New York monthly online sports betting handle finally fell short of $1 billion. After exceeding $1 billion in handle in each of the first six months since Jan. 8 launch, online NY sports betting operators in the Empire State combined for $800.8 million in July handle. The summer months are slower for sportsbooks, given the […] Read More
It could take until next year for mobile MA sports betting to launch. The speed of retail’s rollout, however, depends on state regulators. Retail Massachusetts sportsbooks could launch sooner than mobile through a temporary license provision in H 5164 that allows temporary licenses for the five eligible retail entities. That could lead to legal regular-season NFL […] Read More
CEO Richard Schwartz said Thursday that Rush Street Interactive has a market access partner in Massachusetts and will be a profitable company in the second half of next year. The parent company of BetRivers and PlaySugarHouse used its second-quarter earnings call to update stockholders after a busy first half of 2022. Rush Street Interactive provides […] Read More
Kansas sports betting regulators are still hard at work, but a debut by the start of the NFL season might be slipping away. A KS sports betting launch sometime during the football season is likely, but NFL betting on Sept. 8 might be a stretch, said Todd Allen, director of wagering at the Kansas Racing and […] Read More
FuboTV is looking for help to create the future of its Fubo Sportsbook product. A challenging financial market led to FuboTV (FUBO) looking at internal cost-saving measures, which include potentially offloading its sportsbook plans, according to a shareholder letter distributed before Thursday’s second-quarter earnings call. According to the letter, its sports betting business is under strategic review. […] Read More
FanDuel is on the agenda for licensure this month in Nevada, but the company is keeping its plans close to the chest. A company spokesperson declined comment on why FanDuel is listed on August’s Nevada Gaming Control Board agenda, which was published Thursday. The first hearing will come next week with the Gaming Commission meeting […] Read More
Bally’s Corp. is finally ready to start rolling out its new Bally Bet platform, but it will continue to wade slowly into markets. Bally Bet launched its newer sports betting in Arizona and New York, but Bally’s CEO Lee Fenton said on Thursday’s second-quarter earnings call the focus will be on iCasino states moving forward. […] Read More