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NBA and MLB head to Connecticut in sports betting battle

But as the scenery changes, the song remains the same from the associations, who have reiterated their calls for a 1% integrity fee to be introduced, as they have done previously in both prior states. The move comes amid proposals to legalise sports betting in Connecticut, where the Public Safety and Security Committee, Co-Chaired by

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GVC/ Ladbrokes Coral deal clears final hurdle in High Court

Justices in the High Court unanimously voted to approve the £4bn deal, greenlighting the scheme of arrangement between the two companies. This latest approval follows positive decisions from the Competitions and Markets Authority (CMA) and shareholders in both firms, who met earlier this month. Under the terms of the takeover process, Ladbrokes Coral will delist

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Tipico extend Austrian Bundesliga sponsorship

German founded sportsbetting company Tipico,  headquartered in Malta since 2004, employs over 6,000 people worldwide with major branches in Austria, Croatia and its place of origin, Germany.  Discussing the new agreement Marlon van der Goes, Tipico Chief Commercial Officer, said: “The extension of our cooperation is a mutual commitment. Tipico and the Bundesliga stand for football,

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Scientific Games executives weigh in on Supreme Court ruling

Three executives from Scientific Games have offered their opinions on the decision that opens up sports betting across the country, finally ending Nevada’s monopoly on the practice. Referring to the Supreme Court’s ruling, Barry Cottle, CEO SG Interactive and incoming President & CEO of Scientific Games, says: “This decision will potentially bring about the greatest

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New Jersey rubs salt into NCAA wounds with $150m lawsuit

In its lawsuit the NJTHA claims that the leagues acted ‘in bad faith’ by seeking a restraining order to block New Jersey’s Monmouth Park Racetrack from offering sports betting in 2014. It alleges that the NCAA acted inappropriately in seeking a permanent injunction to bar the racetrack from offering sports betting, especially since the professional

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Sports betting at Meadowlands Racetrack generates $3.5m in the first nine days

Most of its revenue was generated from the two weekends that sandwiched a dead period for major professional sports caused by basebal’sl All-Star break. The Meadowlands opened with just one day remaining in the World Cup while the All-Star break was just beginning. Despite there being little to bet on, the organisation is satisfied with

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Sportech “well positioned in US” as profits stagnate

The London-based online gambling company’s revenue totalled £31.6m ($40.7m) during H1 2018, compared to £33.5m generated in the same period a year prior. However, this disparity was mainly down to the negative impact of currency fluctuations. When evaluating constant currency, revenues increased, albeit by just £400,000. Both gross profit and EBITDA were similarly affected by

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