by Carter Floyd | Jul 7, 2020 10:57 am | Revenue
PrizePicks is a popular domestic daily fantasy sports operator. The company received $850,000 in bridge funding, a form of short-term private investment aid, in response to the COVID-19 pandemic. The investors for this bridge funding believe in the long-term potential...
by Carter Floyd | Jul 5, 2020 7:00 am | Revenue
COVID-19 has created an estimated $615 billion hole in state budgets through public health expenses and lost tax revenues. Many states have turned to sports betting odds as one potential avenue to mitigate the economic losses caused by COVID-19. Since the near start...
by Carter Floyd | Jul 2, 2020 9:47 am | Sports Betting
Both Tipico, a top German sports betting firm, and Amelco, a top English firm, are set to launch new mobile sportsbooks in the U.S. within the next two months. Even with the coronavirus halting major sports leagues in the U.S. and around the world, mobile sports...
by Carter Floyd | Jul 1, 2020 9:52 am | Revenue
Nevada’s combined sports betting and poker revenues increased 61% in May, from $3.6 million in April up to $5.8 million. Exact betting figures, win rate, handle, etc. were once again redacted to comply with confidentiality laws. Gambling revenues in Nevada are...
by Carter Floyd | Jun 30, 2020 9:44 am | Sports Betting
Illinois casinos will be allowed to reopen beginning on Wednesday with new social distancing and public health regulations. This will be the first opportunity for retail sports betting in Illinois in three months. Access to online and mobile sports betting odds have...
