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US betting industry Ready to welcome Danish partners better?

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us betting industry ready to welcome danish partners better?

Ethan Miller / Getty Images / AFP

The legal sports betting industry in the US continues to be a destination for some of the largest providers in the world. Arguably the world’s most emerging market was a flash of expansion, and news of the sale of The Action Network, a US-based sports betting company, to Danish company Better Collective is just another example.

On Tuesday, it was announced that Better Collective had acquired 100% of The Action Network for $ 240 million in cash and stock, with Better Collective providing $ 12 million of new stock to Action Network management and executives represents. The deal gives the Danish company immediate access to the exploding US market and serves to eradicate a potential major competitor in the US sports content space.

What is the better collective?

Better Collective has 17 years of legal sports betting experience, mostly in Europe, and has relationships with a number of global sports betting including bet365, Coral, Matchbook, Unibet and many others.

Better Collective is a “sports betting media group developing educational platforms within the iGaming industry”. Their mission was to make sports betting and gambling fun, transparent and fair for the global network of online betting.

The expansion of their services is obviously a next step in their evolution, and the US market is considered the biggest fish in global industry.

What about the action network?

The Action Network is a self-described leader and a trusted source for sports fans looking to enhance their betting and entertainment experience through original news, premium insights, betting tools, data and odds.

Chernin was founded by The Chernin Group in 2017 after the acquisition of three legal sports betting companies and DFS. The company has brought the companies together into one comprehensive company, offering its customers free services and subscription-based tools to support the growing US legal sports betting industry.

As a sports betting product and media company, The Action Network has grown into a leading provider of premium content, proprietary tools and in-depth analytics for sports fans and bettors to better educate sports fans about betting.

Commenting on the rise of The Action Network, CEO Patrick Keane said: “In just a few years our team has built a leading sports betting product and media business in the US market and has made us attractive to a leading international player.”

A coup for a better collective

The Action Network brings Better Collective instant credibility to the US legal sports betting space. The Action Network has made a name for itself as the premier destination for sports content and products in the US betting industry. According to the Wall Street Journal, The Action Network has an average of 3.6 million users a month.

The Action Network also brings a trusted name that has done well providing bettors and sports betting a one-stop shop for original sports news content, premium insights, an impressive and varied menu of odds and top-notch proprietary betting tools and data.

Jesper Søgaard, CEO of BC, said of the news from The Action Network: “We are adding three new, very well-positioned US sports media brands to our portfolio and welcoming around 100 new colleagues who together provide an invaluable pool of knowledge and expertise in the US sports betting media represent market. Either way, this is a great day for Better Collective. “

There were rumors of a bidding war for the services of The Action Network – the two DFS giants in the US family for legal sports betting were also after what the media brand is bringing to the table.

The effects

The deal with Better Collective / Action Network is sure to have an impact on the US market. The new member of the US legal sports betting family will skip several steps on the road to relevance thanks to the purchase of such an established entity while keeping The Action Network away from competing forces within space.

Action’s revenues are on track to hit approximately $ 40 million this year. If the new company adds to what the Better Collective brings to the table, it could have sales of over $ 100 million by the end of 2022.

This is just another sign that the gold rush in legal sports betting in the US is continuing, and that companies far and wide will pay almost anything to get a bigger slice of US pie.

Source * www.sportsbookreview.com – * Source link

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Montreal Canadiens coach Dominique Ducharme symptom-free, hopes to return in days

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MONTREAL – Canadien’s interim coach Dominique Ducharme said on Sunday that he had remained symptom-free two days after testing positive for COVID-19 and that he hopes to be back behind the bench during the Stanley Cup semi-final series in Montreal against Vegas.

Ducharme wore a dark blue collared Canadiens shirt, white hair and a familiar short stubble on his chin and spoke to reporters from an unknown location during a 12-minute video conference, his first comments since his mandatory isolation.

“I wish I could be on the rink now. I don’t feel any different than I did a week ago,” said Ducharme as the Canadiens prepared to host Vegas in Game 4 on Sunday night.

Montreal has a 2-1 lead in the series, Game 5 in Vegas is scheduled for Tuesday. If necessary, Game 6 will be played in Montreal on Thursday and Game 7 in Vegas on Saturday.

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Ducharme was asked if he would have to spend 14 days in isolation.

“I’m confident I’ll be back before that,” he said.

Ducharme said he was fully vaccinated against the coronavirus and would end the two-week waiting period after his second vaccination on Wednesday.

It is unclear whether 48-year-old Ducharme will be able to return at this point.

“Until then, nothing has been confirmed. The organization is in contact with the authorities. It is a unique situation. We have been isolated since December,” said Ducharme in French.

Ducharme said no one he had contact with, including his girlfriend, tested positive. He said he was following NHL COVID-19 protocols when the Canadiens traveled to Vegas last week to open the series.

