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West Flagler et al Petition for Rehearing En Banc in Florida Sports Betting Case
West Flagler Associates’ attempt to block Florida sports betting may yet end up before the Supreme Court, but first, it has petitioned for the DC Circuit Court of Appeals to rehear the case en banc. This is a move the circuit court panel anticipated, perhaps even encouraged, in attaching a supplementary order to its ruling on June […]
Michigan Regulator Proposes Ban on Sportsbook-Like Pick’em Fantasy Contests
The Michigan Gaming Control Board (MGCB) has proposed new daily fantasy sports (DFS) regulations to ban contests that too closely resemble sports bets. The new rules, which legislators would need to approve, will prohibit DFS operators from offering single-player DFS pick ’em contests and predictions similar to the proposition bets offered by sportsbooks. The changes […]
7 Online Gambling Operators Applied for Kentucky Sports Betting Licenses
Seven online gambling operators applied for licenses to operate sites when Kentucky’s esports and sports betting marketplace launches, the governor announced on Aug. 10. Retail sports betting is still scheduled to debut on Sept. 7, when the NFL season kicks off. Then online gambling begins on Sept. 28. Gov. Andy Beshear said today that the […]
DraftKings Forecasts $20M Revenue, $50M Costs for First Three Months in Kentucky
DraftKings CEO Jason Robins said the company has added Kentucky to its 2023 fiscal guidance and estimates that the state will generate $20 million in revenue for the year. During DraftKings’ Q2 earnings call, Robins said the state was not part of previous forecasts. That’s because the company anticipated a later launch date for Kentucky […]
Penn Breaks Ties With Portnoy & Barstool, Announces ESPN Bet Coming This Fall
The US sports betting industry is about to lose another brand, as Penn Entertainment has cut its ties with Barstool Sports and its controversial founder, Dave Portnoy. The number of products on the market will remain the same, as Penn announced a new deal to rebrand its Barstool Sportsbook product as ESPN Bet, starting this […]
FanDuel Q&A With Bonus: VP Alison Kutler on Responsible Gaming
Responsible gaming is a duty shared by the entire US online gambling industry, says Alison Kutler, FanDuel Group‘s vice president of sustainability and responsible gaming. Her employer, sports betting leader and online casino heavyweight FanDuel, deemed responsible gaming a priority on “Day One,” Kutler said in an interview with Bonus. Her words said yesterday to […]
BetMGM Partners with Revolutionary Racing to Bring Sports Betting to Kentucky
BetMGM and Revolutionary Racing Kentucky (RRKY) are joining forces in Kentucky to bring online and retail sports betting to the state. On Monday, the pair of companies announced a new market access agreement allowing BetMGM to launch its online and retail betting platform in Kentucky when sports betting launches later this fall. The partnership will also […]
Fanatics Sportsbook Taking Over New York PointsBet Sportsbook License
Fanatics Sportsbook is entering the New York sports betting race. On Aug. 3, the New York State Gaming Commission (NYSGC) discussed what will happen now that Fanatics purchased the US holdings of Australian online gambling operator PointsBet. PointsBet Sportsbook is one of nine sports betting operators licensed in the No. 1 revenue-generating state. So while […]
Betway Is the Sole Applicant for Illinois’ Online-Only Sports License
Betway is the sole applicant and winner of an Illinois online-only sports betting license. During the July 27 Illinois Gaming Board (IGB) meeting, IGB Administrator Marcus Fruchter pointed out that identifying Betway as a winning bidder does not grant the operator a license. The IGB added that there was another bidder, which withdrew its application […]
Fox Bet to Shut Down as Fox Sports Backs Out of Joint Venture
Flutter has announced that Fox Bet has stopped taking bets and will shut down entirely by the end of August, making it the latest casualty of a challenging US sports betting market. The news does not come as a surprise. Last year, I predicted that this would be likely in the wake of arbitration between Flutter and […]
