Daily Fantasy Sports
- DraftKings Introduces a Tiered Pick’em Format – In an attempt to engage a more casual fan, DraftKings introduces a new product without the salary cap model.
- PA Gambling Expansion Postponed Until Fall – Online gaming discussion has been shelved for now.
- Amaya Rebrands as The Stars Group, Eyes M&A As Profit Triples – Major changes have been made at the operator of Pokerstars, more changes to come.
- Aristocrat Buys Game Developer Plarium For $500 Million – Aristocrat announced that it has acquired Israeli social gaming developer Plarium Global Limited for $500m in cash.
- Respin Games (Nektan subsidiary) Announces Entry Into US Market – Respin inks a mobile-on-premises real money gaming deal with an undisclosed tribal operator in California.
- No Consensus On Where Supreme Court Will Land on Challenge to Sports Betting Law – Gaming law experts at the Saratoga Institute on Equine, Racing, and Gaming Law said it was hard to predict which way the court would rule.
- Millennial Esports Links Up With Eden Games – Millennial Esports has agreed to acquire an 82.5% stake in Eden Games for consideration of 9m Euro.
- Esports Draw an Audience More Interested in Fun Than Payouts – “The lure for players isn’t necessarily money… instead, the real appeal is meeting people from around the world who share your passion.”
- Two More Spots for Overwatch League Filled – Cloud9 buys a London franchise, the Kroenke family (L.A. Rams, Denver Nuggets) buys Los Angeles spot. Both carry a price tag of $20 million.
- India Offshore Casinos to Shift To Land-Based Operations – Decision announced by Goa chief minister. There are currently 6 offshore casinos and ten land-based casinos in Goa, but live gaming is only permitted on floating casinos. The Indian market is undergoing major shifts.
- Antigua Appoints Calvin Ayre as Economic Envoy for Technology Development – The government of Antigua and Barbuda has confirmed the appointment of Calvin Ayre, he will advise on the effective implementation of new technological advancements in cryptocurrency and blockchain.