DraftKings has brokered a deal to become the official sports betting and daily fantasy partner of Major League Baseball team the Chicago Cubs, while the operator has also opened a second retail sportsbook in New Hampshire.
Creditors of stricken South African horse racing operator Phumelela have voted to accept a business rescue deal from Mary Oppenheimer Daughters (MOD), effectively rejecting a takeover bid from British operator Betfred.
New Zealand Minister for Racing Winston Peters has set out his expectations for TAB NZ, saying that the new organisation should focus on helping the domestic industry recover from the novel coronavirus (Covid-19) pandemic.
US-based fantasy and sports betting operator FanDuel has signed a multi-year content and marketing agreement with the PGA Tour, with a view to expanding upon the increased betting momentum on professional golf markets seen in 2020.
The Hong Kong Jockey Club (HKJC) has reported declines in revenue and turnover for its 2019-20 fiscal year, though management hailed the business’ resilience after it managed to avoid race cancellations over the period.
PointsBet has agreed a deal to become the official sports betting partner of NBC Sports, while the operator has also set out plans to raise an additional Aus$300m (£165.1m/€184.4m/US$219.3m) in capital.