Caesars Sportsbook is facing a class-action lawsuit for misleading sports betting advertisements in New York City. New York Resident Lachae Vickers is the plaintiff vs. Caesars Entertainment, Inc. NEW YORK – Caesars Sportsbook has been accused of promoting false and misleading sports betting advertisements to their customers. The New York gambling lawsuit lists Lachae Vickers … Read more
Online sports betting operators are unhappy and have requested to lower the state revenue tax of sports betting from 51%. New York governor has increased the projection of total tax revenue brought in from online sports betting to $615 million. NEW YORK – Since its January launch, New York has been dominant for online sports … Read more
Louisiana has licensed four retail locations to open sportsbooks. Retail sportsbooks are launching well before online sportsbooks. Several online sportsbook apps are available, but only to claim promos, not to place wagers. BATON ROUGE, La. – Four retail sports betting licenses have been granted in Louisiana, but online sports betting will likely have to wait. … Read more
FanDuel, Caesars Sportsbook, and DraftKings are expected to bid on NBA live game rights. The live rights take effect in 2025, but negotiations are set to begin in 2022. ESPN/ABC and TNT currently split NBA live game rights. LAS VEGAS – Gambling companies are expected to bid on NBA streaming rights once the current broadcast … Read more
Caesars Sportsbook inked a partnership deal with LSU’s athletics department. The deal was facilitated by Playfly Sports, which holds the media rights to LSU sports. LSU will be receiving significant contributions as well as a scholarship fund through this partnering. BATON ROUGE, La. – Caesars Sportsbook has partnered with Louisiana State University as the official … Read more