TwinSpires is shutting down its online sports betting and casino gaming. TwinSpires online sports betting was live in seven states. The company saw -$1.6 million in adjusted gross receipts in three of four states that numbers are reported. DETROIT – TwinSpires is predominantly known as … Read more
Bovada online sportsbook has announced that they will be pulling out of the New York market. New York has listed mobile betting as a potential revenue stream on their 2022 FY Budget which may have caused this move. NEW YORK— Online New York sports bettors … Read more
Casino games and games of chance were approved by voters on their November 2020 ballot. The latest bill passed through the General Affairs committee would limit sports betting to racetracks and retail establishments with casino games. Governor Pete Ricketts has long opposed Nebraska sports betting … Read more
BetMGM is the third online sportsbook in Virginia to launch within just one week of the first platform launching. Remote registration is allowed for online sportsbooks in Virginia. MGM Resorts has previously partnered with the Washington Nationals for an in-stadium sportsbook. RICHMOND, Va. – BetMGM … Read more
FanDuel will be the first online sportsbook to launch in Virginia if their announcement remains true. Remote registration is possible for online sportsbooks in Virginia. There have been a total of 25 applicants for a VA sports betting license but only 12 can launch at … Read more
New York Governor Andrew Cuomo wants mobile sports betting to be run through the state, just like the lottery system. Cuomo believes that mobile sports betting could bring New York $500 million in tax revenue. The New York Senate Committee on Racing, Gaming, and Wagering … Read more
Seventeen lawmakers are backing up a new Connecticut sports betting bill. Online sports betting in CT would be available via the two tribal casinos in the state. HARTFORD, Ct. — Sports betting in Connecticut could finally be getting its rules in place after over three … Read more
FuboTV’s acquisition is expected to close by the end of the first quarter of 2021. Vigtory is licensed to operate in Iowa, but FuboTV is looking to expand into further markets in the future. The streaming service expects to have launched an integrated online sportsbook … Read more
MGM Resorts has added $1 billion more to their declined $11.1 billion offer last week to buy out Entain. The two companies own BetMGM Sportsbook which is the reason MGM Resorts is trying to acquire Entain. IAC, the biggest stakeholder for MGM Resorts, is putting … Read more
The sports betting market suffered early in 2020 due to the global coronavirus pandemic shutting down major sports from playing. Online sports betting grew in popularity with people being forced to stay home. Multiple sporting leagues running simultaneously led to increases in sports betting revenue. … Read more
BetFred launched their online sportsbook in Pennsylvania. This was done only a month after opening a retail sportsbook in Wind Creek Hospitality. BETHLEHEM, Pa. – Betfred USA Sports have expanded their reach in the Pennsylvania sports betting market by launching their online sportsbook. Pennsylvania sports … Read more
Major sports and TV streaming platform fuboTV has acquired Balto Sports, signaling a move into the sports betting world for the company. Balto Sports develops tools for fantasy sports software, suggesting that fuboTV will foray into the sports betting market in joint with their expanding … Read more
