Entain Plc will remain independent from MGM Resorts. MGM’s offer to take over Entain Plc was valued at $11.1 billion. Entain Plc claims that the amount offered to them undervalued the company. LAS VEGAS – Entain Plc has formally dismissed an $11.1 billion takeover attempt … Read more
Sports betting handle in Nevada exploded for $609.5 million in November. Nevada sportsbooks collected a record $61.8 million in revenue. The state saw $4.2 million in tax revenue. CARSON CITY, Nev. – Nevada has continued to see major success in the sports betting arena, with … Read more
The Philadelphia 76ers and BetMGM have partnered and FanDuel Sportsbook entered a partnership with WarnerMedia’s Turner Sports. Ohio’s Legislature has adjourned for 2020 without passing Sub. SB 111 that would have allowed legal sportsbooks in the state. Alabama, Florida, and Georgia are all in talks … Read more
Connecticut looks favorable for sports betting legalization in 2021 while Oklahoma does not. New Jersey and Indiana both set records for handle in the month of November. Tipico Sportsbook launched its first US application in New Jersey and Michigan approved 15 operators for mobile sportsbooks … Read more
Delaware, Nevada, New Hampshire, Oregon, & Rhode Island all recorded bigger handle and revenue for the month of October in their sports betting markets. The Pittsburgh Steelers and the Detroit Pistons entered partnerships with sportsbooks. The Pittsburgh Steelers and the Baltimore Ravens will play on … Read more
Famous sports bettor, Lem Banker, has died at the age of 93 in Las Vegas. Banker has been a mainstay in the sports betting world since the 1950s, making a real name for himself beginning in the 1970s. LAS VEGAS – Lester “Lem” Banker, a … Read more
Nevada had a record-breaking month in sports betting handle for the state with $660 million in wagers. They lagged 18% behind the national record for handle of $803 million that is held by New Jersey. LAS VEGAS – Nevada posted their October sports betting numbers, … Read more
There are a total of 25 states that have legalized sports betting, 19 of which have active sportsbooks. Residency in a state is not required when betting on sports in a state with legal sportsbooks. Withdrawals can be made when travelers head home, but further … Read more
DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling activity. The … Read more
Wynn Interactive cost Wynn Resorts $80 million as they merged with BetBull to form the mobile and internet sportsbook. The sports betting platform has already gone live in the New Jersey market as of August. LAS VEGAS – A partnership deal that started in October … Read more
Joe Biden now has -1800 odds to win the US Presidential Election 2020. Democratic Candidate is now -1200 favorite to win Georgia. Donald Trump has +950 odds to keep Pennsylvania. WASHINGTON – The Presidential Election is gearing up for its final stretch as the last … Read more
The legalization of recreational marijuana will be part of voter ballots in five states on November 3. Four states have odds on the outcome of how people will vote posted on sportsbooks, with two being heavily favored to open legal cannabis markets. PHOENIX – Five … Read more