As analysts salivate at the prospect of legalized sports betting in Kansas, officials say the wagers may not begin until after football season kicks off. Kansas Racing and Gaming Commission Director Todd Allen recently said that the commission hasn’t set a “go-live date†yet. He noted that “a lot of […]
Denny Hamlin scored the checkered flag at Pocono Raceway on Sunday, only to get DQ’d after the post-race inspection. But the NASCAR Cup Series win didn’t go to second-place finisher Kyle Busch, because he also failed inspection. And that created a lot of confusion — and in some cases — […]
Last week, Endeavor lowered its bid for OpenBet to $800 million, down from its previous offer of $1.2 billion. The 33% price reduction comes in the midst of a stock market correction, which has pummeled sports betting securities. Last September, Endeavor agreed to buy OpenBet from Light & Wonder (formerly […]
The board of directors of the Illinois Horsemen’s Benevolent & Protective Association rejected its consent for Churchill Downs Incorporated’s TwinSpires advance-deposit wagering (ADW) betting platform to operate in the state of Illinois. Under Illinois law, horsemen get consent rights for an ADW platform to operate in the state. State law […]
DraftKings and FanDuel still don’t have licenses to operate in Nevada, but that’s not for lack of trying. Both sportsbook companies have submitted applications to the Nevada Gaming Control Board. Their applications, however, have been “pending” for a considerable amount of time. It seems strange that two of the biggest […]
CBS and NBC both reported a double-digit ratings increase for last week’s NFL games. Meanwhile, the NFL’s sportsbook partners treated viewers to roughly 100 ads. In related news, sports betting activity was at an all time high during the NFL’s opening week. Last season, NFL ratings slumped for the first time […]
Kentucky Downs and FanDuel announced a three-year partnership this week that will put the betting platform’s name on the track’s boutique late-summer meet. The six-day meet, which runs Sept. 5-6, 8-9, and 11-12, now goes by the name FanDuel Meet at Kentucky Downs. FanDuel is the parent company of the […]
Connecticut sports betting is coming into form, with the two biggest players in the American industry partnering with the state’s two Native American casinos. DraftKings will partner with Foxwoods Resort Casino and FanDuel will partner with Mohegan Sun to operate both brick-and-mortar and online sportsbooks. Industry leaders enter Connecticut sports […]
The wait is over for Michiganders as Richard Kalm, executive director of the Michigan Gaming Control Board (MGCB), said he expects the state to flip the switch for online sports betting within the next few days, and as soon as Tuesday night. Kalm noted Tuesday that final preparations in anticipation […]
In an about-face brought on by a projected $15 billion revenue shortfall, New York Gov. Andrew Cuomo is making swift legalization of online sports gambling in the state a centerpiece of his administration. Cuomo, formerly an opponent of online sports gambling in New York, hinted that the key to regaining […]
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 […]
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 […]
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, […]
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, […]
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 […]
They won’t be the only state to open for online sports gambling in January, but Virginia will undoubtedly do so with a unique set of regulations. Legalized in July, the Virginia Lottery has granted preliminary approval for up to a dozen online sportsbooks, including five of the usual suspects.DraftKings, FanDuel, […]
The latest merger between big gambling and big media became official Monday, foretelling a not-too-distant future of monolithic corporations and in-game wagering from home. The deal makes FOX Bet and parent company Flutter Entertainment a 95% shareholder in New York-based FanDuel. To complete the acquisition, Dublin-based Flutter will get a […]
Bud Light will have its name on the first-ever branded bet made with a sportsbook FanDuel announced on Wednesday. The two will team up to sponsor a wager during the Dec. 19 game between the Denver Broncos and the visiting Buffalo Bills. The proposition is simple: Dubbed the “Pick & […]
The state of Illinois took its first sports bet in the week March Madness was canceled. In the months that followed, betting action was negligible. But over the last 90 days, as sports returned, the Prairie State emerged as the Midwest capital of online sports betting. The Illinois Gaming Board […]
On Monday, less than 24 hours after Tennessee opened up for sports betting, the Memphis Grizzlies announced a partnership with FanDuel, making it the first such association between a gambling operator and an NBA franchise. FanDuel just began operations in Tennessee as one of a quartet of online sportsbooks licensed […]
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