by Michael Molter | Dec 9, 2024 11:28 am | Sports Betting
As a bipartisan issue, Senators Mike Lee and Peter Welch wrote to the Federal Trade Commission asking for an investigation into DraftKings and FanDuel – two sportsbook operators who control over three-fourths of the US betting market. The sportsbooks faced a similar...
by Michael Molter | Jul 19, 2024 12:26 pm | Sports Betting
DraftKings and FanDuel sportsbook hold nearly 75% of the market share for US sports betting. While MGM and Caesars make up another ~15%, the remaining 10% is split between way too many operators. PHOENIX – Recent withdrawals from the legal sports betting market from...
by Zachary Kelley | Mar 31, 2023 3:42 pm | Sports Betting
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in...
by Jerad Paparella | Feb 16, 2022 11:25 am | Legal
Indiana easily broke their previous sports betting handle record in January, with $500,138,648 wagered during the month. With the Super Bowl and Winter Olympics taking place in February and nearby Ohio not yet hosting any legal sportsbooks, February could be even...
by Evan Thornton | Feb 7, 2022 12:26 pm | Legal
Virginia may see the ability to bet on college games thanks to new bill SB 576. Arizona is trying to expand the available operator licenses from 10 to 20. RICHMOND, Va. – New game-changing legislation could expand sports betting in both Arizona and Virginia if...
