LegalSportsBetting Brief: States, Sportsbooks Show Financial Growth 11/17/2020

Flutter - DraftKings

DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling activity. The … Read more

Tennessee Sports Betting Rakes In $27 Million In First Eight Days

Titans Stadium

Tennessee sports betting launched on November 1. On the first day, over $5 million was wagered in the state. Tennessee is the only state in the country that has online-only sports betting. NASHVILLE, Tenn. – Within just the first eight days of launching sports betting, … Read more

LSB Feature: FuboTV Plans To Enter The Sports Betting Market

FuboTV - Sports Betting

FuboTV announces to its investors plans to enter the sports betting market. Several television networks have connections with sports betting. Fax Sports and ESPN incorporate sports betting in their programs. NEW YORK – FuboTV has just announced its foray into the sports betting world and … Read more

VA Lottery Flooded With Sports Betting Applicants, Must Choose 12

Virginia Lottery - Sportsbooks

The Virginia Lottery received 25 applications from various sportsbook operators to open up businesses in the Commonwealth but can only give out 12 licenses by law. The legal sports betting market in Virginia is expected to launch in 2021. Sports wagering in the Old Dominion … Read more

Will IL Gov. Pritzker Extend Remote Sportsbook Sign-Ups For 5th Time?

Governor J.B. Pritzker

Illinois has been allowed to register for mobile sports betting platforms remotely since June. Governor J.B. Pritzker has to decide whether or not to allow the continued availability of remote sportsbook registration as the current order expires Saturday. Since opening remote registration for sports wagering … Read more

Q3 Financials Show Flutter Leads The Legal Sports Betting Market

Flutter - FanDuel

Flutter Entertainment has released its Q3 financial report. The report shows that Flutter Entertainment is the number one sportsbook provider in the US. Reports show a 46% online sportsbook market share. DUBLIN, Ireland. – The Q3 numbers for Flutter Entertainment have been released via the … Read more

Sportsbooks’ Masters Liabilities Sit With Matthew Wolff

Mathew Wolff

Matthew Wolff has +4000 odds to win the 2020 Masters Major Championship. FanDuel expresses that a Wolff upset would be their biggest liability. Wolff placed second in the 2020 US Open. AUGUSTA, Ga. – The Masters Tournament is bringing a lot of attention to sports … Read more

FanDuel Becomes Sports Betting Partner For Memphis Grizzlies

FanDuel - Memphis Grizzlies

The Memphis Grizzlies and FanDuel have signed a multi-year deal to make the company the official sports betting and daily fantasy sports partner. FanDuel will be able to promote their product and services on the Grizzlies media outlets and in-arena signage. The deal comes after … Read more

Fairmount Park Marks FanDuel’s Second Retail Location In Illinois

Fairmont Park - FanDuel

Fairmount Park and FanDuel have formed a partnership that gives the race track a sports betting license with FanDuel as the sportsbook operator. COVID-19 has affected many casinos in Illinois due to the rising cases in a majority of regions around the state. The gaming … Read more

Bally’s In Atlantic City Set To Open A FanDuel Sportsbook

Bally's Casino

FanDuel will be opening its second sportsbook in New Jersey at the Bally’s Atlantic City Hotel & Casino. This will be FanDuel’s second retail location in the Garden State, which will have a permanent spot at the casino by the Spring of 2021. ATLANTIC CITY, … Read more

FanDuel, DC United Partnership Brings Retail Sportsbook to Audi Field

FanDuel - DC United

FanDuel has partnered with D.C. United to become the exclusive sports betting sponsor of the MLS team. FanDuel will also be opening a retail sportsbook at the D.C. United stadium, Audi Field. This is the gaming company’s first sports betting deal with a MLS team … Read more