Oaklawn Park officials said Wednesday they plan on admitting limited spectators inside the gates for their 2021 meet, keeping in line with an Arkansas Department of Health directive allowing the move. The 57-day Oaklawn meet begins Jan. 22 and runs through May 1. Last year, Oaklawn was one of only […]
Business and Commerce
As Other Northeast States Set Sports Gambling Records, Massachusetts is Left in the Cold
In the midst of budget shortfalls and pandemic-fueled rollbacks in services, Massachusetts lawmakers decided to eliminate sports gambling from an economic development bill sent to the governor’s desk on Wednesday. The question remains, will sports gambling legislation have a resurgence and become legal there at any point in 2021? The […]
Bally’s in Rapid Expansion Mode, Announces ‘Mini-Casino’ Project in Pennsylvania as Lockdown Lifts
Bally’s Corporation this week picked up where it left off late last year as a young company attempting to grow quickly. Only this time, instead of increasing its digital and media footprint, Bally’s is going the brick-and-mortar route. Monday, Bally’s announced plans to build a mini-casino in Pennsylvania just as […]
CDI Bets You’ll Like Rebranded TwinSpires More Than BetAmerica
Seeking a single-brand strategy for its sports wagering and online platforms, Churchill Downs Inc. announced Tuesday it will discontinue using its BetAmerica brand. Instead, it moves that segment of its business to its familiar TwinSpires brand. According to a release announcing the move, the transition begins later this month, when […]
ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’
With tech giants like Amazon emerging as players in NFL broadcasting, ESPN is staking its reputation on streaming this weekend with its first-ever NFL “MegaCast.†The idea is to broadcast the Ravens vs. Titans wild-card game at 1:O5 p.m. ET across six Disney-owned networks with different viewer experiences on each. […]
Rhode Island Online Sports Betting Revenues Boosted by Relaxed Registration
The Rhode Island Lottery reported a strong end to the year with online sportsbooks and the state setting revenue records in November. In total, online sportsbooks won $6.3 million during 2020’s penultimate month, some 43% higher than the previous record of $4.4 million set in October. The take from sportsbooks […]
Disney Bets on ESPN Plus Subscribers Paying More for UFC Pay-Per-View
UFC regulars will pay more to watch premiere fights starting Friday, as ESPN Plus will up its pay-per-view rates on select matches. The price increase coincides with parent company Disney’s focus on streaming services and partnerships with sports betting operations. ESPN’s streaming service is the exclusive broadcast home of the […]
Entain Shares Soar as British Gambling Giant Rejects MGM’s $11 Billion Takeover Bid
Betting giant Entain, the Isle of Man-headquartered parent company of Ladbrokes, rejected an £8.1 billion ($11b) buyout offer from US partner MGM Resorts Monday, sparking a rally in its stock as MGM shares took a dip. Entain officials said the offer from MGM, owner of several high-end resorts and casinos […]
Here’s Where You Can Buy a $50,000 Box of Basketball Cards Tomorrow
What could you do with $50,000? Buy a nice sedan? Put a healthy down payment on your forever home? Maybe go on the blowout vacation of a lifetime across the globe? Or, you can use it to buy a box of basketball cards. Panini Eminence Starts at $5,000 Per Card […]
MGM and Digital Media Giant IAC Team Up to Acquire Ladbrokes’ Parent Company
MGM Resorts International, the parent company of BetMGM, is looking to start the new year big as it’s reportedly on the cusp of acquiring Entain, the parent of one of the biggest and oldest sportsbooks in the world, London-based Ladbrokes. With the backing of billionaire Barry Diller’s IAC Group, Entain, […]
Despite Topsy-Turvy Year, Horseracing’s 2020 Handle Falls Only 1.3%
Tracks closed, spectators were absent, and schedules were changed beyond recognition. Yet, amid a year unlike any other in Thoroughbred racing, the total 2020 US handle dipped only 1.3% from its 2019 totals. What was remarkable about that modest dip — from $10.871 billion in 2019 to $10.727 billion in […]
Four Online Sports Gambling Startups to Watch in 2021
The online gambling world took away a lot of lessons last year. Big mergers happened in 2020 and will continue to happen this year as corporations keep pushing for monolithic hegemony. In the US, states will continue to regulate and open for business to become the next New Jersey, Pennsylvania, […]
Iowa Online Sports Betting Gets in the Game New Year’s Day as In-Person Registration Restriction Expires
Iowa was the first to legalize and spin up online sports gambling in the Midwest, but after almost a year and a half, the Hawkeye State is finally poised for exponential growth starting New Year’s Day. Online sports betting went live in Iowa in August 2019, well before neighboring states […]
Reebok For Sale: Can Master P and Baron Davis Save the Iconic Brand?
After 15 years, Adidas is throwing in the towel and putting Reebok up for sale. Hip-hop entrepreneur Perry “Master P” Miller and former NBA star Baron Davis think they can turn the iconic company around. Success won’t be a slam dunk, however, given Reebok’s hefty $2.4 billion price tag. Reebok […]
Into Mischief Takes Top Stallion Honors for Second Consecutive Year
That Into Mischief became North America’s leading stallion for the second consecutive year is borne out by facts that carry weight, heft and meaning beyond the breeding shed. Yes, there’s the $225,000 stud fee he commands. That hasn’t stopped would-be filly and mare owners from beating a path to his […]
Tiz the Law Prematurely Retired After Injury During Workout
Reigning Belmont Stakes and Travers Stakes winner Tiz the Law was retired to stud Wednesday, ending one of 2020’s most storied campaigns due to a veterinarian’s diagnosis. That diagnosis revealed bone bruises to his front leg bone. Those bruises were discovered when assistant trainer Robin Smullen noticed Tiz the Law […]
NBA Reveals Expansion Teams Likely: Seattle and Vegas Rumored
Expansion would allow the NBA to pocket billions of dollars that it won’t have to share with players. That’s a tempting option for the cash-strapped league. It’s so tempting, in fact, that NBA Commissioner Adam Silver has changed his tune about keeping the league’s team count at 30. The NBA […]
Pennsylvania Becomes First State to Deliver Self-Restricting Tools for Online Bettors
The Pennsylvania Gaming Control Board and Vancouver, BC-based GeoComply announced Monday that bettors in the Keystone State will be the first in the US to have access to a feature called PlayPause, a self-exclusion tool for online gamblers. GeoComply, a tech company that provides secure geolocation services, created a nonprofit […]
Dubai World Cup Keeps $12 Million Purse, Slices Undercard Purses
The Dubai World Cup announced this weekend it will retain its US$12 million purse for 2021, while, at the same time, cutting $8.5 million from its undercard purses. This keeps the March 27 Dubai World Cup as one of the richest races in the world. The late March event was […]
Caesars Entertainment Acquires Colombian Online Betting Operator Alfabet with Eye on Latin American Expansion
UK sportsbook William Hill, acquired by Caesars Entertainment in September for $2.9 billion, announced Sunday that it picked up a majority stake of Columbia-based Alfabet SAS—an online casino and sports gambling operation run under the BetAlfa name. Alfabet and BetAlfa are relatively new players on the scene, having been in […]