Penn National has gained market access for New York in a two-way deal with Rush Street (RSI) that also gives BetRivers access to four states. Read More
A potential trademark battle is brewing between newcomer Barstool Sportsbook and stalwart Las Vegas operator Westgate SuperBook. Barstool Sports founder Dave Portnoy on Wednesday tweeted a cease-and-desist letter sent by Westgate Las Vegas legal representatives. The letter claims infringement of the use of “GOOD TEAMS WIN, GREAT TEAMS COVER” – a trademark owned by Westgate. […] Read More
We only have 10 days of data but online sports betting in Michigan looks ready to fight for a top-five spot in the US. Online MI sports betting handle was $115.2 million in the 10 days from launch on Jan. 22 through the end of the month, according to the state report released Wednesday. That […] Read More
It’s among a sportsbook’s worst nightmares: having its tech sputter and eventually fail during a gigantic betting event like the Super Bowl. Unfortunately for Barstool Sportsbook, BetRivers and DraftKings Sportsbook, that was exactly the case Sunday – and it was an outside vendor who took the blame. The issue was on platform and technology provider […] Read More
Happy Monday, everyone. This week will feature no shortage of sports betting news as most legal states should report their Super Bowl handle, but last week had plenty of news as well. The LSR Podcast talked about what Super Bowl betting looks like in the US this year compared to last year along with some […] Read More
Penn National says its investment appears to be paying off with low customer acquisition costs for Barstool Sportsbook and younger customers. Penn’s stock dipped briefly in pre-market trading Thursday as earnings per share estimates missed analyst expectations. That quickly turned around as investors digested its earnings presentation and full results. Only two business segments saw adjusted […] Read More