The Chicago Bears entered a purchase agreement for Arlington International Racecourse from Churchill Downs for $197 million in September. A Bears executive named Scott Hagel told the Chicago Tribune Wednesday that the Bears were not planning on continuing to offer horse racing at Arlington International Racecourse. ARLINGTON HEIGHTS, Ill. – The Senior Vice President of … 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
Maryland was unable to launch sports betting by the beginning of the NFL season as was previously projected. Estimates vary as to when the industry will launch, with some pegging mid-fall to early 2022. The launch date will likely influence the perception of the market as revenue will be affected. BALTIMORE, Md. – Many states … Read more
MediaTroopers has received a temporary license to operate in Arizona. The company works to provide services to sports betting and gambling companies. Sports betting went live in Arizona on Sept. 9, 2021. PHOENIX – Arizona has approved MediaTroopers for a temporary license as a sports betting supplier in the state. MediaTroopers is an online gaming … Read more
Senator Fontana wants Pennsylvania bars to be able to have sports betting kiosks within their establishments. Kiosks could help local bars make extra money to aid in the financial relief needed due to the Coronavirus Pandemic. HARRISBURG, Pa. – Senator Wayne Fontana is currently spearheading a new effort to free Pennsylvania bars from a regulation … Read more
GambetDC was launched to the excitement of sports bettors in 2020 but has underperformed ever since. The online sportsbook in Washington, D.C. had a handle of just over $2 million in July. GambetDC is notorious for having lower payouts than other sportsbooks across the nation. WASHINGTON- Washington, D.C. introduced a sports betting app, GambetDC in … Read more
The monthly handle for the sports betting industry dropped by 24% from June to July. LAS VEGAS – Despite having its best financial year to date, the sports betting industry handle suddenly dropped in July of 2021. Monthly Handle Drop Off The combined betting handle of the 12 reporting states for July was only $1.47 … Read more
During a Q&A with fans, DraftKings CEO Jason Robins expressed his interest in accepting Bitcoin as a deposit method. Robins states that state regulators determine what currency can and cannot be accepted. Wyoming has regulations for sportsbooks accepting cryptocurrencies. BOSTON – DraftKings CEO Jason Robins was recently doing a Q&A with fans via Public.com and … Read more
PlayUp has announced plans for mobile sportsbooks in Indiana and Iowa. They also plan to expand their New Jersey offerings to include iGaming. Their Iowa and Indiana sportsbooks will be operated via a partnership with Caesar’s entertainment. LAS VEGAS – PlayUp has reportedly gained access to three new states for sports betting and iGaming offerings. … Read more
New Jersey’s lawmakers have passed a bill to alleviate taxes on casinos in the state. They cite the COVID-19 pandemic and the closures it necessitated as a proximate cause. Several other casino-related bills are up for approval in the General Assembly as well. LAS VEGAS – New Jersey lawmakers passed one of several proposed bills … Read more