WynnBet held 3.14% of sports betting action in April. Success from the Boston Celtics may influence the low hold percentage. DraftKings and FanDuel continue their sportsbook market domination. BOSTON – Bettors at WynnBet took control in April according to the most recent Massachusetts Gaming revenue … Read more
Fanatics Betting and Gaming has acquired PointsBet US for $150 million. The Australian-based sportsbook will retain their Australian and Canadian businesses. Fanatics Sportsbook will gain access to PointsBet US’s sports betting licenses across 14 states. NEW YORK – PointsBet US announced a $150M sale agreement … Read more
Flutter, the parent company of FanDuel, will be making a move to gain a listing in the North American stock market. The move comes after a shareholder meeting saw overwhelming support for the company to branch out. Year-over-year FanDuel has quickly grown to encapsulate a … Read more
DraftKings had the highest handle of all Massachusetts sportsbooks in their 2023 March sportsbook revenue report with over $257 million wagered. Players had the most success betting on DraftKings, as the sportsbook held the lowest percentage of revenue at 6.26% The state recorded nearly $550 … Read more
Major sportsbooks have too much power when it comes to manipulating the market. Players have been received betting limits and had VIP invitations retracted because of their betting success. LAS VEGAS – Sportsbooks are manipulating the gambling market by arbitrarily limiting bettors and stripping players … Read more
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective buyers … Read more
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in Massachusetts launched just three weeks ago on March 10. Nine … Read more
Massachusetts has launched their online and mobile sportsbooks as of 10 a.m. EST. Friday. Six operators have stated they are ready and have begun actively accepting bets, with at least five more preparing to start at a later date. The overwhelming amount of sports betting … Read more
DraftKings has released their most bet on women athletes and women’s sports teams The number of women bettors has grown drastically in recent years, with reports as high as a 115% increase in the last year As a community, the acceptance and willingness to teach … Read more
After a seven-month wait following the signing of a bill regulating sports betting, Massachusetts is ready to open online markets to many hungry bettors. Seven of the most well-known and renowned sportsbook app operators have already been granted licenses and are ready to launch on … Read more
Massachusetts Governor Charlie Baker will become the next president of the NCAA as of March 2023. Unlike the current NCAA president, Mark Emmert, Baker supports legal sports betting in the US. The 2021 NCAA March Madness Championship saw a 14% decline in total viewership to … Read more
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations as a legal US sportsbook. Players will have to rely … Read more