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DraftKings Eye’s Expansion North of the Border
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DraftKings started as a popular daily sports fantasy league site. In recent years, it has evolved into a major player in the US sportsbook industry. As the US market keeps expanding at a rapid base, new business opportunities are expanding just as fast. With favorable results from November’s voting referendums on legal sportsbooks, more than…
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Flutter Entertainment Increases Its Equity Stake in FanDuel
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Flutter Entertainment is going ‘all in’ on US sportsbook giant FanDuel, almost. By buying out Fastball Holdings’ 37.2 percent stake in a deal worth more than $4.1 billion, Flutter will now own 95 percent of the company with Boyd Gaming holding onto the remaining five percent. This is a natural progression for the Dublin bookmaker.…
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Pennsylvania Online Gambling Expands With BetMGM
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Legal online casino in Pennsylvania is booming these days. State gaming figures relayed that PA online casinos generated close to $60 million in revenue during the month of October. Heading into the month of December, there were 12 different online casino operators up and running in the state. Lucky 13 made its official launch with…
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Popular Philadelphia Sports Betting Blog Sold for $25 Million
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Crossing Broad is a very popular sports and sports betting website covering Philadelphia teams. Started by Kyle Scott more than a decade ago, the site grew from its humble origins to attract a few major investors along the way. As the overall content improved while expanding its coverage of the Philadelphia sports scene and sports…
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New Jersey Moves One Step Closer to Fixed-Odds Horse Betting
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New Jersey has always been one of the most progressive states in the US when it comes to the expansion of the gaming industry. The Garden State led the battle to bring legal sports betting to the state level as opposed to federal intervention. New Jersey sports betting has been a true pioneer and innovator…
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Bally’s Corp Banks on Legal Sports Betting in Kansas
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Close to 30 states plus the District of Columbia could be offering legal sports betting in some form by the time the NFL’s next Super Bowl rolls around in early February of 2022. One state that will not be on that list is Kansas. Legalization efforts this year stalled but lawmakers still remain confident that…