Three More Operators Apply For Ohio Sports Betting Opening Day

There are two dozen mobile operators that hope to be live for the first day of sports betting in Ohio. Betway, MaximBet and Prophet Exchange applied for second-skin licenses by Monday’s deadline, according to Wednesday’s update. That ensures they will be ready to launch with the other Ohio sportsbooks at midnight Jan. 1, 2023, pending […] Read More

Posted on: August 18, 2022 | | Matthew Waters

Kansas Sports Betting Launch Set For September 1

Kansas sports betting will launch in time for bettors to see the full NFL season. The Kansas Lottery announced Thursday that KS sports betting will begin Sept. 1 with a soft launch. A full launch will follow on Sept. 8, pending a few regulatory checkmarks. The launch date means a full season of NFL betting would be […] Read More

Posted on: August 18, 2022 | | Pat Evans

BetMGM Partner Entain Hit With Largest-Ever UK Fine For RG Failures

One half of the BetMGM joint venture received the largest fine ever levied in the UK for responsible gambling failures. Entain will pay a £17 million ($20.5 million) fine for “serious failures,” UK Gambling Commission Chief Executive Andrew Rhodes said in Wednesday’s release: “There were completely unacceptable anti-money laundering and safer gambling failures. Operators are […] Read More

Posted on: August 17, 2022 | | Matthew Waters

Analysis: Opening Briefs Of Florida Sports Betting Compact Appeal Drop

The opening briefs in the appeal of the decision that ended the brief emergence of regulated sports betting in Florida have been filed. The Department of the Interior and the Seminole Tribe of Florida filed briefs laying out their arguments for the appeal. The District Court for the District of Columbia ruled in November 2021 […] Read More

Posted on: August 17, 2022 | | John Holden

Could Online Maryland Sports Betting Be Ready For Super Bowl?

The process to launch online Maryland sports betting continues to draw on with no official launch date, but with some clues as to possibilities. A timeline presented Wednesday to the Sports Wagering Application Review Commission suggests an online MD sports betting launch is “possible” by the Super Bowl. That goal requires hitting several important regulatory goals in […] Read More

Posted on: August 17, 2022 | | Pat Evans

Are Covid Changes To Blame For NJ Sports Betting Handle Declines?

An NJ sports betting trend not seen since the sports world shut down for COVID-19 crept its way back into story. Sportsbooks reported $531.9 million in handle and $45 million in revenue last month, according to the July revenue report released Tuesday afternoon. That marked the third straight month that handle fell year-over-year. Outside of […] Read More

Posted on: August 17, 2022 | | Matthew Waters

ESPN Sports Betting Remains Possible But Stuck In Neutral

The Walt Disney Company is fully committed to jumping into sports betting in the near future to help bolster its ESPN offerings, but there is still no clear move forward. During Disney’s recent Q3 earnings call, CEO Bob Chapek said the company has been in “conversations for quite a long time” with multiple sportsbook platforms. […] Read More

Posted on: August 16, 2022 | | Pat Evans

Operator Earnings Calls Largely Quiet About Ontario Sports Betting

As an entire North American industry waits for official reports from Ontario sports betting regulators, individual companies revealed relatively little about the market during their quarterly earnings reports. The earnings season started promising, as PointsBet kicked it off reporting its ON sports betting handle. Sports betting in Ontario started April 4 and in the quarter, […] Read More

Posted on: August 16, 2022 | | Pat Evans

The End Of PredictIt Election Betting Is Around The Corner

The only legal election betting market in the United States is going away. On August 4, the Commodities and Futures Trading Commission (CFTC) published CFTC Letter No. 22-08. The letter regards the withdrawal of CFTC Letter No. 14-130. What was letter 14-130? Well, that was the letter that was the regulatory genesis for the PredictIt […] Read More

Posted on: August 15, 2022 | | John Holden

Positive First Month In DC For FanDuel Despite Retail-Only Offering

The first month of operations for FanDuel in DC left the company “very happy” despite its retail-only offering. FanDuel Sportsbook at Audi Field took $710,362 in bets during July. The sportsbook held its grand opening July 8 but technically opened for a soft launch June 30. “We have been very happy with our first month […] Read More

Posted on: August 15, 2022 | | Matthew Waters