LSB Feature: How Legal Sports Betting Raises Companies Value

Legal Sports Betting

FuboTV’s stock price went up by 35% just by announcing their intent to launch a sportsbook in 2021. DraftKings, Penn National Gaming, and MGM Resorts have all seen growth on the stock market as a result of their sports betting efforts. Many companies see positive … Read more

FuboTV Seeks To Launch Sportsbook In 2021 After Acquiring Vigtory

FuboTV

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

Sportradar Expands In U.S. With Online & Retail Sportsbook Deals

Pearl River Resort

Sportradar finalized a partnership with both Pearl River Resort and Vigtory Sportsbook. Vigtory sportsbook will now have access to Sportradar’s odds and data and more before its launch in the US market. Pearl River Resort has access to live betting service and products for its … Read more

The First Lacrosse Sports Betting Deal Has Been Established

National Lacrosse League

The deal is between the National Lacrosse League and MGM Resorts. BetMGM will have various branding options at NLL Games. The NLL will receive weekly betting lines produced by BetMGM. PHILADELPHIA – The National Lacrosse League (NLL) struck a sports betting deal with MGM Resorts … Read more

Sports Betting Predicted To Be A $7 Billion Industry By 2025

Mobile Sports Betting Growth

Key investors and sports betting companies met for a sports betting summit. Nearly all in attendance agreed that sports betting is a growing market in the US. Investors and companies predict that 36 states will legalize sports betting by 2025. NEW YORK – At the … Read more

Sports Betting Market To Reach $8B by 2025? MGM Bets the Over

MGM Resorts

Investment firm Morgan Stanley estimates that the U.S. sports betting market will reach between $7 billion to $8 billion by 2025. MGM Resorts currently only has an online sportsbook in New Jersey and Nevada. Commercial casinos in the U.S. netted $41.7 billion in 2018. NEW … Read more