Wagering

PlayLouisiana.com: Louisiana Sportsbooks to Draw More Than $2.5 Billion in Annual Wagering Once Market Matures

Retrieved on: 
Friday, June 18, 2021
Wagering, Sports betting, Gambling

"Louisiana should be able to outperform its relatively small population," said Eric Ramsey, analyst for the PlayUSA.com network, which includes PlayLouisiana.com.

Key Points: 
  • "Louisiana should be able to outperform its relatively small population," said Eric Ramsey, analyst for the PlayUSA.com network, which includes PlayLouisiana.com.
  • "In fact, as a market Louisiana shares many of the same attributes that have made New Jersey and Nevada sports betting meccas.
  • With a population of more than 4.6 million people, Louisiana should generate $2.5 billion in retail and online sports wagering by the market's third year, according to PlayLouisiana projections.
  • Louisiana is a smaller state, but it has the potential to drive significantly more wagering than its population might suggest.

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Churchill Capital Corp. IV and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, June 18, 2021
Legal, Professional services, Stock market, Derivative, Financial law, Wagering, Security, Finance, Primary dealers, Investment, Subprime mortgage crisis

Investors have until June 18, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

Key Points: 
  • Investors have until June 18, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
  • On February 22, 2021, the merger between Churchill and Lucid was announced with transaction equity value estimated at $11.75 billion.
  • On February 23, 2021, Churchills stock fell $22.16, or 38%, to close at $35.21 per share on February 23, 2021.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Provention Bio, Washington Prime, Virgin Galactic, and RLX and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 17, 2021
Cars, Stock market, Motor vehicles, Financial law, Derivative, Wagering, Security, Stock, Acura RLX, Investment

On this news, Provention's stock price fell $1.73 per share, or 17.78%, to close at $8.00 per share on April 9, 2021.

Key Points: 
  • On this news, Provention's stock price fell $1.73 per share, or 17.78%, to close at $8.00 per share on April 9, 2021.
  • The Company further advised that, in an event of default, certain counterparties to the senior notes could accelerate the outstanding indebtedness due .
  • For more information on the RLX class action go to: https://bespc.com/cases/RLX
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Vegas Isn't the Only Gambling Option Today as eSports Gaming Has Exploded in Popularity Globally

Retrieved on: 
Wednesday, June 16, 2021
Wagering, Browser-based game websites, Daily fantasy sports, Sports betting, eSports, Video game culture, DraftKings, Corsair Gaming, Human activities, Entertainment, BYD, Gaming

Some of the reasons why eSports has exploded in popularity include the abundance of games as well as their quality and accessibility.

Key Points: 
  • Some of the reasons why eSports has exploded in popularity include the abundance of games as well as their quality and accessibility.
  • The SportingPedia article said: "The rising popularity of eSports stimulated licensed sports betting operators to offer eSports betting services.Traditional eSports betting and skin betting are the two aspects of eSports betting.
  • "Active gaming and tech companies in the markets today include: Esports Technologies(NASDAQ: EBET), Corsair Gaming, Inc. (NASDAQ: CRSR), Boyd Gaming Corporation (NYSE: BYD), Bally'sCorporation(NYSE: BALY), DraftKings Inc. (NASDAQ: DKNG).
  • Recognizing the big potential of the eSports industry, a growing number of casinos started to accept wagers for eSports competitions.

Vegas Isn't the Only Gambling Option Today as eSports Gaming Has Exploded in Popularity Globally

Retrieved on: 
Wednesday, June 16, 2021
Wagering, Browser-based game websites, Daily fantasy sports, Sports betting, eSports, Video game culture, DraftKings, Corsair Gaming, Human activities, Entertainment, BYD, Gaming

Some of the reasons why eSports has exploded in popularity include the abundance of games as well as their quality and accessibility.

Key Points: 
  • Some of the reasons why eSports has exploded in popularity include the abundance of games as well as their quality and accessibility.
  • The SportingPedia article said: "The rising popularity of eSports stimulated licensed sports betting operators to offer eSports betting services.Traditional eSports betting and skin betting are the two aspects of eSports betting.
  • "Active gaming and tech companies in the markets today include: Esports Technologies(NASDAQ: EBET), Corsair Gaming, Inc. (NASDAQ: CRSR), Boyd Gaming Corporation (NYSE: BYD), Bally'sCorporation(NYSE: BALY), DraftKings Inc. (NASDAQ: DKNG).
  • Recognizing the big potential of the eSports industry, a growing number of casinos started to accept wagers for eSports competitions.

American Betting Experts: What Marylanders can expect as the Old Line State is set to become new sports betting frontrunner

Retrieved on: 
Tuesday, June 15, 2021
Gambling, Wagering, Sports betting, Sportsbook, Betting in poker

Governor Larry Hogan's signature makes Maryland the fifth state to pass legal sports wagering in 2021 after South Dakota, Wyoming, New York and Arizona.

