DraftKings Shows Financial Growth With The Release Of Q3 Report

DraftKings Stock

DraftKings has increased its year-on-year revenue growth by almost 100% for its third quarter their reports show. The sports betting company attributes this tremendous increase to many different factors, one of which being that they are now live in ten states with a mobile platform. … Read more

VA Lottery Flooded With Sports Betting Applicants, Must Choose 12

Virginia Lottery - Sportsbooks

The Virginia Lottery received 25 applications from various sportsbook operators to open up businesses in the Commonwealth but can only give out 12 licenses by law. The legal sports betting market in Virginia is expected to launch in 2021. Sports wagering in the Old Dominion … Read more

LegalSportsBetting Brief: Sports Betting Legalization 11/10/2020

Gavel - Sports Betting Board

Ohio still has a chance to make sports betting legal before the end of 2020. South Dakota, Maryland, and Louisiana have all voted in favor of legal sports wagering markets through the November 3 vote. Canada is seeking to legalize single-game sports betting on a … Read more

ACC Basketball Schedule Releases: ACC Odds For National Championship

ACC College Basketball

Virginia has the shortest odds in the ACC to win the National Championship. Duke has +1600 odds to win the championship. Florida State has +2500 odds to win the title. CHARLOTTE – The ACC Men’s Basketball schedule was released Tuesday morning and it includes a … Read more

Wynn Resorts Invests In Sports Betting With $80M BetBull Deal

Wynn Resorts - BetBull

Wynn Interactive cost Wynn Resorts $80 million as they merged with BetBull to form the mobile and internet sportsbook. The sports betting platform has already gone live in the New Jersey market as of August. LAS VEGAS – A partnership deal that started in October … Read more

How Legal Sports Betting Fared On The SD, VA, LA, MD Ballot

Voting Booths

In Virginia, all cities with casino gambling on their ballot approved of the measure. This could bring land-based sportsbooks to those areas. Question 2 which would legalize sports betting in Maryland, has passed. Voters in South Dakota will likely pass Amendment B which will legalize … Read more

NASCAR Partners With Wynn Resorts In Sports Betting Deal

Wynn Resorts - NASCAR

NASCAR and WynnBET have signed a multi-year deal that features the company as an authorized gaming operator for NASCAR. WynnBET will be using its innovative sports betting products to help create and promote NASCAR betting. WynnBET has also submitted an application to become a legal … Read more

Virginia Will Now Be Accepting Sportsbook Applications

Virginia Lottery Vendor Opportunities

Virginians are expected to see online and mobile sports betting platforms in January of 2021. The Virginia Lottery Board will be accepting applications from now until Halloween for all of those involved in the sports wagering industry interested in applying. RICHMOND, Va. – After various … Read more

ZenSports Works To Expand In US Market After Investment Round

ZenSports - Las Vegas

ZenSports has received $1.4 million in seed funding after a round of investing and now looks to bring its platform to the US The company is now focused on getting its gaming license approved in Nevada and gearing up to buy casinos and operate sportsbooks … Read more

Framework For Virginia Sports Betting Regulations Approved

Virginia Lottery - Sports Fans

The Commonwealth of Virginia will have a legal sports betting industry launch come January 2021. After voting on the final rules and regulations for the market, the Virginia Lottery will begin accepting sportsbook applications in October. The state has twelve mobile sports betting licenses available, … Read more

Sports Betting Rules Go To Vote By Virginia Lottery On Tuesday

Virginia Lottery - Sports Betting

Virginia will be able to see a legal sports betting industry launch as early as mid-January 2021, just in time for the NFL playoffs and the Super Bowl. The Virginia Lottery has a month to finalize the rules and regulations for the sports wagering market … Read more

Draft Of Virginia Sports Betting Rules Have Sportsbooks Firing Back

DraftKings - FanDuel

The Virginia Lottery has released its draft of sports betting rules and regulations and sportsbooks are displeased. Once the launch of the sports wagering industry takes place, the Commonwealth expects to see $55 million in annual revenue from the market. RICHMOND, Va. – Virginia sports … Read more