Posts Tagged ‘FanDuel’
Promotional Spending Pays Early Dividends For NY Sportsbooks
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.…
Read MoreNY Regulated Mobile Sports Betting Market Live On Saturday
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…
Read MoreNY Sports Betting Apps Expected 3 Weeks Before Super Bowl 56
New York’s mobile sports betting is expected to launch the second or third week of January, according to New York State senator Joe Addabbo Jr. Addabbo says that most of the nine licensed sportsbooks will be ready to launch at that time, though some may launch with a slight delay. ALBANY, N.Y. – New York…
Read MoreSeminole Hard Rock Sportsbook App Suspends Operations
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,…
Read MoreDraftKings Attempts Expansion Into Nevada, Massachusetts
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…
Read MoreIGT Sports Betting Operation Goes Independent, May Go Public
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…
Read MoreFlorida Horse Racetracks Move To Launch Retail Sportsbooks
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…
Read MoreDraftKings Outperforms Competitors In Indiana For August Handle
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…
Read MoreArizona Grants Four Sports Betting Licenses Ahead Of NFL Season
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…
Read MoreFanDuel Partners With Kentucky Downs Via TVG
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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