Encore Boston Harbor and their WynnBet partner have officially become the first operator to be approved for a betting license by the Mass Gaming Commission. After receiving a 5-0 vote for the license proposal, WynnBet is expected to launch in Massachusetts during January or February … Read more
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 as a legal US sportsbook. Players will have to rely … Read more
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 launch. BALTIMORE … Read more
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 Thursday’s Mass. Gaming Commission meeting would … Read more
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 … Read more
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 within the nation’s capital due to football season … Read more
The start of the NFL season last year meant sports betting stocks skyrocketed. Shortly after that boom, the values of the top sportsbook’s stocks began to plummet. Betting on a short-term boom based on past history may be the best investment. NEW YORK – The … Read more
States are beginning to recognize how much promotions are costing them in taxes and beginning to ban sportsbooks from using them as tax write-offs. Promotions have hurt the sportsbooks themselves as well, with many of the top brand’s stock prices plummeting as a result. LAS … Read more
Audi Field launches the first MLS in-stadium sportsbook in the country through the D.C. United MLS team’s partnership with Caesars Sportsbook. There are six markets that have been approved in-stadium sportsbooks but Arizona will be home to sportsbooks at multiple stadiums. PHOENIX – With the … Read more
DraftKings stock is down to 12.37 per share after peaking at 63.39 per share in 2021. Caesars stock peaked at 119.49 in 2021 but is now down to just 42.26 per share. A younger investing audience is rooted as one of the reasons for the … Read more
Puerto Rico’s mobile sportsbooks will require bettors register at retail operators before accesses territory wide mobile betting. Nevada and Illinois held similar requirements. There is still no launch date for mobile sports betting in Puerto Rico. SAN JUAN, Puerto Rico – Puerto Rico sports bettors … Read more
Ohio sports betting applicants continue to apply for betting licenses weekly. Rush Street interactive’s Elys has applied for a betting kiosk license, the first kiosk application. DraftKings and Penn Sports applied for mobile applications. COLUMBUS, Ohio – More sports betting applicants in Ohio have been … Read more