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Bet On It: Diamond Sports and FanDuel reach naming rights agreement
Welcome to the latest edition of “Bet On It,” where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Diamond Sports Group and FanDuel (FLUT) announced an agreement on a broad, long-term commercial partnership, including: exclusive right to name Diamond’s 16 regional sports networks and Diamond’s digital offerings, including the direct to consumer product, as FanDuel Sports Network; linear and digital media placement and integration opportunities across all
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GAN Set for Merger with SEGA SAMMY Subsidiary, Plans Delisting
GAN ( (GAN) ) has provided an update. GAN Limited, a leading technology provider for real money internet gaming, has announced that the Nevada Gaming Commission approved its merger with a subsidiary of SEGA SAMMY CREATION INC. The merger is anticipated to be completed between late 2024 and early 2025, subject to additional regulatory approvals. Upon completion, GAN will become a privately-held entity, and its shares will be delisted from The Nasdaq Capital Market. Shareholders of GAN will receiv
