Evan Thornton 
PointsBet shares have fallen by 18%. Competition between brands is crowding the market. LAS VEGAS – On Thursday, online sportsbook operator PointsBet revealed its shares had fallen by 18%. PointsBet Shares Fall In a recent quarterly update, PointsBet showed that its market share fell in the seven states that it currently operates in. Even in … Read more
New Jersey sportsbooks handled over $1 billion in September wagers. Although September has the largest handle seen yet, it did not generate the most revenue. The September 2021 sports betting handle saw a 35% increase from the 2020 handle in the state. TRENTON, N.J. – Last month New Jersey yet again made sports betting history … Read more
The Pennsylvania gambling industry had its best September to date. Online Pennsylvania gaming in September increased by 74% year-over-year. FanDuel severely outperformed every other Pennsylvania sportsbook for the month. HARRISBURG, Pa. – Pennsylvania’s gaming industry continues to flourish as September‘s gaming revenue breaks $400 million yet again. Pennsylvania Gross September Gaming Revenue Pennsylvania’s gross gaming … Read more
Florida sports betting became legal on Friday. Online Florida sports betting is set to launch on Nov. 15th, and the court hearing regarding its prevention will be on Nov. 5th. There is no set date for tribal casinos to launch their retail sportsbooks. TALLAHASSEE Fla. – Online Florida sports betting may not be arriving as … Read more
Arkansas sportsbooks handled more bets this September than in 2020. The Oaklawn and Saracen Casino Resort both generated more than $250,000 in revenue. LITTLE ROCK, Ark. – Arkansas sportsbooks saw their second biggest sports betting month in September, with Arkansas residents betting more than $7 million. Arkansas Residents Are Betting More Than Ever September was … Read more
Paragon Casino Resort in Marksville, Louisiana is launching its own sportsbook operation. Betfred Sports has partnered with Paragon to run the sportsbook. BATON ROUGE, La. – Louisiana residents who are ready to have a land-based sportsbook in their state will be getting one sooner than many expected. The First Land-Based Louisiana Sportsbook A casino located … Read more
Penn National paid out a $10k settlement over a reportedly misleading TikTok video. The video was posted to a Barstool Sports account. Penn National owns a 36% stake in Barstool Sports. INDIANAPOLIS – Casino and racetrack operator Penn National paid a $10,000 settlement to the Indiana Gaming Commission (IGC) on Monday because of a TikTok video … Read more
Richmond residents will vote on potential new casino in their city that will include sportsbook. Non-profit organization ‘Richmond for All’ opposes this project happening in their town. The casino could make the city and community millions of dollars in revenue within the first 10 years. RICHMOND, Va. – A vote to approve construction of a … Read more
Co-founder of ‘GREY2K USA Worldwide’ Christine Dorchak is dissatisfied with Massachusetts lawmakers and their inaction regarding the ban on live dog racing and betting. Live dog racing and betting were banned in 2010 in the state but simulcast betting of the same thing has been a constant since then. BOSTON – Non-profit organization ‘GREY2K USA … Read more
West Flagler Associates just filed a second motion in an attempt to block the November 15th online sports betting launch. There have been several other legal attempts to block said launch leading up to this one. A court hearing has been set for November 5th. TALLAHASSEE, Fla. – Opposition for a regulated Florida sports betting … Read more