by Michael Molter | Nov 21, 2022 1:40 pm | Legal
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations...
by Michael Molter | Nov 18, 2022 12:25 pm | Legal
The Maryland Lottery awarded 10 sportsbooks a license in their Thursday meeting. The Lottery director, John Martin, expects online Maryland sportsbooks to launch on Wednesday. A total of seven of the 10 sportsbooks licensed in Maryland are said to be ready for the...
by Michael Molter | Oct 6, 2022 1:12 pm | Regulatory
The Massachusetts Gaming Commission will favor applicants who operate sportsbooks in the US. Expect many names to apply for a Massachusetts sports betting license. Many first-year licensees could lose their license upon starting Year 2. BOSTON – Many thought...
by Michael Molter | Sep 1, 2022 8:36 am | Regulatory
Kansas sports betting will launch at noon CT with grand openings from many of the local sportsbooks. With mobile and online betting in Kansas, the state will host one of the quickest turnaround times to launching. Jordy Nelson will place the first bet at Kansas Star...
by Brett Crown | Aug 17, 2022 10:54 am | Revenue
FanDuel Sportsbook launched in Washington DC in mid-July, but still, put up a respectable handle while dominating other sportsbooks when comparing rate statistics. Despite factors working against long-term exponential growth, FanDuel is likely to grow its revenue...
