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...
by Giovanni Shorter | Jul 8, 2022 1:12 pm | Sports Betting
Audi Field launches the first MLS in-stadium sportsbook in the country through the D.C. United MLS team’s partnership with Caesars Sportsbook. There are six markets that have been approved in-stadium sportsbooks but Arizona will be home to sportsbooks at multiple...
by Giovanni Shorter | Jul 7, 2022 11:54 am | Sports Betting
DraftKings stock is down to 12.37 per share after peaking at 63.39 per share in 2021. Caesars stock peaked at 119.49 in 2021 but is now down to just 42.26 per share. A younger investing audience is rooted as one of the reasons for the stock shares to have dipped. NEW...
by Giovanni Shorter | Jul 5, 2022 12:34 pm | Regulatory
Puerto Rico’s mobile sportsbooks will require bettors register at retail operators before accesses territory wide mobile betting. Nevada and Illinois held similar requirements. There is still no launch date for mobile sports betting in Puerto Rico. SAN JUAN, Puerto...
by Giovanni Shorter | Jul 5, 2022 10:40 am | Sports Betting
Ohio sports betting applicants continue to apply for betting licenses weekly. Rush Street interactive’s Elys has applied for a betting kiosk license, the first kiosk application. DraftKings and Penn Sports applied for mobile applications. COLUMBUS, Ohio – More sports...
