Fanatics failed in its bid for a New York state betting license. A license was given to a company – PointsBet – that Fanatics had refused to buy previously. Fanatics closed on a purchase of sports trading card manufacturer Topps. NEW YORK – Fanatics has built itself into an empire in the world of sports … Read more
Gambling stocks took a huge hit in November, with some big names falling more than 25%. However, November itself was a great month for sportsbooks. Could November’s excellent hold % presage a resurgence in gambling stock prices? LAS VEGAS – Gambling stocks took a plunge in November even as the sportsbooks had their best month … Read more
Wyoming’s sportsbooks saw $6.2 million in handle in their first month of operation. Due to promotions, the sportsbooks claim to have lost more than $100,000 in that month. They expect revenue to balance out once the major promotional launch deals are done. CHEYENNE, Wyo. – Wyoming’s sports betting is off to a fairly slow start … Read more
ESPN has offered naming rights as well as further partnerships to several sports betting partners. The WSJ reported that ESPN was engaged in talks with Ceasars and DraftKings. These talks reportedly included a potential ESPN sportsbook skin. BRISTOL, Conn. – In a move that further demonstrates the nearly inextricable link between sports media and sports … Read more
Penn National recently acquired Barstool Sportsbook. Caesars Entertainment recently bought a stake in SuperDraft. LAS VEGAS – With NFL season right around the corner, there’s a growing interest in which gambling companies to invest in via stock purchases. DraftKings It’s seemingly impossible to talk about sports betting in any capacity without DraftKings coming up, and … Read more
Penn National Gaming is opening a third casino in Pennsylvania on Aug. 12. The casino is located in York County, in what used to be a Sears. It will hold 500 slot machines and 24 table games, with capacity for more. SPRINGETTSBURY TOWNSHIP, Pa. – Penn National Gaming is opening a third brick-and-mortar casino in … Read more
Sports Illustrated will partner with 888 to open SI Sportsbook. The sportsbook will aim for a Colorado launch first. This move would have been unimaginable before SI was put under new management in 2019. LAS VEGAS – Sports Illustrated has announced a partnership with 888, an online sports betting company. 888 is a well known … Read more
Barstool Sportsbook is now open online in Indiana. The sportsbook went live at 11:00 a.m. EST on May 18, 2021. The Indiana Pacers play the Charlotte Hornets in the play-in tournament at 6:30 p.m. EST. LAS VEGAS – Barstool Sportsbook is live online in Indiana, having been activated at 11:00 a.m. EST. Barstool Sportsbook is … 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
The Michigan Gaming Control Board (MGCB) has awarded 15 provisional licenses to almost every major online sportsbook in the U.S. Online sports betting in Michigan is slated to launch in 2021. Retail sports betting in Michigan has already launched. LANSING, Mich. – Online sports betting and iGaming in Michigan looks to start off with a … Read more