The companies will keep the Caesars name, after finalizing the terms of the merger in 2020. With a strong sports betting market share, Caesars will be able to capitalize on the online market. A spinoff online betting company is possible, creating an extra revenue stream … Read more
Sports betting in New Hampshire was signed into law by NH Governor Chris Sununu on July 12, 2019. The New Hampshire sports betting bill that was signed into law did not address a definitive tax rate or licensing fee for sports gambling vendors. The state … Read more
There are now 25 members that are a part of iDEA Growth. iDEA Growth wants to create a unified voice to advocate for mobile sports betting. iDEA Growth wants to make sure that mobile sports betting is included in sports betting bills. WASHINGTON – As … Read more
While Penn National has agreed to partnerships with multiple online sports betting providers, Kambi will be the company’s exclusive sportsbook partner. Penn National was the first iGaming operator in the state of Pennsylvania. Each deal with Penn National is contingent up the state’s laws and … Read more
There have been over half-a-dozen Massachusetts sports betting bills introduced this year. The Massachusetts legislative session lasts until December 31, 2019. There have been two hearings held this summer to discuss possible sports betting bills. BOSTON – While it may seem as though the fate … Read more
DraftKings operates both a retail and online sportsbook in New Jersey as well as a retail sportsbook in Mississippi. This marks the second sports betting partnership for the MLB, as the league signed a deal with MGM resorts last November. DraftKings will now have access … Read more
Paramount Commerce is the parent company of Mazooma, who recorded the first legal sports betting transaction. Justin Ferrabee will become the new CEO on August 12, after working as the COO for Payments Canada since 2015. ATLANTA – On Tuesday, Mazooma announced the hiring of … Read more
Sportsbooks in New Jersey have kept over $200 million in revenue since their June 2018 launch (before tax contributions). June’s report saw the state post their lowest handle and revenue since October 2018 and August 2018, respectively. The Meadowlands continues its surge as the top … Read more
West Virginia sportsbooks took in almost $8 million in wagers for June. Hollywood Casino was responsible for 71% of the monthly betting action. Wheeling Island and Mardi Gras are still out of operation for both retail and mobile betting. CHARLESTON – W.V. – Sports Betting … Read more
Kambi is an international B2B sports betting provider with offices located in Malta, London, and Philadelphia. Every current online sports betting platform in Pennsylvania is powered by Kambi. PHILADELPHIA – Those in the Philadelphia region are well aware of the growing PA sports betting market. … Read more
DraftKings’ Flash Bet product is faster than traditional live betting. At Wimbledon, Flash Bet will allow wagers to be placed on every point. If successful, DraftKings could launch Flash Bet for all major US sports. BOSTON, MA – If DraftKings has its way, live betting … Read more
Governor Bill Lee did not sign the sports betting measure but allowed it to become law. Legislators are unsure of a specific launch date, with answers ranging from mid-NFL season to mid-NBA season. Tennessee’s licensing fee of $750,000 marks the highest fee in the nation. … Read more