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FuboTV Wants In On The Party; Purchases Vigtory Sportsbook
FuboTV (NYSE: FUBO) saw massive stock gains early Tuesday as they agreed to purchase sportsbook startup Vigtory. The purchase signals another company that is adding itself to the massive US online sports betting market. The expectation is that FuboTV will launch Vigtory Sportsbook before the end of 2021. The terms of the deal were not […]
Sands Developments: Sports Betting Play, Adelson’s Medical Leave
Two major developments emerged from the Las Vegas Sands corporation over the past week, potentially marking big shifts in the company’s future plans. Sands CEO Sheldon Adelson is taking a medical leave of absence to undergo treatment for non-Hodgkins lymphoma. Adelson has not set a date for his return, and while he’s out, Sands’ President […]
2021 Sports Betting Outlook: Which States Might Legalize This Year?
New Year’s resolutions don’t just apply to people. It turns out states have them, too. Though COVID-19 and politics still dominate national headlines, several legislatures around the country are focused on stimulating their economies by legalizing sports betting. Here’s a look at seven states with plans (both big and small) for a more prosperous 2021. […]
NFL Wild Card Weekend Betting Preview
NFL Wild Card Weekend betting has become a staple among football fans and bettors. Sportsbooks across the country are preparing for high betting volumes as teams compete on Saturday and Sunday. This is with sportsbooks launching in new states and a variety of bets that we have not seen. Sports betting will see record volume […]
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 […]
Bally’s Corporation To Open A New Pennsylvania Casino
On January 4, 2021, Bally’s Corporation announced that it will open a category four casino in Centre County, Pennsylvania. This will be a “mini casino” with up to 750 slot machines and 30 table games, and it will fill a geographical gap in a state where most casino properties are located close to its borders. […]
William Hill Mobile Sportsbook Now Live in Washington D.C.
As of December 29, 2020, William Hill’s mobile sportsbook is live in Washington D.C. The launch followed approval by the D.C. office of Lottery and Gaming. The catch? The William Hill sportsbook is only available for use within a two-block radius surrounding D.C.’s Capital One Arena. This excludes federal buildings, slightly limiting the options for […]
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 […]
How Illegal Gambling Can Become Legal By Exploiting State Loopholes
Although sports betting is flourishing across the United States, other forms of gambling are still frowned upon. This is particularly true for online casinos, which are only available legally in a handful of states. Despite this, some forms of illegal gambling have become legal through a variety of loopholes. Video gaming terminals (VGTs) have a […]
Mobile Wagering Dominates In Top US Sports Betting States
The legal sports betting boom in the US continued in October. Overall betting handle in the US topped the $3 billion mark for the first time, as domestic sportsbooks took more than $3.2 billion in wagers. Each of the top six sports betting states generated more than $200 million in overall betting handle for October. […]