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Audacy. Adam

As seen in: Legal Sports Report
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Articles

Sweepstakes Operators Launch Trade Group As Industry Attention Grows

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By Adam Candee Verified, Audacy. Adam
| Legal Sports Report Verified
Social and sweepstakes operators are mobilizing to advocate for their industry as state regulators look closer into the legality of their games. A number of social and sweepstakes companies announced Thursday the formation of the Social and Promotional Gaming Association.
Open in Who Shared View Duplicates (2) Issue with article?

ESPN BET App To Launch This Fall With Penn As Barstool Brand Axed

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By Adam Candee Verified, Audacy. Adam
| Legal Sports Report Verified
The sleeping giant of global sports finally entered the US sports betting space Tuesday as ESPN announced plans to launch ESPN BET in partnership with PENN Entertainment. The entrance of ESPN BET also brings the exit of Barstool Sportsbook. In concert with its announcement of the ESPN sports betting deal, PENN announced a full sale of Barstool Sports back to founder Dave Portnoy. PENN will pay ESPN $1.5 billion over the term of a 10-year contract.
Open in Who Shared Issue with article?

DraftKings, PointsBet To Open Talks With Fanatics Still In Play

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By Adam Candee Verified, Audacy. Adam
| Legal Sports Report Verified
The board of PointsBet announced Sunday evening that it will move forward exploring a last-minute offer by DraftKings, while continuing to recommend a Fanatics bid — for now. The Australian company issued a press release announcing it will engage DraftKings on its $195 million offer to purchase PointsBet‘s US assets.
Open in Who Shared Issue with article?
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