Major banking firm Goldman Sachs sees the sports betting and iGaming market outperforming e-commence over the next ten years. Goldman Sachs projects that the internet gambling market could be worth up to $39 billion in 2033. NEW YORK – As the online gambling and online sports betting market continues to expand, major banking firm Goldman … Read more
BetMGM’s poker app is now available in Michigan. The app is available on iPhone and Android, as well as online via a mobile website. Michigan will be the second state in which BetMGM operates a poker app. LAS VEGAS – BetMGM has announced that they are opening online poker to Michigan-based customers. This announcement makes … Read more
Virginia’s online lottery has paid out over $400 million to lottery winners. It has raised more than $436 million in total revenue, a bit more than 20% of lottery revenue overall. The biggest individual online win was $2 million. LAS VEGAS – Virginia’s online lottery paid out a significant amount of money to players while … Read more
206% more bettors expect to place online March Madness wagers compared to 2019. Bracket usage is expected to drop by 8%. Retail sportsbook usage is expected to jump 83%. LAS VEGAS – March Madness is expected to break betting records in the United States, in large part due to how many states have legalized sports … Read more
Lawmakers in New York include mobile sports betting in the budget proposals during two-week negotiations. Governor Andrew Cuomo and state legislatures approved the budget proposals. The Senate passed the proposal 43-20 and the House passed it 106-43. ALBANY, N.Y. – Sports betting fans in New York may be closer to having regulated mobile betting options … Read more
Penn National Gaming/Barstool has joined the mobile sports betting market in Illinois through Barstool Sportsbook. Illinois now has six state-licensed sportsbooks including BetRivers, PointsBet, FanDuel, William Hill, and DraftKings. Barstool Sportsbook has already launched mobile sports betting apps in Michigan and Pennsylvania making Illinois the third state Barstool is active in. CHICAGO – The burgeoning … Read more
On Tuesday, Wyoming’s State House voted down a sports betting bill that was expected to pass. On Wednesday, they revived the bill, and it did pass in a close 32-28 vote. The bill now goes to the State Senate, and could bring sports betting within a matter of months. Cheyenne, Wyo. – Wyoming’s sports betting … Read more
FanDuel Sportsbook has partnered with the American Gaming Association. The partnership will help grow the AGA’s Responsible Sports Betting Initiative. This initiative helps to direct consumers to grow responsible gambling habits. LAS VEGAS – FanDuel, one of the largest sportsbook and daily fantasy operators in North America, has partnered with the American Gaming Association to … Read more
Torstar Corporation, the owners of the Toronto Star and Hamilton Spectator newspapers, will launch a new online casino betting brand in Ontario in 2021. The company plans to use the funds from their online casino brand to make up for lost ad revenue of their newspapers with the hopes of keeping the papers in business. … Read more
The Carousel Group just signed a new 10-year partnership with Caesars Entertainment to bring sports betting to three new states. SportsBetting.com will eventually operate in New Jersey, Indiana, and Iowa thanks to this deal. LAS VEGAS – The world of sports betting just continues to expand, this time from a new deal between the Carousel … Read more