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Stock impact report

bet365 Becomes Latest Operator to Exit American Gaming Association [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
Another gaming operator has exited the American Gaming Association. bet365 confirmed that it has left the gaming industry association. Key Takeaways bet365 has become the latest operator to exit the American Gaming Association. The move follows similar departures by FanDuel and DraftKings, though bet365 has not cited prediction markets as the reason for its exit. The explosion of prediction markets has continued to serve as a point of contention within the AGA, as several organizations have similarly exited in recent months. “As a digital-first operator, bet365 has pulled back from the AGA due to the organization's focus on the retail casino industry,” a bet365 spokesperson told Covers on Tuesday. “We greatly value our industry partnerships and remain committed to working constructively with regulators and partners across the markets in which we operate.” The decision follows in the footsteps of fellow major operators FanDuel and DraftKings, both of whom exited in Novembe Show less Read more
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