Now is the best time to look into trading sports betting stocks as sports begin to mount a comeback. The odds that the stocks for sportsbooks like DraftKings and William Hill see a massive increase in value in the coming months are high. Other gambling … Read more
Senator Joseph Addabbo is behind Senate Bill 17 which would make mobile sports betting legal in New York. The Coronavirus has caused the state to be $17 billion in debt for which a sports betting revenue stream could help. New York sports bettors give most … Read more
Sports betting stocks are finally beginning to rebound after a massive crash, and this is likely a good time to invest. While the exact timetable for a return to normalcy is unclear, the return of sports is inevitable. Most sports betting stocks are seeing slow … Read more
No resolution is in sight for sports betting legalization in Connecticut. CT SB21, a bill that would legalize gambling on sports in Connecticut is not moving forward because the Tribes and lawmakers want different things out of the bill. A full draft of CT SB … Read more
There are two bills in Connecticut to legalize wagering on sports matches that are getting attention by legislatures. Both bills would make sportsbooks with the Tribes of the state legal for retail and mobile platforms. The sports betting market is estimated to see $20 million … Read more
The deal is between the National Lacrosse League and MGM Resorts. BetMGM will have various branding options at NLL Games. The NLL will receive weekly betting lines produced by BetMGM. PHILADELPHIA – The National Lacrosse League (NLL) struck a sports betting deal with MGM Resorts … Read more
Adam Silver has been a proponent of legal sports betting since he took office in 2014. The NBA is projected to increase revenues by $585 million per year with legal sports betting. With international gaming partnerships, the NBA should expect more revenue, especially from China. … Read more
Nearly 1 million guests of Empire City Casino have undergone interactions with GameSense since the 2017 launch. Employees of the casino are also being better prepared to help guests keep gambling as a hobby and overdo it. MGM Resorts paid $850 million to purchase Empire … Read more
Under current Massachusetts gaming laws, MGM Resorts can only have one casino in the state. Last month, Wynn Resorts completed reputation-damaging “suitability” hearings for the Massachusetts Gaming Commission just to be able to retain its license. MA lawmakers are set to hold informational hearings on … Read more
MLS has partnered with MGM, naming them the official sports betting partner of the league. MLS Commissioner Garber hopes to build a sports betting industry like that of Europe. NEW YORK – According to the MLS Commissioner, Don Garber, he is excited about the upcoming … Read more
William Hill is the National Hockey League’s third official sportsbook partner. The bookmaker joins MGM and FanDuel as official NHL wagering reps. William Hill also has partnership deals with multiple individual NHL teams. NEW YORK – In a move announced earlier this morning, the NHL … Read more