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

Caesars Turns Focus To Sportsbook Upgrades After Slashing Ad Spend

Caesars will continue its pullback of online sports betting marketing spend, but executives feel there is still market share growth to be found. Last year, the company relaunched its Caesars Sportsbook and secured 15% overall online US sports betting market share, according to Tuesday’s second-quarter Caesars (CZR) earnings call. CEO Tom Reeg said the company […] Read More

Posted on: August 4, 2022 | | Pat Evans

Next Earnings Calls To Watch For US Sports Betting Stock

It is once again earnings season, with most of the publicly traded companies involved in US sports betting reporting info sought by stock investors by the end of August. Below is an up-to-date list of pertinent earnings calls anyone interested in sports betting stock should take in. All listed times are US Eastern and calls […] Read More

Posted on: July 25, 2022 | | Matthew Waters

ESPN President: Sports Betting Has Become A ‘Must-Have’

ESPN president Jimmy Pitaro says sports betting is now a "must-have" for the ESPN brand, but it still hasn't decided on the right partner. Read More

Posted on: June 23, 2022 | | Brad Allen

Quite A Spread: Caesars Ties Guy Fieri Eats To Arizona Sports Betting

Caesars has opened its permanent retail outlet for Arizona sports betting, complete with a culinary twist. Caesars announced Tuesday it opened its in-person sportsbook at Chase Field, home of the Arizona Diamondbacks, in Phoenix. The new establishment also features Guy Fieri’s DTPHX Kitchen + Bar. The two-story, 22,300-square-foot Caesars Sportsbook is the second retail sportsbook […] Read More

Posted on: June 22, 2022 | | Pat Evans

Will North Carolina Sports Betting Bill Move Today With Clock Ticking?

After sitting on ice since last fall, a North Carolina mobile sports betting bill could start moving again this week with some new provisions. The NC sports betting bill, SB 688, passed the Senate last year and started this session in the House Judiciary Committee. Despite supporters suggesting the legislation might move within the first […] Read More

Posted on: June 20, 2022 | | Pat Evans

Data Shows Sports Betting Advertising Blitz Has Massive Scope

The sports betting advertising blitz is not just your imagination. From September 2021 through May 2022, US sports betting operators spent an estimated $282 million on TV advertisements, according to an iSpot.TV report released last week. The advertising generated more than 18 billion impressions. Both figures are a significant gain compared to the prior year, […] Read More

Posted on: June 15, 2022 | | Pat Evans

Can NY Sports Betting Ops Solve Profit Problem They Helped Create?

New York sports betting operators are already feeling the pinch from the tax-heavy market structure. Do they have a path to profit? Read More

Posted on: June 1, 2022 | | Brad Allen

Why Is CBS Sports Insider Josina Anderson Promoting Offshore Sportsbook Bovada?

CBS Sports Insider Josina Anderson is advertising offshore sportsbook Bovada alongside here work for the national TV network. Read More

Posted on: May 24, 2022 | | Brad Allen

Can North Carolina Sports Betting Bill Continue Last Year’s Momentum?

A North Carolina mobile sports betting bill will start the 2022 session already on the final stretch. The North Carolina General Assembly convenes Wednesday with sports betting legislation already through one chamber. The NC sports betting bill, SB 688, appears it could advance quickly, as it has the backing of House leadership, industry sources told LSR last week. […] Read More

Posted on: May 16, 2022 | | Pat Evans