Sports betting
RI betting revenue drops 98.6% in April
The suspension of major sporting events and a full month’s closure for Rhode Island’s land-based casinos badly affected the state’s sports betting market, with handle…
DC Lottery launches online betting platform
The DC Lottery has announced the launch of its online sports wagering platform in the state of Washington D.C., though the roll out of a…
California bill proposes exclusive betting rights for tribes and tracks
A constitutional amendment that would allow sports betting in California has been referred to the committee on governmental organisation, after details were added to the…
DraftKings losses widen further in Q1 despite revenue growth
DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter…
Full House slips to Q1 loss after Covid-19 revenue hit
Full House Resorts became the latest land-based operator to see its bottom line heavily impacted by novel coronavirus (Covid-19), as Q1 revenue fell 24.7% to…
Louisiana Senate passes sports betting referendum bill
The Louisiana State Senate has passed a bill to legalize sports betting in the state, by a margin of 29-8, and now passes to the…
Scientific Games Q1 revenue declines amid Covid-19
Scientific Games saw revenue decline 13.0% to $725m and losses increase to $159m as the novel coronavirus (Covid-19) hit the business in terms of both…
Indiana sportsbook handle falls further in April
Indiana sportsbook revenue and handle continued to decline due to novel coronavirus (Covid-19), with sportsbooks in the state reporting revenue of $1.6m for April, down…
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Read now!State of the Union: Colorado, Nevada, MGM and more
This week’s state of the Union, in partnership with Segev LLP, covers the launch of sports betting in Colorado, restrictions on Nevada casinos when they…
Covid-19 cuts into Nevada gaming revenue in March
The closure of Nevada’s casinos from 17 March as a result of the novel coronavirus (Covid-19) pandemic has resulted in gaming revenue falling 39.6% year-on-year,…
PointsBet Q3 revenue more than doubles due to US, Aus growth
PointsBet took in net win revenue of AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year, up 139.7%, as its business in both Australia…
State of the Union: Pennsylvania, WSOP, Oklahoma and more
This week’s State of the Union, in partnership with Segev LLP, covers Covid-19-hit March revenue figures from Pennsylvania and Delaware, as well as the cancellation…
VA governor’s sports betting amendments adopted
Virginia is set to pass a bill legalizing sports betting after state lawmakers amended the proposal to factor in changes requested by Governor Ralph Northam. House…
Tennessee opens applications for sports betting licenses
The Tennessee Education Lottery is now accepting applications for new mobile sports betting licenses in the state, with all documentation now available on its website. Application documents…
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