Entain CEO Leaving Company for Co-CEO Role at DAZN

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DAZN made an offer he couldn’t refuse Entain, the parent company of partypoker, announced on Monday that chief executive officer Shay Segev is stepping down from his position. He will stay on for six months or until his replacement is hired before moving to sports streaming platform DAZN as its co-CEO. It sounds like Segev’s… Read more »

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MGM Explains Why It Wants to Buy Entain

MGM Explains Why It Wants to Buy Entain Thumbnail

Entain believes it’s worth more When Entain announced on Monday that it had rejected MGM Resorts International’s £8.1 billion ($11.1 billion) acquisition offer, it said that it wanted MGM to “provide additional information in respect of the strategic rationale for a combination of the two companies.” As it turns out, MGM did provide that additional… Read more »

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Entain Rejects MGM’s $11.1 Billion Takeover Offer

Entain Rejects MGM’s $11.1 Billion Takeover Offer Thumbnail

Entain says try again MGM Resorts International has made an £8.1 billion ($11.1 billion) offer to buy online gaming company Entain (formerly GVC Holdings), but Entain says it is not enough. On Monday, the owner of partypoker confirmed publicly that MGM did, in fact, receive a proposal from MGM, but that it “significantly undervalues the… Read more »

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BetMGM to Roll Out PlayPause Responsible Gambling System

BetMGM to Roll Out PlayPause Responsible Gambling System Thumbnail

Cross-border cooperation While we poker players like to complain that online poker rooms only care about their profits and not the players, in reality, most responsible online gambling outfits understand that the better they are when it comes to responsible gambling and player protection, the more comfortable players will be patronizing their sites, thus boosting… Read more »

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BetMGM to Supply Live Odds During PGA Tour Events

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Sports betting continues to be embraced by professional sports organizations. The latest evidence: for the first time, the PGA Tour will integrate betting odds in its telecasts. Starting Thursday during the broadcast of the CJ Cup @ Shadow Creek on the Golf Channel, BetMGM will provide betting odds for viewers. The telecast will display odds… Read more »

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Bettor Turns $10 Into $152K 11-Team Parlay Windfall

Bettor Turns $10 Into $152K 11-Team Parlay Windfall Thumbnail

Low risk, high reward Though the schedules and playing environments are certainly odd, sports in the United States are back up and running. It’s not normal for this to be the case, but because of season delays, all four major U.S. sports are in action: the NBA and NHL are in the playoffs, MLB is… Read more »

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Baseball Bettors Exploit BetMGM Mistake at Bellagio

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We’ve all had some version of that Back to the Future II fantasy. We have knowledge of the results of sporting events – with or without a sports almanac – and take advantage of that information by racking up sports betting winnings. An imperfect but quite profitable variation of the fantasy happened in Las Vegas… Read more »

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Signs Point to partypoker Nevada Launch in Near Future

Signs Point to partypoker Nevada Launch in Near Future Thumbnail

Eyebrows were raised throughout the poker community over the weekend when BetMGM sent out an interesting e-mail to its customers. The e-mail, hyping a promotion that began Sunday, strongly implies that partypoker might be launching soon in Nevada. Though many people received the e-mail, poker media maven Kevin Mathers posted it on Twitter for those… Read more »

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