Does BetMGM Growth Change Calculus For Entain Deal With DraftKings?
BetMGM took online gambling market share in Q3 but how does that impact DraftKings' bid for parent company Entain? Read More
Posted on: October 12, 2021 |
Tennessee Sportsbooks Want Mandatory Hold Rule To End
There was one central topic on the minds of Tennessee sportsbooks at Tuesday’s hearing on proposed rule changes: mandatory hold. The Sports Wagering Advisory Committee proposed a few changes because it has to promulgate its own rules as part of the process to take over as regulator. One of those proposed changes includes reviewing the […] Read More
Posted on: October 7, 2021 |
Federal Memo Tackles Emerging Tribal Sports Betting Questions
Amid multiple launches of tribal sports betting operations, federal regulators are taking on some new questions. On Tuesday, the National Indian Gaming Commission (NIGC) released a new bulletin, their fifth this year. This bulletin, however, was the first this year to address tribal sports betting directly. More specifically, the bulletin provides “supplemental guidance on emerging […] Read More
Posted on: October 7, 2021 |
Which Three Casinos Are Closing In On Maryland Sports Betting?
Three casinos are moving ahead in the Maryland sports betting license process. On Wednesday, the Maryland Lottery and Gaming Control Commission approved alternative licensing standards for: MGM National Harbor Horseshoe Casino Baltimore Live! Casino and Hotel Maryland Those casinos already hold Maryland gaming licenses, expediting the process for reviewing their qualifications. What’s next for Maryland […] Read More
Posted on: October 7, 2021 |
Tribal Casino Starts Off Louisiana Sports Betting Wednesday
Louisiana sports betting kicks off Wednesday as Betfred Sports begins taking bets at a retail sportsbook at Paragon Casino Resort. The Tunica-Biloxi Tribe owns the Paragon Casino, and is not one of the 20 casinos and racinos named in Louisiana sportsbook legislation. Because the casino sits on tribal land, it does not need state regulatory […] Read More
Posted on: October 6, 2021 |
New Investment Fund Raises $50 Million For US Sports Betting Opportunities
Bettor Capital announced its first round of capital commitments on Wednesday, raising $50 million for investments in online gambling. Read More
Posted on: October 6, 2021 |
WynnBET Gains Louisiana Sports Betting Access Through Competitor
WynnBET will be among the sportsbook options when online Louisiana sports betting launches. WynnBET gained access through Caesars, according to an industry source. The company announced the LA sports betting market access last week. Louisiana Gaming Control Board Chairman Ronnie Johns recently told LSR Louisiana sports betting will likely start within a few weeks. However, Johns also […] Read More
Posted on: October 6, 2021 |
Top NBA Gambling Exec Warns On Going ‘Too Far, Too Fast’ With Sports Betting
There is a curious dichotomy unfolding in gambling markets around the globe, leading one NBA executive to express a desire for caution. Earlier this month, the NHL’s Washington Capitals became the first US pro team to put a gambling sponsorship on a jersey. But on the other side of the pond, the UK is going the […] Read More
Posted on: October 5, 2021 |
Which New States Are Fueling US Sports Betting Growth In NFL Season?
The first month of Arizona sports betting is off to a big start. Through the first four weeks of the NFL season, Arizona was the fourth-most active US sports betting market, according to GeoComply data released Monday. GeoComply recorded 330 million geolocation transactions in 18 states and Washington, D.C., during the first four weeks of the […] Read More
Posted on: October 5, 2021 |
Online CT Sports Betting Will Miss Scheduled Thursday Launch
An unexpected delay at the federal level means it will take a bit longer than expected before online CT sports betting can go live. The expected Oct. 7 launch date had to be pushed back because of the “delay in publication” of the amended gaming compacts that legalized CT sportsbooks, a Department of Consumer Protection […] Read More
Posted on: October 5, 2021 |