Famously, at the height of the euro crisis in the summer of 2012, then head of the European Central Bank Mario Draghi issued a clarion call to the world’s investment community: The bank would do “whatever it takes” to ensure the stability of the single currency.
A prominent talking point during the current Covid-19 crisis is how DraftKings – a company that is all about sports – has made such a success out of a flotation which came when there was almost no sport available.
DraftKings’ debut under the DKNG US ticker on Nasdaq is a significant step forward for the entire global betting and gaming sector, not least because it gives an indication of the potential value of US-facing business units within various European listed entities.
A cash-strapped and struggling William Hill might seek either an outright or partial sale of its US business in order to right the ship in the face of continued debt pressures, according to recent analyst comment. The team at Numis in London today pondered whether a sale of William Hill US might be on the…
Editor’s Note: The dearth of sports betting options has funneled bettors to faraway leagues and niche sports to get their sports betting fix. As a result, US bettors are getting a crash course not just on strategy but also on other pitfalls that lurk in unfamiliar territory.
There may soon be little the legal US sports betting market feels it can learn from the European experience, but one of the few areas where it can still look for informed guesses about the future direction of the market is in the area of free-to-play games.
As ICE week progresses, attention turns to the IGB Affiliate Conference that takes place just down the hall from the main show at the ExCel Center.
This year at ICE 2020, Europe’s premier gaming exhibition, it felt like, for the first time, all the action was taking place elsewhere. In days gone by, Europeans saw the Super Bowl as merely an aperitif for the biggest exhibition on the gambling industry calendar: ICE.
Unsurprisingly for a sports-betting market which is far further down the road of regulation, the relationship between sports bodies, betting operators, and data suppliers in Europe is more advanced than the US.
If a trading statement aims to say little but deliver a lot, then it might be supposed we can expect great things from 888 in the US in the years to come.
End of content
End of content
Subscribe to our newsletter to stay up to date with the latest US betting news and gain access to exclusive bonuses, promotions, and offers.