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Where Have Sportsbook Stocks Landed Since Their Peak?

Where Have Sportsbook Stocks Landed Since Their Peak?

by Giovanni Shorter | Jul 7, 2022 11:54 am | Sports Betting

DraftKings stock is down to 12.37 per share after peaking at 63.39 per share in 2021. Caesars stock peaked at 119.49 in 2021 but is now down to just 42.26 per share. A younger investing audience is rooted as one of the reasons for the stock shares to have dipped. NEW...
Arizona Sports Betting Dominates NFL Week 1 Per GeoComply

Arizona Sports Betting Dominates NFL Week 1 Per GeoComply

by Giovanni Shorter | Sep 14, 2021 11:19 am | Sports Betting

GeoComply has revealed the top sports betting markets during the opening week of the NFL season and Arizona saw the fourth most wagers. There were 58.2 million geolocation transactions during Week 1 of the football schedule. This NFL opener more than doubled the...
Massachusetts Sports Betting Bills Officially Filed For 2021 Session

Massachusetts Sports Betting Bills Officially Filed For 2021 Session

by Christina Monroe | Jan 25, 2021 11:10 am | Regulatory

Senate Bill 177 has been filed in the state legislature that would legalize retail and mobile sportsbooks in Massachusetts in 2021. Millions of dollars are expected to be gained by a legal sports betting industry in the Bay State through the legalization of the...
Connecticut Governor Now All In For Sports Betting In 2021

Connecticut Governor Now All In For Sports Betting In 2021

by Christina Monroe | Dec 9, 2020 10:57 am | Regulatory

Connecticut could see legal sports betting in 2021 now that Governor Ned Lamont is actively trying to draft a structure for the industry. Gambling on sports in Connecticut would be a Tribal business under the current discussions taking place. It is estimated that a...
Ohio Senator Believes Legal Sports Betting Still Possible In 2020

Ohio Senator Believes Legal Sports Betting Still Possible In 2020

by Christina Monroe | Nov 20, 2020 12:20 pm | Regulatory

Senate Bill 111 that would make sports betting legal in Ohio is still on the table until the end of the year. This legislation comes with an 8% tax rate, a cap of 22 operators for an allowance of 2 licensed brands at each of their 11 casino and retail locations, and...
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