Sportsbooks in Iowa have documented an April slowdown from the March Madness inspired highs of just one month earlier, recording its lowest handle since December ahead of an anticipated slower summer period.
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According to Nielsen ad-spend data, online sportsbooks and gambling sites in the first quarter poured $153.6 million into local station coffers, an investment that has made the nascent industry one of the biggest players in the spot TV space.
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Caesars Entertainment watched how well fellow luxury retail casino and hotel brand MGM Resorts International‘s brand, BetMGM, performed financially in Michigan during the past three months. Now that BetMGM is the state’s No. 1 revenue-generating operator, Caesars CEO Thomas R. Reeg said he’s encouraged about his brand’s prospects.
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Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).
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In what may be a warning shot to Gov. Ron DeSantis and the Legislature in their pursuit of a gambling deal that will legalize mobile sports betting in Florida, a new poll commissioned by No Casinos shows 76% of Floridians surveyed say voters should have to approve.
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Two former Charlotte Hornets players joined team president Fred Whitfield Tuesday to go door to door in pressing lawmakers for an expansion of legal sports gambling in North Carolina. Muggsy Bogues and Dell Curry spent the day talking up the financial benefits of legalized gambling. Opponents say it's a bad bet.
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Stacie Stern, governmental affairs director at FanDuel, said in an interview that FanDuel is working with Louisiana Gaming Board and the state police to launch its product.
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They weren’t records, but Churchill Downs Inc. reported solid a betting handle for the 14-race card Saturday, highlighted by the Kentucky Derby. According to a press release from the Louisville-based company, bettors wagered $233 million.
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Asher has been a central figure in the growth of legalized sports betting since moving to Nevada in 2006 to help Cantor Fitzgerald lobby for a change in state laws to launch the first mobile sports betting devices.
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Tavern and restaurant owners could face off against casinos looking to expand customer base
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With the acquisition of Action Network, Better Collective gains clear market leadership within sports betting media and affiliation in the US and now expects to increase its revenues in the US to more than 100 mUSD by 2022.
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