WynnBET Plans Expansion Into Seven New States
Wynn Resorts Limited (NSDQ: WYNN) had a troublesome 2020 but is looking to reverse its fortunes early in 2021. The company’s online sports betting platform, WynnBET, is preparing to launch in seven new states. Currently, WynnBET is available in New Jersey and Colorado. The newest additions will include Michigan, which is preparing to launch online […]
Highlights Of Oregon Governor Kate Brown’s Sports Betting Wish List
Oregon launched its lottery-run sports betting app in October 2019, and it did not perform well. During all fiscal year 2020, the lottery app made $8.6 million in net revenue. That’s what Colorado sportsbooks made in October and November 2020 alone. Handing the Oregon Lottery a monopoly on sports betting has resulted in: Worse odds […]
Part II: Everything Doctors Want Bettors To Know About The Vaccine
Anyone who misses gambling at casinos or betting at retail sportsbooks is in luck. More Americans are getting vaccinated each day. Each day brings us closer to going back to sports bars and betting in person. We could even get back to normal this summer. However, one factor could singlehandedly postpone normalcy by six months […]
Georgia Lawmakers Introducing New Bill To Legalize Sports Betting
Another state is looking to bring in some sports betting tax revenue in 2021. In a filing to the state legislatures, Georgia Republican Ron Stephens and five other co-sponsors are attempting to push forward sports betting in the Peach State. The proposed bill would give sports bettors six online-only sportsbooks with remote registration. The model […]
New York Could Make Big Mistake With Proposed Sports Betting Model
The Covid-19 pandemic has forced states to reconsider their policies towards online sports betting. With many states expecting revenue declines in fiscal year 2021, it is high time to consider options – but when it comes to online sports betting, some options are better than others. During NY’s 2021 State of the State, Governor Andrew […]
Part I: What Doctors Know About Vaccine Rollouts And Casino Reopenings
With vaccines on the way, it almost feels like the end of the pandemic is in sight. We’re all looking forward to casinos, bars, and restaurants reopening at full capacity and without masks. However, the vaccine rollout has been slow across the country. We’ll have to hit certain vaccination milestones for casinos to reopen. They […]
Connecticut Sports Betting Bill Would Authorize A Tribal Duopoly
Seven Connecticut legislators have introduced Senate Bill 146, which would legalize sports betting in the state. The bill, only one paragraph long, would authorize the Mashantucket Pequot Tribe and the Mohegan Tribe of Indians to offer sportsbooks. Should the bill pass, both tribes would be allowed to offer sports betting products on Indian lands in […]
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. […]
