Sports betting

28th October 2021

PointsBet records Q1 net win increase after strong US performance

Australian operator PointsBet has recorded sports betting and igaming net win figures of AD$69.5m ($52.3m/£38.1m) for its first quarter of 2021-22, ended 30 September. This…

28th October 2021

Rivalry to apply for Ontario betting and gaming licenses

Esports-focused betting operator Rivalry has submitted an application for an Ontario sports betting and online gaming license. Rivalry submitted its application to the Alcohol and…

28th October 2021

Wyoming betting revenue falls just short of $1m in opening month

Sports betting operators in Wyoming generated $954,416 in gross revenue during the first month of legal betting in the state – but net revenue was…

28th October 2021

Striving for greatness

Chief executive Max Meltzer says that Strive Gaming defines itself with a singular focus on the player platform, not unlike the sportsbook specialisation that helped…

28th October 2021

State of the Union: DraftKings-Entain, New York, Nevada and more

This week’s State of the Union, in partnership with Segev LLP, includes DraftKings’ decision not to submit a formal bid for Entain, as well as…

28th October 2021

Gaming growth drives CDI to record revenue and net profit for third quarter

Churchill Downs Incorporated (CDI) saw revenue and net profit reach record levels in the third quarter of its 2021 financial year, primarily due to growth…

26th October 2021

DraftKings terminates Entain talks

DraftKings has announced that it will no longer follow up its interest in Entain. The business said it made the decision after further talks with…

26th October 2021

PointsBet appoints former Facebook and Netflix exec as US CMO

PointsBet has named Kyle Christensen as its new U.S. Chief Marketing Officer. Christensen brings experience from the tech and entertainment sector to PointsBet, having held…

25th October 2021

Connecticut Lottery & RSI Launch retail sportsbook in New Haven

The Connecticut Lottery Corporation has launched retail sports betting in the state, with operating partners Rush Street Interactive and Sportech. The PlaySugarHouse retail sportsbook at…

25th October 2021

New Hampshire sports betting handle reaches record $68.1m in September

Consumers in New Hampshire spent a record $68.1m on sports betting in September, while revenue in the state climbed 64.5% year-on-year. Revenue for the month…

25th October 2021

Caesars launches mobile sportsbook in Louisiana ahead of market opening

Caesars Entertainment has made its mobile sportsbook available to download in Louisiana ahead of the state officially opening its regulated sports betting market. Consumers in…

22nd October 2021

NY selects top mobile betting bidder, as operators could face 64% tax rate

The New York State Gaming Commission has given prospective mobile sports betting operators until 5pm on Monday to amend their proposed tax contributions, after confirming…

22nd October 2021

SeventySix invests in Lucra Sports alongside sports tech businesses

SeventySix Capital has acquired an undisclosed stake in gaming platform Lucra Sports as part of a fresh series of investments. SeventySix described Lucra as a…

22nd October 2021

Maryland Gaming Commission approves two more sports betting licenses

Maryland Lottery and Gaming Commission has granted two additional sports betting licenses to Hollywood Casino in Perryville and Ocean Downs Casino in Berlin.  The pair…