by Zachary Kelley | Nov 13, 2023 6:15 pm | Revenue
New York became the first state to reach a $2 billion sports betting handle in one month. The feat occurred this October, where the state saw exactly $2,006,823,408 billion in bets. New York made over $166 thousand in gross gaming revenue for October. NEW YORK – New...
by Zachary Kelley | Sep 15, 2023 2:09 pm | Sports Betting
The Vermont Department of Liquor and Lottery received five applications from sports betting operators. BetMGM, DraftKings, ESPN BET, Fanatics, and FanDuel all applied for an online sports betting license in Vermont. Legal Vermont sports betting is expected to launch...
by Zachary Kelley | Aug 22, 2023 4:50 pm | Legal
The Kentucky Horse Racing Commission approved temporary licenses for seven sportsbook operators and seven racetracks on Tuesday. Every Kentucky applicant, including Penn Entertainment’s ESPN BET, received temporary licenses. Retail sports betting launches on September...
by Zachary Kelley | Jul 7, 2023 8:12 pm | Legal
FanDuel became the official sportsbook partner and the first authorized gaming operator of the Canadian Football League. Caesars Sportsbook launched their mobile sports betting app in Puerto Rico, directly competing with Bet MGM as the only mobile sportsbooks...
by Michael Molter | Jun 13, 2023 3:17 pm | Sports Betting
Sportsbooks fail to regulate a common list of rules and take each bettor on a case-by-case basis. This means sportsbooks can restrict one bettor for something many other bettors are doing. Taking away the cash out feature for some shows favoritism toward the...