Fox Bet Set To Generate A Loss Of $40m, Per Q3 Stars Group Report

FoxBet and BetStars

The Stars Group launched online sports betting operations in Pennsylvania and New Jersey during the third quarter of the year. Flutter agreed to acquire the Stars Group during Q3, the sale won’t be completed until 2020. The Stars Group International decreased in revenue due to … Read more

Kambi To Power Seneca Gaming Corporation’s 3 NY Sportsbooks

Seneca Kambi Partnership

Seneca Gaming Corporation will open NY sportsbooks inside of three of their casino properties. Kambi has previous experience powering sports betting kiosks in other U.S. states, including Parx Casino in Pennsylvania. The deal will also include Bragg Gaming Group, which is a gaming and platform … Read more

How Chase Young’s Absence Affects Your Ohio State Bets

Chase Young

Ohio State Buckeyes defensive end, Chase Young, is a leading candidate for the Heisman Trophy and is projected to go number one overall in the 2020 NFL Draft. The Buckeyes are a 44-point favorite against the Maryland Terrapins. Ohio State has the second-ranked total defense … Read more

Harrah’s Cherokee Betting Big With Panthers Sponsorship

Harrahs Partners With Panthers

The Carolina Panthers will allow Harrah’s Cherokee logos and advertisements to run in pre-game, in-game, and post-game rotations. Harrah’s Cherokee casinos are the only places authorized to conduct sports betting in North Carolina. The terms of the deal state that the sponsorship will last for … Read more

Colorado Sports Betting, Narrowly Approved After Delayed Count

Colorado Sports Betting

Proposition DD, which legalized sports betting in Colorado, passed by a voting margin of 51% to 49%. Land-based sportsbooks in Colorado will be limited to the towns of Black Hawk, Cripple Creek, and Central City. Mobile sports betting apps in CO will be available statewide. … Read more

Retail Sports Betting In NH Split Among Towns And Cities

New Hampshire Coastal Town

Cities that have approved retail sportsbooks within their borders include Berlin, Claremont, Laconia, Somersworth, and Manchester. Retail sports betting in NH was voted down in Concord, Nashua Dover, and Rochester. Online sports wagering apps in New Hampshire will be available statewide no matter what voters … Read more

Sports Betting In CO and NH Expected To Pass Through Voters

Voting

Voters in Colorado will be deciding whether or not to legalize land-based sportsbooks in three towns as well as statewide online sports betting apps. New Hampshire voters in nine cities will choose whether or not to allow retail sportsbooks to be built in their city. … Read more

Sports Betting Market To Reach $8B by 2025? MGM Bets the Over

MGM Resorts

Investment firm Morgan Stanley estimates that the U.S. sports betting market will reach between $7 billion to $8 billion by 2025. MGM Resorts currently only has an online sportsbook in New Jersey and Nevada. Commercial casinos in the U.S. netted $41.7 billion in 2018. NEW … Read more

DraftKings For Sale? Discussions With Diamond Eagle Suggest So

For Sale Sign

Diamond Eagle Acquisition Corp., a special purpose acquisition company, is reportedly in advanced talks to buyout DraftKings. Rival daily fantasy sports and sports betting company, FanDuel, was bought out by U.K. firm Flutter last year. DraftKings and FanDuel tried to merge in 2016, though, pressure … Read more

Larry Fitzgerald, DraftKings Donate Over $100K To Breast Cancer Research

Larry Fitzgerald

DraftKings Pink ‘Em DFS contest ran for all four weeks in October and generated 624,000 player entries. Proceeds from the contest will be donated to Arizona Cardinals wide receiver, Larry Fitzgerald’s First Down Fund. DraftKings has now made over $1 million in charitable contributions. BOSTON … Read more

Churchill Downs Venture Plans Expansion, OH Sports Betting On Horizon

Churchill Downs

Miami Valley Gaming & Racing is a joint venture between Churchill Downs Incorporated and Delaware North Gaming & Entertainment. The expansion will include a hotel, expanded gaming floor, and parking garage. Construction of the project is estimated to be completed in the second quarter of … Read more

Aspire Global Uses 888 As Vehicle To Enter US Gaming Market

Aspire Global

Aspire Global is a B2B iGaming software provider. 888 Holdings Plc operates both iGaming and online sports betting in New Jersey. Certain states that have legalized online sports betting have also legalized iGaming. TALLAHASSEE, Fla. – Aspire Global will now enter the US market for … Read more