Michael Molter 
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in five … Read more
Paddy Power Betfair changed their name to Flutter Entertainment earlier this year. Flutter owns a majority stake in FanDuel Sportsbook. Executives from Flutter believe their revenue can increase ten-fold in the US. TALLAHASSEE, Fla. – As one of the first gaming operators to land a … Read more
The Kansas City Chiefs will host the Cincinnati Bengals, as the 36.5 projected points is the highest mark amongst the night’s schedule. The Los Angeles Rams will travel north to Oakland, in one of the last preseason games being played at Oakland Coliseum. Without Ezekiel … Read more
Michigan legislators voted to legalize sports betting in 2018 but were thwarted by Governor Rick Snyder The sports betting tax rate has been one of the biggest problems for legislators to agree upon. Michigan hopes to move forward with legalization before being left behind by … Read more
The companies will keep the Caesars name, after finalizing the terms of the merger in 2020. With a strong sports betting market share, Caesars will be able to capitalize on the online market. A spinoff online betting company is possible, creating an extra revenue stream … Read more
New Jersey had the second-highest handle for all legal sports betting states last year. From football betting alone, New Jersey sportsbooks took in $614 million. The University of Georgia is the biggest college football liability for FanDuel Sportsbook. EAST RUTHERFORD, N.J. – Football season is … Read more
NBC Sports Washington Plus will display the game entitled Predict The Game. The predictive game will be overlaid on the normal television coverage. Players are eligible to receive all, or a share of, $1,000 per NFL quarter. LANDOVER, Md. – NBC Sports and the Washington … Read more
The three founders received a $25,000 award for the best overall venture in April. BetSperts is designed to make finding betting advice more open and trustworthy. Reid Rooney expects up to 50,000 users to join during the NFL season. CHICAGO – BetSperts is ready to … Read more
Sports bettors in the Biloxi region have wagered over $189 million since the launch of the industry. The Beau Rivage opened their newly renovated sportsbook on their one-year anniversary date. With the future addition of horse race betting, the Beau Rivage has everything to offer … Read more
Oregon sports betting is projected to launch by the start or early on in the NFL season. Lottery officials believe that $300 million will be wagered in the first year. Only betting on professional sports is permitted as collegiate wagering will require law changes. SALEM, … Read more
Mississippi sportsbooks have kept $30.5 million in revenue (pre-tax contributions) since the August 1, 2018 launch. A four-percent tax is given to the cities that host the sportsbooks, and the Tunica region is in need of the funds. Sam’s Town Casino is planning a college … Read more
June sports betting in Rhode Island accounted for the worst bettor performance, only keeping 85.41% of all action. Over $2.5 million was contributed to Rhode Island through taxes during April, May, and June. Twin River Casino has taken in four out of every five dollars … Read more