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Mass. Sportsbooks See Application Focuses and Requirements

Mass. Sportsbooks See Application Focuses and Requirements

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...
Is Disney Making Moves to be a Legal Sports Betting Player?

Is Disney Making Moves to be a Legal Sports Betting Player?

by Michael Molter | Sep 15, 2022 11:07 am | Sports Betting

Disney will not take sports bets but is looking to partner with a third party to get into the sports betting market. With stake in DraftKings, a deal with Caesars, and millions of subscribers, ESPN will be the push forward to help Disney. ANAHEIM, Calif. – In...
Kansas Sports Betting Open for Business With Soft Launch

Kansas Sports Betting Open for Business With Soft Launch

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...
Prophet Exchange Enters NJ, Permits Peer to Peer Betting

Prophet Exchange Enters NJ, Permits Peer to Peer Betting

by Michael Molter | Aug 30, 2022 12:23 pm | Sports Betting

Prophet Exchange became the first sports betting exchange to launch in the United States. The app permits bettors to accept or offer betting lines on a variety of professional and collegiate sports. Prophet Exchange doesn’t charge any vigorish, making most lines...
U.S. Sportsbooks Likely To Reduce Many Promotions In 2023

U.S. Sportsbooks Likely To Reduce Many Promotions In 2023

by Brett Crown | Aug 11, 2022 10:24 am | Sports Betting

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...
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