by Michael Molter | Nov 21, 2022 1:40 pm | Legal
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations...
by Jerad Paparella | Apr 21, 2022 2:12 pm | Sports Betting
Colorado Rockies outfielder Charlie Blackmon signed the first-ever agreement between an active player and a sportsbook – MaximBet – this week. The MLB’s rise in sports betting partnerships puts baseball in a difficult position regarding Pete Rose, the...
by Jerad Paparella | Apr 14, 2022 1:57 pm | Revenue
According to March’s revenue report released by the Indiana Gaming Commission, Indiana’s sportsbooks generated $476.8 million in wagers and $32 million in revenue during March. This pushed the total betting handle to over $1 billion since launch. INDIANAPOLIS –...