DraftKings and FanDuel sportsbook hold nearly 75% of the market share for US sports betting. While MGM and Caesars make up another ~15%, the remaining 10% is split between way too many operators. PHOENIX – Recent withdrawals from the legal sports betting market from SaharaBets … Read more
Flutter, the parent company of FanDuel, will be making a move to gain a listing in the North American stock market. The move comes after a shareholder meeting saw overwhelming support for the company to branch out. Year-over-year FanDuel has quickly grown to encapsulate a … Read more
Sports betting advertisement spending has increased 281% to $281 million since September 2021. The increased spending has led to a 48.4$ increase in ad impressions. More than 18 billion impressions total. The sportsbooks that have seen the most impressions have also seen the largest bump … Read more
Mobile betting in New York is one step closer to launching as gaming regulators alert bidders of the final tax rate matrix. The six bids received will be ranked by score and the highest tax rate submitted by the bidders will be the one chosen. … Read more
BetMGM, FOX Bet, PointsBet, and WynnBET have been announced as official NFL sportsbooks ahead of the 2021 NFL season. These operators join Caesars Entertainment, DraftKings, and FanDuel as NFL partners. Each sports betting platform will all have exclusive rights to leverage NFL information for sports … Read more
More than $447.4 million was wagered on sports in Pennsylvania in June. Sportsbooks saw over $42.4 million in revenue. Pennsylvania saw more than $5.5 billion in sports betting handle for fiscal year 2020/2021. HARRISBURG, Pa. – Sports betting fans in Pennsylvania have been active in … Read more
• Sources say ESPN is going “all in” on sports betting while Sports Illustrated is moving to launch SI Sportsbook and FOX Bet has seen some success in the betting world. BRISTOL, Conn. – ESPN may be the latest sports media company to lean in … Read more
Sports betting in New Jersey saw a 13% decline month over month in April. Sports betting is up 1,270% year over year. The decline can be attributed to the ending of March Madness betting. TRENTON, N.J. – New Jersey sportsbooks saw a slight decline in … 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
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
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
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report … Read more
