DraftKings recently announced that they are acquiring Simplebet, a move that will enhance their in-play betting capabilities and strengthen their AI technology. This acquisition marks DraftKings’ second major purchase this year, following their acquisition of Jackpocket in May. DraftKings, the second-largest sports betting company in the US, has been expanding its portfolio through acquisitions, including SportsIQ Analytics and the recent sale of VSiN. The details of the deal with Simplebet have not been disclosed and are awaiting regulatory approval.
In other news, professional poker player Damien LeForbes pleaded guilty to operating an illegal sportsbook in California. This illegal operation is believed to be connected to Mathew Bowyer, another illegal bookmaker in California and Nevada. LeForbes wagered a significant amount of money at a casino referred to as “Casino A” in court documents, possibly Resorts World. This comes in the wake of the Nevada Gaming Control Board listing violations against Resorts World, which could lead to disciplinary action and fines.
The Southeastern Conference (SEC) has introduced mandatory injury reporting in response to the rise of sports betting and related scandals. This initiative aims to increase transparency and protect student-athletes and the integrity of the competition. Football teams will need to submit injury reports three days before kickoff, with fines imposed for non-compliance. The SEC joins other conferences like the Big Ten and the Mid-American Conference in implementing this policy.
On the business front, Australian-based BlueBet has announced its exit from the US market to focus on its core Australian operations. The company merged with Betr earlier this year to expand its presence in the Australian market. BlueBet, operating as ClutchBet in the US, cited slow regulatory progress and limited interest in its B2B SaaS platform as reasons for the exit.
Hard Rock Digital has launched its online wagering platform in Illinois, tied to the Hard Rock Casino Rockford. This marks the platform’s eighth state of operation, with existing presence in states like Arizona, Florida, and New Jersey. Hard Rock Digital also opened a brick-and-mortar sportsbook at the Rockford location, offering kiosks and teller windows for bettors.
In Missouri, the fate of a legal digital sports betting initiative hangs in the balance as a lawsuit challenges the certification of voter signatures. The initiative would allow for retail and digital wagering in the state, with specific licenses allocated to professional sports teams and casinos. The outcome of this legal battle could shape the future of sports betting in Missouri.
Lastly, a Raiders fan made a bold bet on their team winning the Super Bowl, placing a $31,000 wager at 80-1 odds with Caesars Sportsbook. If the Raiders emerge victorious, Caesars will have to pay out $2.48 million, making it the largest NFL futures bet recorded. The Raiders have a rich history in the Super Bowl, with three championships to their name, and fans are hoping for a successful season ahead.
