FanDuel IPO Delayed Amidst Multiple Controversies

Flutter

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…

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Maryland Casinos Reporting Higher Figures Than Pre-Pandemic

Maryland Casino

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…

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Illinois Sees Sports Betting Handle And Revenue Dip In May

Illinois Sportsbook

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…

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England Becomes Betting Favorite To Win 2020 Euros

Britain - Euro 2020

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…

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Can California Work Its Way Into A Sports Betting Industry?

San Francisco, CA

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…

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The Royal Ascot In England – What Is It? How To Bet?

Royal Ascot Horse Race

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…

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Rhode Island, IGT Lock In 20 Year Gambling Extension

IGT - Bally

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.…

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IGT Officially Enters The North Dakota Sports Betting Market

Dakota Magic Casino and Hotel

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…

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