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Unblockable Gets NFL, NBA Interest
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Team interest includes licensing the game or partnering with Unblockable to bring the game to their fans.
HotStreak eliminates sports betting jargon and presents prop predictions with a user-friendly design. Players can choose up to three predictions and points are added or subtracted based on whether they get the predictions right.
Unblockable, which originally had ties to cryptocurrency but has pivoted to the free-to-play sports prediction space, raised $5 million dollars from Shasta Ventures and Lightspeed Venture Partners last May.
Wynn Hearing Concludes, Deliberations Begin
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The Massachusetts Gaming Commission will take its time deciding on Wynn Resorts’ suitability, but will begin deliberations immediately, Chair Cathy Judd-Stein said.
The commission closed out three full days of licensing suitability hearings in which current executives admitted the company made mistakes but pointed to all the progress and changes it has made since, and the new policies in place to prevent such problems in the future.
Key questions remain:
Spectrum Study: League Involvement Could Increase Betting Volume, Revenue
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The study, expected to be released soon, also states sports betting would need to be widely available through retail and mobile channels to support the royalty fee.
League involvement in sports betting with a royalty fee would give bettors a higher degree of comfort and therefore could lead to higher revenues, the study suggested.
Maverick Buys More Properties
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The company headed by Eric Persson and Justin Beltram is buying Red Lion Casino, Gold Country Casino and High Desert Inn in Elko, Nevada, from Navegante Group.
The purchase follows Maverick’s initial acquisitions of Wendover Nugget and Red Garter Hotels in Elko last year, and the announcement in September that it will buy Nevada Gold & Casinos, which operates nine mini-casinos operating 120 table games in Washington state, seven in Greater Seattle and two in the Tri-Cities region in eastern Washington.
The purchase of Red Lion, Gold Country and High Desert will add 435 slot machines, 11 table games and 544 hotel rooms to Maverick, whose other Elko properties have more than 600 hotel rooms and 1,200 slot machines.