New Jersey is the first state to break $1 billion in sports betting revenue. All of the top 10 monthly sports betting handles belong to New Jersey. It is the third highest grossing sports betting market in the world. LAS VEGAS – New Jersey is … Read more
The U.S. saw major growth in legal sports betting in 2020. Other markets such as the UK, Australia, and Mexico have long-established regulated sports betting. The US holds up against these long-standing markets with only half the country having legalized sportsbooks. ATLANTIC CITY, N.J. – … Read more
5Dimes sportsbook has launched in the regulated sports betting market of Isle of Man. The sportsbook has been shut down since September of 2020 due to legal issues. The product is still unavailable in the United States. DOUGLAS, Isle of Man – Sports bettors in … Read more
BetMGM and The Athletic will come together in a new deal that will see them create “The Athletic Betting Hub” an all-inclusive news and sports betting information platform. This partnership is expected to bring the two companies more action in the form of readers and … Read more
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
Former Vice President Joe Biden (-180) is the favorite to win the 2020 Presidential Election but most bettors are wagering on President Donald Trump (+160) to win re-election. Every 1 in 4 bets has been placed on Biden to win with the other three being … Read more
Fantasy Sports Interactive will provide daily fantasy sports to Scientific Games. Through this, partners of Scientific Games will be able to offer daily fantasy sports. LAS VEGAS – Fantasy Sports Interactive (FSI) has announced that they are now in a new partnership with Scientific Games. … Read more
DraftKings appears primed for continued growth despite the disruptions caused by the ongoing Coronavirus pandemic. In 2020 and 2021, the company is focusing on expanding its live betting options and its consumers’ awareness of live betting. The company has also begun exploring an acquisition of … Read more
Flutter and The Stars Group will go through with a planned merger on Tuesday, May 5, 2020. The two companies own major gambling and sports betting products like FanDuel, Betfair, FOX Bet, and PokerStars. The newly merged company will split operations into four geographically based … Read more
IGT implements furlough to implement temporary furlough in response to the coronavirus pandemic. In all US markets, the technology company will send employees home for eight weeks. The furlough will begin on April 6. UNITED KINGDOM – International Gaming Technology PLC (IGT) has announced the … Read more
Changing industry standards have caused stock prices for European gaming affiliates to plummet. Top betting affiliates in the UK saw their share price drop by 70% from 2018 to 2020. The American sports betting market has seen little effect so far, but that could change. … Read more
Midnite is a U.K-based sports betting platform. The Makers Fund has given Midnite over $2.5 million to fund its platform. Midnite believes that esports betting will bring in completely new customers. LONDON – Midnite is a new esports betting platform based in London and the … Read more