by Christina Monroe | Aug 3, 2020 2:58 pm | Revenue
August could set new records for U.S. sports betting handle as major league sporting events are coming back. In August 2019, the U.S. brought in a combined handle of $744,065,765 and some insiders think that a new record will be set because of the unique landscape of...
by Sam Profeta | Aug 2, 2020 1:52 pm | Sports Betting
Novak Djokovic was favored to win the US Open with +150 odds. Rafael Nadal wasn’t far behind with +350 odds to win the US Open. On the woman’s side, Ashleigh Barty has already withdrawn from the competition. NEW YORK—With the US Open set to take place at the end of...
by Christina Monroe | Jul 31, 2020 12:34 pm | Revenue
MGM has endured monumental losses for its second quarter in 2020 because of the Coronavirus. The company remains focused on a solid third quarter as the world begins to reopen and business can once again begin. NEW YORK – MGM Resorts International closed their...
by Daniel Borjas | Jul 31, 2020 10:01 am | Regulatory
The Senate rejects sports betting legislation in MA HB 4887. Some Senators believe that now was not the right time to focus on sports betting. The official legislative session is over but an informal session is still in progress. BOSTON – Massachusetts sports betting...
by Christina Monroe | Jul 30, 2020 11:21 am | Revenue
The outbreak of COVID-19 has played a pivotal role in the losses reported for Q3 of theScore in 2020. They recorded an EBITDA loss of $22.2 million for the first three quarters of 2020 which is a tremendous surge compared to their 2019 EBITDA of $2.3 million in that...