Flutter Entertainment has announced that FanDuel CEO Matt King will be stepping down. Flutter Entertainment has warned this will delay the potential public listing of FanDuel. Matt King will remain as CEO until a replacement is selected. NEW YORK – Popular sportsbook and daily fantasy … Read more
Catena Media has made its second purchase of a U.S. sports betting affiliated operation with the acquisition of Lineups.com. Lineups.com made $7.5 million in profits from sales in their last fiscal year. Catena Media wants to capitalize on the ever-growing popularity of the sports wagering … Read more
DraftKings has partnered with Meadowlark Media, forming a new distribution and content relationship. The deal will bring the Dan Le Batard Show with Stugotz and Le Batard & Friends network to DraftKings platforms. This is the first of its kind content distribution deal in the … Read more
The total sports betting handle in New Jersey for March was $859.6 million. New Jersey made $7.8 million in tax revenue from sports betting during March. The internet sports wagering handle for New Jersey was $780,145,392 fueled by March Madness betting. TRENTON, N.J. – The … Read more
Churchill Downs mobile sportsbook TwinSpires announced a new five-year betting deal with sports technology company Sportradar. TwinSpires will use Sportradar’s products to better its sports betting services. TwinSpires will gain access to the live in-game betting, pre-match betting, and content solutions options. LOUISVILLE, Ky. – … Read more
The budget proposal in New York has passed with regulated mobile sportsbooks included in the paperwork. New Yorkers will see up to six regulated mobile sports betting platforms launch by September for the NFL season. Over 90% of all sports betting that will occur statewide … Read more
Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox Corporation … Read more
A mobile sports betting market in New York is getting closer to being included with the 2021 FY budget package. Governor Andrew Cuomo expects an estimated $500 million in yearly revenue from mobile sports betting in New York. The Oneida Nation believes any legislation for … Read more
Mobile sports betting looks to be inevitable at this point for being a part of the 2021 NY State budget proposal. Governor Andrew Cuomo believes the expansion into mobile sportsbooks would bring in an estimated $500 million in yearly revenue for New York. New York … Read more
The New York FY2022 budget proposal has surpassed its April 1 deadline where a regulated mobile sports betting market was to be included. Three proposals are open to expanding the sports betting industry of New York with mobile platforms. The next few days should see … Read more
New York’s budget bill proposal passed by majority vote on Monday night in both chambers with online sports betting listed as a revenue source. There are three bills currently open for the legalization of mobile sports betting in the New York State Assembly. Governor Andrew … Read more
Three bill proposals to legalize mobile sportsbooks in New York in 2021 are up for discussions in the New York State Assembly. Governor Andrew Cuomo believes a bill that he is drafting would see $500 million in annual revenue from legal mobile sports bets in … Read more