Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox Corporation … Read more
Sports bettors have downloaded more mobile sports betting apps in March 2021 than they did in March 2020. March Madness was one of the reasons for the surge in downloads and sports wagering activity. FanDuel and DraftKings saw the bulk of downloads and wagers for … Read more
FanDuel Group enters a new collaboration agreement with MotorCity Casino. This allowed FanDuel SPortsbook to be official gaming partners of the Detroit Red Wings and Detroit Tigers. The sportsbook now gains exclusive access to team data and marks. DETROIT – FanDuel Sportsbook and MotorCity Casino … Read more
The sports betting industry in Virginia has posted another negative month for February with over $3 million in the red. Although the Commonwealth saw a loss, handle was at a record high at $265.8 million for the month. Over 7.3% of wagers came from Super … Read more
Sportsbooks like DraftKings have gone public. Flutter Entertainment is considering making FanDuel its own company and making it go public. Diamond Eagle is looking to invest in sports betting company theScore. NEW YORK – The legal sports betting market has continued to bloom and more investment … Read more
The Connecticut General Assembly will be hearing bills regarding the regulation of mobile and retail sportsbooks in the state. Governor Ned Lamont wants to see regulated sportsbooks launch in Connecticut by the start of NFL season. HARTFORD, Conn. – With a deadline fast approaching as … Read more
Users reported issues at mobile sportsbooks BetMGM and FanDuel in the opening moments of the NCAA Tournament. Live betting odds were momentarily down at SBTech backed sports betting platforms. INDIANAPOLIS – The 2021 NCAA Men’s Basketball Tournament is usually one of the most heavily wagered … Read more
Pennsylvania residents saw online gambling ads during Sabrina the Teenage Witch. Indiana sportsbooks have been advertising locally as well. European markets banned sports betting ads in the past. INDIANAPOLIS – With the continued popularity of legal sports betting and the increased competition in the market, … Read more
Virginia now has eight licensed sports wagering operators in the Commonwealth. The Golden Nugget Online and Bally’s have been given temporary licensure to open their mobile sportsbooks but each will likely launch in the summer rather than for March Madness. Virginia Governor Ralph Northam currently … Read more
New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … Read more
FanDuel has signed multiple partnerships in 2021 already, including Bally’s Corp, Kenny Smith, and Boyd Gaming Parent company Flutter Entertainment is considering making FanDuel a publicly-traded company, giving it its own IPO. FanDuel has launched a second sportsbook in Illinois. NEW YORK – Few sports … Read more
January’s sports betting handle in Indiana was $348.2 million while February’s handle was $273.8 million. Before February, Indiana’s sports betting handle had increased for the past five months. Indiana sports betting generated $1,610,811 million in tax revenue during February. INDIANAPOLIS – Indiana’s sports betting handle … Read more