Fox Bet Set To Generate A Loss Of $40m, Per Q3 Stars Group Report

FoxBet and BetStars

The Stars Group launched online sports betting operations in Pennsylvania and New Jersey during the third quarter of the year. Flutter agreed to acquire the Stars Group during Q3, the sale won’t be completed until 2020. The Stars Group International decreased in revenue due to … Read more

GeoComply Reports Sports Betting Locations At Rest Stops

Geo-Fencing

GeoComply has the technology to not only verify a customer’s location but for their activity within multiple accounts. They have been recording a number of bettors placing sports bets at highway rest stops in states where mobile sports wagering has been legalized. Geofencing technology ensures … Read more

French Lick Posts Low Hold Percentage, Colts Nation Continues To Win

French Lick Sportsbook

After a launch month, states usually see their licensed sportsbooks’ hold percentage anywhere from 10-40%. French Lick Casino is reported to have held only 5.1% of all money risked due to successful Colts’ bettors. Winning five of their last six, the Colts may challenge bettors … Read more

Legal Sports Betting Revenue Helps States Collect $100M In Taxes

Tax Money

Every state with legal sports betting taxes their sportsbooks’ revenue at a percentage ranging from 6.75% – 51%. While the majority of states only send tax contributions to their statehouse, others give to the cities or counties that host the books. Sports betting revenue and … Read more

Aspire Global Uses 888 As Vehicle To Enter US Gaming Market

Aspire Global

Aspire Global is a B2B iGaming software provider. 888 Holdings Plc operates both iGaming and online sports betting in New Jersey. Certain states that have legalized online sports betting have also legalized iGaming. TALLAHASSEE, Fla. – Aspire Global will now enter the US market for … Read more

Sportsbooks Expect Record Number Of Bettors For World Series Game 7

world-series-game-7

Only six states were operating licensed sportsbooks during the 2018 World Series. Now, there are 13 states that are offering World Series betting lines to sports bettors. The sportsbooks expect their lounges to fill up with sports bettors due to increased fan engagement. HOUSTON – … Read more

FanDuel And GAN Are Taking Bets In Indiana

Indianapolis Indiana

The FanDuel online sportsbook is now taking bets in Indiana. FanDuel and GAN have partnerships in New Jersey and Pennsylvania. GAN is a developer and supplier of B2B online gambling software and services. INDIANAPOLIS – FanDuel and their partner GAN launched their online sportsbook in … Read more

5 Additional States Can Now Display Sports Betting Ads On Google

Google Ads

With the widespread popularity of sports betting, Google has authorized more states to advertise these services on its search engine. These advertisements will come with restrictions under the new Google policy. Ads for wagering on sporting events will not be exclusive solely to the state … Read more

MLB Enters Multiyear Partnership With Fox Bet

FOX Bet and the MLB have entered into a multiyear partnership.

Fox Bet will have the ability to use official MLB data for sports bets. MLB will receive branding rights within the Fox Bet network. Fox Bet currently operates in New Jersey and Pennsylvania. TALLAHASSEE, Fla. – Fox Bet announced last week that they are now … Read more

The Controversial Effect Collegiate Sports Betting Policies

Clemson Football

Villanova University was the first university to ban students, staff, and faculty members from betting on the school’s athletic programs. Purdue became the first public university to instill the same prohibitions as Villanova and SJU. In Pennsylvania and in Indiana, sports betting laws allow anyone … Read more

September Sports Betting Revenue Brings DE Books Out Of The Doghouse

Dog House

Delaware sportsbooks made more money in September than the last four months combined. Harrington Raceway set a new record for its highest monthly betting handle with $2.28 million collected. Since the state’s launch in June 2018, over $150 million has been wagered at the three … Read more