The Charlotte Hornets announced an exclusive long-term partnership with bet365 to let fans gamble on games right from their phones, becoming the first professional sports team in North Carolina to form a partnership of this sort.
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Several more states voted to legalize sports betting last week, and the good news for the gambling industry continues: DraftKings and the owner of FanDuel both reported solid results this week thanks to the return of many live sports this summer.
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Although Major League Baseball has yet to start its season and the NBA and NHL have suspended play, gamblers still found other things to place wagers on. DraftKings reported $88.5 million in sales for the quarter, a 30% increase from a year ago.
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Flutter Entertainment, which owns Irish gambling firm Paddy Power, is buying The Stars Group of Canada, owner of the world’s largest poker site, PokerStars.
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