Business
March 10, 2021
DraftKings Foresees $22 Billion in Handle in Fully Legal Online US Betting Market
The sports betting firm has improved its long-term financial projections after publishing strong 2020 results and due to heightened demand in online sports betting. EBITDA Expectations Up to $1.7 billion DraftKings has increased its long-term earnings before interest, tax, depreciation, and amortization (EBITDA) expectations from $1 billion to $1.7 billion. The forecast comes after the […]
Legal
March 10, 2021
Georgia Senate Passes Two Online Sports Betting Bills
SR 135 and SB 142 have cleared the Georgia Senate, which means that the state could see the legalization of online sports betting by 2023. Georgia Could See Legalization of Online Sports Betting Georgia is making decisive steps toward the legalization of online sports betting. However, the process will take longer than proponents had initially […]
Sports
March 10, 2021
Alabama Senate Rejects the Gambling Bill with 2 Votes Short
The Alabama Senate failed to pass bills proposed by Sen. Del Marsh that would have legalized various gambling activities in the state. The Senate Rejects Del Marsh’s Gambling Bill Sen. Del Marsh-backed gambling expansion bills came 2 votes short in the Alabama Senate on Tuesday with the vote ending 19-13, two votes short of the […]
Sports
March 10, 2021
Barstool Sportsbook Gets Illinois License, Launches on Thursday
Barstool Sportsbook will launch in Illinois on March 11 following approval by the state’s gaming control board. Penn National’s Barstool Sportsbook Launches in Illinois on Thursday Penn National Gaming’s Barstool Sportsbook is arriving in yet another market in the United States after the company confirmed on Tuesday that it had obtained permission from the Illinois Gaming Control Board to operate mobile […]
Legal
March 10, 2021
Texas Sees Bipartisan Legislation Push for Gambling Expansion
Voters in Texas are rallying to back gambling expansion in a state that is dominated by Republicans who oppose the matter. New bipartisan legislation is now coming forward to try and change that. Bipartisan Push for Gambling Expansion to Determine State Industry’s Future Texas is looking at regulating casino and sports betting gambling with two […]
Sports
March 10, 2021
PlayUp Arrives with Mobile and Online Betting in Colorado
Colorado welcomes Australian sportsbook PlayUp through a Bull Durham partnership. The sportsbook is launching both a mobile and online betting platform. Sports Betting in Colorado Grows with PlayUp Addition PlayUp has rolled out in Colorado, with the Australian bookmaker breaking fresh ground in the United States. Through a partnership with Bull Durham Casino in Blackhawk and the […]
Business
March 10, 2021
Bally’s Launches Richmond Casino-Resort Support Campaign
US gambling operator Bally’s Corporation has launched an awareness campaign for its $650 million casino resort in Richmond, Virginia. “Bally’s for RVA” Campaign Bally’s Corporation, a US provider of land-based casinos and gambling entertainment, rolled out Tuesday its “Bally’s for RVA” campaign to raise support for its proposed $650 million resort near Richmond, Virginia. The […]
Business
March 9, 2021
Scientific Games and Tennessee Education Lottery Extend Deal
Gaming industry technology supplier Scientific Games announced today a 5-year extension to its deal with the Tennessee Education Lottery Corporation, to continue to provide the lottery with a number of products and services. Successful Partnership Set to Continue The Tennessee Education Lottery Corporation will continue to drive funding for education in the state via the […]
Business
March 9, 2021
Blok Sports to Empower Betting Between Friends through Blockchain
Former SVP at FOX Network Groups has detailed his Blok Sports blockchain-based sports betting project that will offer to make up for the shortcomings of traditional sportsbooks. Mitchell Chun Sees Blok Sports as Better Future of Betting Blok Sports founder and CEO Mitchell Chun has vast experience in the world of sports and now sports betting. A former […]
Industry
March 9, 2021
Georgia Bill Allows Gift Cards for Coin-Operated Amusement Machines
House Bill 544 permits gift card payout for coin-operated amusement machines across Georgia. COAMs Will Provide Prize Gift Cards to Winners The new legislation will allow winners to receive gift cards from coin-operated amusement machines (COAMs). The bill proposed by Rep. Alan Powell, R-Hartwell, was passed yesterday. Policymakers are hoping to “clean up” the industry this way […]