Virginia rakes in almost $58.9 million in wagers in just 11 days of activity. The state also saw over $3.2 million in revenue. More sportsbooks are expected to launch with new bills making it to the governor’s desk. RICHMOND, Va. – Sports betting in Virginia … Read more
Simplebet has raised $15 million to upgrade their live betting platform as well as reach new leagues and sports. Simplebet offers micro-market betting which allows sports bettors to put action on every detail of a live game. NEW YORK—Simplebet has raised a total of $15 … Read more
BetMGM has announced an exclusive partnership with Borussia Dortmund. BetMGM becomes the football club’s official US partner. Borussia Dortmund has -112 short odds to beat Borussia Monchengladbach. LAS VEGAS – BetMGM has officially announced an exclusive partnership with German football club Borussia Dortmund, becoming its … Read more
The Oregon Lottery has announced its intentions to have the DraftKings brand operate the state’s single sports betting site. DraftKings and SBTech combined in 2020 when they were bought out by Diamond Eagle Acquisition Corp. Oregon sports betting revenue has been underperforming since its launch … Read more
Rhode Island saw $39.8 million wagered on sports in January, setting the single-month record for betting handle. Sports betting revenue is up 48.8%. Mobile sportsbooks saw the bulk of betting action in January. PROVIDENCE, R.I. – Sports betting in Rhode Island was very active, managing … Read more
Iowa casinos will now be able to add a third “skin” to their sports betting services, effectively creating another brand or website platform for each of the state’s 19 casinos. Iowa has had online sports betting since August of 2019. DES MOINES, Iowa – The … Read more
The NHL’s Vegas Golden Knights have terminated their deal with sports betting pick seller, UpickTrade. The Golden Knights received backlash for the initial partnership. UpickTrade feels blindsided by the decision. LAS VEGAS – The Vegas Golden Knights have ended a very short-lived partnership with the … Read more
Massachusetts is seeing even more sports wagering bills filed with the Commonwealth to be heard by the Massachusetts Legislature in 2021. Newly filed Senate and House bills are both seeking to get restaurants and bars in on the action of sports betting. BOSTON – There’s … Read more
HB 940 would allow sports wagering in Maryland casinos and racetracks. Maryland voters approved sports betting through a referendum in November 2020. The bill would also grant 10 mobile-only licenses to gambling operators in Maryland. BALTIMORE — The highly anticipated bill HB 940, a measure … Read more
Colorado sports betting fans wagered for more than $326.9 million in January. Mobile and online sports betting dominated yet again. Sportsbooks saw $22.7 million in sports betting revenue. DENVER – Colorado continues to be one of the bigger sports betting markets in the country, with … Read more
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … Read more
Sports betting handle spiked over $30 million from December to January in Tennessee. Over 60% of wagers taken in January were on the NFL postseason. Tennessee currently has only four operating mobile sportsbooks in the state. NASHVILLE, Tenn. – Native Miley Cyrus’ song “The Climb” … Read more