Flutter Acquires 37.2% More of FanDuel, Giving It 95% Ownership

FanDuel - Flutter

Flutter Entertainment will be acquiring an additional 37.2% stake in FanDuel for $4.1 billion. Flutter will be purchasing the shares from Fastball Holdings. Flutter initially invested in FanDuel in 2018. NEW YORK – Flutter Entertainment has decided to further invest in sports betting by acquiring … Read more

Bud Light, FanDuel, & The Denver Broncos Team Up For Betting Event

FanDuel - Bud Light - Denver Broncos

The Bud Light Pick & Kick Bonus will be a betting event brought to fans of the Denver Broncos on December 19 by the team, Bud Light, and FanDuel. Colorado has had a booming sports betting market since its launch in May. DENVER – December … Read more

BetCris Enters Brazil Sports Betting Market With Portuguese Site

Bercris - Brazil

Betcris officially launches in Brazil and other Latin American sports betting markets. Betcris believes Brazil will be a major market for legal sports betting. Both pregame and live in-game wagering will be available. BRASILIA, Brazil – Sports bettors in Brazil and other Latin American countries … Read more

Genius Sports Strikes Again In Latest Betting Data Deal With AHL

AHL - Genius Sports

The American Hockey League (AHL) now has an official data provider for their sporting events with Genius Sports Group. Genius Sports Group will be able to access all 31 teams of the AHL’s action and provide sportsbooks with the latest information for improved betting lines … Read more

Break The Book: Illinois vs. Baylor Headline CBB Betting Odds

Gonzaga Basketball

The Gonzaga Bulldogs are the -450 favorites against the West Virginia Mountaineers. The Illinois Fighting Illini have +175 longshot odds to beat the Baylor Bears. Sports bettors are split when betting on the Texas Longhorns vs. the North Carolina Tar Heels. CHAPEL, N.C. – There … Read more

FuboTV Acquires Balto Sports To Move Into Sports Betting Market

fuboTV

Major sports and TV streaming platform fuboTV has acquired Balto Sports, signaling a move into the sports betting world for the company. Balto Sports develops tools for fantasy sports software, suggesting that fuboTV will foray into the sports betting market in joint with their expanding … Read more

888 Holdings To Enter The Iowa Sports Betting Market In 2021

888 Holdings - Iowa Online Sports Betting

Iowa will get an internet and mobile sports betting application from 888 Holdings in 2021. The Hawkeye State legalized sports betting in August of 2019 and saw over $400 million in handle during their first year. Almost $30 million in revenue from the land-based sportsbooks … Read more

MGCB: Online Sportsbooks In Michigan Will Likely Launch In Jan 2021

Michigan Legislature

Michiganders will not see mobile or online sports betting platforms until January 2021. While JCAR waived their 15-day review period for the MGCB, the MGCB has now postponed their December meeting until January. Meetings of the MGCB are where licenses for sportsbook suppliers and operators … Read more

LegalSportsBetting Brief: Revenue Up In Five States 12/1/2020

Sports Betting Handle

Delaware, Nevada, New Hampshire, Oregon, & Rhode Island all recorded bigger handle and revenue for the month of October in their sports betting markets. The Pittsburgh Steelers and the Detroit Pistons entered partnerships with sportsbooks. The Pittsburgh Steelers and the Baltimore Ravens will play on … Read more

Bookie Butcher In Illinois Sentenced To One Year In Federal Prison

Justice

Domenic Poeta, known as the Bookie Butcher has been sentenced to one year in prison for running an illegal sportsbook out of his restaurant. Poeta failed to report over $3.7 million gained from the illegal bookmaking business on his taxes from 2012 to 2017. Poeta … Read more

Bettor Loses Half A Million Dollars With Eagles Hail Mary

Eagles Hail Mary

The Seattle Seahawks were 6.5-point favorites on the spread coming into Monday Night Football against the Philadelphia Eagles. The Eagles’ late score with 12 seconds left in the fourth quarter cut the final score to 23-17. PHILADELPHIA – Monday Night Football ended the way many … Read more

Detroit Pistons Partner With DraftKings And FanDuel Sportsbook

Detroit Pistons - FanDuel - DraftKings

The Detroit Pistons are now partnered with FanDuel and DraftKings. Both companies are sports betting partners for the Pistons. Only DraftKings is the Pistons’ daily fantasy sports partner. DETROIT – The Detroit Pistons have officially partnered with both DraftKings and FanDuel. With Michigan sports betting underway, … Read more