DraftKings and FanDuel executives met with tribal representatives in California at the Indian Gaming Tradeshow & Convention to discuss a potential partnership. The Sports Betting Alliance’s proposal seeks to license sportsbooks while ensuring revenue-sharing benefits for all 109 federally recognized tribes. Despite ongoing negotiations, tribal … Read more
Basketball was the most bet on sport in Vermont for 2024. The first year of action saw VT sportsbooks collect nearly $200 million from sports bets. The State of Vermont received over $6.3 million in sports betting taxes from Year 1. Tennis saw a high … Read more
Senator Richard Blumenthal has criticized Connecticut’s proposed in-flight betting bill, citing public health risks and concerns over minors accessing gambling. Blumenthal also highlighted federal restrictions under the Gambling Devices Act of 1961, urging DraftKings and Delta to pause their partnership on airborne gambling. HARTFORD, Conn. … Read more
As a bipartisan issue, Senators Mike Lee and Peter Welch wrote to the Federal Trade Commission asking for an investigation into DraftKings and FanDuel – two sportsbook operators who control over three-fourths of the US betting market. The sportsbooks faced a similar request a decade … Read more
Major changes in mobile sports betting are on the horizon as the DC Council opens the market to multiple operators. The new budget slashes tax rates and welcomes competitors like BetMGM and Caesars to expand citywide. An amendment ensures betting kiosks remain in convenience stores … Read more
Many of the most popular sports betting companies in the US just formed the Responsible Online Gaming Association (ROGA). Education, treatment, and marketing practices for responsible gambling are the main focuses of ROGA. NEW YORK – Seven major sports betting brands including FanDuel and DraftKings … Read more
North Carolina sports betting launches at noon on Monday, March 11. Eight sportsbooks are licensed with the North Carolina State Lottery Commission, while other internationally-licensed sportsbooks accept NC players and offer bigger bonuses. Bovada offers a 50% match up to $1,000 on your first deposit … Read more
Ohio earned $113.1 million from January’s $811.6 million in sports betting handle. The large drop off in handle and revenue from last year can be attributed to promotional betting and the state’s first month with legal sports betting. FanDuel and DraftKings received roughly 68% of … Read more
Underdog Sports is the name that sticks out amongst the eight North Carolina sports betting operators announced on Thursday. Their North Carolina license marks the first attempt for Underdog Fantasy to also offer a regulated sportsbook. North Carolina online sports betting launches at 12 p.m. … Read more
Vermont launched online sports betting on Thursday. DraftKings, Fanatics, and FanDuel are the three sports betting operators in the state. Vermont expects to earn up to $7 million in their first full year of operation. MONTPELIER, Vt. – Online sports betting went live in the … Read more
DraftKings, Fanatics Sportsbook, and FanDuel will begin offering online sports betting in Vermont on Jan. 11, 2024. ESPN BET and BetMGM also submitted applications but weren’t named as Vermont sports betting operators. Vermont expects to earn more than $7 million in sports betting revenue for … Read more
Americans bet $79.76 billion on sports since January of 2023. Based on current pace and upcoming sporting events, the market expects to continue its growth and surpass the $100 billion mark before the year ends. The emergence of new online sportsbooks and more states with … Read more