Sports betting
DraftKings revenue up 27.1% in H1 as net loss widens
Sports betting and daily fantasy giant DraftKings reported a 27.1% year-on-year rise in revenue for the first half of 2020, though the business’ net loss…
Puerto Rico launches consultation on sports betting regulations
Puerto Rico has taken a step towards launching legal sports betting over a year after legalizing the vertical, beginning a 30-day consultation on sports betting…
US GGR down 45.6% in H1 as Covid-19 wreaks havoc
US commercial gross gaming revenue (GGR) for the first half of 2020 fell 45.6% year-on-year to $11.70bn, according to the latest figures from the American…
State of the Union: Caesars, New Jersey, college football and more
This week’s State of the Union, in partnership with Segev LLP, covers the first results update from Caesars Entertainment since the merger between the former…
NJ sports and igaming grow, but casinos struggle in July
New Jersey’s sports betting revenue climbed 65.2% year-on-year in July, but the state’s land-based casino market saw further declines as it continued to feel the…
CDI sets out safety protocols for delayed Kentucky Derby
Churchill Downs Incorporated (CDI) has announced a series of safety protocols for the Kentucky Derby, as it prepares to host the showpiece horse racing event…
DraftKings launches first retail sportsbook in New Hampshire
DraftKings has launched New Hampshire’s first retail sportsbook, in partnership with the state lottery and Eureka Casino-owned venue The Brook. The DraftKings Sportsbook at The…
Big Ten, Pac-12 cancel college football seasons
The Big Ten and the Pac-12, two of college football’s “Power Five” conferences, have both postponed their 2020 football seasons, as well as all other…
BetMGM lands sports betting partnership with Nascar
BetMGM, the betting brand operated through the joint venture between GVC Holdings and MGM Resorts, has entered into a wagering partnership with North America’s Nascar…
Canterbury Park posts $925,976 loss following Covid-19 upheaval
Canterbury Park Holding Corporation, operator of Canterbury Park racecourse in Minnesota, has reported a $925,976 net loss for the first half of 2020, after it…
Indiana sportsbook revenue and handle recover strongly in July
The Indiana Gaming Commission has reported the strongest month for the state’s sports betting market since February, with revenue and handle both soaring in July. …
Betfred signs extended racing deal with XB Net
Gambling operator Betfred has signed an extension to its distribution deal with North American horse and greyhound racing content provider XB Net. Under the renewed…
Iowa sports betting revenue up to $2.2m in July
Sports betting revenue in Iowa increased to $2.2m in July as the state continued to recover from the novel coronavirus (Covid-19) shutdown of sports and…
PointsBet becomes exclusive gaming partner of Denver Nuggets
PointsBet has entered into a multi-year partnership with Kroenke Sports & Entertainment (KSE), owner of the National Hockey League (NHL)’s Colorado Avalanche, the National Basketball…