by Zachary Kelley | Sep 5, 2023 4:43 pm | Revenue
DraftKings surpassed FanDuel in monthly handle for the first time since Ohio sports betting launched in January. July was the lowest monthly-handle in Ohio’s sports betting history. Ohio surpassed the $4 billion mark in seven months despite their worst month in July....
by Zachary Kelley | Aug 28, 2023 5:50 pm | Regulatory
DraftKings received a $94,000 fine for advertising to underage players. FanDuel, PointsBet, Rush Street (BetRivers), and PENN (Barstool Sportsbook) are among the four other legal online sportsbooks to receive fines from Maryland’s gambling regulator. PENN and...
by Zachary Kelley | Aug 22, 2023 4:50 pm | Legal
The Kentucky Horse Racing Commission approved temporary licenses for seven sportsbook operators and seven racetracks on Tuesday. Every Kentucky applicant, including Penn Entertainment’s ESPN BET, received temporary licenses. Retail sports betting launches on September...
by Zachary Kelley | Aug 11, 2023 12:38 pm | Sports Betting
Four football players from Iowa State and three from Iowa are being charged for placing bets under a different name for games they played in. Iowa State’s starting running back Jirehl Brock made 1,327 online bets for over $12,000, including three games last season...
by Zachary Kelley | Aug 10, 2023 3:59 pm | Sports Betting
A daily fantasy sports operator Underdog Fantasy released a statement following recent scrutiny from pick’em style games. Underdog Founder and Co-CEO Jeremy Levine said that “FanDuel and DraftKings are scared of competition” and blame them for Underdog falling under...