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How COVID-19 Regulations in Pro Sports Evolved From Professional Bull Riding
It’s easy to take coronavirus precautions for granted. Businesses from local gas stations to multi-national organizations have implemented coronavirus prevention procedures in recent months. But when sports first returned, commenters were skeptical about how sports could avoid coronavirus outbreaks. Sports leagues have come a long way in their coronavirus prevention measures. And it all started […]
With Football Back In Full Swing, US Online Sportsbooks Surge in September
The September arrival of college and NFL football contributed to the usual boost in sports betting revenue across the US. With more online sports betting options than ever, all five of the states on this month’s revenue roundup list achieved new records for monthly combined retail and mobile betting handle. New Jersey, Pennsylvania, Indiana, Iowa, […]
PGA Tour Embraces Sports Betting; Integrates Betting Information Into Live TV Broadcast
Bettors tuning into last weekend’s broadcast of the PGA Tour’s CJ Cup were met with a new feature as Golf Channel’s telecast displayed the tournament’s latest betting information. The new wrinkle is the latest push by the Tour to integrate their betting partnerships into golf’s weekly broadcasts. Although viewers were treated to segments highlighting line […]
New Jersey, Pennsylvania Set New Online Casino Revenue Records
Online casino markets in both New Jersey and Pennsylvania continue to show no sign of decline any time soon. Both states hit monthly revenue records for the third consecutive month, and combined revenue for 2020 went over the $1 billion milestone for the two biggest mobile casino markets in the US. DraftKings Casino appears poised […]
What Does The Selling-Off Of Bally’s Tell Us About Gambling’s Future?
A relatively small brand in the marketplace, Twin River Casino has made its biggest splash to date. In an attempt to revive the Atlantic City casino market, Twin River has purchased Bally’s Casino and its naming rights in perpetuity. This purchase from Caesars Entertainment does not just signal a new era for Bally’s. It signals […]
Sportsbook Brands Have Partnered With US Teams in Every Pro Sport
The list of partnerships between sports betting brands and US professional sports teams gets longer every week. It’s probably not a stretch to predict that every team in the NFL, NBA, NHL, and MLB will operate with one or more sports betting partnerships at some point. The dawning of the 2020 football season yielded several […]
How DraftKings Might Look to Spend its $2 Billion in Cash on Hand
Several high ranking DraftKings executives sold shares of the company when it hit peak levels in June. Fourteen million of these shares came from the company and 19 million shares came from selling shareholders including CEO Jason Robins. At the time, DraftKings was over $40 a share before dropping considerably upon news of the sell-off. […]
3 US States Have Sports Betting on the Ballot This November
Sports betting is legal in 22 states and Washington D.C. as the end of 2020 approaches. Three more states will put sports betting legalization in the hands of state voters this November. Louisiana, Maryland, and South Dakota all have referendums on the ballot for the upcoming 2020 Election Day. The three states have taken very […]
Caesars’ William Hill Takeover Could Signal a Coming Sports Betting Arms Race
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
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 […]
