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
Sports betting in Illinois was passed by the state legislature as an amendment to the bill IL SB 690. Sports gambling will be legal through both retail sportsbooks and statewide mobile wagering apps. Illinois is the fifth state to officially legalize sports betting this year. … Read more
Mobile sports betting in WV launched days before the new year but lasted less than 3 weeks. The state has received nearly $100,000 in tax contributions since the September sports betting launch. Only three of the five WV sportsbooks are actively accepting wagers. CHARLESTON, W.V. … Read more
The current DraftKings app may not be compliant with the Interstate Wire Act. DraftKings will have to move its “wallet server” from New Jersey to West Virginia. The necessary delay should take only a few weeks. CHARLESTON, W.V. –West Virginia’s rollout of mobile sports betting … Read more
There are currently eight states with active sportsbooks and seven more states who may possibly launch sports betting operations this year. FanDuel was acquired by Paddy Power Betfair in July of 2018. William Hill plc., GVC Holdings, and Paddy Power Betfair all have online sports … Read more
The 30-second ad aired for less than a day before being voluntarily pulled. BetIllinois made the ad, which was backed by both DFS operators. The removal of the ad signifies that discussions are now underway in earnest. SPRINGFIELD, Ill. – Yesterday, FanDuel and DraftKings released … Read more
DraftKings is slated to take its online betting product live within weeks. The Hollywood Casino at Charles Town Races has partnered with DraftKings for statewide mobile betting. With mobile wagering, WV should be able to at least double its current handle and revenue numbers. CHARLESTON, … Read more