Promotional Spending Pays Early Dividends For NY Sportsbooks

Caesars New York Mobile Betting

Caesars Sportsbook staked their claim as New York’s mobile sportsbook market leader shortly after launch, largely as a result of unprecedented promotional spending. While this promotional spending allowed Caesars to capture a large sector of market share, a new report indicates that high promotional spending may be a death sentence for the market. ALBANY, N.Y.…

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NY Regulated Mobile Sports Betting Market Live On Saturday

New York Online Sportsbook

The regulated NY mobile sports betting market will launch on Saturday. Only four of the nine mobile sportsbooks will go live at first. Better Collective has signed partnership deals with three sportsbooks. ALBANY, N.Y. – In an unexpected turn of events, New York is launching a regulated mobile sports market far earlier than expected. New…

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Seminole Hard Rock Sportsbook App Suspends Operations

Florida Sportsbook Closed

The Seminole Tribe has suspended all operations for their Hard Rock Sportsbook app in the state of Florida. The suspension comes after the U.S. District Court ruled that the updated Florida-Seminole Gaming Compact violates the IGRA and is therefore void. TALLAHASSEE, Fla. – After operating for just over a month in the state of Florida,…

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DraftKings Attempts Expansion Into Nevada, Massachusetts

FanDuel - DraftKings - Las Vegas

DraftKings and FanDuel have submitted applications for licenses to operate in Nevada. The DraftKings application was submitted over a year ago, and has yet to be approved. DraftKings formed a partnership with TD Garden and Bruins to operate Daily Fantasy Sports. LAS VEGAS – Popular sports betting companies DraftKings and FanDuel are making moves to…

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IGT Sports Betting Operation Goes Independent, May Go Public

IGT Casino - Sportsbook

International Gaming Technology PLC (IGT) recently announced plans to separate its sports betting business as a standalone operation. The Digital & Betting business entity will be available independent from IGT and could potentially go public after a year of operation. LONDON – During an investor day event, International Gaming Technology PLC (IGT) announced plans to…

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Florida Horse Racetracks Move To Launch Retail Sportsbooks

Florida Sportsbook

Local Florida Pari-Mutuel racetracks are negotiating with the Florida Seminole Tribe to launch retail sportsbooks at their venues. Florida can launch retail sportsbooks after October 15. There are multiple lawsuits surrounding the Florida sports betting compacts. TALLAHASSEE, Fla. – The Florida sports betting market is gearing up for an October 15 launch and local horse…

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DraftKings Outperforms Competitors In Indiana For August Handle

Indiana Sportsbook

The Indiana Gaming Commission’s (IGC) sports betting report shows DraftKings collected the most handle in August with $74.2 million. FanDuel on the other hand, boasted $52.6 million for wagers taken in August. FanDuel was able to generate more revenue than DraftKings despite having a smaller handle because they had fewer winners for the month. INDIANAPOLIS…

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Arizona Grants Four Sports Betting Licenses Ahead Of NFL Season

Arizona Sports Betting

Arizona lawmakers have issued out four sports betting licenses to operators. BetMGM, DraftKings, FanDuel, and Penn National are now licensed sportsbooks in Arizona. These operators will go live ahead of the NFL season so residents can wager on the NFL with the use of their platforms. PHOENIX – Arizona sports betting is progressing nicely as…

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FanDuel Partners With Kentucky Downs Via TVG

FanDuel - Kentucky Downs

Races at Kentucky Downs will now air on the TVG network, with few exceptions. FanDuel also gained the name rights to the newly christened FanDuel Meet at Kentucky Downs. FRANKLIN, Ky. – FanDuel has become a title partner of the Kentucky Downs Meet, which will now be named the FanDuel Meet at Kentucky Downs. FanDuel,…

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