Casino News

Biden Regains Commanding Lead After an Ugly First Presidential Debate

September 30, 2020 | By: Derek Worlow

Moments after the first US presidential debate wrapped up between Joe Biden and President Donald Trump, betting markets moved dramatically in the former Vice President’s favor. In the latest US Presidential Election Odds, Biden’s lead has climbed to just under 23 points. During the debate, Biden led 56-44 in the tracker, but due to […]

Caesars’ William Hill Takeover Could Signal a Coming Sports Betting Arms Race

September 30, 2020 | By: Erich Richter

Caesars Entertainment and William Hill agreed to a deal that would allow Caesars to absorb William Hill. The British sportsbook accepted Caesars’ bid on Wednesday over the private equity firm Apollo Management. Surprisingly, the expectation is that Caesars Entertainment will specifically hold on to William Hill’s US assets. The major caveat to that will be […]

William Hill Shares Zoomed 43% Amid Potential Buyout Talks

September 28, 2020 | By: Erich Richter

On Friday, William Hill (OTCMKTS: WIMHY) saw massive movement on the stock market as rumors began to swirl about a potential buyout. Caesars Entertainment (NSDQ: CZR) and Apollo Global Management INC. (NYSE: APO) each submitted takeover bids to purchase the British gambling company. Now the potential for a bidding war has ensued with shareholders taking […]

US Online Sports Betting Sets Records In August 2020

September 25, 2020 | By: Geoff Fisk

The unprecedented rescheduling of major US sports leagues in 2020 saw the NBA and NHL playoffs, as well as the first full month of MLB regular season play, happening concurrently in August. After months of hiatus, August marked the first full month of “normalcy” for US sports leagues. Sports betting revenue figures across the US […]

Biden Solidifies Lead in Latest Presidential Election Tracker

September 24, 2020 | By: Derek Worlow

Democratic nominee Joe Biden has inched out to a nine-point lead over President Donald Trump in the latest US Presidential Election Odds Tracker. Despite another chaotic news cycle, Biden appears to be headed into the first debate with a sizable national advantage. Biden has maintained large leads at betting markets such as Betfair and […]

DraftKings Offering Free-to-Play US Presidential Debate Pool With $50k in Prizes

September 22, 2020 | By: Chris Nesi

You can’t bet on election results in the U.S., but that doesn’t mean there isn’t any sportsbook fun to be had during an otherwise intense and contentious election season. To mark National Voter Registration Day, DraftKings is offering a free-to-play presidential debate pool where participants can guess on a variety of outcomes in the upcoming […]

Legal US Online Casinos Break Records in August 2020

September 22, 2020 | By: Geoff Fisk

The resumption of business for land-based casinos appears to have no negative effect on mobile casinos in New Jersey and Pennsylvania. Both states realized record-setting monthly revenue figures in August 2020, as the popularity of legal online gambling continues to gain. Annual revenue crossed the half-billion mark for the year in New Jersey, while Pennsylvania’s […]

How Barstool Sportsbook Dominated App Store Rankings In Its First Week

September 21, 2020 | By: Chris Gerlacher

Sports betting exploded after the Supreme Court legalized it in 2018. Newly unencumbered by federal law, states subsequently created multi-million dollar sports betting industries within months. Accordingly, sportsbook apps became fixtures near the top of the Apple App Store’s charts. Some of them even rose to the very top of the rankings. In late September, […]

ESPN Doubles Down as Optimism Continues to Grow Within the Gambling Industry

September 18, 2020 | By: Erich Richter

On Monday, ESPN struck a deal with DraftKings (NASDAQ: DKNG) and Caesars Entertainment (NASDAQ: CZR) sending DraftKings up 17.27% gains and Caesars Entertainment up 8% by midday.  The gains are not just limited to DraftKings and Caesars, however. MGM Resorts International (NASDAQ: MGM) has seen a 20% growth in the last 3 months and Penn […]

Biden Regains Lead in 2020 US Presidential Election Tracker

September 17, 2020 | By: Derek Worlow

After watching his lead disappear at the beginning of September, former Vice President Joe Biden has stretched back out to an 8-point advantage in the latest 2020 US Presidential Election Odds Tracker over Pres. Donald Trump. Although the betting market Betway lists both candidates at -118 to win with 54.1% win probability, other markets […]