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Three years later, the seven leading U.S. sportsbooks have a combined 87 sponsorship deals with teams in the NFL, NBA, NHL and Major League Baseball in 16 legalized states. BetMGM has the most, at 23. FanDuel has 17, Caesars 16, DraftKings 11, Fanatics eight, ESPN Bet six and Bet365 six.
Gambling giants to make bids for NBA games rights
The latest broadcast contract is projected to be valued at $75 billion total — over $8 billion annually — and gambling giants like FanDuel, DraftKings, and Caesars Sportsbook are expected to make bids for live game rights, sources tell Front Office Sports.
Former Spurs player Tony Parker is going all in and will be part of the 2021 schedule for the World Series of Poker's Main Event in Las Vegas. According to Gregorgy Chochon, director of the World Series of Poker for Caesars Entertainment, the French basketball legend is the first qualified player for the World Series of Poker Main Event.
Luka Doncic favorite to win MVP
Luka Doncic has separated himself from Giannis Antetokounmpo and emerged as the consensus favorite to win the NBA regular-season MVP at U.S. sportsbooks, and bettors are flocking to the Dallas Mavericks' young superstar. On Nov. 10, Doncic and Antetokounmpo opened as +550 co-favorites at Caesars Sportsbook by William Hill. Since then, Doncic has attracted twice as many bets -- and twice as much money -- as any other player to become the solo favorite at +400.
Luka Doncic has separated himself from Giannis Antetokounmpo and emerged as the consensus favorite to win the regular-season MVP at U.S. sportsbooks, and bettors are flocking to the Dallas Mavericks' young superstar. On Nov. 10, Doncic and Antetokounmpo opened as +550 co-favorites at Caesars Sportsbook by William Hill. Since then, Doncic has attracted twice as many bets--and twice as much money--as any other player to become the solo favorite at +450.
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The odds to be the No. 1 overall pick in Wednesday's NBA draft have moved significantly in recent weeks, with Anthony Edwards and LaMelo Ball taking turns as the betting favorite at sportsbooks. As of Wednesday morning, just hours before the draft, Edwards was the favorite at -130 to go No. 1 at Caesars Sportsbook by William Hill, with Ball listed at even money. The Minnesota Timberwolves own the No. 1 pick in the draft (7:30 p.m. ET, ESPN).
As for Harden? An explanation remained elusive. Despite Harden’s documented arrival, there was still no official update from the NBA or the Rockets. Was he sick? Was he dealing with a personal matter? Was he injured? Did he, like Westbrook, have coronavirus? These are questions that bookmakers in Vegas were asking, and without answers, they had to take unusual action. As of Thursday afternoon, major American sportsbooks like BetMGM, Caesars, SuperBook, William Hill and DraftKings were not taking bets on the July 31 game between the Rockets and Dallas Mavericks game. It was the only game from the NBA’s re-opening weekend removed from consideration. “We had to take it off the board,” says Nick Bogdanovich, the director of trading at William Hill, one of America’s leading sports book operators. “We’re waiting on more information.”
Harris Blitzer Sports & Entertainment (HBSE) today announced a multi-year partnership with Caesars Entertainment (NASDAQ: CZR), the world’s most diversified casino-entertainment provider, for its marquee properties: the Philadelphia 76ers, New Jersey Devils and Prudential Center. This historic partnership will introduce New Jersey sports fans to Caesars Entertainment’s new sports book experience now available at two of its Atlantic City properties and The Caesars Casino & Sports app through special promotions and activations inside the exclusive Caesars Club at Prudential Center. The 5,000-square-foot premium restaurant and bar will be located on the main concourse, providing Caesars Entertainment’s signature VIP hospitality to Premium Seat members for all New Jersey Devils home games and will be open to all event attendees during more than 175 live events, games and concerts held at the world’s No. 8 “Most Played Venue”* annually.
The billionaire owner of Golden Nugget Casinos has approached Caesars Entertainment about a merger that would value publicly traded Caesars at $13 per share, sources told The Post. Golden Nugget owner Tilman Fertitta, who also owns the NBA’s Houston Rockets, floated the deal, which would come in the form of a reverse merger, to Caesars’ board last week but still awaits a response, sources said. Sources said Caesars, with a market cap of $6.8 billion, could shun the offer from Fertitta, whose net worth is estimated by Forbes to be $4.5 billion.
Nevada regulators have recommended that Horseshoe Casino Cleveland and Cleveland Cavaliers owner Dan Gilbert be allowed to purchase interest in a Caesars Entertainment affiliate. The company, Caesars Interactive Entertainment, operates an online real-money poker site in the state and is applying for the right to run an on-line site in New Jersey. Gilbert and his company, Rock Gaming, paid $60 million for interest in Caesars Interactive Entertainment in May 2012 and loaned the company another $19 million last November, reports Howard Stutz of the Las Vegas Review-Journal. Both the payment and loan would be converted into equity, giving Gilbert 5.45 percent of the company and Rock 9.9 percent.
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