Disney has searched for a sportsbook operator for a year, looking for a deal in the $3 billion range. DraftKings’ ability to grow with ESPN may be the additional revenue needed to surpass FanDuel in the US. Adding in India’s future sports betting regulation adds … Read more
Tee Higgins had a status of “healthy and active” according to some online sportsbooks. Higgins played only 10 snaps but sportsbooks wouldn’t allow bettors to keep betting. WASHINGTON – In the world of legal sports betting, valid injury reports are as crucial as they come. … 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
After two years of being active in the Ontario sports betting market, Bet99 has announced their current acquisition by Kings Entertainment and plan to take the company public. Many legal sports betting operators have brought their company to the stock market, including DraftKings, Caesars, and … Read more
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