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Churchill Downs Overhauls BetAmerica; Will Rebrand As TwinSpires
On Tuesday, Churchill Downs Incorporated announced a BetAmerica brand overhaul. According to the CDI press release, BetAmerica will be rebranded as TwinSpires, previously the name of the company’s online horse betting platform. The rebrand will take place during the first half of 2021. TwinSpires will first launch in Michigan, where online sports betting is expected […]
New Bill Gives Florida Hope For 2021 Sports Betting Legalization
After a failed legal sports betting attempt in 2020, Florida State Senator Jeff Brandes has introduced a new bill that could give Florida legal sports betting in 2021. The main motivation for Florida to legalize sports betting is tax revenue. The proposed bill would net the state 15% of all revenue and charge each sportsbook […]
Golden Nugget Online Merger Nearly Complete; Could Look To Expand
The future of Golden Nugget Online got a little more clear with the expectation of a completed merger. On Monday, Golden Nugget announced that the Landcadia Holdings and Golden Nugget Online merger could be official in the coming weeks. The vote was originally expected to take place on Dec. 11 but was pushed back to Dec. 29. […]
Penn National Inc. and Barstool Sportsbook Prepare For A Huge 2021
Penn National Inc. agreed to acquire Hollywood Casino in Perryville, Maryland on Tuesday. The $31.1 million deal will allow Penn National to launch its Barstool Sportsbook in another state in 2021. This a crucial purchase for PENN as the company prepares for legalized sports betting in Maryland. On November’s election day, Maryland voters overwhelmingly approved […]
Hard Rock Partners With PokerStars Execs; Preparing For Online Sports Betting
Hard Rock International has put their chips forward, going all-in on the sports betting and digital gaming market. A joint venture with Seminole Gaming will help launch Hard Rock Digital in 2021. Hard Rock Digital intends to join online betting markets and bring innovative technology to the industry. Seminole Gaming owns six luxury casinos within […]
Why Isn’t The NFL Canceling Games Due To COVID-19?
Are you ready for Wednesday matinee football? Ready or not, for the first time, Wednesday will feature a game as 2020 continues to get wackier. Twenty Ravens players are on the COVID-19 list and the reigning NFL MVP himself, Lamar Jackson, has tested positive for COVID-19. The NFL canceling games seems to be out of […]
3 Sports Betting Strategies Sharps Use to Gain an Edge
As sports betting becomes more lucrative, strategies will become extremely important to the casual and sharp bettor alike. With this, fans will always be looking to get ahead; whether it is using advanced analytics or proven strategies. We take a look at some of these strategies that sharp bettors typically implement as well as success […]
FanDuel Throws Down the Gauntlet; Reports 46% of Sports Betting Market Share in Q3
FanDuel is claiming dominance over the sports betting industry by way of a Q3 Trading Update posted Thursday by parent company Flutter. According to the update, FanDuel Sportsbook now handles a whopping 46% of market share in the online sports betting world, thanks in part to its customer acquisition. According to the report, FanDuel now […]
Is The Gambling Industry Being Absorbed By Tech?
The gambling industry has been part of our culture for centuries, and not just since the advent of casinos. Historians estimate that gambling began before written history, around 3000 BC when it’s estimated the first six-sided dice were used. According to a 2014 American Gaming Association study, the gambling industry was worth $240 billion, including […]
5 Ways the Pandemic Has Changed Sports Betting
The COVID-19 pandemic has turned our lives upside down and sideways. The sports betting industry has been able to pivot in ways that few expected and companies are taking notice. In the future, we will look back at the COVID-19 pandemic as a major turning point for the sports betting industry. With things constantly in […]