The New York Giants, New York Jets, and Buffalo Bills co-signed a testimony earlier this week. The plea involved giving a royalty to sports leagues for sports bets. The New York Giants and New York Jets play their home games at the Meadowlands in New … Read more
Sports Betting in New York was approved in 2013 via voter referendum. Current law only allows certain upstate and tribal casinos to host the activity. The Senate held a hearing on NY SB 17, which would legalize mobile sports wagering in New York. The 2019 … Read more
Kambi is outperforming its peers in the US market, with double the potential growth. Legal sports betting expansion will allow Kambi to experience 40-50 percent EBITDA margins. SeekingAlpha suggests that investing in Kambi is a good bet. Atlantic City, N.J. – With the popular pastime … Read more
The exclusivity of sports betting in Connecticut has been the largest hurdle for the state. Tribal casinos have threatened to stop contributing nearly $250 million should they not get their way. Both the governor and the tribes are interested in a special session to legalize … Read more
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
IN HB 1015 legalizes both retail sportsbooks and statewide mobile sports wagering apps. The bill would have become law with or without Governor Holcomb’s signature on Thursday. The Indiana Gaming Commission is expected to start accepting sports betting applications as soon as July 1, 2019. … Read more
A brand-new sports betting bill will be introduced by the end of May. Representative Brandt Iden has worked with stakeholders to make this bill. MI HB 4311 allows for online gambling but it is struggling to move forward. LANSING, Mich. – State representative Brandt Iden … Read more
Legal sports betting in Washington D.C. was approved by the city council in December of 2018. Washington D.C. was the first area without casinos to enact legal sports betting. Federal buildings and national park property fall outside of local jurisdiction, meaning that geolocation services would … Read more
NY A 6113 (NY SB 17 in the Senate) will continue its discussion in a public hearing on Wednesday. Sports bets will be accepted at the tribal casinos and upstate commercial casinos. Sports betting in New York is expected to launch before the NFL season … 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
Two of the five operators are still out of operation after their contract dispute with a mobile provider. Sportsbooks in West Virginia have accounted for over $4 million in revenue this year. Hollywood Casino continues to carry the West Virginia sports betting market. CHARLESTON, W.V. … Read more