Barstool Sports CEO on DraftKings: Penn Should Be Worth Three Times As Much
Barstool and Penn executives appeared on CNBC this week, explaining why they were set to "dominate" the US sports betting sector Read More
Posted on: June 26, 2020 |
Oklahoma Sports Betting Heads To State’s High Court Next Week
Oklahoma sports betting is a hotly-contested issue right now. Some clarification might be one step closer, though, through a state Supreme Court case starting next week. Gov. Kevin Stitt initiated the controversy by approving a number of games not legal under Oklahoma law in two new tribal compacts. The most notable was sports betting, called […] Read More
Posted on: June 25, 2020 |
Is Flutter A Better Bet For Investors Than DraftKings Stock?
Global equity research firm Redburn predicts Flutter is set for pole position in the US sports betting sector and undervalued by the market. Read More
Posted on: June 24, 2020 |
How Many Millions Of DraftKings Stock Shares Just Sold Today?
Remember when DraftKings upsized its stock offering last week? That sale turned out to be even larger than expected. A total of 46 million shares of DraftKings stock were purchased Tuesday as the offering completed. The number of new shares held at 16 million, but shareholders exercised their full option for additional sales, bringing that […] Read More
Posted on: June 23, 2020 |
Fast Track To Mobile Sports Betting In Michigan Appears Open
Michigan is pursuing a more aggressive timeline to have mobile sports betting up and running in October. The Michigan Gaming Control Board (MGCB) provided an optimistic timeline it is following and even hoping to improve upon to get MI sports betting online more quickly. “Everyone seems to be working toward getting this launched sooner rather […] Read More
Posted on: June 23, 2020 |
Sportradar Accused Of ‘Unauthorized’ Data Distribution By Ukrainian Soccer League
The Ukranian Association of Football (UAF) claims Sportradar ignored mutiple requests to step sending data scouts to its games. Read More
Posted on: June 23, 2020 |
LSR Q+A: Cashless Gaming Accelerating As Casinos Reopen, Says Global Payments President
The coronavirus pandemic interrupted business for casinos and sportsbooks, but it also accelerating digital transformation in the industry. That’s according to Christopher Justice, President of Global Payments Gaming Solutions. The gaming side is a small piece of what payment technology provider Global Payments does on an international level. The company provides payment solutions for more […] Read More
Posted on: June 23, 2020 |
California Sports Betting Bill Dead As Tribal Opposition Too Strong
The California sports betting bill is dead, according to its sponsor. Sen. Bill Dodd confirmed to Legal Sports Report that he is pulling his CA sports betting bill because of opposition from Indian gaming tribes. Dodd explained the move in a statement: “Given the deadlines for getting a measure on the November ballot and the impact of […] Read More
Posted on: June 22, 2020 |
How Georgia Sports Betting Bill Found New Life In Budget Crisis
Legislators revived a dormant Georgia sports betting bill Friday as the state wrestles with pandemic-induced budget issues. The Senate Special Judiciary Committee tacked the sports wagering measure onto HB 903, an unrelated bill about traffic tickets that passed the House in March. The measure now moves to the Senate floor, bringing sports betting in Georgia […] Read More
Posted on: June 19, 2020 |
Opinion: Clarity Long Overdue On US Sports Betting Laws
This is an opinion article representing the views of the author and not necessarily those of Legal Sports Report: We are now more than two years on from the Supreme Court‘s landmark decision in Murphy. The legal sports gambling industry took off; what began as a small handful of states quickly has become nearly 20 states […] Read More
Posted on: June 19, 2020 |