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DraftKings Rallies on Pre-Earnings Bull Call by Bernstein

DraftKings (NASDAQ:DKNG) stock is trading higher Monday after research firm Bernstein reiterated an “outperform” rating on the sportsbook operator.

draftkings stock
DraftKings stock rallies on bullish note. The company reports earnings on Friday. (Image: Wall Street Journal)

That bullish call comes after DraftKings shed seven percent in July, and in advance of the company’s second-quarter earnings report scheduled for Friday, Aug. 6, prior to the open of US markets. Bernstein said that batch of numbers from the gaming company — its fifth report as a public company — is likely t

Caesars Sportsbook Debuts Colossal Ad Campaign, William Hill Phased Out

The Caesars Sportsbook has officially debuted in the United States, as Caesars Entertainment does away with the William Hill brand in favor of incorporating its own name into the online gaming space. 

Caesars Sportsbook William Hill sports betting
Caesars Entertainment is dropping William Hill in the US, and instead launching a new trademark called Caesars Sportsbook. The online identity is up and running in several states that allow online sports betting, and the platform is using actor JB Smoove (pictured) to promote the sportsbook. (Image: Caesars Entertainment)

Caesars Entertainment closed on its acquis

Macau aggregated gross gaming revenues continued their resurgence in July

In Macau and aggregated gross gaming revenues for July reportedly rose by 528.1% year-on-year to just over $1.05 billion despite the continuing presence of a range of anti-coronavirus travel restrictions. According to a report from GGRAsia citing official data from the Gaming Inspection and Coordination Bureau regulator, the figure for the 31-day period represented the […]

Playson launches August edition of online slots CashDays Tournament with €60,000 prize pool

Malta-based online casino software developer Playson has announced a tantalizing prize pool worth €60,000 by way of the August edition of its wildly popular CashDays tournament that will incorporate 15 of the international brand’s hit slots. With the weather continuing to heat up this month, it is only appropriate that the slots tournament scene follows […]

Manila casinos to be closed again from Friday owing to coronavirus

In the Philippines and the government of President Rodrigo Duterte has reportedly decided to temporarily close casinos in metropolitan Manila for a third time in 17 months owing to a significant rise in the local prevalence of coronavirus. According to a report from Inside Asian Gaming, the latest shuttering is due to begin from Friday […]

Drew O’Connell of NJ wins WSOP Online NLH Championship

WSOP.com just finished up the $1,000 No-Limit Hold’em championship event, with 821 players competing. The prize pool totaled $738,900 and it was Drew O’Connell of New Jersey who earned the first-place win after 11 hours of play. The win gave O’Connell his first WSOP bracelet and just over $146,000 in prize money. Busy WSOP For […]

TwinSpires partners with Mazatzal Hotel & Casino in Arizona via online sports betting deal

Sports betting continues to grow across the United States and the industry is well on its way to Arizona. The Department of Gaming just recently submitted the rules for the new industry and if the US Secretary of State approves the rules, the action will start this September. In anticipation of sports betting, TwinSpires and […]

Gun Lake Tribe, Parx Interactive to Join Michigan’s Online Sports Betting Market

One more sportsbook in Michigan

Michigan sports betting has gone from strength to strength since its sportsbooks first began taking bets in January this year. Now, the Gun Lake Band of Pottawatomi Indians, otherwise known as the Match-E-Be-Nash-She-Wish Tribe, will join the state’s fast-growing online market in partnership with Parx Interactive.

the partners already offer an iGaming app in the state

The Michigan Gaming Control Board (MGCB) authorized the tribe to launch its internet sports betting offering starting at 9am local time on Monday morning. Through their agreement, Parx Int

Crown Resorts Unsuitable, But Will Keep Victoria License, Says JP Morgan

JP Morgan is betting that Crown Resorts will be found unsuitable for licensing in the Australian state of Victoria. But Crown will continue to operate its flagship resort in state capital Melbourne, as the cancellation of its license is deferred, speculates Don Carducci, an analyst with the investment bank.

Crown Resorts
Commissioner Ray Finkelstein, seen during a recent hearing of the Crown Resorts suitability inquiry in Melbourne. (Image: The Australian)

A Victorian royal commission is examining Crown Melbourne’s operations after a similar inquiry in New South Wales found

TwinSpires Sets Sights on Arizona Sports Betting Market With Tonto Apache Tribe Deal

Retail and online operations

TwinSpires is looking to access to the soon-to-launch sports betting market in Arizona after partnering with the Tonto Apache Tribe. The Churchill Downs-owned brand announced the deal with the owner and operator of the Mazatzal Hotel & Casino on Friday.

The partnership will see TwinSpires open a branded retail sportsbook at the casino facility. It will also be able to launch an online sportsbook in Arizona. The operator will first need to get the relevant regulatory approval and gaming licenses for both sportsbooks.

TwinSpires was originally a horse racing

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