The Massachusetts Gaming Commission will favor applicants who operate sportsbooks in the US. Expect many names to apply for a Massachusetts sports betting license. Many first-year licensees could lose their license upon starting Year 2. BOSTON – Many thought Thursday’s Mass. Gaming Commission meeting would … Read more
After two years of being active in the Ontario sports betting market, Bet99 has announced their current acquisition by Kings Entertainment and plan to take the company public. Many legal sports betting operators have brought their company to the stock market, including DraftKings, Caesars, and … Read more
Kansas sports betting will launch at noon CT with grand openings from many of the local sportsbooks. With mobile and online betting in Kansas, the state will host one of the quickest turnaround times to launching. Jordy Nelson will place the first bet at Kansas … Read more
The MLB has come out as an official supporter of Prop 27 in California, which would legalize online sports betting and is the first league to take a side on either bill. With partnerships with sportsbooks operators already, Prop 26 would not allow the MLB … Read more
FanDuel Sportsbook launched in Washington DC in mid-July, but still, put up a respectable handle while dominating other sportsbooks when comparing rate statistics. Despite factors working against long-term exponential growth, FanDuel is likely to grow its revenue within the nation’s capital due to football season … Read more
The start of the NFL season last year meant sports betting stocks skyrocketed. Shortly after that boom, the values of the top sportsbook’s stocks began to plummet. Betting on a short-term boom based on past history may be the best investment. NEW YORK – The … Read more
FanDuel is partnering with Boyd Gaming to operate a sportsbook at the Fremont Casino in Las Vegas. The legal sports betting partnership likely is the first step in FanDuel’s grand plan to return to Nevada. For FanDuel to open an online sportsbook in Nevada they … Read more
States are beginning to recognize how much promotions are costing them in taxes and beginning to ban sportsbooks from using them as tax write-offs. Promotions have hurt the sportsbooks themselves as well, with many of the top brand’s stock prices plummeting as a result. LAS … Read more
New York’s online betting market has surpassed $9.3 billion in bets in its first six months of being live. This total handle is more than the $8 billion wagered in the first full year of US-regulated betting post PASPA. July 2022 marked the first month … Read more
The New York Yankees have secured their fourth sports betting operator partnership and this time with Bally Bet. Bally officially launched in the NY market on July 6th and already has a deal with the +350 World Series favorite team. NEW YORK – The Yankees … Read more
Bet365 is launching a new sports betting news website covering sports and betting. FanDuel is rebranding TVG as FanDuel TV, a new sports betting network. NEW YORK – Popular sportsbooks are entering the sports betting media department as bet365 is set to launch a sports … Read more
Mattress Mack was featured at the SBC Summit in New Jersey and spoke about regulated books lowering their betting limits. During this conference, Mack also talked about his dislike for promotional play, because it does not incentive bettors to keep betting. NEW JERSEY – The … Read more