Sports betting
Iowa sports betting dashboard – December 2020
Iowa’s online sportsbooks saw a revenue dip in November, but this was largely due to the odds going against them rather than any fall in…
Winter is coming
US states have largely avoided a second lockdown, but as restrictions tighten, could the sporting leagues once again be facing a shut-down? What then will…
Illinois betting handle grows 42.4% in October
Illinois’ sports betting market grew once again in October, with amounts wagered up 42.4% month-over-month to $434.6m, and revenue jumped to $42.2m as the vertical’s…
PA sets new sports and igaming revenue records in November
Pennsylvania broke its sports betting and online gambling revenue records in November, though declining land-based revenue led to a year-on-year drop in the state’s monthly…
GAN looks to raise up to $105.3m to fund Coolbet deal
iGaming solutions provider GAN will look to raise up to $105.3m from an upsized follow-on public offering to fund its acquisition of Coolbet parent Vincent…
State of the Union: Michigan, Hard Rock, New Jersey and more
This week’s State of the Union, in partnership with Segev LLP, includes Michigan’s first online gaming licenses, Hard Rock’s new online gaming joint venture and…
SPAC to the Future
Cole Rush looks at the emergence of special purpose acquisition companies (SPACs) as a vehicle for gaming businesses to list. Special purpose acquisition companies (SPACs)…
FanDuel partners Cage in South America and the Caribbean
Flutter Entertainment-owned FanDuel Group has entered a strategic business agreement with The Cage Companies to launch online and retail sportsbooks in South America and the…
New York sports betting revenue doubles in November
Gross gaming revenue from sports betting in the state of New York doubled year-on-year in November to $2.6m, according to new figures published by the…
GLMS elects OLG operations chief to executive committee
The Global Lottery Monitoring System (GLMS), the betting integrity watchdog for the lottery industry, has elected Lori Sullivan, chief operating officer of Canadian provincial operator…
William Hill sees marginal DC betting revenue growth in November
Both William Hill’s sportsbook at Washington DC’s Capital One Arena and the DC Lottery’s Gambet app saw stakes dip – though revenue increase – in…
Mississippi sports betting revenue more than doubles in November
Sports wagering revenue in Mississippi more than doubled year-on-year during November, despite a slight decline in the US state’s handle. Revenue for the month amounted…
Penn National enters Maryland through Hollywood Casino deal
Penn National Gaming is to enter the Maryland market ahead of the introduction of legal sports betting in the state after agreeing a deal to…
Stars and Fox Bet veterans to lead new Hard Rock Digital venture
Hard Rock International has struck a joint venture with a trio of former Stars Group executives, including ex-chief executive Rafi Ashkenazi, to significantly expand the…