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PA Sports Betting Handle Passes $5 Billion For FY 2020/2021

PA Sports Betting Handle Passes $5 Billion For FY 2020/2021

by Giovanni Shorter | Jul 20, 2021 12:04 pm | Revenue

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...
Will ESPN Be The Next Media Company To Launch A Sportsbook?

Will ESPN Be The Next Media Company To Launch A Sportsbook?

by Giovanni Shorter | Jul 8, 2021 11:12 am | Sports Betting

• 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 heavily on the sports...
New Jersey Sees Monthly Sports Betting Loss In April, Yearly Growth

New Jersey Sees Monthly Sports Betting Loss In April, Yearly Growth

by Giovanni Shorter | May 17, 2021 11:03 am | Revenue

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 activity month...
Flutter: FanDuel IPO Would Not Include FOX Bet, PokerStars

Flutter: FanDuel IPO Would Not Include FOX Bet, PokerStars

by Robert Jones | May 1, 2021 10:03 am | Sports Betting

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%...
Fox Threatens To Pull FanDuel Promos As Legal Battle Escalates

Fox Threatens To Pull FanDuel Promos As Legal Battle Escalates

by Giovanni Shorter | Apr 12, 2021 12:27 pm | Sports Betting

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...
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