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Amelco executive discusses US market consolidation and tribal betting

Business

Amelco business development manager Brandon Walker said the US sportsbook market has consolidated, with larger operators absorbing mid-tier businesses and smaller operators leaving. He cited Fanatics and Hard Rock Bet as two of six prominent US operators using Amelco infrastructure, and discussed the company’s tribal partnerships with the Quapaw Nation and Seminole Tribe.

The comments describe Amelco’s stated operator relationships and its view of technology and tribal markets in the US.

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Fanatics and American Express launch card earning FanCash for bets

Fanatics announced a co-branded American Express card that earns FanCash, which users can redeem across the Fanatics platform, including for sports wagers. The card offers 5% FanCash on purchases through Fanatics consumer platforms, 8% on purchases through the Fanatics app and 2% on other spending; Fanatics is also joining Amex Membership Rewards as a transfer partner.

Fanatics has teamed up with American Express on a credit card that generates FanCash redeemable for sports wagers, apparel and collectibles. A waitlist is open to prospective domestic cardholders.

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