FanDuel Sportsbook has signed up over 100,000 users in New Jersey. The company has seen a near 50% market share for the 1st quarter of New Jersey mobile sports betting. Already in WV, FanDuel is prepping its Pennsylvania online sports betting launch. EAST RUTHERFORD, N.J. … Read more
FOX Sports received 5% of The Stars Group in exchange for $236 million. The partnership will allow the betting apps to be located in states with and without legal sports betting. The stock price for the Stars Group jumped over 15% overnight upon release of … Read more
Keith Wachtel, the CBO and executive VP of the NHL, will be part of a Boston sports betting panel next week. The main topics of discussion will be “integrity” and commercial opportunities between leagues and bookmakers. ICE VOX North America will be held from May … Read more
Kentucky Derby winner Country House will not run the Preakness Stakes. This will mean that there is no chance for a Triple Crown winner this year. Tickets for ‘no Triple Crown winner’ will be payed out. BALTIMORE – Country House has scratched out of the … Read more
The Sports Decisions Makers Summit was held on May 6 and 7 in Miami. Leaders from around sports industries came together to discuss increasing fan engagement. William Hill is looking to expand with Harris Blitzer when more states approve sports betting. MIAMI – Expanding sports … Read more
Rhode Island sports betting revenue could eclipse $64 million in FY 2024 without neighboring expansion. Sportsbooks could see a 5% decline in growth through FY2024 should MA and CT add legal sports betting. Once the casinos open up FY2021, the Rhode Island revenue numbers fall … Read more
There are currently six sportsbooks located either inside or near the Philadelphia area. Live! Casino & Hotel has not yet applied for a Pennsylvania sports betting license. The target launch date for Live! Casino & Hotel is December of 2020. Philadelphia – The City of … Read more
Sinclair Broadcast Group is a telecommunications company that owns regional news networks all across the country. The acquisition of Disney’s 21 regional sports networks made Sinclair’s stock jump from $13 a share to $58.84 a share. Sinclair CEO Christopher Ripley has previously expressed interest in … Read more
The ban on collegiate postseason tournaments was in effect for 26 years. A quarter of the states have passed laws in support of legal sports betting. Nevada has already announced their desire to enter the bidding process as a host state. INDIANAPOLIS – After taking … Read more
Over $3 billion has been bet on sports throughout the first quarter of 2019. New Jersey has brought in $2 million more than Nevada in tax contributions from sports betting. FanDuel and DraftKings have brought in 48% of sports betting revenue in NJ. Tallahassee, Fla. … Read more
The partners expect to sell the live betting platform to legal sportsbooks—both international and domestic. Auto Racing has only accounted for a fraction of a percent of the entire legal sports betting handle. NASCAR and Genius Sports believe this partnership will open up viewership across … Read more
GAN has had partnerships with casinos across the US prior to the repeal of the federal ban on sports betting known as PASPA. GAN previously signed a partnership with sports betting supplier SBTech in 2018. The first quarter of New Jersey sports betting was primarily … Read more