NFL Goes All In With DraftKings, FanDuel, Caesars Partnerships

NFL - Caesars - DraftKings - FanDuel

The NFL now has sportsbook partnerships with Caesars, DraftKings, and FanDuel. The 2021 NFL season will see all three of these sports betting operators featured on different networks with betting lines as well as on their individual platforms for wagering. Billions of dollars stand to … Read more

Mobile Sports Betting Revenue Included In NY Budget Bill

Mobile Sports Betting Revenue Included In NY Budget Bill

New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … Read more

LSB Feature: Why Marketers Are Betting Big On Sports Betting

Marketing Sports Betting

The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … Read more

Non-Profits Running Online Sports Betting In MD Is Being Proposed

Maryland State Fairgrounds

The 2021 Maryland General Assembly session will be given the task of coming up with the rules and regulations for the sports betting industry that was legalized in November 2020 by public vote. A new piece of legislation is requesting that the Maryland State Fairgrounds … Read more

Virginia Will Now Be Accepting Sportsbook Applications

Virginia Lottery Vendor Opportunities

Virginians are expected to see online and mobile sports betting platforms in January of 2021. The Virginia Lottery Board will be accepting applications from now until Halloween for all of those involved in the sports wagering industry interested in applying. RICHMOND, Va. – After various … Read more

Caesars Lowballs William Hill For Acquisition Of Company

Caesars - William Hill

Caesars is one of two companies that have put in a bid to buy out William Hill’s U.S. sports betting and internet operations. The casino company estimates revenue ranging between $600-$700 million yearly from online sportsbooks if the deal goes through. LAS VEGAS – Caesars … Read more

Sports Betting Rules Go To Vote By Virginia Lottery On Tuesday

Virginia Lottery - Sports Betting

Virginia will be able to see a legal sports betting industry launch as early as mid-January 2021, just in time for the NFL playoffs and the Super Bowl. The Virginia Lottery has a month to finalize the rules and regulations for the sports wagering market … Read more

IGT Signs Three New Lottery Deal, Could See Its Stock Rise

IGT Stock

International Game Technology PLC (IGT) has announced extensions and expansions of its lottery deals with Missouri, Virginia and Tennessee. IGT will also be rolling out an improved online sportsbook for Rhode Island. These developments could signal that IGT is primed for a surge in stock … Read more

Caesars Mobile Sportsbook Set To Launch In Indiana

Caesars Indiana Online Casino

Mobile registration will allow Caesars mobile sportsbook to launch safely in Indiana. This is the second mobile sportsbook to launch in Indiana during the coronavirus pandemic. INDIANAPOLIS – The Caesars mobile sportsbook got approval to launch in Indiana on Monday. The Indiana Gaming Commission gave … Read more

Twin River Buys Three New Properties Despite Ongoing Pandemic

Ballys Atlantic City Casino

Twin River bought three new properties from Caesars and Eldorado. Buying the three casinos allows for Twin River to have access to three new states. The purchase of the properties is pending regulatory approval. PROVIDENCE, R.I. – Twin River announced last week that they have purchased … Read more

North Carolina Sportsbooks Won’t Be Offering Super Bowl 54 Betting

North Carolina legalized sports betting

While sports betting is legal in the state of North Carolina, it is not being offered at either location. Problems stemming from the gaming compact have prevented the sportsbooks from opening their doors. Issues between the state and the Tribe should be cleared up by … Read more

Sports Betting In NJ Had Record High Handle For November

NJ Sports Betting Revenue

New Jersey’s reported numbers for sports bets in the month of November have gone up greatly since November 2018. Atlantic City has also seen its best revenue performance since 2012. These increases show just how much the popularity of the sports betting market has expanded … Read more