The directors and managers of Draftkings, SBTech, and Diamond Eagle Aquisition Corp. have approved the combining of their businesses. The completion of the combination is expected to close by the first half of 2020. The corporations are going to offer mobile sports betting across the … Read more
Over 20 states will have legalized sports betting in 2020. The three biggest states for the market are not part of those states but have been in favor of legalization. California, Florida, and Texas have faced either tribal or political opposition on the issue. PROVIDENCE, … Read more
Online sports betting brought in almost 85 percent of the total handle. Sports handle and revenue has increased since mobile wagering was introduced. It has been a year since Pennsylvania sports betting began. HARRISBURG, Pa. – Sportsbooks in Pennsylvania had a combined betting handle of … Read more
The Missouri House Special Interim Committee on Gaming conducted five separate hearings from August to November. The Committee heard testimonies from various stakeholders in the potential MO sports betting industry such as the MLB and casino officials. Several Missouri sports betting bills were introduced in … Read more
Sports betting has now become legal in thirteen states with six other states in line to do the same. Virginia estimates a tax revenue of $55 million annually from sports wagers which is very minor in comparison to the overall estimate of $367 million from … Read more
DraftKings has donated over $1 million dollars to its Tech for Heroes program and various veteran causes. For every point scored by NFL teams in the 2019 Thanksgiving games, DraftKings will donate $1,000 to veteran organizations. Last month, DraftKings donated thousands to breast cancer research … Read more
DraftKings will operate both retail sportsbooks and a mobile sports wagering app in New Hampshire. The contract between DraftKings and the New Hampshire Lottery will require DraftKings to pay 50% of retail sportsbook revenue and 51% of mobile revenue to the state. A DraftKings Sportsbook … Read more
The Philadelphia 76ers have become the first team in the NBA to make an endorsement deal with a mobile sportsbook company. The team already has a partnership with Parx Casino, a deal that was made last month. FOX Bet is the second most popular sports … Read more
There are currently only three active sportsbooks in West Virginia. IMG Arena US, Novamatic Gaming Solutions, and Wordplay Gaming Solutions were all approved to be West Virginia sports wagering suppliers. West Virginia sports betting laws allow for a single casino to have up to three … Read more
No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more
Proposition DD, which legalized sports betting in Colorado, passed by a voting margin of 51% to 49%. Land-based sportsbooks in Colorado will be limited to the towns of Black Hawk, Cripple Creek, and Central City. Mobile sports betting apps in CO will be available statewide. … Read more
DraftKings and the NBA now have a sports betting partnership. The partnership allows DraftKings to have the use of official NBA data. NBA now has multiple sports betting partners. NEW YORK – The NBA announced that they have entered a multi-year partnership with DraftKings. This … Read more