by Michael Molter | Aug 21, 2019 1:24 am | Sports Betting
DraftKings has operational sportsbooks in three states but is ready for expansion. Through a deal with Penn National Gaming, DraftKings will launch mobile betting in many states. CEO of DraftKings, Jason Robins, predicts two-thirds of the country will have mobile...
by Hasan Nabulsi | Aug 14, 2019 11:11 am | Sports Betting
Horseshoe Casino, Indiana’s largest casino, is expected to launch their sportsbook on September 4, 2019, the day before the 2019 NFL season will begin. The American Gaming Association estimated that American’s wagered $6 billion on last season’s Super Bowl alone. MS...
by Michael Molter | Aug 13, 2019 2:32 pm | Revenue
Last football season, bettors in Nevada risked over $1.8 billion on football action. From that total, the sportsbooks were able to keep $129.7 million, or 7.2%. To reach a $2 billion handle, every month would need to see an increase of 11%. LAS VEGAS – Sports betting...
by Michael Molter | Aug 12, 2019 2:48 pm | Revenue
Twin River Worldwide Holdings has over $383 million in cash and cash equivalents at the time of reporting. To end July, the company executed their capital return program, funded from cash on hand. Purchasing more casinos about the country, Twin River is operations in...
by Christina Monroe | Aug 7, 2019 11:31 am | Sports Betting
The Scientific Games Corporation had assets exceeding $7 billion. Their total revenue for the year totaled over $3 billion. With their new OpenSports sports betting solution having launched in in 2019, their revenue is expected to go up. NEW YORK – The Las Vegas-based...
