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Wynn Interactive Going Public in Cope with Foley SPAC Austerlitz Acquisition

Wynn Resorts (NASDAQ:WYNN) said today it’s entering an agreement with special purpose acquisition company (SPAC) Austerlitz Acquisition Corp. I (NYSE:AUS) to bring the gaming operator’s interactive unit public. In a…

Apollo Lack of Sportsbook Expertise Might Be Hurdle in Tabcorp Bid, Say Analysts

Last week, Apollo Global Management (NYSE:APO) upped its bid for Tabcorp’s betting and media businesses to $3.1 billion. But some analysts believe the private equity firm’s dearth of direct sportsbook…

Higher Collective Bests DraftKings, FanDuel in $240 Million Deal for Motion Community

Danish betting analytics provider Better Collective is buying The Action Network for $240 million in cash and equity, extending a growing list of dealmaking between betting companies and media outlets.…

Genius Sports activities Jumps Into Free-to-Play Video games Area with FanHub Acquisition

Sports betting data provider Genius Sports (NYSE:GENI) is entering the free-to-play (F2P) games arena with the purchase of FanHub Media Holdings. Financial terms of the deal, which was announced today,…

Caesars Leisure Particulars $400M Overhaul of Atlantic Metropolis Casinos

When Caesars Entertainment and Eldorado Resorts merged last year, the New Jersey Casino Control Commission (CCC) signed off on the union. But it added one very big stipulation. The new…

Delaware North Promoting Jake’s 58 On line casino on Lengthy Island for $120M to Suffolk OTB

Delaware North is selling Jake’s 58 Casino Hotel on Long Island to the company that has long been operating its gaming machines. Newsday, a daily media outlet covering the Long…

VSiN Purchase Provides to DraftKings Content material Menu, Boosting Lengthy-Time period Earnings

On Tuesday, DraftKings (NASDAQ:DKNG) said it’s acquiring Vegas Sports Information Network (VSiN). It’s a move aimed at bolstering the sportsbook operator’s content offerings and its quest for vertical integration. Financial…

Blackstone Could Need to Elevate Bid for Crown Resorts, Says JPMorgan

Blackstone (NYSE:BX) is offering $6.2 billion for Crown Resorts. But that may not be enough to get the Australian gaming company to come to the bargaining table. On Sunday, Crown…

888 Holdings Mulling Run at William Hill European Property

888 Holdings is considering a bid for William Hill’s (OTC:WIMHY) European business. The properties are likely to be divested when Caesars Entertainment (NASDAQ:CZR) completes its $3.69 billion takeover of the…

Fox Mulls Tabcorp Takeover to Enhance Sports activities Betting Profile

Rupert Murdoch’s Fox Corp. (NASDAQ:FOXA) is reportedly mulling a bid for Australia’s Tabcorp as an avenue for increasing its sports wagering exposure. The media giant is said to be working…