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Sportsbook Brands Have Partnered With US Teams in Every Pro Sport

October 8, 2020 | By: Geoff Fisk

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

October 6, 2020 | By: Erich Richter

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

October 5, 2020 | By: Geoff Fisk

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 […]

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 […]

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 S/sports-bettingeptember, […]

Penn National Shoots For the Moon With Barstool Sportsbook Launch

September 16, 2020 | By: Erich Richter

The long-awaited, Barstool Sportsbook will take its first bets in Pennsylvania this week drawing plenty of buzz across the industry. Their sportsbook will officially soft launch on Friday, Sept. 18, garnering excitement from investors and players alike.  Earlier in the week, fans were able to download the app but that is where the product stopped. […]

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