Deutsche Bank analysts foresee huge positive growth for GVC Holdings in the back half of 2020. Deutsche’s consensus projection for GVC Holdings set its target price at 1040 GBX, nearly 30% above the current price. One analyst went one step forward and projected 2020 earnings … Read more
PrizePicks is a popular domestic daily fantasy sports operator. The company received $850,000 in bridge funding, a form of short-term private investment aid, in response to the COVID-19 pandemic. The investors for this bridge funding believe in the long-term potential of PrizePicks as a major … Read more
COVID-19 has created an estimated $615 billion hole in state budgets through public health expenses and lost tax revenues. Many states have turned to sports betting odds as one potential avenue to mitigate the economic losses caused by COVID-19. Since the near start of the … Read more
The Detroit Tigers have officially partnered with sportsbook and gaming company PointsBet. This is the first sportsbook to partner with any Major League Baseball team. The partnership is set to better fan engagement and provide more MLB odds, Tigers’ content and promotions as well. DETROIT … Read more
Baseball is set to return July 23 as the New York Yankees (-126) take on the Washington Nationals (+116). Odds for the first baseball game of the season are now available as Gerrit Cole makes his Yankees debut against Max Scherzer. World Series odds are … Read more
Both Tipico, a top German sports betting firm, and Amelco, a top English firm, are set to launch new mobile sportsbooks in the U.S. within the next two months. Even with the coronavirus halting major sports leagues in the U.S. and around the world, mobile … Read more
Nevada’s combined sports betting and poker revenues increased 61% in May, from $3.6 million in April up to $5.8 million. Exact betting figures, win rate, handle, etc. were once again redacted to comply with confidentiality laws. Gambling revenues in Nevada are trending up, but a … Read more
The MLB signed a deal with theScore allowing the sports betting app access to league info, marks, and logos. In becoming an authorized gaming operator for the MLB, theScore is now joining companies such as FanDuel and DraftKings. The sports betting app is available for … Read more
Illinois casinos will be allowed to reopen beginning on Wednesday with new social distancing and public health regulations. This will be the first opportunity for retail sports betting in Illinois in three months. Access to online and mobile sports betting odds have been expanded since … Read more
New York Mets owner Fred Wilpon is looking to sell the team by October 1st. Alex Rodriguez and Jenifer Lopez have the shortest odds at +125 to buy the team according to online sportsbooks. Sports bettors expect the team to sell for under (-160 odds) … Read more
New Jersey’s sports betting industry had a $117.8 million betting handle and earned $9.9 million in revenue in May. These totals represent massive month-over-month increases from April, indicating that New Jersey sportsbooks are on the path to financial recovery from COVID-19. Major North American sports … Read more
The LA Dodgers (+400) and New York Yankees (+450) are favored to meet in the World Series for this 2020 season. The Yankees have -105 odds to win over 38 games (of 60) and because of the delay in the season, they will have key … Read more