As a bipartisan issue, Senators Mike Lee and Peter Welch wrote to the Federal Trade Commission asking for an investigation into DraftKings and FanDuel – two sportsbook operators who control over three-fourths of the US betting market. The sportsbooks faced a similar request a decade … Read more
DraftKings and FanDuel sportsbook hold nearly 75% of the market share for US sports betting. While MGM and Caesars make up another ~15%, the remaining 10% is split between way too many operators. PHOENIX – Recent withdrawals from the legal sports betting market from SaharaBets … Read more
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in Massachusetts launched just three weeks ago on March 10. Nine … Read more
Indiana easily broke their previous sports betting handle record in January, with $500,138,648 wagered during the month. With the Super Bowl and Winter Olympics taking place in February and nearby Ohio not yet hosting any legal sportsbooks, February could be even bigger for Indiana. INDIANAPOLIS … Read more
Virginia may see the ability to bet on college games thanks to new bill SB 576. Arizona is trying to expand the available operator licenses from 10 to 20. RICHMOND, Va. – New game-changing legislation could expand sports betting in both Arizona and Virginia if … Read more
More than $447.4 million was wagered on sports in Pennsylvania in June. Sportsbooks saw over $42.4 million in revenue. Pennsylvania saw more than $5.5 billion in sports betting handle for fiscal year 2020/2021. HARRISBURG, Pa. – Sports betting fans in Pennsylvania have been active in … Read more
New York launched its first sportsbook in 2019. Mobile betting is finally on its way to launch in New York. New York could become one of the top sports betting markets. ALBANY, N.Y. – It has now been two years since the first wagers were … Read more
The Nevada Gaming Commission released its revenue report, showing that $477.2 million was wagered in May. This is a 4.9% increase month over month but sports betting revenue is slightly down. CARSON CITY, Nev. – Sports betting in Nevada continues to thrive, seeing increases in … Read more
The National Hockey League has officially announced Betway as their sports betting partner ahead of the Stanley Cup Playoffs. The partnership will see Betway media placed throughout broadcasts of the NHL Playoffs as well as on-ice branding. NEW YORK – The NHL has just announced … Read more
Popular online sports betting and iGaming company Super Group will be merging with the SPAC, Sports Entertainment Acquisition. This is a $5.1 billion merger that will make the company become publicly traded. Sports Entertainment Acquisition will own 9.3% of the new company. NEW YORK – … Read more
Ohio sports betting will likely be regulated in 2021 with a bill that will get its first introductions in April. Professional sports organizations as well as Governor Mike DeWine believe 2021 is the year for an Ohio sports betting market to launch. The Cleveland Cavaliers … Read more
Betway has partnered with the Miami Open tennis event. The Miami Open will be promoted throughout the Betway app. Betways logos will be promoted courtside during matches. MIAMI – The Miami Open and Betway Sportsbook have partnered with one another, making Betway the official sports … Read more