Michigan online sports betting has made a national record for the quickest to reach the $1 billion mark, doing so in 99 days. April sports wagering action reported a drop in April when compared to March but that was expected by operators as March Madness … Read more
PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act (PASPA) will possibly … Read more
Tennessee has made a new national record for sports betting handle collected within six months, exceeding the billion-dollar mark. The sports gaming industry of Tennessee is currently undergoing a transition from having the Tennessee Education Lottery as the regulator to making the Sports Wagering Advisory … Read more
Sports betting dips 25.4% in Indiana in April month over month. Mobile sportsbooks still dominated the market in April with 88.4% of the total market. The biggest retail sportsbook of the month was Hollywood Lawrenceburg. INDIANAPOLIS – The sports betting market in Indiana saw slight … Read more
Flutter Entertainment has announced that FanDuel CEO Matt King will be stepping down. Flutter Entertainment has warned this will delay the potential public listing of FanDuel. Matt King will remain as CEO until a replacement is selected. NEW YORK – Popular sportsbook and daily fantasy … Read more
Iowa betting fans wagered $118.4 million on sports in April. This is down from the $161.4 million record set in March. This is the largest single-month drop since sports betting launched in Iowa. DES MOINES, Iowa – Iowa has come down from the highs it … Read more
Daily fantasy sports (DFS) could launch in Louisiana in time for the NFL season. FanDuel has been working closely with the Louisiana Gaming Board. The 17 parishes that voted against fantasy sports will not have access. BATON ROUGE, La. – After nearly three years since … Read more
WynnBET is now the seventh mobile sports betting platform in Tennessee. The sportsbook is now live in six states nationwide. Tennesseans can download the WynnBET app on any smartphone to begin gambling on sporting events with the company’s betting lines. NASHVILLE, Tenn. – On Friday, … Read more
More than $304 million was bet on sports in Virginia in March. This can mainly be attributed to March Madness betting throughout the month. FanDuel is the biggest sportsbook in the state, claiming 53% of the market. RICHMOND, Va. – Sports betting fans in Virginia … Read more
FanDuel IPO would only make a small shareholding available but nothing is imminent. Flutter saw a 42% jump in online revenue during Q1 which was driven by online player growth being up 36%. FanDuel was responsible for 91.6% of Flutter’s revenue compared to only 8.4% … Read more
Tennessee sports betting had a surge in activity in March due to gamblers wagering on the March Madness tournament. The Volunteer State is home to four mobile sportsbook platforms. March brought in $205.9 million in handle. NASHVILLE, Tenn. – The Tennessee Education Lottery (TEL) recorded … Read more
BetMGM announced on Thursday that they paid $10,500 for a typo on a prop bet listed during the NFL’s AFC Divisional playoff game in January. Errors to betting lines for mobile sports betting platforms must be paid out to any gambler that placed money on … Read more