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Bet 365 Making a Move

June 17, 2023

According to the US Sports Betting Market Monitor from Eilers & Krejcik Gaming (EKG), bet365 has shown significant progress in certain US markets. The report indicates that bet365 ranked as the fifth most downloaded app, following the top three market leaders and Caesars Sportsbook. This growth can be attributed to […]

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DraftKings has made a move to acquire PointsBet

June 17, 2023

DraftKings has made a move to acquire the US arm of PointsBet by offering an all-cash offer of $195 million. Previously, Fanatics had entered into a binding agreement with PointsBet to acquire its US arm. However, DraftKings has now surpassed Fanatics’ bid of $150 million, creating uncertainty regarding the acquisition. […]

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Casinos In Detroit Bring In $105.6 Million In May

June 16, 2023

In May, the three casinos in Detroit reported a total revenue of $105.6 million, which represented a 2.9% decrease compared to the same month the previous year. The majority of this revenue, amounting to $104.7 million, was generated from table games and slots. However, the monthly revenue from table games […]

IGT Selling Assets

June 15, 2023

IGT is considering selling off its gaming and digital content business to focus on its core lottery arm. The potential sale includes its global land-based casino games business, which has attracted interested buyers. However, the future of its sports betting division, part of the Play Digital unit, is uncertain due […]

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