Sports Betting
FanDuel IPO Delayed Amidst Multiple Controversies
FanDuel was prepared to launch an IPO, but those plans have changed. The proposed IPO will be delayed amidst the departure of CEO Matt King. FanDuel is currently involved in a court case with Fox Corporation regarding the price of a stake in the company. LAS VEGAS – FanDuel, one of the largest sports betting…
Read MoreMaryland Casinos Reporting Higher Figures Than Pre-Pandemic
Casinos in Maryland have been steadily growing, and are now reporting numbers higher than that of before the worldwide pandemic. Maryland’s six casinos reported a total of $161.5 million in June, up over 13% from June of 2019. ANNAPOLIS, Md. – It appears that casino gambling in the state of Maryland is returning to normal…
Read MoreIllinois Sees Sports Betting Handle And Revenue Dip In May
Sportsbooks in Illinois saw $507.3 million wagered on sports in May. This is a 5.6% decline month over month. Sports betting revenue is also down a whopping 17%. SPRINGFIELD, Ill. – Sportsbooks in Illinois saw a slight decline in sports betting activity in May compared to April’s strong numbers. Sports betting revenue is also down…
Read MoreEngland Becomes Betting Favorite To Win 2020 Euros
England is now the +185 betting favorite to win the 2020 Euros. Spain has the next shortest odds at +300 with Italy close behind at +400. Belgium (+700) is the only other team with odds short of +1000. LONDON – After a thrilling win over Germany, England is now the odds-on favorite to win the…
Read MoreCan California Work Its Way Into A Sports Betting Industry?
California’s tribes have managed to get a sports betting initiative on the 2022 ballot. The initiative would legalize sports betting at tribal locations in California. California has the largest population of any US state. SACRAMENTO, Calif. – California’s tribes have taken the legalization of sports betting in the state into their own hands. With many…
Read MoreArizona Finalizes Sports Betting Comments, Preps NFL Launch
The Arizona Department of Gaming (ADG) has stated they are aiming to launch the market on September 9, 2021. The aim is to have the market up and running ahead of the 2021 NFL season. The final time to submit comments on the posted rules is June 21 by 11:59 PM. PHOENIX – Sports betting…
Read MoreThe Royal Ascot In England – What Is It? How To Bet?
The Royal Ascot is a five-day horse racing event held in England with a total of over $7 million in purse money. Thursday’s biggest races are the Gold Cup and Ribblesdale Stakes. ASCOT, England – Britain’s biggest series of horse racing is underway and will continue to run into the weekend. Essentially, it’s England’s version…
Read MoreRhode Island, IGT Lock In 20 Year Gambling Extension
Rhode Island gambling will continue to be done for the next 20 years using IGT as their operator. Gambling in the Ocean State is the third-largest source of revenue. The Marc A Crisafulli Economic Development Act will provide 1,100 more jobs in the state with IGT and bring in at least $250 million. PROVIDENCE, R.I.…
Read MoreIGT Officially Enters The North Dakota Sports Betting Market
IGT and their platform have become the official sportsbook of the Dakota Magic Casino and Hotel. Their PlaySports product will be featured at the establishment for wagering on sporting events. The facility hopes to go live with sports betting by the 2021 NFL season. HANKINSON, N.D. – On Thursday, it was announced that IGT and…
Read MoreConstruction For DraftKings At Casino Queen Sportsbook Underway
DraftKings at Casino Queen is adding a 30,000 sq. ft sportsbook to its property that is presently only 8,000 sq. ft. This expansion is costing the owners $10 million to construct and will take about six months to complete. Until it’s officially done, sports bettors can use the DraftKings mobile sportsbook app to place all…
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