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. … 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
The MLB has come out as an official supporter of Prop 27 in California, which would legalize online sports betting and is the first league to take a side on either bill. With partnerships with sportsbooks operators already, Prop 26 would not allow the MLB … 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
FanDuel is partnering with Boyd Gaming to operate a sportsbook at the Fremont Casino in Las Vegas. The legal sports betting partnership likely is the first step in FanDuel’s grand plan to return to Nevada. For FanDuel to open an online sportsbook in Nevada they … 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
The New York Yankees have secured their fourth sports betting operator partnership and this time with Bally Bet. Bally officially launched in the NY market on July 6th and already has a deal with the +350 World Series favorite team. NEW YORK – The Yankees … Read more
Sports betting in Massachusetts is now incoming as lawmakers pass legislation by the session deadline. The bill passes bringing both mobile and retail sportsbooks to Massachusetts with a 20% tax on mobile and 15% tax on retail sportsbooks. There is a ban on in-stated collegiate … Read more
BetOnline offering a $500,000 NFL MegaContest for the upcoming 2022-2023 NFL season. Circa Sports is offering $6 million in total guaranteed prizes for its Million Pro Football Contest. Westgate is hosting $1,105,000 in grand prizes for its NFL contest. LAS VEGAS – The 2022-2023 NFL … Read more
The Massachusetts legislative session deadline is incoming leading many to doubt the sports betting will pass. Local casino execs have reached out to lawmakers via a letter, urging them to pass sports betting. Both Governor Charlie Baker and House Speaker Ron Mariano doubt that the … Read more
Mattress Mack was featured at the SBC Summit in New Jersey and spoke about regulated books lowering their betting limits. During this conference, Mack also talked about his dislike for promotional play, because it does not incentive bettors to keep betting. NEW JERSEY – 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