Under current Massachusetts gaming laws, MGM Resorts can only have one casino in the state. Last month, Wynn Resorts completed reputation-damaging “suitability” hearings for the Massachusetts Gaming Commission just to be able to retain its license. MA lawmakers are set to hold informational hearings on … Read more
Daily fantasy sports generated revenues of $22.5 million during the past 12 months. The state took $3.4 million in taxes on DFS action. PA taxes DFS operators at 15% of revenue. HARRISBURG, Pa. – It is the one-year anniversary of the legalization of daily fantasy … Read more
The Presque Isle Downs and Casino sportsbook will not launch on time. Owner Kevin O’Sullivan said more details will become available on June 12. The Pennsylvania Gaming Control Board does not know the reason for the delay. ERIE, Pa. – The Presque Isle Downs and … Read more
DraftKings is slated to take its online betting product live within weeks. The Hollywood Casino at Charles Town Races has partnered with DraftKings for statewide mobile betting. With mobile wagering, WV should be able to at least double its current handle and revenue numbers. CHARLESTON, … Read more
Borgata was the first Atlantic City casino to accept a sports bet in June of last year. Borgata has the third-highest land-based sportsbook revenue of the ten licensed books in NJ. Level One will be located only steps away from Premier Nightclub. ATLANTIC CITY, N.J. … Read more
80% of sports betting in New Jersey takes place over the Internet. Having a retail location is still viewed as game-changing in the grand scheme. For operators, there are numerous benefits to having physical venues alongside online betting services. ATLANTIC CITY, N.J. – When it … Read more
The international sports betting market is estimated to be worth $250 billion. The sports US sports betting market valuation has increased by $10 billion a year since 2016. The projected growth rate of sports betting in Asia outpaces all other regions in the world. TALLAHASSEE, Fla. … Read more
Disney now owns a stake in DraftKings, a major sportsbook and DFS operator. ESPN would be a logical beneficiary of the acquisition. Disney has not yet publicly commented on its investment in DraftKings. BURBANK, Calif. – Early on in the discussion of legalizing sports betting … Read more
Massachusetts is the likeliest state in New England to legalize, having a public hearing set at the end of May. If both New Hampshire chambers can find a way to agree on regulations, there is a chance they legalize in 2019. It would likely require … Read more
The favorite has won the Preakness 73 times throughout its previous 143 runnings. Trainers Bob Baffert and D. Wayne Lukas could tie the record (7) for most Preakness wins with a victory this year. Secretariat set the course record in 1973, posting a time of … Read more
Gary West has offered $5 million apiece to any of four horses that can beat Maximum Security in a race. The wager applies only to the owners of Country House, War of Will, Long Range Toddy, and Bodexpress. West has pledged all of his potential … Read more
The Preakness Stakes will not feature horses Maximum Security or Country House. The winning horse of the Preakness Stakes will take home $1.5 million dollars. BALTIMORE – Only two weeks after a historic Kentucky Derby finish, Baltimore is set to host the second leg of … Read more