Legal Sports Betting

Legal Sports Betting 21-01-2020

Analysts Question GVC, MGM On BetMGM Growth In US Sports Betting

GVC is hailing strong growth from Roar Digital, its US joint venture with MGM, but analysts remained unconvinced. In a trading update on Friday, the London-listed firm said Roar had made good progress in Q4, highlighted by its partnership with Yahoo Sports. The deal gives Roar access to 60 million customers. It’s described by the group […]

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Legal Sports Betting 14-01-2020

Why William Hill Upgraded Its US Sports Betting Outlook For 2019

William Hill upgraded the outlook for its US business to ‘break-even’ for 2019 on the back of wagering growth and “disciplined investment”. In a trading update Monday, the London-listed bookmaker said growth had been strong enough in the fourth quarter to update the previous profit forecast of $0m to -$20m.  William Hill is one of […]

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DraftKings goes public
Legal Sports Betting 07-01-2020

DraftKings Investigating After ‘Bachelor’ Contestant Wins A Million Dollars

What started out as a potential feel-good story for DraftKings and the daily fantasy sports industry turned into a potential headache quickly. A former contestant on television’s ‘The Bachelor,” Jade Roper Tolbert, took down the biggest contest in fantasy football at DraftKings this weekend, the Millionaire Maker. That came with a top prize of a […]

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Legal Sports Report
Legal Sports Betting 06-01-2020

BetAmerica Leaping Forward With Two New Online Sportsbooks

BetAmerica should be live in three states by the end of the year with its recent Pennsylvania and pending Indiana launches. The sportsbook brand, from casino operator Churchill Downs and platform provider SBTech, launched in New Jersey earlier this year through Golden Nugget‘s license. Ten months later, BetAmerica went live in Pennsylvania with Churchill Down’s […]

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Legal Sports Report
Legal Sports Betting 05-01-2020

DraftKings Going Public With SBTech

Welcome to the final day of the decade. The entire Legal Sports Report team sends its best wishes for the new year to all. Plenty of people have taken time off to enjoy the holidays but it hasn’t affected the flow of sports betting news. Let’s recap some of the top stories from last week. […]

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Michigan legalizes sports betting
Legal Sports Betting 03-01-2020

Is This Finally The Year For California Sports Betting?

Twenty states have some form of legal sports betting regulation. This series looks ahead to which states could regulate sports betting in 2020. If one lives in the Golden State, you often hear that California leads and other states follow. That’s not the case with California sports betting. Nine states approved legalized sports betting in […]

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DraftKings New Hampshire sportsbook
Legal Sports Betting 02-01-2020

How DraftKings Sportsbook Is Going Inside Madison Square Garden

DraftKings already made a brand new start of it last week, so a new NY sports betting partnership fits well. Roughly a week after announcing DraftKings would go public as part of a merger with SBTech, the company formalized a “renewed partnership” with The Madison Square Garden Company. DraftKings Sportsbook becomes the “official and exclusive” sports […]

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Legal Sports Betting 01-01-2020

The Top Five US Sports Betting Stories Of 2019

Just two years ago, at the end of 2017, single-game sports betting was only legal in a single state: Nevada. Today, as 2019 ends, we look at a different landscape, where betting has rapidly expanded and changed in the United States. Here’s a look back at the top US sports betting stories of the year. […]

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Maryland sports betting
Legal Sports Betting 31-12-2019

Maryland Has New Sports Betting Bill; Senator Optimistic For 2020

There’s likely enough appetite to get sports betting passed through Maryland‘s legislature this year and approved by voters, according to one state senator. Sen. Chris West prefiled SB 58, which would allow horse tracks and casinos to offer sports betting. The bill does not include online or mobile betting, which West cautioned against. “We should […]

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Mattress Mack
Legal Sports Betting 30-12-2019

Mississippi Sportsbooks Feel Burrow, Mattress Mack Effect

A top football team, a Heisman winner and Mattress Mack helped shape Mississippi’s sports betting handle and revenue in November compared to October. Handle rose 17.4% to $56.4 million last month, but revenue tumbled 69.2% to $3.8 million compared to October. Mattress Mack hurt sequential revenue First, let’s get something straight: Mississippi sportsbooks did not […]

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