Rumblings about a possible purchase of Penn Entertainment by Boyd Gaming could hinge on whether Disney, owner of ESPN, would allow the new company to continue its 10-year agreement for the ESPN BET deal currently with Penn.
Industry News
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Industry News
MGM Resorts and Playtech Partner to Stream Live iGaming From Las Vegas Strip – IGT Returning to Sin City
MGM Resorts partners with Playtech to stream live iGaming from Las Vegas Strip casinos. Meanwhile, IGT returns to Las Vegas, merging with Everi Holdings. Discover how these moves will impact the gaming industry and the opportunities they bring to the market.
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Kansas Governor Laura Kelly signed House Bill 2001, aiming to lure the Chiefs and Royals with funding for new stadiums. The bill’s STAR bond program offers significant financial incentives, making Kansas a compelling option for the teams amid Missouri’s funding and sports betting challenges.
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New York solidifies its lead in mobile sports betting with May 2024 being a record-setting month. Key sports events boosted the state’s handle to $1.97 billion, generating $200.3 million in revenue. The competition between DraftKings and FanDuel remains fierce in this thriving market.
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Betr, co-founded by social media star-turned-boxer Jake Paul, has announced a partnership with Betting Ladies, a platform to introduce women to sports betting while providing educational content and community support.
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CarJitsu, a thrilling new sport approved by New Jersey regulators, brings jiu-jitsu tactics to the confined space of a car. Created by martial arts master Vik Mikheev, it’s gaining popularity fast. Don’t miss out on this unique betting opportunity!
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Arizona’s mobile sports betting numbers for April have been released and the Grand Canyon State delivered a noticeable betting increase in handle and adjusted gross revenues compared to April 2023. The state also saw the launch of Fanatics Betting & Gaming in April.
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Washington DC’s sole mobile sports betting provider, FanDuel, has sent a shot across the bow to the City Council president, threatening to terminate its operation if the Council votes to allow other operators into the market.
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West Flagler Associates has been contesting the Seminole Tribe’s monopoly on sports betting in the Sunshine State for years but the company’s hopes to break into the industry all but faded this week when the U.S. Supreme Court refused to hear their case.
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Colorado voters will determine the allocation of surplus sports betting revenue in November. The options include funding conservation projects or returning money to operators. The decision follows the unexpected revenue surge, challenging the initial $29 million cap set by the state legislature.