by Michael Molter | Oct 6, 2022 1:12 pm | Regulatory
The Massachusetts Gaming Commission will favor applicants who operate sportsbooks in the US. Expect many names to apply for a Massachusetts sports betting license. Many first-year licensees could lose their license upon starting Year 2. BOSTON – Many thought...
by Michael Molter | Sep 1, 2022 8:36 am | Regulatory
Kansas sports betting will launch at noon CT with grand openings from many of the local sportsbooks. With mobile and online betting in Kansas, the state will host one of the quickest turnaround times to launching. Jordy Nelson will place the first bet at Kansas Star...
by Brett Crown | Aug 17, 2022 10:54 am | Revenue
FanDuel Sportsbook launched in Washington DC in mid-July, but still, put up a respectable handle while dominating other sportsbooks when comparing rate statistics. Despite factors working against long-term exponential growth, FanDuel is likely to grow its revenue...
by Brett Crown | Aug 16, 2022 1:19 pm | Sports Betting
The start of the NFL season last year meant sports betting stocks skyrocketed. Shortly after that boom, the values of the top sportsbook’s stocks began to plummet. Betting on a short-term boom based on past history may be the best investment. NEW YORK –...
by Brett Crown | Aug 11, 2022 10:24 am | Sports Betting
States are beginning to recognize how much promotions are costing them in taxes and beginning to ban sportsbooks from using them as tax write-offs. Promotions have hurt the sportsbooks themselves as well, with many of the top brand’s stock prices plummeting as a...
