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

DraftKings Outlook: More Live Betting, Potential B/R Acquisition

DraftKings

DraftKings appears primed for continued growth despite the disruptions caused by the ongoing Coronavirus pandemic. In 2020 and 2021, the company is focusing on expanding its live betting options and its consumers’ awareness of live betting. The company has also begun exploring an acquisition of … Read more

Senator Addabbo Still Sees Online Sports Betting As The Solution

Senator Joe Addabbo

With the Coronavirus racking New York and greatly depleting its budget, mobile sports betting could provide tens or hundreds of millions of dollars in economic relief. New York residents can already enjoy mobile sports betting either in New Jersey or with international online sportsbooks. The … Read more

A Fanless NFL Would Impact Betting Lines In A Major Way

NFL Nation

Road underdogs should be bet on, as no fans for Week 1 will move the lines closer to a pick ‘em. Bettors looking to bet on home underdogs within a field goal should wait closer until the season. Favorites of a touchdown or more will … Read more

theScore Bet Will Now Be Part Of Indiana Sportsbooks

theScore

theScore Bet app for sports betting will now be part of the sportsbook offerings in the state of Indiana. The platform is expected to launch by the fall of 2020 after all the regulatory steps have taken place. INDIANAPOLIS – Indiana just got a new … Read more

COVID-19 Could Help Sports Betting Legalization Says Penn National CEO

Jay Snowden

The Coronavirus pandemic has been leaving states with major gaps in their budget because shutdowns have halted incoming tax revenue. People in the sports betting industry think that states may begin to legalize sports betting quickly to gain a new source of revenue that will … Read more

Former Disney Exec To Become FOX Bet Chief Marketing Officer

FoxBet

Andrew Schneider is going to become the next FOX Bet chief marketing officer. Schneider used to work for Disney and help promote the Disney+ and ESPN+ platforms. MOUNT POCONO, Pa. – Former Disney executive, Andrew Schneider, is set to become the next chief marketing officer … Read more

Disney Owns 6% Of DraftKings Stock From FOX Acquisition

Disney Shares In DraftKings

The Walt Disney Company owns 6% of DraftKings stock after the company was listed on the NASDAQ exchange last week. DraftKings stock ticker for the NASDAQ is DKNG. Currently, DraftKings shares are going for $20.12 on the stock market. ORLANDO — The daily fantasy sports … Read more

Sports Betting In Colorado Launches, But In Strange Sports Climate

Colorado Sports Betting Launch

Colorado sports betting officially launched on Friday, March 1 with four online sportsbooks taking wagers. Top betting options right now include Belarusian, Nigerian and Korean soccer, table tennis, Taiwanese baseball, and the upcoming UFC 249. After the COVID-19 crisis is dealt with, Colorado could become … Read more

West Virginia Sports Betting Struggles Amid COVID-19 Shutdowns

Hollywood Sportsbook at Charles Town

Sports betting in West Virginia has struggled to garner much traction with the lack of sporting events available to wager on due to the coronavirus shutting down sports leagues. The overall betting handle has failed to surpass $500,000 in the month of April. The most … Read more

Colorado Will Have A Mountain Of Sportsbooks To Choose From May 1

Colorado Sports Betting Apps

Mobile sports betting apps in Colorado will be available to begin accepting wagers on May 1. The sports betting industry in the Centennial State is slated to gain an estimated $400 million in annual revenue based on a 10% tax rate that will go to … Read more