Business
August 9, 2021
Sport Betting in Florida Silently Clears a Major Hurdle, but Trouble Remains
In spite of multiple attempts to derail the effort, Florida’s legalized sports betting market is now only inches from the finish line. The federal government’s Bureau of Indian Affairs (BIA) had 45 days to approve the state’s gaming compact with the Seminole Tribe of Florida and has allowed that window to close with no response. […]
Sports
August 6, 2021
House Lawmakers in Massachusetts Vote in Favor of Legalizing Sports Betting
On Thursday, Massachusetts lawmakers in the House of Representatives voted in favor of legalizing sports betting. The support was overwhelmingly high and, as they pointed out, this is a home run for the state. Representative Jerry Parisella D-Beverly stated that legalizing betting on sports is a big boom for the Commonwealth and an overall boost […]
Business
August 6, 2021
Illinois the Quickest in US History to Reach $5 Billion Sports Betting Handle
Sports betting in Illinois took $476.5 million in June, which is the lowest it’s been since December 2020. However, the state still managed to break the $5-billion mark faster than any other state to date. Sports Betting Handle in Illinois Slumps but Revenue Increases In June, sport wagering in Illinois dropped below $500 million for […]
Business
August 6, 2021
DraftKings Could be Coming to the Chicago Cubs and Wrigley Field
A visit to the iconic Wrigley Field in Chicago, IL, could be very different in the future. The field is home to the Chicago Cubs, who teamed up with DraftKings last year, and the idea since then has been to have a massive sportsbook at the stadium. That dream moved closer to reality this week […]
Business
August 6, 2021
Peer-to-Peer Sports Betting Platform ZenSports Moves into Nevada
First, there were straight bets on sports – moneylines, spreads, etc. Then came parlay bets, adding some new excitement to the market. As sports betting continues to evolve, increased exposure to peer-to-peer betting platforms is being found, an indication of the continued evolution of the industry. ZenSports isn’t the only one getting involved, but it […]
Business
August 5, 2021
DraftKings and Genius Sports Sign New Supplier Agreement
Leading sports betting and gaming operator DraftKings signed a new supplier agreement with sports betting data and content provider Genius Sports to take advantage of its full range of official data and fan engagement solutions, including the complete suite of products related to the NFL. Immersive Customer Experience The agreement signifying the importance of official […]
Business
August 5, 2021
Penn National Gaming Set for $2bn theScore Acquisition
Penn National Gaming revealed today it entered into a definitive agreement for the acquisition of Score Media and Gaming in a cash plus stock deal worth approximately $2 billion. 50% Cash, 50% Common Stock Penn announced the agreement for the acquisition of theScore, a leading digital media, sports betting, and technology company, values each theScore share at $17.00 in cash plus 0.2398 shares […]
Business
August 4, 2021
Betcha Teams with FantasyGuru in Content Partnership Deal
Daily fantasy and sports gaming technology platform Betcha entered into a co-exclusive content partnership deal with FantasyGuru, a leading fantasy sports information provider, which owns a trio of websites. ‘Win-Win for Customers’ The content agreement reached between the operator of FantasyGuru.com, EliteFantasy.com, and EliteSportsData.com and Betcha comes with a match-up bonus of up to $100 […]
Business
August 4, 2021
Sports Betting Kiosks in DC Prove to Be a Smashing Success
A new program released by the D.C. Lottery has proven to be a good success. The retail program, which was released at the end of July, allows residents of legal age to place bets on sports at four sports bars by using a self-service kiosk. The four bars included in the initial pilot are Takoma […]
Sports
August 4, 2021
North Carolina Sports Betting Bill Finally Back in Action
It’s been slow going for a sports betting bill in North Carolina, but things usually move a little slower in the Tar Heel State. However, it seems that Senate Bill 688 is now being given new life and will start to move forward again, possibly this week. North Carolinians still shouldn’t expect a lot of […]