MGM Received Government Clearance to Acquire LeoVegas
Despite a $1.6 million fine in the UK & an insider trading probe in Sweden, MGM still wants to buy LeoVegas. It has until Aug. 30 to decide on the $607M offer.
Despite a $1.6 million fine in the UK & an insider trading probe in Sweden, MGM still wants to buy LeoVegas. It has until Aug. 30 to decide on the $607M offer.
CEO Tom Reeg says the company wants to avoid offending its tribal business partners, including two tribes in Cali where Caesars manages their properties.
Southland Casino Hotel, located across the river in West Memphis, AR, launched its Betly Sportsbook in Tennessee to serve its “many loyal patrons” there.
The Champions’ Preseason is offering huge prizes in all PokerStars US jurisdictions as a lead-up to USCOOP.
Gov. Laura Kelly & Kansas Lottery officials announced a soft launch period will start on Sept 1. A full launch will follow on Sept 8, the first day of the NFL season.
The company, formerly known as Penn National Gaming (PNG), told the SEC that it will purchase all outstanding shares of Barstool and make it a wholly-owned subsidiary in February 2023.
Despite stubborn inflation, WV sportsbooks hit record highs while online casino operators in the Mountain State had their second-best month to date.
Two regulators, the Kansas Racing & Gaming Commission (KRGC) & the Kansas Lottery Commission (KLC), sent proposed rules to AG Derek Schmidt last week.
Meanwhile, five sports betting operators spent $50 million in July to get the initiative passed.
Separate 10-year market access agreements with Caesars Entertainment will help company expand to North America. Future launches in Ontario and five other US states also planned.