Business By The Books: Will More States Limit Sports Betting Promos?

Deducting promotional spending from taxable revenue evolved this year into something that comes up every time a sports betting bill is discussed. Some states allowed for significant deductions when they passed their bills, including Colorado and Virginia. But both states since changed their rules in the past year and saw tax revenue increase, which could […] Read More

Posted on: September 16, 2022 | | Matthew Waters

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

Ontario Sports Betting To See Mohegan Online Sportsbook

Mohegan Gaming & Entertainment plans to join the available online Ontario sports betting options. Mohegan Gaming and Kambi Group announced a deal Tuesday for a mobile Ontario sports betting platform. Kambi will power Mohegan Gaming’s PlayFallsview brand in Ontario, according to a release. “Once launched, this will mark MGE’s first online mobile gaming product outside of the United […] Read More

Posted on: May 5, 2022 | | Pat Evans

Kambi Secures Ontario Sports Betting Supplier License

A key sportsbook supplier is ready for the commercial Ontario sports betting launch. Kambi announced Monday the company received its supplier license from the Alcohol and Gaming Commission of Ontario. With the AGCO approval, the sportsbook technology supplier will be ready to support its partners ahead of the April 4 commercial Ontario sportsbook launch. “I am delighted that […] Read More

Posted on: March 21, 2022 | | Pat Evans

Analysis: Could Fanatics Use New $1.5 Billion Raise In Sports Betting?

Fanatics chairman Mike Rubin said US sports betting companies were losing too much money to be good acquisition targets. Read More

Posted on: March 4, 2022 | | Brad Allen

Super Bowl LVI Betting Trends Reveal Changing US Market

GeoComply tracked more than 80 million geolocation transactions across legal US sports betting states over Super Bowl betting weekend. Read More

Posted on: February 16, 2022 | | Brad Allen

Is Kambi An Acquisition Target With ‘Poison Pill’ Issue Resolved?

Kambi may be an attractive acquisition target for US sportsbooks and suppliers now it has resolved a long-standing 'poison pill' issue. Read More

Posted on: February 9, 2022 | | Brad Allen

The Week In Sports Betting News: Earnings Season Gets Rolling

Happy Monday, everyone. There will be no shortage of sports betting news over the next few weeks thanks to Super Bowl LVI. There is plenty happening outside of Super Bowl betting, though. The LSR Podcast covered many of those topics in its latest episode, including how Florida sports betting failed to make the ballot in […] Read More

Posted on: February 7, 2022 | | Matthew Waters