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 | Aug 8, 2022 2:18 pm | Revenue
New York’s online betting market has surpassed $9.3 billion in bets in its first six months of being live. This total handle is more than the $8 billion wagered in the first full year of US-regulated betting post PASPA. July 2022 marked the first month New York...
by Ben Fiore | Aug 4, 2022 3:27 pm | Sports Betting
The New York Yankees have secured their fourth sports betting operator partnership and this time with Bally Bet. Bally officially launched in the NY market on July 6th and already has a deal with the +350 World Series favorite team. NEW YORK – The Yankees have...
by Giovanni Shorter | Jul 28, 2022 1:13 pm | Sports Betting
Bet365 is launching a new sports betting news website covering sports and betting. FanDuel is rebranding TVG as FanDuel TV, a new sports betting network. NEW YORK – Popular sportsbooks are entering the sports betting media department as bet365 is set to launch a...
by Ben Fiore | Jul 14, 2022 1:43 pm | Sports Betting
Mattress Mack was featured at the SBC Summit in New Jersey and spoke about regulated books lowering their betting limits. During this conference, Mack also talked about his dislike for promotional play, because it does not incentive bettors to keep betting. NEW JERSEY...
