Audacy. Adam

Sep 5, 2024 | legalsportsreport.com | Adam Candee |Audacy. Adam

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.

Feb 6, 2024 | legalsportsreport.com | Adam Candee |Audacy. Adam

In an explosive Monday court filing, DraftKings accuses its head of VIP operations of a yearlong plan to steal confidential information and take it to upstart Fanatics Sportsbook. DraftKings filed the civil action in the US District Court in the District of Massachusetts. In a 49-page filing, DraftKings alleges that Michael Hermalyn last week took the final steps in an elaborate plot to cripple its VIP operation days before the Super Bowl.

Aug 8, 2023 | legalsportsreport.com | Adam Candee |Audacy. Adam

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.