Betfred USA Sports is becoming an emerging player domestically as its newest online sportsbook launched Wednesday in Pennsylvania just in time for the NBA season tip-off and college football and NFL playoffs. Based in the UK, Betfred has been a standard-bearer since its founding in 1967 by Fred Done using […]
Business and Commerce
Table Tennis Anyone? Colorado Bettors Set Another Handle Record in November as Ping Pong Stays Hot
Colorado set yet another online sports betting record in November as parlays and table tennis continued their reign in the Rockies. According to the Colorado Division of Gaming, the state took in just over $231 million in handle with both brick-and-mortar and online sports betting combined, up 9.7% from October’s […]
NBA Joins NFL in Decision to Wait Their Turn for COVID-19 Vaccine
The NBA gave its franchises and individuals a warning Christmas Eve that nobody in the league could cut in line for the first round of COVID-19 vaccines. In a memo released Thursday afternoon, the league made official their position on the FDA-approved Pfizer and Moderna vaccines, which started to be […]
Tennessee Shatters Online Sports Gambling Record in First Month of Operation
Tennessee jumped on the online sports gambling rally this fall, generating just over $131 million in its first full month of operation. The Volunteer State demolished Indiana’s opening month record of $35 million set in September 2019. November numbers released Wednesday from The Tennessee Education Lottery show the state also […]
Shoes News: Nike Crushes Earnings, UA Pins Recovery on Curry Brand
Nike beat earnings expectations for the quarter ended Nov. 30. The athletic apparel company was able to boost revenues by 9%, even in the midst of the pandemic. Meanwhile, Under Armour is hoping its new “Curry Brand” will guide it back toward growth. Predictably, most retail companies have struggled this […]
The NFL’s Future is Streaming: You Can Watch it Unfold with Amazon’s ‘NFL Holiday Blitz’
With NFL broadcast contracts coming to fruition for all three legacy networks at the end of next year, an emerging player is already setting the stage for what may be a once-in-a-generation shift in how we watch football. You can see the beginning of what that change looks like this […]
Betting on Barkley: FanDuel Announces Multiyear Partnership with Sir Charles
Fans know Charles Barkley as an NBA legend, not to mention an outstanding analyst and personality on the “NBA on TNT” broadcasts. It is also well known that Barkley enjoys high-stakes gambling, perhaps even a bit more than he should. Considering both of those personas, FanDuel decided it found the […]
BetMGM Goes Live in Pennsylvania, Just in Time for College Football Championship Weekend
BetMGM has had a busy fall in Pennsylvania, and they’re (literally) just getting started. Since Thanksgiving week, the online sports betting operator has signed a multi-year partnership with the Pittsburgh Steelers, fast-tracked their approval process, and launched their sports betting app a couple of weeks ahead of schedule in the […]
Relaxed Registration Rules Push Illinois Handle to New Heights in October
The Illinois Gaming Board released its October numbers on Thursday, reporting more than $435 million in handle—a single-month record in the state’s fourth full month of operations. More than 94% of the reported October handle was wagered online, according to the IGC. Online sports gambling operators shattered September’s record of […]
What Wall Street Thinks About Gretzky’s $1.29M Rookie Card Record
Wayne Gretzky’s O-Pee-Chee rookie card recently sold for $1.29 million, setting a new record for collectible hockey cards. Sports memorabilia collectors have come to expect record-breaking sales in 2020, but this year’s collectibles market is so hot, even Wall Street is starting to notice. There have been a number of […]
Ascot CEO Sees Social Distancing, Close Financial Troubles for Track
The chief executive of Ascot, Britain’s most popular racetrack, said he expects more financial pain from the global COVID-19 pandemic, and that he doesn’t expect a return to normalcy until 2022. Guy Henderson, Ascot’s CEO, said he anticipates a “significant pre-tax loss in 2021†as one-time pandemic insurance payments cease, […]
Revamped Dallas Stadium to Become Home of USA Cricket
Major League Cricket has permission to redevelop a former independent league baseball stadium near Dallas, making way for the second cricket stadium in the US. Once converted, the former AirHogs Stadium will become the home of USA Cricket, the governing body of cricket in the United States. The renovated stadium […]
Baseball’s New Minor Leagues Won’t Offset Team Cuts
MLB announced the addition of three new minor leagues in 2021. But, the two new college leagues and a new independent league won’t be enough to offset the more than 40 teams the MLB eliminated last year. MLB officially invited only120 of its existing 162 professional minor league teams to join […]
Disney Goes All-In With Caesars, DraftKings, and SEC Deal in Effort to Save ESPN
Last week, Disney officials announced several initiatives that will pivot the media behemoth toward a future focused on online sports gambling. At its Investor Day last Thursday, Disney executives highlighted ESPN’s multi-year partnership with Caesars Entertainment signed in September. The deal includes link integrations from ESPN’s digital platforms to William […]
Online Sports Gambling Gold Rush in Michigan: 15 Operators Ready To Launch By Mid-January
Michigan Gaming Control Board (MCGB) executive director Richard Kalm wasn’t messing around last week when he said, “I’ve been issuing licenses daily,†as his agency confirmed Thursday. It has given provisional licenses to 15 online gambling platforms. Fifteen is a record number of operators for a single state on opening […]
Sheldon Adelson is Pushing for Sands Casinos in Texas
When the Texas Legislature kicks off its January session, it will be greeted by a bevy of top-notch casino lobbyists. Sheldon Adelson is sending his best and brightest to the Lone Star State, with the goal to legalize gambling. Texas has been a gambling holdout. But the pandemic’s toll on […]
Gulfstream Park Considering Going the Synthetic Track Course
Gulfstream Park officials are considering adding a synthetic Tapeta track to its dirt and turf courses, a move that would make the Florida track the first racecourse in North America to offer three different surfaces: dirt, turf, and synthetic. Aidan Butler, The Stronach Group’s COO, told Thoroughbred Daily News they […]
FOX Looks to Ditch Thursday Night Football to Focus on Sundays and Sports Betting
FOX Corporation, which signed a five-year, $3.2 billion contract to broadcast “Thursday Night Football” two years ago, is looking to bounce out of that deal sooner than later. Since the contract was signed in December, 2018, FOX has had trouble finding an audience for “Thursday Night Football.” Those problems are […]
Instilled Regard Reinvents Himself Again, Retires to Stud
Instilled Regard, a horse who illustrated the upside of redefining himself, retired Tuesday, his owners OXO Equine LLC announced. And, according to OXO Equine, Instilled Regard already has his first date. That would be Blue Prize, the three-time Grade 1-winning Argentinian mare. She is currently in foal to Into Mischief, […]
DraftKings, Foxwoods Reach Deal as Lawmakers Promise Connecticut Sports Betting Push in 2021
Connecticut hasn’t legalized sports betting yet, despite several attempts by lawmakers. Even so, DraftKings and Foxwoods Resort Casino announced a deal on Monday that positions the two gaming powerhouses to take advantage if the state finally allows regulated sportsbooks to begin operating in 2021. The multi-channel deal between DraftKings and […]