The online sports betting market in Illinois looks to be adding a new player in the near future as Barstool Sportsbook began promoting the availability for bettors to download its app Monday.
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The Vegas Golden Knights have terminated a brief partnership with UpickTrade, a company based in Mexico that sells sports betting picks, including on the NHL.
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The sports data firm, which is looking to go public, is speaking with multiple SPACs about deals in the $10-12 billion range, according to the people, who were granted anonymity because the talks are private. The company is simultaneously pursuing a traditional public offering and hasn’t made a decision on which path to pursue, the people said.
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The number easily tops Colorado sports betting’s previous high of $284.6M which was set in December 2020 or a 14% increase from the previous month. It also translated to a $1.1M tax revenue for Colorado which was an increase of more than 125% from the previous month.
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The latest round of testimony in the Ohio Senate Select Committee on Gaming provided little in the way of surprises, outside of the discovery that Ohio grocers would like to be your friendly neighborhood sportsbook.
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Seventy percent of the state’s registered voters support converting the Resorts World Aqueduct and MGM Empire City Yonkers video slots parlors into full-scale casinos, a Global Strategy Group survey financed by the two racino parlors found.
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Golden Nugget Online Gaming (GNOG) has struck a deal with Tioga Downs Casino Resort in New York. The partnership gives GNOG market access to operate an online casino should the state one day move to legalize such gambling.
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Of the four most populated states in the U.S. — California, Florida, Texas, and New York — the only legal March Madness sports betting in any of them will take place on site at commercial and tribal casinos 90 miles and more north of New York City.
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The measure protects the thoroughbred industry but more work remains to enact “a more fair and equitable tax structure,” Gov. Andy Beshear said Monday. His comments reflect calls by some lawmakers for a higher tax rate on historical racing operations.
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Penn National Gaming (NASDAQ: PENN) announced yesterday it has inked a new partnership with a New York casino. The alliance with Rivers Casino & Resort, the DBA ("doing business as") name of Capital Region Gaming, will last for 20 years, assuming it clears regulatory and legislative hurdles, the press release says.
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This past weekend, college hoops wagers topped the charts on Bodog, garnering 36.88% of the action. That was about 2.5% better than what the NCAA received, and substantially more than that of the third-place NHL, which only picked up 10.17%.
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The current count has nine bills looking to legalize sports wagering in the Bay State. There are eighteen bills in total that touch on the subject of gaming or relate to gambling on sporting events. That is a lot of legalese to get through this session but just like sportsbooks, the legislature has a few favorites that are expected to see passage.
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