Category: Sports Betting and Fantasy News
Virginia Sports Betting Fastest to $1 Billion
Don’t look now, but Virginia sports betting just raised the bar! The commonwealth became the quickest market ever to reach the $1 billion mark for bets placed on sporting events. The Virginia Lottery reported that sports wagers there topped $1.09 billion for the year to date ending on May 31st. That total is even more amazing when you consider that the “year to date” for the state didn’t even start until their January 21st launch! Virginia shattered the record previously set by Tennessee, which managed to reach the billion dollar mark in a six month span. To do so, the…
DraftKings & Foxwoods; FanDuel & Mohegan Deals
Sports betting fans in Connecticut will only have to wait until fall. DraftKings & Foxwoods Resort have announced a partnership to deliver sports betting be the kickoff of the NFL Football season in September. FanDuel & Mohegan Sun Resort have also formed a partnership and should launch at about the same time. These agreements will not only allow state residents to bet on sporting events. Both deals will enable online gaming and daily fantasy sports to take place as well. The governor of Connecticut signed the bill legalizing sports betting and the other activities in May of this year. Although…
New York Mobile Sports Bets: Applications Welcome
If you are an operator wanting to offer New York mobile sports bets, get ready to pay a heavy price. After years of trying to pass legislation to allow the activity, the state of New York seems pretty proud of themselves. The cost for the privileged of serving players in the Empire State? How about $25 million up front for the license, and 50% (or more) in taxes on your gross revenue! Additionally, the state would prefer to deal with operators who already have a revenue sharing agreement with a Tribal Gaming interest within the state, and that’s sure to…
Game-changer: How the Euro 2020 Group Stages Have Made History
Even before the Euro 2020 tournament moved on to the knockout stages, footballing records were being made and broken in the group stages. It’s been an iconic and unpredictable tournament, keeping fans, pundits, and odds-makers on their toes. Seeing the action in live-time is one thing, but noting on paper the significance of the stats is another. For instance, there were an impressive 94 goals scored in the group stages games, and the fastest player to score was Sweden’s Emil Forsberg who scored against Poland in one minute and 21 seconds. There’s been even more historical moments and plenty of unexpected results that have had spectators scratching…
Casinos and Sports Betting Push Betting Recovery
With the pandemic (hopefully) in the rear view mirror, several forms of gambling across America are starting to come back to life. In Mississippi, for instance, casinos are up over 20% from last year, bringing in over $1 billion. The rise is attributed to increased travel and tourism to the state. The Director of Marketing for the Tourism Bureau said that visitors are the lifeblood of Mississippi’s coastal region. Meanwhile in Kentucky, gambling revenue has already surpassed last year’s fiscal totals by bringing in $1.45 billion. Residents there love scratch-off tickets, and they continue to outpace all other forms of…
New Orleans Casinos Generate More Than State
How ya’ll are? Well, New Orleans casinos seem to be doing just fine! As the world moves to regain some normalcy, gambling in The Big Easy is outrunning the rest of the state. Gambling win across Louisiana was just shy of $230 million in the month of May, which includes the casinos in the New Orleans area, racinos, and the 10 riverboat casinos across the state. But the city of New Orleans out performed the rest of the state in May, bringing in about $56 million in May… even with pandemic restrictions still in place. Harrah’s was the city’s best…




