The Canadiens were restricted to certain areas of their Vegas hotel and had to take the bus to and from the ice rink.

Montreal, a member of the NHL’s Canadian North Division, is the only Canadian team to cross the line this season after teams were restricted to play within the division in the second round of the playoffs.

“It’s frustrating because I did everything you asked us to. I never exposed myself. I was so unlucky,” said Ducharme, who is in daily contact with his team and employees by phone and video call.

This is the second straight postseason that Montreal assistant Luke Richardson has had to step in in an emergency. Last summer, Richardson and former assistant coach Kirk Muller shared coaching duties after Claude Julien was hospitalized with chest pain after the first game of the Montreal-Philadelphia first-round series.

Julien missed the rest of the playoffs and resumed coaching that season before being sacked and replaced by Ducharme on February 24th.

It was difficult for Ducharme to watch out of isolation as the Canadiens recovered in Game 3 on Friday with a 3-2 win in extra time after two one-goal deficits.

“You feel helpless to watch and hope for the best. It’s a strange situation,” said Ducharme. “A special situation, but it was a special year. We’ve been through a lot. And we’ll get through that.”

The Canadiens had the worst record of the NHL’s 16 playoff qualifiers before upsetting Toronto and Winnipeg in the first two rounds.

The Golden Knights have already seen this scenario this postseason. Colorado Avalanche coach Jared Bednar missed a morning skate due to a COVID-19 test irregularity and was released in time to coach in Game 6 of the second round series against Vegas.

Source * news.google.com – * Source link

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Brooklyn Nets Guardian Spencer Dinwiddie wants to turn down the $ 12.3 million player option

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Brooklyn Nets Guardian Spencer Dinwiddie plans to turn down the $ 12.3 million player option on his 2021-22 contract and become an unrestricted free agent before the deadline on Monday, sources told ESPN’s Adrian Wojnarowski.

Dinwiddie missed most of the season with a cruciate ligament injury in his right knee and appeared in just three games. He tried to possibly get back to the NBA final, but the Nets were eliminated by the Milwaukee Bucks in the Eastern Conference semifinals on Saturday.

Dinwiddie, 28, has had a history of ACL injuries. During his junior year in Colorado, Dinwiddie tore his left ACL in one game and missed the rest of the season.

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Dinwiddie was a key player for Brooklyn last season, starting in 49 games when Kyrie Irving and Caris LeVert were out injured. He averaged 20.6 points and 6.8 assists in the 2019-20 season but was diagnosed with COVID-19 in late June and did not travel to Orlando with the Nets to restart the season.

The 6-foot-5 Dinwiddie has averaged 12.9 points and 5.0 assists over portions of seven seasons with the Nets and Detroit Pistons.

Source * news.google.com – * Source link

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The Uganda Olympic trainer tests positive for Covid after arriving in Japan

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Uganda Olympic Committee President Donald Rukare said the unnamed trainer had no symptoms. It is not yet clear whether the trainer, who is in a government facility, will be banned from participating or sent home.

The entire Ugandan Olympic delegation, which includes 26 athletes and 30 staff, has been fully vaccinated with two syringes of AstraZeneca, Rukare said.

Many received their second dose of the vaccine this month, about three months after receiving their first dose, Rukare said.

The eight others who arrived with the Covid-positive trainer have traveled to Izumisano City in Osaka Prefecture, where they will be housed, according to Izumisano City official Hideo Takagaki. Rukare said the octet is in a bubble and is being tested daily.

Japan's leading Covid-19 advisor says holding the Olympics without spectators is "he wishes"

More athletes and employees of the Ugandan Olympic team are expected to arrive in Japan in the coming days.

Ugandans are among the first to arrive in Japan ahead of the Tokyo Olympics amid security concerns as the country battles a fourth wave of Covid-19. The Asian host nation has fully vaccinated less than 7% of its population, and doctors are warning that an Olympic super-spreader event could bring Japan’s overburdened medical system to the brink. At least 10,000 of the 80,000 people who have signed up for help with the Games have already stopped, and Japan’s top coronavirus advisor said Friday that hosting the Olympics with no spectators would be “desirable”. Uganda’s Olympic athletes are some of the first people in the African nation to receive the vaccine – Uganda has one of the lowest vaccination rates in the world, with only 2 doses per 100 people. The country of 45 million people is currently battling a second wave with reported cases up 130% in the first two weeks of June. Uganda also has a relatively high test positive rate, with 19% of tests being positive according to Johns Hopkins University, suggesting that authorities are not covering all Covid-19 cases. This week has the Uganda Rugby Union tweeted that the Sevens national team withdrew from an Olympic qualifier in Monaco after reporting Covid-19 cases within the team.

Source * news.google.com – * Source link

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