DraftKings Facing Legal Issues on Multiple Fronts

DraftKings Facing Legal Issues on Multiple Fronts Thumbnail

Possible trouble with the purchase of GNOG DraftKings is just finding itself in all sorts of legal messes lately. A law firm has announced an investigation into the sports betting company’s acquisition of Golden Nugget Online Gaming (GNOG) for potential violations of securities law and a British bookmaker has sued DraftKings for patent infringement. Let’s… Read more »

Other Poker News

Sportsbooks Made a Killing on NFL Games in November

Sportsbooks Made a Killing on NFL Games in November Thumbnail

Does everyone really love an underdog? The betting gods giveth and the betting gods taketh away. After an ultra successful October, NFL sports bettors got destroyed in November, leading to what Superbook executive director John Murray told ESPN was “one of our best hold months in Nevada on record.” Jeff Stoneback, who heads BetMGM’s Nevada… Read more »

Other Poker News

MGM Resorts International to Sell The Mirage in Las Vegas

MGM Resorts International to Sell The Mirage in Las Vegas Thumbnail

Diversification plans The landscape of the Las Vegas Strip will continue to change, as MGM Resorts International has said it is looking to sell The Mirage. During the company’s quarterly conference call on Wednesday, CEO Bill Hornbuckle said that the company feels it has enough exposure on The Strip. “As such, we are currently in… Read more »

Other Poker News

DraftKings Ends Efforts to Acquire Entain

DraftKings Ends Efforts to Acquire Entain Thumbnail

Couldn’t see eye to eye DraftKings’ pursuit of Entain is over. On Tuesday, the sports betting and daily fantasy sports leader said it has ended talks with Entain about acquiring the partypoker parent company. Neither company gave specifics as to way no deal could be agreed upon. According to UK law (Entain is headquartered in… Read more »

FeaturedOther Poker NewsPoker Stocks

MLS Suspends Felipe Hernandez for Betting on Matches

MLS Suspends Felipe Hernandez for Betting on Matches Thumbnail

Major League Soccer (MLS) announced on Friday that it has suspended Sporting Kansas City midfielder Felipe Hernandez for the rest of the season without pay for betting on MLS games. The league said that he “engaged in extensive and unlawful sports gambling” while he was on the team, gambling which included wagering on two MLS… Read more »

Other Poker News

DraftKings Ups Bid for Entain to $22.4 Billion

DraftKings Ups Bid for Entain to $22.4 Billion Thumbnail

Apparently that wasn’t DraftKings’ best offer Late Tuesday, after partypoker’s parent company Entain confirmed that DraftKings had put forth an offer to buy the UK-based gambling company, Entain pulled back the curtain further, revealing that it was already considering a second offer from DraftKings. The original offer, according to CNBC, was for $20 billion. Entain… Read more »

Online PokerOther Poker NewsPoker Stocks

Arizona Sports Betting Ready to Go September 9 as Judge Denies Tribe’s Injunction Request

Arizona Sports Betting Ready to Go September 9 as Judge Denies Tribe’s Injunction Request Thumbnail

Plenty of sports betting options in Arizona Sports betting operators can start taking bets in Arizona on Thursday, September 9, after a judge ruled against a tribe that had filed an injunction to block the industry’s launch. On Monday, Maricopa County Superior Court Judge James Smith rejected most of Yavapai-Prescott Indian Tribe’s arguments. Arizona Governor… Read more »

Other Poker News