Key Points: 
  • Governor Larry Hogan's signature makes Maryland the fifth state to pass legal sports wagering in 2021 after South Dakota, Wyoming, New York and Arizona.
  • Come the official launch, you as a Marylander will be able to place a sports bet at stadiums, casinos and sportsbooks.
  • Even better, you will also be able to wager on sports online via desktop, mobile and tablet devices.
  • The Maryland sports betting bill makes room for up to 60 online sportsbooks in Maryland.

New Social Sports Betting App SETTLE-IT Launches.

Retrieved on: 
Tuesday, June 15, 2021
Gambling, Wagering, Betting in poker

LONDON, June 15, 2021 /PRNewswire/ -- SETTLE-IT , a brand-new social betting app aiming to change the way people bet, is now live and available on both iPhone and Android mobile devices.

Key Points: 
  • LONDON, June 15, 2021 /PRNewswire/ -- SETTLE-IT , a brand-new social betting app aiming to change the way people bet, is now live and available on both iPhone and Android mobile devices.
  • Using SETTLE-IT, friends can now challenge each other to a "SETTLE-IT" rather than having to go through the incumbent betting channels with odds stacked against the end-user.
  • SETTLE-IT is an innovative new product that allows you to choose the event, the stake, the odds and crucially the opponents for a more fulfilling betting experience.
  • We believe that this needs to change so that anyone can challenge another person in their social network to a bet solely through their mobile device.

The Action Network and Major League Baseball Announce Multi-Platform Content Partnership

Retrieved on: 
Friday, June 11, 2021
Wagering, Sports, Sports betting, Entertainment, The Action Network, Major League Baseball, MLB Network, Mass media in the United States, MLB International

The Action Network , part of sports betting media group Better Collective, and Major League Baseball (MLB) has announced a multi-platform content partnership.

Key Points: 
  • The Action Network , part of sports betting media group Better Collective, and Major League Baseball (MLB) has announced a multi-platform content partnership.
  • As part of this content integration, Action Network will provide its award-winning sports betting information and content to Major League Baseballs platforms across digital and broadcast channels.
  • Major League Baseball will leverage The Action Networks MLB-focused betting content on MLB-owned sites as well as feature The Action Network talent and content on Major League Baseballs sports betting show Bettors Eye, and within MLB Networks daily studio programming.
  • Additionally, The Action Network will create a live original Major League Baseball-focused sports betting discussion and analysis show, exclusive to Major League Baseball.

PointsBet Secures Strategic Partnership with The Riverboat on the Potomac in Maryland

Retrieved on: 
Thursday, June 10, 2021
Sports betting, Wagering

The agreement shall afford PointsBet the privilege of partnering with the revered Riverboat on the Potomac, a licensed satellite simulcast facility for horseracing and minority owned small business located in Charles County, Maryland.

Key Points: 
  • The agreement shall afford PointsBet the privilege of partnering with the revered Riverboat on the Potomac, a licensed satellite simulcast facility for horseracing and minority owned small business located in Charles County, Maryland.
  • Subject to regulatory approvals from the Maryland Lottery & State Gaming Control Agency and per the recently enacted legislation, the strategic partnership positions PointsBet and Riverboat on the Potomac to quickly offer its best-in-market sports betting product in retail and online capacities in the state, once permitted.
  • "With terrific partners in The Riverboat on the Potomac, PointsBet is thrilled to begin the process toward offering the passionate, sports-loving community of Maryland with the fastest and most differentiated sports betting product across every customer touchpoint," commented Johnny Aitken, PointsBet USA CEO.
  • The Riverboat is moored in Virginia, however, because the betting lounge, restaurant, liquor store, and other facilities are located over the Maryland state line, the Riverboat contributes to Maryland lottery revenue and pays other Maryland state taxes.

BlockFi Launches BlockFi Prime for Institutional Clients

Retrieved on: 
Thursday, June 10, 2021
Financial law, Derivative, Wagering, Financial markets

BlockFi Prime is the latest addition to a host of Prime Services offered to BlockFi's institutional clients, which also includes digital asset borrowing and 24/7 client service via its OTC trading capabilities.

Key Points: 
  • BlockFi Prime is the latest addition to a host of Prime Services offered to BlockFi's institutional clients, which also includes digital asset borrowing and 24/7 client service via its OTC trading capabilities.
  • BlockFi Prime's features include:
    A flexible pricing model that allows an organization to select features which best fit its organization's needs, including TWAPs and spot
    In addition, BlockFi expects in the coming months to add tools to BlockFi Prime focused on margin trading, derivatives and automated margin lending.
  • "BlockFi Prime is an exciting new tool that provides investors an unparalleled degree of control, insight, and convenience in managing their organization's crypto assets."
  • "Developing and launching BlockFi Prime is a natural next step for us as we continue to respond to the evolution of digital assets and institutional investors adjust their trading strategies," added David Olsson, Vice President and Global Head of Institutional Distribution at BlockFi.