After a little over a month since retail betting became legalized in Massachusetts, online sports betting is slated to follow this week. BetMGM and DraftKings are among the operators preparing to launch, with the former striking a deal with the Boston Red Sox. Important details … Read more
After a seven-month wait following the signing of a bill regulating sports betting, Massachusetts is ready to open online markets to many hungry bettors. Seven of the most well-known and renowned sportsbook app operators have already been granted licenses and are ready to launch on … Read more
DraftKings and BetMGM both released statements alerting customers of data breaches. Both state-based legal sports betting sites admitted to private information such as credit card numbers, addresses, and player names getting released. BOSTON – According to both DraftKings and BetMGM, the two popular state-regulated sports … Read more
The Massachusetts Gaming Commission has given out two more mobile sports betting licenses to BetMGM and Caesars Sportsbook. The MGC has given Plainridge Park Casino a temporary retail betting license to investigate their subsidiary company Barstool Sports. BOSTON – While attempting to launch by March … Read more
The Maryland Lottery & Gaming Control Commission charged BetMGM $146,00 for accepting mobile wagers five days early. In order to be able to operate in Maryland, BetMGM had to pay the commission a total of $500,000 to apply for a mobile betting license. OXON HILL, … Read more
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