October 23, 2021 Despite land-based casinos making nearly $8 million less than they did in July, Pennsylvania sports betting was able to bring in $580 million in August, which was the second highest total ever. Even though casinos in the state were down from the previous […]
A ssemblyman J. Gary Pretlow (D-89) is calling for New York to license all online sports betting applicants. The long-time proponent of betting in the state shared his comments on his Twitter account on Thursday. “New York received bids from a large number of well-qualified companies, and I think it would be a […]
M inneapolis-based SharpLink Gaming announced Tuesday that fantasy and sports game content provider SportsHub Games Network has integrated its C4 Sports Betting Conversion technology with its NFC High Stakes and Fanball Daily Fantasy Sports gaming websites. The technological solutions and experienced-based services company, which focuses on the U.S. online sports betting industry, developed […]
M SG Networks announced on Wednesday it is launching an expanded lineup of original sports betting programming. The expansive content push signifies the network’s continued foray into sports betting as it aims “to engage fans in a fun and informative way,” states a press release. The extended lineup will feature “Odds With Ends,” […]
M aryland’s Governor Larry Hogan issued a statement Thursday after the Maryland Lottery and Gaming Commission determined that two additional entities qualify for sports wagering licenses. The two properties now licensed to offer sports betting in the state are Hollywood Casino in Perryville and Oceans Downs Casino in Berlin. Hollywood Casino has partnered with […]
L egalized sports betting in Louisiana’s state licensed casinos could start November 1, as Ronnie Johns, head of the Louisiana Gaming Control Board said the first properties are close to getting their licenses. Also on Thursday, the regulator approved an application from FanDuel to join DraftKings as a fantasy sports gambling operator, and […]
F anDuel co-founder and former CEO Nigel Eccles is returning to the sports betting industry via a new business venture called BetDEX Labs. It is billed as “the world’s first decentralized sports betting exchange.” The platform is co-founded by Eccles and former FanDuel senior engineers Varun Sudhakar (CEO) and Stuart Tonner (CTO). It […]
If you thought that the proposed 50% tax rate for New York mobile sports betting was too high, then brace yourselves. The State Gaming Commission has just confirmed that the new and improved tax rate will be no less than 64%… the highest in the nation. The operators who applied for licenses to provide mobile […]
N uvei Corporation announced on Wednesday that its wholly-owned subsidiary has been granted an online gaming service provider vendor registration in Connecticut. The registration was approved by the Connecticut Board of Consumer Protection and allows Nuvei to support sports betting and iGaming operators within the state. Online sports betting was legalized in Connecticut […]
D raftKings-backed venture capital firm Drive by Draftkings announced on Thursday that it has raised its first venture fund of $60 million, to be invested in sports tech and entertainment companies and to support “entrepreneurs advancing the future of play and performance.” Raised in just six months, the fund is oversubscribed by 20%. […]