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PGA Tour Inks Sports Betting Partnership With DraftKings

July 30, 2020 | By: Carl Carchia

Golf’s unique nature allowed it to resume months before other professional sports.  Now, the PGA Tour is catching up with the rest of the field by striking an exclusive sports betting partnership with DraftKings Inc. The deal is an extension of the current multi-year content and marketing relationship, and designates DraftKings Inc. as the “official […]

From Rush Street to Wall Street: Online Gaming Giant Going Public

July 28, 2020 | By: Carl Carchia

The sports betting industry continues to grab Wall Street’s attention. Rush Street Interactive LP announced on Monday it’s going public via a merger with dMy Technology Group, Inc., a move that will value the new company at about $1.8 billion. Both companies’ boards have approved the transaction and it is expected to close later this […]

Massachusetts Moves Forward With Sports Betting Built Into Economic Development Legislation

July 27, 2020 | By: Cole Rush

Massachusetts is expected to move forward with sports betting legalization. The state’s House of Representatives aims to expedite sports betting legislation in Massachusetts by including it in bill H.4854, an economic development package.  The $372 million bill would fund a number of assistance programs in Massachusetts, including job training and child care services alongside grants […]

DraftKings and FanDuel Granted Illinois Sportsbook Operating Permits

July 20, 2020 | By: Chris Nesi

Two of the biggest names in online sports betting received temporary operating permits from the Illinois Gaming Board on Friday, July 17. DraftKings Sportsbook and FanDuel Sportsbook are both listed as recent licensees on the board’s website. Last month, Illinois Gov. J.B. Pritzker issued an executive order suspending the requirement that sports bettors in the […]

These Are The Major Casino Projects That Were Halted Because Of COVID-19

July 17, 2020 | By: Geoff Fisk

The COVID-19 crisis compelled several casino-related projects across the U.S. to halt construction. Some of these projects are back on track for now, while others still sit dormant as the pandemic enters its fifth month. The following list looks at a few big-money casino ventures forced to put construction on pause due to the COVID-19 […]

Atlantic City’s Final Holdout, the Borgata Casino, to Reopen July 26

July 14, 2020 | By: Chris Nesi

Atlantic City’s most profitable casino resort, the Borgata, has announced it will resume business on Sunday, July 26, more than three weeks after New Jersey’s other eight casinos reopened. In response to the coronavirus pandemic, N.J. Gov. Phil Murphy issued an executive order ordering casinos to close on March 16. July 2 was the first […]

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