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
HB 2772 will allow for 20 sports betting licenses. Licenses will be awarded to both tribal casinos and state-regulated operators. PHOENIX— Arizona sports bettors might not have to wait much longer as the process to allow for sports betting in the state has been taken … Read more
Michigan sportsbooks saw $383.7 million wagered on sports in March. About 93.7% of all wagers came from mobile sportsbooks. Sports betting revenue saw $35.2 million, a 9.2% yield. LANSING, Mich. – Sports betting fans were active in March in the Michigan market as the month … Read more
Pennsylvania sports betting handle reached $560.3 million in total during the month of March. Betting on March Madness helped with the uptick in total wagers. Almost 92% of all sports bets in PA were placed online. PHILADELPHIA – Pennsylvania sports betting handle, along with betting … Read more
FanDuel and the Phoenix Suns have come together making FanDuel the official sportsbook of the NBA Team. The partnership gives FanDuel market access to Arizona. Sports betting in Arizona is has been signed into law by Governor Doug Ducey. PHOENIX – Sports betting fans in … Read more
The NFL now has sportsbook partnerships with Caesars, DraftKings, and FanDuel. The 2021 NFL season will see all three of these sports betting operators featured on different networks with betting lines as well as on their individual platforms for wagering. Billions of dollars stand to … Read more
The Arizona Legislature has passed House Bill 2772 in both chambers to regulate mobile and retail sportsbooks statewide. The Senate was the final piece of the puzzle to approve regulated sports gaming in Arizona where Governor Doug Ducey is expected to sign the measure as … Read more
Over $316.7 million was wagered on sports in March in Indiana. This is a 15% increase from February’s betting handle. Sports betting revenue in Indiana is also up 55%. INDIANAPOLIS – Sports betting in Indiana saw major growth in March after a slight dip in … Read more
Arizona has twelve days left to approve legislation to regulate sports betting in 2021. House Bill 2772 should be heard by the Senate this week, after passing in the House in March. The measure would regulate both mobile sportsbooks and retail sports wagering with tribal … Read more
Fox Corporation and Flutter Entertainment’s legal dispute has continued. Fox has threatened to pull all FanDuel promotion from its media outlets. Fox is the second-largest sports broadcast network in the country. NEW YORK – Fox Corporation and Flutter Entertainment have continued their legal dispute over … Read more