don’t mix The college football bowl season and end of the NFL regular season, heading into the playoffs, is a busy time for sportsbooks. With all of the wagering activity, state regulators, industry watchdogs, and the books themselves must also be on the lookout for anything that might run afoul… Read more »
Penn National Gaming announced a blockbuster sports betting deal with a number of operators on Wednesday, setting it up to be a major player in the online sportsbook field. It also gives the operators – DraftKings, PointsBet, theScore, and The Stars Group – much needed entry into several states. A press release issued by Penn… Read more »
